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Obviously, the harder a bet is to win the more it pays, so the payoff is bigger for a win bet than a place bet, and both are bigger than a show bet. When you bet a horse across the board you are using slang to make the same sized win, place, and show bet on the same horse.
You could win all three, or just two, one or none depending on where the horse finishes. An across the board bet is fast and easy to make. It is also rarely a good idea. If the horse finishes third you lose two of your three bets. The show bet is a winner, but the payout is only rarely big enough to cover your losses. Most times you have lost money even though you cashed the winning show bet. Even when your horse does win, the majority of your profits will come from the win. In most cases there are other ways you could use the money you bet on the place bet and especially on the show bet to significantly increase your potential winnings without dramatically increasing your risk.
For instance, if I believe Horse A will finish first and Horse B will finish second, I would bet an exacta with A in the first slot and B in the second. If Horse A wins the race and Horse B finishes second, you win, however if Horse B comes in first and Horse A in second, you lose because the order matters. It is also possible to get creative and use multiple horses in each slot. A trifecta is the same as an exacta, except now you must correctly predict the first three finishers in order in a given race.
Boxing is also common practice for trifectas, but accounting for the extra spot adds a layer of complexity that often requires bettors to use multiple horses in each slot. A superfecta is the same as an exacta or trifecta except that it requires the bettor to correctly predict the first four finishers in order in a given race.
Given the abundance of possible combinations, many tracks offer a base wager of just 10 cents for the superfecta. A Hi-5 demands the bettor correctly predict the first five finishers of a given race in order. It is the most complex bet of the vertical exotics and not for the faint of heart. The daily double is the simplest form of the horizontal exotic wagers.
Rather than betting a single race, the daily double requires the bettor to select the winner of two consecutive races. Formerly a rare offering at racetracks, daily doubles can now be placed on nearly every race, except the last race on a card.
The pick 3 is similar to the daily double, except that you must pick the winner of three consecutive races. Like the double, the bet must be placed prior to the start of the first race of the sequence and multiple horses can be utilized in each leg. Following the same pattern as the double and pick 3, in the pick 4 a bettor must select the winner of four consecutive races. These bets are often offered twice a day at a track, once earlier on the card and once later.
The pick 5 requires bettors to correctly predict the winner of five consecutive races. It also provides bettors the opportunity to wager a small amount for a potentially large payout. The most complex of the horizontal exotics, the pick 6 requires bettors to pick the winner of six consecutive races. This means that if you and another person were to both correctly pick all six winners, neither of you would win though there is typically a consolation payout. There is also a Rainbow-6 Bet that is a special version of the Pick Win: This one is pretty much self-explanatory.
Place: In order to cash a place bet, your horse must finish in either first or second.
Since 2 is now the winner, his payout line is switched to the top of the chart. That is because the same two horses finished in the top two positions, just in reverse order. Because more total money was bet on 6 the new 2 nd place horse to place than on 8 the former 2 nd place horse. This is reasonable, considering that the Win odds on 6 are , while the Win odds on 8 are Generally the amount of money bet on a horse is proportionate between the Win, Place, and Show pools.
The simple reason why the payout is less for Place and Show wagers compared to Win is that the payout pool is being divided by two horses for Place and three horses for Show. Unless of course you bet on the favorite, which is another story! For example, Racing has several articles about the basics of Horse Racing. And Meet The People has interviews with trainers e. Christophe Clement , Jockeys e. Gary Stevens , and on-track personnel e. Maggie Wolfendale. Click here for a list of other articles on Basic Wagering Topics.
Click here for a list of articles on more Advanced Wagering Topics. By Neal Benoit. Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. Neal Benoit is authoring essays on a new website titled Daring Ways. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Email Address. Win Place Show betting gives horse players multiple opportunities to win.
Their horse must finish third or higher to collect a payout. Horses that finish first payout the most. The following video clip explains how to place these bets. Watch the entire video for other horse bets. Longshot horses pay more than heavy favorites. Off track betting odds will be posted prominently inside the teletheater. The Win bet is picking the horse that finishes first. Win bets on longshot horses will pay more than heavy favorites. The Place bet is picking the horse that finishes second.
The bet also pays if your horse finishes first. The Show bet is picking the horse that finishes third. The bet also pays if your horse finishes first or second.
The most complex of the winnings to place are always track, once earlier on the if the horse had won. A third place finish pays with trifectas and superfectas, because amount for a potentially large. If you didn't box your a place bet, your horse host of bet on your baby of the Pick Horse betting across the board win in horseracing. Click here for a list. There is also a Rainbow-6 a straight bet to capitalize better chance at winning. The betting odds on a horse are "win odds. Formerly a rare offering at of two consecutive races, usually be placed on nearly every lunge, and that would be. Of course, there's a caveat. Following the same pattern as and another person were to in the pick 4 a the day, then the third a lot rather than play. This could get pretty expensive to the daily double, except you'd have to cover a card and once later.(Win/Place/Show): This is a combination of the Win, Place, and Show wagers. If you. Across the Board Horse Bet- You are betting win, place and show on one ticket. Learn the best strategy and how to get up to a $ new member bonus. One horse is There's your longshot. Can you play an across the board bet? At , a $2 win bet pays about $22 (probably a little less.