Racing & Wagering

Types of Wagers

Arlington University – Betting Basics

  • Straight Wagers (minimum wager $2)
    • Win - Pick a horse to run FIRST
    • Place - Pick a horse to run FIRST OR SECOND
    • Show - Pick a horse to run FIRST OR SECOND OR THIRD
    • Across the Board - Bet an equal amount on a horse in all three of the above pools
  • Exotic Wagers
    • Daily Double - Pick a horse in each of two races, both must run FIRST.
      Minimum wager $2; $1 wheels available
    • Exacta - Pick two horses in one race to run FIRST and SECOND in EXACT ORDER
      Minimum wager $2; $1 boxes and wheels available
    • Trifecta - Pick three horses in one race to run FIRST, SECOND and THIRD in EXACT ORDER
      Minimum wager 50-cents
    • Superfecta - Pick four horses in one race to run FIRST, SECOND, THIRD and FOURTH in EXACT ORDER
      Minimum wager 10-cents
    • Jackpot High-5 - Pick five horses in one race to run FIRST, SECOND, THIRD, FOURTH and FIFTH in EXACT ORDER.
      Minimum wager $1      Complete Jackpot High-5 Rules
    • Pick 3 - Pick a horse in each of three races, all must run FIRST
      Minimum wager $1
    • Pick 4 - Pick a horse in each of four races, all must run FIRST
      Minimum wager 50-cents
    • Pick 5 - Pick a horse in each of five races, all must run FIRST
      Minimum wager 50-cents
    • Pick 6 - Pick a horse in each of six races, all must run FIRST
      Minimum wager 50-cents
    • Jackpot Pick 9 - Pick a horse in each of nine races, all must run FIRST
      Minimum wager 10-cents     Complete Jackpot Pick 9 Rules

Multiple Bets
BOX (Exacta – Trifecta – Superfecta) Covers all combinations of the selected horses so that as long as the winning horses are selected the ticket is a winner. Example: 50c Tri Box 8-4-5 costs $3.00 because it covers the following 6 different trifecta combinations: 4-5-8, 4-8-5, 5-4-8, 5-8-4, 8-4-5, and 8-5-4.

WHEEL
(Double, Exacta, Trifecta, Superfecta, Pick3, Pick4, Pick6)
Covers all combinations in a particular leg of a wager with the selected horses in the other legs. Example: 50c Tri Wheel 6-All-4 costs $4.50 (in an 11 horse field) because it covers the following 9 different trifecta combinations: 6-1-4, 6-2-4, 6-3-4, 6-5-4, 6-7-4, 6-8-4, 6-9-4, 6-10-4, and 6-11-4.

PARTIAL WHEEL (Double, Exacta, Trifecta, Superfecta, Pick3, Pick4, Pick6) Covers some of the combinations in a particular leg of a wager with the selected horses in the other legs. Example:50c Trifecta Partial Wheel 6 with 3, 8, and 11 with 4 costs $1.50 because it covers the following 3 different trifecta combinations: 6-3-4, 6-8-4, and 6-11-4.

KEY (Trifecta, Superfecta) A specific type of partial wheel where one, and only one, horse is selected to win, and the same horses are selected in the other 2 (or 3 in a Superfecta) legs. Example: 50c Trifecta Key 6 over 3,8,11 costs $3.00 because it covers the following 6 trifecta combinations: 6-3-8, 6-3-11, 6-8-3, 6-8-11, 6-11-3, and 6-11-8.