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Horse Racing
Betting Types |
Straight Bets
WIN
A "WIN" bet is just what it sounds like: betting that the horse you pick
will win the race. You win if the horse wins.
PLACE
For a horse to "PLACE" it must finish the race either first or second.
This bet generally pays less than the win bet but it gives you two
chances to win instead of just one.
SHOW
For a horse to "SHOW" it must finish the race either first, second or
third. This bet generally pays less than either the win or place bet,
but it gives you three chances to get a return for your investment.
ACROSS THE BOARD
This is a quick way to say that I want to bet a horse to finish in any
of the first three positions etc. ($2 Across The Board = $2 to win, $2
to place, and $2 to show). If the horse wins you collect all three bets.
If the horse finishes 2nd then you collect the place and show bets. If
the horse finishes 3rd then you will only collect the show bet. For
A Group Try The SHOW PARLAY
This is always fun to do when you are at the track with a group of
friends. Each participant contributes to the pool of betting money (i.e.
$5). You elect a captain to make the wager. Everyone participating gets
to vote for their choice of the horse to show. You place the bet on the
horse that gets the most votes. If the horse finishes in the top three
positions you add the winnings to the pool of betting money and select
another race to do the same thing.
Remember that it is not a good idea for this parlay bet or any other bet
to attempt to play every race on the card. Some races are much harder to
determine the winners. These races should be passed and save your money
for better opportunities. As with most everything in life it is more fun
to win than lose.
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