How to Bet on Horse Races: A Beginner’s Guide

If he comes in 3rd place, however, I get

nothing. Betting on the lesser position gives you a win in that

category or higher (but at a lower payoff). Then, give the

type of bet (see below); and

. If you don’t

state a specific dollar amount at the counter, your bet will usually be based

on this minimum and be split or multiplied according to the bet.

   (a) “Santa Anita. First, give the name of the

track (Churchill, Pimlico, Belmont,

Santa Anita, etc.);

B. Second, give the

dollar amount of the bet;

1. $2 Exacta on 1 and 6.”

Examples would be:

4. Single horse: When betting on a single horse,

consider the following:

   (b) “Churchill.

$100 on #6 to ‘Place’.” If #6 comes in 1st or 2nd place, I win something.

3. 2. Win = the winner; Place = 2nd place; Show = 3rd place

A. The standard bet is usually $2.00. $100 on #6 to

Show.” If #6 comes in 1st, 2nd, or 3rd

place, I win something. Finally, give the

number of the horse(s) you’re betting on – No names

Note: Your bet will automatically be applied to the current race unless you specify a different race that you want to bet on.

So, the language would be something like this: “Churchill


2. If the bet is for later, say the

number of the race between Steps 1 and 2.

Betting Simplified (I hope)


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