Horse Picks

The first thing you want to do when you get to the track is look at all the people around you. They are your competition. Unlike casino gambling where you're betting against the house, horse racing is a pari-mutuel venture. In other - less fancy - words, that means you're betting against everybody else who's betting. It's like this - all the money that everybody wagers goes into a big pot. If you win, you get a piece of that pot. How big of piece depends on how many other people also win. So somebody, probably a lot of somebodies, is going to be taking home some cash. The track simply takes a modest cut of the total amount wagered. They have no interest in the outcome of the races. They just want everyone to have a great time! If you can't have fun at the track then maybe you should take up chess.

Basic Horse Pick Betting Menu

Win: You bet on a horse to finish first.

Place: Your horse must finish first or second.

Show: Your horse must finish first, second or third.

Across The Board: You're betting win, place & show. If your horse wins you collect on the win, place and show bets. If your horse comes in 2nd, you collect on the place and show bets. If 3rd, you collect on the show bet.

Double: You bet the winners of two consecutive designated races.

Quinella: Bet the horses that come in first and second in a race in any order.

Exacta: Bet the horses that come in first and second in a race in the exact order.

Trifecta: Bet the first three finishers of a race in exact order.

Superfecta: Bet the first four finishers of a race in exact order.

Pick Three: Bet the winners of three consecutive races.

Pick Four: Bet the winners of four consecutive races.

Pick Six: Bet the winners of six consecutive races.

Box: If you have two or more horses that you think will finish in the top spots, but your not sure of the order, you can box them. Example: An exacta box on horses #3 and #6, you win if #3 wins and #6 places OR #6 wins and #3 places.

Wheel: A bet on one horse with all the others in the race. An Exacta wheel #5 with all wins if the #5 horse wins and any horse comes in 2nd.

Some Facts Worth Knowing

Favorites win 33% of the time.

Favorites place 53% of the time.

Favorites show 67% of the time.

The average exacta pays about $85 for a $2 wager.

The average trifecta pays about $655 for a $2 wager.

The average superfecta pays about $3,850 for a $2 wager.

The average double pays about $96 for a $2 wager.

The average pick three pays about $600 for a $2 wager.

The average pick four pays about $3,480 for a $2 wager.

The pick six, although difficult to hit, offers potential for life-altering payouts. At the 1999 Breeders' Cup, a group from Lexington, Kentucky hit a pick six for a record payout of more than $3 million!

The Truth about Horse Racing

The truth is, horse racing is one of the last bastions of all-out fun. And the track is one of the few places left in this world where you're actually encouraged to scream and yell, flaunt your winnings, taunt your friends, throw caution to the wind and basically enjoy the hell out of yourself.

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