How to Bet on Horse Races: A Beginner’s Guide

Betting on the lesser position gives you a win in that

category or higher (but at a lower payoff). So, the language would be something like this: “Churchill

Downs. $2 Exacta on 1 and 6.”

2. The standard bet is usually $2.00.

4. Win = the winner; Place = 2nd place; Show = 3rd place

   (a) “Santa Anita. $100 on #6 to

Show.” If #6 comes in 1st, 2nd, or 3rd

place, I win something. If the bet is for later, say the

number of the race between Steps 1 and 2.

1. Second, give the

dollar amount of the bet;

Betting Simplified (I hope)

3. Finally, give the

number of the horse(s) you’re betting on – No names

B. Then, give the

type of bet (see below); and

   (b) “Churchill.

$100 on #6 to ‘Place’.” If #6 comes in 1st or 2nd place, I win something. If he comes in 3rd place, however, I get


. If you don’t

state a specific dollar amount at the counter, your bet will usually be based

on this minimum and be split or multiplied according to the bet.

Note: Your bet will automatically be applied to the current race unless you specify a different race that you want to bet on. Single horse: When betting on a single horse,

consider the following:


2. First, give the name of the

track (Churchill, Pimlico, Belmont,

Santa Anita, etc.);

Examples would be:


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