- If you bet on the Patriots, they need to win the game by 8 points or more for you to win your bet. If the Patriots win by 8 points or more, you “cover.” If the Patriots win by exactly 7 points, that is called a “ push,” which means you get back the money you originally bet.
- How To Place A Bet You can place a bet by following the simple steps below; First, log in to your account with your username and password. Step 1: Select your sport of choice from the menu on the left side of the homepage.
Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. What are all of these options? Here’s all the lingo you need to know before you place your first bet:
Synonyms for place a bet include gamble, bet, wager, game, play, stake, lay, punt, back and chance. Find more similar words at wordhippo.com!
The Basics
Winbet – A bet on a horse to finish first.
Place bet – A bet on a horse to finish first or second.
Show bet – A bet on a horse to finish in the money; third or better.
In the money – A horse that finishes first, second, or third.
Across the board – A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways (place, show); and if third, one way, losing the win and place bets. It’s actually three bets.
Morning line – The odds that the track handicapper predicts a horse will go off at.
Ready for the Next Step?
Exotic (bet) – Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4.
Daily Double (or Double) – Type of bet calling for the selection of winners of two consecutive races.
Exacta – A wager in which the first two finishers in a race, in exact order of finish, must be picked.
Box – A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses.
Exacta box – A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order (2-6, 4-2, 6-4, etc.).
Quinella – Bet in which the first two finishers must be picked in either order.
Trifecta – A bet in which the first three finishers must be selected in exact order.
Trifecta box – A trifecta wager in which all possible combinations using a given number of horses are bet upon.
Pick (6 or other number) – A type of multi-race bet in which the winners of all the included races must be selected. Pick 3, Pick 4, Pick 5, Pick 6 are commonly used by tracks in the United States.
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Bounce – A racehorse’s especially poor performance on the heels of an especially good one.
Chalk – Betting favorite in a race.
Placing A Bet On Kentucky Derby
Chalk player – Gambler who wagers on favorites.
Key horse – A single horse used in multiple combinations in an exotic bet.
On the board – Finishing among the first three.
On the nose – Betting a horse to win only.
Overlay – A horse whose odds are greater than its potential to win. Professional bettors target overlays, meaning they target bets that offer better than fair value odds.
Underlay – A horse whose odds are less than than his potential to win. Betting horses whose odds are worse than fair value is a poor strategy.
Parlay – A multi-race bet in which all winnings are subsequently wagered on a succeeding race.
Speed Figure – A metric that rates a horse’s performance in a race, which is determined by a combination of the horse’s performance and the level of competition he/she competed against.
Wheel – Betting all possible combinations in an exotic wager using at least one horse as the key.
A lady at the track can sometimes feel intimidated to place a bet on the horse she loves. This simple, easy, beginner’s guide should help her feel comfortable and confident enough to place a bet on a horse race.
1) There isn’t anything more reliable than a woman’s intuition. Go with your gut woman! Pick the racehorse you fall in love with or the jockey wearing your favorite tangerine color. At this very moment, listen to your heart, not what the odds are. Trust your instinct and believe in your horse.
2) Never ever place a bet with your lover’s money. This is bad luck and only complicates things if you win big. Always have a set limit on the amount of money you’re willing to “spend” at the track. This will eliminate the “must win it back” mentality.
3) When you approach the window at the horse track, be prepared. First, tell the attendant the name of the track. Second, give the dollar amount of the bet. Most standard bets are $2.00. If you wish to bet more, say so at this time. Baba wild slots and casino play online. The third bit of information is the type of bet (more info to follow). And lastly give the number of the horse your betting on. NOT the name of the horse. An easy example on how to place a bet at the attendant window could be something like this; “Churchill Downs, $6.00 Exacta on 4 and 9.”
There are usually multiple horse races being simulcast so it is very important to specify the track name. You can place a bet on any race at any time of the day before the race is run.
Now you can find Self Automated Mutuels with touch screens that will accept cash vouchers, a winning ticket, or a $20.00 bill. This is an easy way to bypass long lines with the tellers and place your bet quickly. Placing a bet with the SAM machine also alleviates any anxiety you may feel as a first time better at the horse track.
Types of Bets
Single Horse Bets
There are three types of single horse bets that usually require at least a $2.00 minimum bet.
WIN– You’ll win if your horse finishes in 1st place.
PLACE– You’ll win if your horse finishes in 1st or 2nd place.
SHOW– You’ll win if your horse finishes in 1st, 2nd, or 3rd place.
There are three types of single horse bets that usually require at least a $2.00 minimum bet.
WIN– You’ll win if your horse finishes in 1st place.
PLACE– You’ll win if your horse finishes in 1st or 2nd place.
SHOW– You’ll win if your horse finishes in 1st, 2nd, or 3rd place.
Examples of placing a single horse bet would be:
a) “Churchill. $500 on #3 to Show.” If my #3 horse finishes in 1st, 2nd, or 3rd place I win!
b) “Santa Anita. $500 on #3 to Win.” If my #3 horse finishes in 2nd, or even 3rd, I win nothing. I’ll only win something if he finishes in 1st place.
c) “Belmont. $500 on #3 to Place.” If my #3 horse finishes in 1st or 2nd place I win! If he finishes in 3rd I win nothing.
a) “Churchill. $500 on #3 to Show.” If my #3 horse finishes in 1st, 2nd, or 3rd place I win!
b) “Santa Anita. $500 on #3 to Win.” If my #3 horse finishes in 2nd, or even 3rd, I win nothing. I’ll only win something if he finishes in 1st place.
c) “Belmont. $500 on #3 to Place.” If my #3 horse finishes in 1st or 2nd place I win! If he finishes in 3rd I win nothing.
Placing A Bet On Oaklawn App
Placing A Bet On Multiple Horses/Exotic Betting
The three most basic types of exotic betting are:
EXACTA– The two horses you pick finish in 1st and 2nd place in the order you pick them.
TRIFECTA– The three horses you pick finish in 1st, 2nd, and 3rd place in the exact order you pick them.
SUPERFECTA– The four horses you pick finish in 1st, 2nd, 3rd, and 4th place in the exact order you pick them.
EXACTA– The two horses you pick finish in 1st and 2nd place in the order you pick them.
TRIFECTA– The three horses you pick finish in 1st, 2nd, and 3rd place in the exact order you pick them.
SUPERFECTA– The four horses you pick finish in 1st, 2nd, 3rd, and 4th place in the exact order you pick them.
*Note: You may hear these bets placed as “Straight Exacta” or “Straight Trifecta” or “Straight Superfecta”. It’s simply a more proper way to tell the cashier or betting attendant if you’re placing several different types of bets.
Box Betting
Box betting is another way of placing a bet on an Exacta, Trifecta, or Superfecta bet except your horses do not need to finish in the exact order. Boxing will increase your odds of winning but will significantly affect the payoff amount.
An example of placing a Box bet would be:
“Gulfstream. $2.00 Exacta BOX on #4 and #5.” If my #4 and #5 horse finishes in either 1st or 2nd place, I Win! But in most cases my winning would be cut in half compared to placing a straight bet.
“Gulfstream. $2.00 Exacta BOX on #4 and #5.” If my #4 and #5 horse finishes in either 1st or 2nd place, I Win! But in most cases my winning would be cut in half compared to placing a straight bet.
Placing A Bet Horse Racing
There are several other types of more complicated bets that we will explore in later posts. Be sure to check back for updates.