Glossary
The Wager
Before you place a wager, you should know your options. Here’s an overview of most types of wagers.
WIN – The most common wager. You are a winner if your horse finishes first.

PLACE – You are a winner if your horse finishes first or second.

SHOW – You are a winner if your horse finishes first, second or third.

DAILY DOUBLE – You are a winner if your selected horses win two designated races.

EXACTA – You are a winner if your selected horses finish first and second in exact order in a race.

QUINELLA – You are a winner if your selected horses finish first and second in any order of finish in a race.

TRIFECTA – You are a winner if your selected horses finish first, second and third in exact order of finish in a race.

PICK 3 – You are a winner if your selected horses come in first in three designated, usually consecutive, races.

SUPERFECTA – You are a winner if your selected horses come in first, second, third and fourth in exact order of finish in a race.


The beginner might concentrate on win, place and show wagering and two-horse combination wagers, like quinella or exacta. Simply try to determine which horse is the most likely winner.