This is the winner of the race. If you place a Win bet, the horse you pick must come in first. Three equal win, place and show bets on a horse in a race, hence this bet also is known as Win Place Show. A $2 bet across the board would cost. Place — If your horse finishes 1st or 2nd, you win $$. Show — If your horse finishes 1st, 2nd or 3rd, you win $. Exotic Bets or Combination Wagers. Across the. STRUCTURE OF FOREX MARKET IN INDIA

Place: Your horse must finish first or second for it to be successful. Show: Your horse must finish first, second or third. Naturally out of these three the win bet is the most difficult to get right so generally pays off more, while betting a strong favorite to show will mean a very low payout given that the probability of this horse running in the first three is very high.

If the horse wins, you collect on all three bets. If it is second, you collect on place and show and if it is third you collect on only the show part of the bet. More information is available below. More than one horse can be added into each leg of the bet, multiplying the cost. Exotic Combinations Straight: A wager with only one combination, i. Box: Boxing a bet means covering all available combinations.

In an Exacta there are 2 possibilities, a Trifecta has 6 and so on. You multiply the cost of your unit stake appropriately. Key: Keying a horse means taking it on top by itself and adding others in behind it. So a Trifecta Key means choosing one horse you think will win then any combination of other horseo fill second and third place behind it. Wheel and Partial Wheel: A Wheel means to take the entire field in one leg of a wager and a partial wheel is taking a given number of horses in one leg of a wager.

You need to know how to calculate these or at least have this guide handy when you bet. Daily Double Costs The Daily Double is a really popular bet in which you are tasked with choosing the winner of two consecutive, pre-selected races on a racecard. You can choose do place a Daily Double Part Wheel, increasing the number of horses to give yourself a better chance of success. Exacta Costs This bet is also sometimes known as a Perfecta, depending upon which track you are betting at, and it involves choosing the first and second horses home in the correct order.

This sort of bet is not as simple as it sounds as so often in horse racing even when a hot favorite wins there can be a surprise outsider filling second place, though the harder the bet is to get right the bigger the payoffs will be. Once again you can play an Exacta Part Wheel in which you choose more horses to increase your chances of success, but always remember that by doing this you are also increasing the total cost of the bet.

Quinella Costs In terms of how you select this bet, a Quinella is essentially an Exacta Box under a different name. You choose two horses to finish first and second in either order but without the unit stake having to change or be worked out, i. Some sharp-eyed horseplayers keep an eye out on the probably payoffs for both the Quinella and Exacta Box just to see if there is any slight advantage to one or the other before deciding which one to place.

To work out the cost, use the same calculations as the Exacta Box and the divide the total in half. On betting A win bet is the act of placing a bet on one horse that the better thinks will finish first in the race. A place bet is the act of placing a bet on one horse that the better thinks will finish first OR second place in the race. If the this occurs, the better wins. The payout is the same whether the horse that was betted on places first or second.

A show bet is the act of placing a bet on one horse that the better thinks will finish first, second OR, third place in the race. The payout is the same whether the horse that was betted on places first, second or third.

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Win A Win bet is the most straightforward of all horse racing bets. You pick which horse you think will finish first, and if they do, you get a payout. This bet is the riskiest of the three with only one shot at a payout. Place A Place bet means betting that a horse will come in first or second place.

The payoffs on Place bets are lower than those on Win bets because payouts are split between the horse that wins and the runner-up. This is the least risky of the bets discussed here but comes with a reduced payout, as everyone who bet on the top three finishers splits the prize pool.

Bets made online will have the same minimum wager as placing your bets in person. Show Bet Like a place wager, a show bet means choosing a horse to finish in the top 3. Naturally, it has the lowest odds of the bunch but gives you better chances to win. Across the Board Do you want to combine the win, place, and show bet on one ticket? You can then put your money on an Across the Board bet.

Just choose Across the Board, pick your horses, and enter the stake. If your horse wins the race with this combined bet, you get paid on all 3 parts. If it finishes second, you lose the win wager and get paid for the place and show. If your pick ends up third, you only get paid for the show part of the win, place, show bet. Handicapping Horses for Win, Place, and Show Wagering Win, place, show betting makes it easier for you to handicap horses.

If you only choose one horse, you have a much better chance to win. Successful handicappers know every detail about the horses before they even set out to bet on them. Of course, take that with a pinch of salt. Even with a reasonable bet such as this one, winning is not guaranteed.

Horses can fail just like your team can fail in a match. Compared to exotic horse racing bets or multi-bets, the win, place, and show pays less. You should always look for value in sports betting, not just with this bet. It determines your payouts, and since all horse racing sportsbooks have different odds on runners, you might find better value at one over another.

Before you even think about placing a win, place, show bet, you should first do your research. The pros take notes of each horse that they believe will run a great race. They note their recent form, if there have been any injuries, and pay close attention to the morning lines and expected odds. Instead of sticking with the same wager for all 3 parts, you can bump them up to double or triple. Of course, the odds are key in developing a betting strategy , as shorter prices will give better returns on wins only.

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The riskier the bet, the bigger the payout. Show Betting What does show mean in horse racing? Betting on a horse to show requires your chosen steed to finish in first, second or third place. Since the bet gives you three different ways to win, the payout will generally be less than a victory in place or win.

As with the wager above, there is less risk involved with this kind of bet. Like a parlay bet in other sports, this is several bets combined on one ticket. If your horse wins the race, you get win, place and show payoffs. If your horse finishes second you receive place and show payouts, and if your horse comes in third, you only get the show payout.

This bet is named in reference to the tote board. Bet on the Triple Crowns here! Traditional wagering is a lower-risk proposition compared to more complicated bets like the Pick 6. So, stay away from sophisticated bets until you find your footing. In addition, tracks have a lower takeout rate on win, place, and show betting as compared to exotic wagers like trifectas. The payoffs on Place bets are lower than those on Win bets because payouts are split between the horse that wins and the runner-up.

This is the least risky of the bets discussed here but comes with a reduced payout, as everyone who bet on the top three finishers splits the prize pool. Bets made online will have the same minimum wager as placing your bets in person. Knowledge is the key to success when to win a Win, Place or Show bet. Like any other wager, winning with a Win, Place or Show bet depends on making smart horse picks and having a handful of luck. Having a solid understanding of the horses racing and the conditions affecting them will help you make educated decisions about which horses to place your bets on and set you up for success.

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How to Bet Horse Races Win, Place, Show, Double, Exacta and More

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