How To Place A Bet On Horse Racing

  1. How To Place A Bet On Horse Racing Kentucky Derby
  2. How To Bet On Horse Racing In Bangalore
  3. How To Bet On Horse Racing Online

The first step of betting on horse racing is to find a race that you want to bet on. Maybe it’s a big feature race like the Grand National or the Cheltenham Gold Cup, or just a regular fixture from a weekday race card.

Learn about the types of horse racing wagers and how to place your bets at The Meadows with this helpful information.

We want your visit with us to be not only enjoyable, but also rewarding. When betting the horses, you are playing against other bettors, not the house. This is called “pari-mutuel wagering”. The track handles the bets and redistributes the money to the winners.

HorseBets
  • PLACE: The Place bet requires your selection to finish first or second. It’s easier to cash than a Win bet, but the payoffs are typically smaller due to the Place pool being divided two ways rather than one (bettors with Place money on the first horse and second horse divide the pool).
  • A free, detailed guide on for US horse racing betting online for beginners or pros, including the use of breeding and race statistics. From America's #1 choice.
Horse

The Meadows Racetrack & Casino provides both teller-staffed windows and self-service wagering machines. Whichever you choose, the way to bet is the same.

Place your bet by:
  • Stating the track name
  • Race number
  • The dollar amount
  • The type of bet
  • The horses’ program number or numbers

For example: The Meadows, Race 3, $5 to Win on Number 4.

Winning tickets may be cashed at any window the day of the race or up to March 31 of the following year.

You can also wager with vouchers. Vouchers are just like cash but are easier and more convenient to use. They can be used for wagering at any live teller or self wagering machine. They can be exchanged for cash at any teller window.

WIN
The horse must finish first to collect.

PLACE
The horse must finish either first or second to collect. Generally the payoff is less than a win payoff.

SHOW
The horse must finish either first, second or third to collect. Generally the payoff is less than for Win or Place.

DAILY DOUBLE
You must pick the winners of two consecutive races to collect. Most tracks have this bet on the first two races of the card. Some tracks also have this bet on the last two races of the card.

EXACTA
You win by picking the first two horses to cross the finish line in exact order.

TRIFECTA
You win by selecting the first three horses to cross the finish line in exact order. This payoff is generally higher than an Exacta, but is a tougher bet to win.

SUPERFECTA
You win by selecting the first four horses to cross the finis line in exact order.

How To Place A Bet On Horse Racing Kentucky Derby

PICK 3 / PICK 4 / PICK 5 / PICK 6
Must pick winners of the number of consecutive races stated in the bet's name. For example a Pick 3 is for three consecutive races, a Pick 4 is for four consecutive races, etc.

Horse

You can increase your chances of winning by using boxes and wheels. Here is how they work:

How To Bet On Horse Racing In Bangalore

How to place a bet on horse racing kentucky derby

BOX
This wager combines your selections to finish first and second in every possible combination. Example: If you be a 'Trifecta box 3-4-5,' you win if those three horses finish in any order first, second and third. This bet can be used with Exactas, Trifectas and Superfectas; it can be wagered in $1 increments and at lower increments at some tracks.

How To Bet On Horse Racing Online

WHEEL
Combines one horse with all the others in a race. Example: If you wager an 'Exacta wheel 5-All,' you win if the five finishes first no matter whom finishes seconds. This bet can be used with all bets except Win, Place and Show and can be wagered in $1 increments.

PART-WHEEL
Lets you pick only the combinations you want. This is often used by very experienced bettors. Example: If you bet a 'Trifecta part wheel - 3 with 1, 2, and 4, with 1, 2, and 4,' you win if the 3 wins and 1, 2 or 4 finish second and third. This bet can be used with all bets except Win, Place and Show, an can be wagered in $1 increments.

Please consult the front of the live program, a teller or a self-bet machine for cost of box wagers as each additional horse adds to the cost.