Tagged in: Horse Betting

Horse Betting – Racebook Tracks

Horse Betting – Racebook TracksCheck WagerWeb and find the best betting site!!!!

WAGERWEB offers over 60 tracks for Thoroughbred & Harness racing.

Major Tracks

AQUEDUCT (NY)
BELMONT (NY)
DEL MAR (CA)
SANTA ANITA (CA)
SARATOGA (NY)
CHURCHILL DOWNS (KY)
$1,000 Across Win, Place & Show
$200 Propositions DD, Exacta, Pick3, Superfecta, Trifecta and Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $10,000 per race.

Other Tracks

ARLINGTON PARK (IL)
FAIRGROUNDS (LA)
WOODBINE (CANADA)
LOS ALAMITOS THOROUGHBRED (CA)
MONMOUTH (NJ)
KENTUCKY DOWNS (KY)
KEENLAND (KY)
LONE STAR (TX)
GULFSTREAM PARK (FL)
TURFWAY PARK (KY)
LOUISIANA DOWNS (LA)
OAKLAWN PARK (AK)
PRESQUE ISLE DOWNS (PA)
HAWTHORNE (IL)
DELAWARE PARK (DE)
$500 Across Win Place & Show
$100 Propositions DD, Exacta Pick 3, Superfecta Trifecta and Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

From Sportsbook, Casino Betting, Racebook Gambling, WagerWeb offers you the best online gambling options, check it now!

Limited Action Tracks

CALDER (FL)
FAIRMOUNT PARK(IL)
HASTINGS (VANCOUVER)
MEADOWLANDS (NJ)
LAUREL (MD)
PHILADELPHIA PARK (PA)
PIMLICO (MD)
SAM HOUSTON (TX)
CHARLES TOWN (WVA)
SUNLAND PARK (TX)
HOOSIER PARK (IN)
COLONIAL DOWNS (VA)
GOLDEN GATE (CA)
DELTA DOWNS (LA)
INDIANA DOWNS(IND)
OAK TREE at Pleasanton (CA)
$200 Across Win, Place & Show
$50 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

Small Action Tracks

TURF PARADISE (AZ)
CANTERBURY (MN)
ELLIS PARK (KY)
EVANGELINE (LA)
FINGER LAKES (NY)
FRESNO (CA)
SACRAMENTO (CA)
MOUNTAINEER (VA)
PENN NATIONAL (PA)
PLEASANTON (CA)
PRAIRIE MEADOWS (IA)
REMINGTON (OK)
RETAMA (TX)
BELTERRA PARK (OH)
SANTA ROSA (CA)
SOLANO (CA)
STOCKTON (CA)
SUFFOLK DOWNS (MA)
TAMPA BAY DOWNS (FL)
THISTLEDOWN (OH)
EMERALD DOWNS (WA)
$50 Across Win, Place & Show
$20 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

Quarter Horses – Small Action Tracks

RUIDOSO DOWNS (NM) LOS ALAMITOS (CA)
$50 Across Win, Place & Show
$20 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $2,500 per race.

Harness Racing – Limited Action Tracks

YONKERS (NY)
MEADOWLANDS HARNESS (NJ)
WOODBINE HARNESS (ONTARIO)
SARATOGA HARNESS (NY)
MOHAWK RACEWAY (ONTARIO)
INDIANA DOWNS HARNESS (IN)
HOOSIER PARK HARNESS (IN)
$200 Across Win, Place & Show
$50 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

 

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Horse Betting – Trifecta Wagers

Horse Betting - Trifecta WagersCheck WagerWeb and find the best betting site!!!!

Trifecta wagers require the player to pick the first three finishers in a race in exact order. This means that the player selects a horse to finish first, a horse to finish second and a horse to finish third. If all 3 horses chosen do not finish in that order, the wager is a loser.

Minimum entries for wagers to have action 4.
Trifecta wager example:

A player wants to bet 3 horses in a $10 trifecta. The horses are Mylovelylady, Shesawinner and foxylady.

Mylovelylady to win
Shesawinner to place
Foxylady to show
Risking $10.

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Trifecta Box:

A trifecta box wager is a multiple bet wager. The amount of bets depends on how many horses you select. Basically it is a trifecta wager with all possible combinations. Therefore if you select horses A, B and C you will have 6 possible combinations ( A,B,C – A,C,B – B,A,C – B,C,A – C,A,B – C,B,A )

Trifecta Box wager example:

Mylovelylady
Shesawinner
Foxylady
$10 Trifecta Box,
for a total of $60 at risk
.

