Learn about wagering
Placing a wager at the racetrack can be as easy or as complicated as you want to make it — it just depends on what type of wager you want to place. If you’re new to horse racing and wagering, start by learning about the different types of wagers available.
Win: Placing a wager on a horse to win. That horse must come in first for you to win the wager.
Place: Wagering on a horse to come in first or second place. You win the wager if the horse comes in the top two.
Show: Wagering on a horse to finish in first, second, or third. You win the wager if the horse comes in the top three.
Placing a win, place, or show wager is a great place to start if you are new to horse wagering. The minimum wager for a win, place, or show wager is just $2. Once you’ve mastered the win, place, and show, you can move on to more complicated wagering.
Exacta: An exacta wager is placing a wager on two horses to come in first and second. To win, the horses must come in that exact order. However, you can also box your exacta wager. If you box your wager, the top two horses can come in any order, and you will still win. It costs twice as much to box an exacta.
Quinella: A quinella wager is placing a wager on two horses to come in first and second in any order. The difference between a quinella and a box exacta is the cost. It costs more to place a box exacta, and the payout is typically bigger.
Trifecta: A trifecta is selecting three horses to finish in first, second, and third. To win, they must finish in that exact order. You can also box a trifecta wager. If your horses finish in first, second, and third in any order, you will win. However, it costs more to box your wager, but the payout is typically bigger.