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The basic or straight wagers newcomers generally become familiar with upon their first exposure to horse racing are win place and show. If you place a 2 trifecta bet on 1 5 7 you can only collect if horse 1 comes in first horse 5 comes in second and horse 7 comes in third.

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You can bet on a single horse to win place or show or on a combination of horses.

Horse racing for dummies. Choose from many different subject categories. Here s a closer look at the three wagers. Part of betting on horse racing for dummies cheat sheet you re betting on horse races and want to know how much your winning bet will give you.

State what number race you re betting. Favorite horses win about 33 percent of the time although at low payoffs. State the name of the racetrack.

It s his prediction of how the public will bet the race. Make smart wagers that pay off size up jockeys trainers and their horses read the daily racing form and race track programs avoid common betting mistakes follow racing on radio tv and online. State the dollar unit of your bet.

Find listings of all our books. The morning line isn t who the racetrack oddsmaker likes in the race. A no brainer method of betting overlays is to play a couple bucks on horses going off at odds two to three times higher than its morning line.

State the type of wager. Historically all three required a minimum bet of 2 but these days they can be had for a minimum of 1 in most places. You can also box your trifecta bet so you can win if your three horses come in first second and third in any order.

To compute your 2 win price take the odds of your horse and multiply the first number by 2 divide that by the second number and then add 2 simple as that. Check your ticket before you leave the window. State the number of the horse or horses you re using.