Pick 3:

Pick 3 wagers require the player to pick the winners of 3 consecutive winners on the same track. If one of the horses does not win then the wager will be graded as a loser.
Minimum entries for wagers to have action 2.
Example of Pick 3:

Mylovelylady to win in Race 1
Shesawinner to win in Race 2
Foxylady to win in Race 3
$10 Pick 3

 

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Horse Betting – Exotic Horse Wagers

Horse Betting - Exotic Horse WagersCheck WagerWeb and find the best betting site!!!!

Exacta wagers:
Exacta wagers require the player to pick the first two finishers in a race in exact order. This means that the player selects a horse to finish first, and a horse to finish second. Therefore the horse chosen to finish first MUST finish first and the horse chosen to finish second MUST finish second for this wager to be a winner. If the horse chosen to finish first does not then the wager is a loser. If the horse chosen to finish second does not then the wager is a loser.
Minimum entries for wagers to have action 4.

Exacta wager example:

A player wants to bet 2 horses in a $10 exacta. The horses are Mylovelylady and Shesawinner.

Mylovelylady to win
Shesawinner to place
Risking $10.

From Sportsbook, Casino Betting, Racebook Gambling, WagerWeb offers you the best online gambling options, check it now!

Exacta wagers:
Exacta wagers require the player to pick the first two finishers in a race in exact order. This means that the player selects a horse to finish first, and a horse to finish second. Therefore the horse chosen to finish first MUST finish first and the horse chosen to finish second MUST finish second for this wager to be a winner. If the horse chosen to finish first does not then the wager is a loser. If the horse chosen to finish second does not then the wager is a loser.
Minimum entries for wagers to have action 4.

Exacta wager example:

A player wants to bet 2 horses in a $10 exacta. The horses are Mylovelylady and Shesawinner.

Mylovelylady to win
Shesawinner to place
Risking $10.

 

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Horse Betting – Win, Place, and Show Wagers

Horse Betting - Win, Place, and Show WagersCheck WagerWeb and find the best betting site!!!!

Horse wagering is totally and completely different than that of sports betting. Bettors may wager on a given horse in a race to “win” (finish first), “place” (finish second), “show” (finish third), or they may wager “across the board” (to win, place, and show).

The odds for each horse to win, place, or show is entirely dependent on the amount of money bet into the pari-mutual pool.

The horse that finishes first will have payout odds on finishing first, second, and third. The horse that finishes second will have payout odds on finishing second, and third. The horse that finishes third will have payout odds on finishing third only.

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Win: If you wagered on a horse to win only then that horse must finish first for the wager to be a winner. If the horse finishes first in the race then the wager will be paid off according to the Win odds.
Minimum entries for wagers to have action 2.

Place: If you wagered on a horse to place only then that horse must either finish first, or second for the wager to be a winner. If the horse finishes first or second then the wager will be paid off according to the Place odds.
Minimum entries for wagers to have action 4.

Show: If you wagered on a horse to show only then that horse must either finish first, second, or third for that wager to be a winner. If the horse finishes first, second, or third then the wager will be paid off according to the Show odds.
Minimum entries for wagers to have action 4.

Across the Board: If you wagered “across the board” on a horse and it finished first in the race, you would be paid odds for the win, place, and show bets. If the horse finished second in the race you would be paid odds on the place and show bets. If the horse finished third in the race you would be paid odds on the show bet only.

Other Straight Wagers: You can also bet win and place, win and show, and place and show bets on a horse.

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Horse Betting Explained

Horse Betting ExplainedCheck WagerWeb and find the best betting site!!!!

Betting on horse racing isn’t a complicated procedure. Most often, you place your bet, take your ticket, and tear it up when your bet doesn’t pay off.

The following list spells out the betting procedure step by step:

  1. State the name of the racetrack.
  2. State what number race you’re betting.
  3. State the dollar unit of your bet.
  4. State the type of wager.
  5. State the number of the horse or horses you’re using.
  6. Check your ticket before you leave the window.

The main object of betting on horses is to beat the ‘Oddsmakers‘ or the ‘Odds Compilers’ and win some money. Additionally, placing a bet on your favorite event makes the race exciting and more enjoyable.

Betting is done through Sports books or Sportsbooks (US) and Bookmakers (UK) entities that accept bets. You can bet on the outcome of horse races and several sporting events.

From Sportsbook, Casino Betting, Racebook Gambling, WagerWeb offers you the best online gambling options, check it now!

If you have studied the racing form and looked at the horse, it is time to place a bet. Unlike other forms of gambling, you are not playing against the house when you bet on the horse races. Horse betting is actually a competition with the people around you.

Playing against the other horse betting gamblers as with horse racing is referred to as pari-mutuel wagering. The money that is wagered is pooled, with a separate pool being kept for each type of wager. If you win your bet you get part of the pool. How much depends on how many other people win with you.

