You can also bet a combination of win and place or place and show.

If the horse wins, you collect all three different payouts. You're also able to combine all three of these straight wagers by doing an across-the-board bet - betting a horse to win, place and show. Due to the nature of this bet, you have a better chance at winning because you have three options (inside the Top 3), but the payout is substantially less than a bet to win or place. Showīetting on a horse to finish either first, second or third – also known as “hit the board”. The payout on a place bet is less than a win bet (a smaller risk due to two possible payout results), but if your horse finishes first or second, you collect. Placeīetting on a horse to finish first or second. A win bet carries a higher risk than other straight wagers and therefore pays out more. That’s the only way your ticket is a winner. This wager requires your favorite horse to finish first and win the race. There are four versions of straight wagers: Win

When making a straight horse racing bet, the focus is on the performance of a single horse in a single race. There are two different categories of horse racing bets you can place: straight wagers and exotic wagers. Picking the winner of a race is the most basic of horse racing bets, however, there’s a large menu of options for horse racing odds to choose from. Horse racing is one of the oldest and most popular betting markets around.Īnd even though the Triple Crown events - the Kentucky Derby, Preakness Stakes, and Belmont Stakes - get all the attention in the spring, races are being held nearly every day of the year at tracks around the globe.

Where can i place a bet