Basic Wagering terminology and examples are provided.
Each bet is explained, along with an explanation of how to calculate the payout for Win wagers based on odds.
Provides more details on the Place and Show bets, and how each are affected by other horses finishing in the Place/Show position.
Pari-mutuel Wagering is explained, including the significance of “Take-Out” from the wagering pools. Also, current take-out percentages from several major tracks is provided as of April 26, 2014.
The two main categories of Exotic Wagers are defined. Intra-Race wagers involve predicting the order of finish within a single race. Multi-Race wagers predominantly involve predicting the winner of multiple races in succession. Also, we provide a list of considerations in helping you decide which type of wager is best for you.
Boxing Intra-Race wagers is explained, and contrasted to an alternative called Part-Wheel wagers. A basic Part-Wheel wager is explained.
Sandwich Plays are an affordable backup wager to a 2-horse Exacta box, that offer a reward for the “close-but-no-cigar” result, when your top two horses run 1st and 3rd.