There is a basic protocol to follow when you go to the betting window to place a bet. Here is what to say at the betting window:

Track: Tell the clerk what track you are betting on. “Hollywood Park, race 3.”

Amount: Tell the clerk the amount that you are betting. “Five dollars.”

Type: Tell the clerk the type of bet you are making. “Win.”

Number: Tell the clerk the number(s) of the horse you are betting. “Number 5.”

Now put it all together. “Hollywood Park, race 3, five dollars to win on number 5.” That’s all there is to it!

You can bet on any race being run at the track at any time before it is run. Tracks also simulcast races from other tracks. That is why it is important to specify the track where you wish to place your bet. Below is a list of the more common types of bets used in horse racing and sport events.

Straight bet or Single or Win bet. This is the simplest and most common bet. You bet on a winner at given odds. You collect only if your chosen horse is the first across the finish line.

Place. A wager for place means you collect if your selected horse finishes either first or second.

Show. The third horse across the finish line. A wager to show means you collect if your selected horse finishes either first, second or third.

Combination Bet. Combinations cover from two to four horses to win in chosen order.

Pick 3. This wager requires the player to pick the winners of three consecutive races. Some race tracks have a rolling pick 3 which is when the player must pick three races in a row and it continues for the next three races.

Pick 6. This wager requires the player to select the winner of six consecutive races prior to the first race of the pick six. Some tracks place the pick six as the first six races, the middle six races, or the last six races. Many tracks have carry over pools for the pick six that can grow to as high as a million dollars.

Quiniela or Reverse Forecast (UK). A bet placed on two horses to finish first and second in either order.

Perfecta or Exacta or Straight Forecast (UK). A bet placed on two horses but they must cross the finish line in exact chosen order.

Trifecta or Tricast or Treble Forecast (UK). A bet placed on three horses to cross the finish line in exact chosen order.

Superfecta. A bet placed on four horses to cross the finish line in exact chosen order.

Daily Double. Similar to an accumulator you select the winners of the first and second races on that day. You must place your bet before the start of the first race.

Jackpot. Pick six winners in six races to share in a Jackpot prize. The rules and prizes will vary from race track to race track.

Parlay or Accumulator. A multiple bet. A kind of ‘let-it-ride’ bet. Making simultaneous selections on two or more races with the intent of pressing the winnings of the first win on the bet of the following race selected, and so on.

Future. A bet on a future event.

Exotic Bets. Betting on unusual events. Some sports books post odds and take bets on a wide variety of other sports related events and activities. A few others will take bets on just about anything you can think of.

Proposition Bet or Prop Bet. An offer of bets at odds and conditions chosen by the sportsbook, usually on ‘Exotic’ bets.

 

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Racebook Tracks at WagerWeb

Racebook Tracks at WagerWebCheck WagerWeb and find the best online betting site!!!!

WAGERWEB offers over 60 tracks for Thoroughbred & Harness racing.

Major Tracks

AQUEDUCT (NY)
BELMONT (NY)
DEL MAR (CA)
SANTA ANITA (CA)
SARATOGA (NY)
CHURCHILL DOWNS (KY)
$1,000 Across Win, Place & Show
$200 Propositions DD, Exacta, Pick3, Superfecta, Trifecta and Track Quinella 
WAGERWEB pays FULL track odds up to a Max Payout of $10,000 per race.

From Online Sportsbook, Casino Betting, Racebook Gambling, WagerWeb offers you the online gambling options

Other Tracks

ARLINGTON PARK (IL)
FAIRGROUNDS (LA)
WOODBINE (CANADA)
FAIRPLEX (SO CA)
MONMOUTH (NJ)
KENTUCKY DOWNS (KY)
KEENLAND (KY)
LONE STAR (TX)
GULFSTREAM PARK (FL)
TURFWAY PARK (KY)
LOS ALAMITOS THOROUGHBRED (CA)
LOUISIANA DOWNS (LA)
OAKLAWN PARK (AK)
PRESQUE ISLE DOWNS (PA)
HAWTHORNE (IL)
DELAWARE PARK (DE)
$500 Across Win Place & Show
$100 Propositions DD, Exacta Pick 3, Superfecta Trifecta and Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

Limited Action Tracks

CALDER (FL)
FAIRMOUNT PARK(IL)
HASTINGS (VANCOUVER)
MEADOWLANDS (NJ)
LAUREL (MD)
PHILADELPHIA PARK (PA)
PIMLICO (MD)
SAM HOUSTON (TX)
CHARLES TOWN (WVA)
SUNLAND PARK (TX)
HOOSIER PARK (IN)
COLONIAL DOWNS (VA)
GOLDEN GATE (CA)
DELTA DOWNS (LA)
INDIANA DOWNS(IND)
OAK TREE at Pleasanton (CA)
$200 Across Win, Place & Show
$50 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

Small Action Tracks

TURF PARADISE (AZ)
CANTERBURY (MN)
ELLIS PARK (KY)
EVANGELINE (LA)
FINGER LAKES (NY)
FRESNO (CA)
SACRAMENTO (CA)
MOUNTAINEER (VA)
PENN NATIONAL (PA)
PLEASANTON (CA)
PRAIRIE MEADOWS (IA)
REMINGTON (OK)
RETAMA (TX)
BELTERRA PARK (OH)
SANTA ROSA (CA)
SOLANO (CA)
STOCKTON (CA)
SUFFOLK DOWNS (MA)
TAMPA BAY DOWNS (FL)
THISTLEDOWN (OH)
EMERALD DOWNS (WA)
$50 Across Win, Place & Show
$20 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella 
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

Quarter Horses – Small Action Tracks

RUIDOSO DOWNS (NM) LOS ALAMITOS (CA)
$50 Across Win, Place & Show
$20 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella 
WAGERWEB pays FULL track odds up to a Max Payout of $2,500 per race.

Harness Racing – Limited Action Tracks

YONKERS (NY)
MEADOWLANDS HARNESS (NJ)
WOODBINE HARNESS (ONTARIO)
SARATOGA HARNESS (NY)
MOHAWK RACEWAY (ONTARIO)
INDIANA DOWNS HARNESS (IN)
HOOSIER PARK HARNESS (IN)
$200 Across Win, Place & Show
$50 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

 

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Horse Racing Betting Terms

Horse BettingCheck WagerWeb and find the best online betting site!!!!

ACROSS THE BOARD: A bet on a horse to win, place and show. If the horse wins, the player collects three ways; if second, two ways; and if third, one way, losing the win and place bets.

BOXED BET: Betting all possible combinations in a multi-horse wager such as exacta or trifecta.

BREAKAGE: In pari-mutuel payoffs which are rounded out to a nickel or dime, those pennies that are left over. Breakage is generally split between the track and state and, in some cases, breeding or other funds, in varying proportions.

BRIDGE JUMPER: A person who bets an unusually large sum on a single horse, like $100,000 to show. Refers to the fact that if they lose they may be jumping off the nearest bridge.

DAILY DOUBLE: Type of wager calling for the selection of winners of two consecutive races, usually the first and second.

DEAD HEAT: A tie between two or more horses at the finish of the race. Usually these can be separated by the photo finish camera, but sometimes they are so close you can’t.

EXACTA (or PERFECTA): A wager in which the first two finishers in a race, in exact order of finish, must be picked.

FIELD HORSE (or MUTUEL FIELD): Two or more starters running as a single betting unit, when there are more entrants than positions on the totalisator board can accommodate.

IN THE MONEY: Finishing first, second or third.

INQUIRY: Reviewing the race to check into a possible infraction of the rules. Also, a sign flashed by officials on tote board on such occasions.

LOCK: Slang for a “sure thing” winner.

MINUS POOL: A mutuel pool caused when one horse is so heavily played that, after deductions of state tax and commission, there is not enough money left to pay the legally prescribed minimum on each winning bet.

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OBJECTION: Claim of foul lodged by rider, patrol judge or other official. If lodged by official, it is called an inquiry.

ODDS-ON: Odds of less than even money. In England it is simply called “on,” thus a horse “5-4 on” is actually at odds of 4-5.

OFFICIAL: Sign displayed when result is confirmed. Also racing official.

ON THE NOSE: Betting a horse to win only.

OVERLAY: A horse going off at a higher price than he appears to warrant based on his past performances.

PARLAY: Using the winnings from one bet to place the next bet.

PHOTO FINISH: A result so close it is necessary to use a finish-line camera to determine order of finish.

PICK SIX (or more): A type of wager in which the winners of all the included races must be selected.

PLACE: Second position at finish.

PLACE BET: Wager on a horse to finish first or second.

QUINELLA: Wager in which first two finishers must be picked, but payoff is made no matter which of the two wins and which runs second.

SHOW: Third position at the finish.

SHOW BET: Wager on a horse to finish in the money; third or better.

STRAIGHT: Betting to win only.

SUPERFECTA: A wager where you have to pick the first four finishers in exact order.

TAKE (or TAKEOUT): Commission deducted from mutuel pools which s shared by the track and local and state governing bodies in the form of tax.

TOUT: Person who professes to have, and sells, advance information on a race.

TRIFECTA (or TRIPLE): A wager picking the first three finishers in exact order.

UNDERLAY: A horse racing at longer odds than he should.

WIN: Cross the finish line first.

WIN BET: Wager on a horse to finish first.

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