Straight Horse Racing Bets

When placing a straight bet the amount to be wagered on a horse is the amount to be risked in the play. There is no way one can lose more than the amount wagered.

Win

A win wager is when you wager on a horse to win the race.

For example, if you wager on the 3 horse at Saratoga to win race 4, you horse must come in first place for you to win the wager. Any other finish will result in a loss, unless the race result is a Dead Heat. A Dead Heat means your horse and one or more horses tied for first. For Dead Heat, wagers will be paid out at the track odds.

Place

A place wager is when you wager on your horse to place (finish either first or second)

For example, if you wager on the 3 horse at Saratoga to place on race 4, your horse must either win or finish second. The payout on place bets is the same regardless of the horse's finishing position (first or second). Any other finish will result in a loss, unless the result for either first or second place is a Dead Heat.

Show

A show wager is when you wager on your horse to show (finish first, second or third)

For example, if you wager on the 3 horse at Saratoga to show on race 4, your horse must come in either win or finish second or finish third. The payout on place bets is the same regardless of the horse's finishing position (first, second or third). Any other finish will result in a loss, unless the result for either first, second or third place is a Dead Heat. A Dead Heat means your horse and one or more horses tied for a position. For Dead Heat, wagers will be paid out at the track odds.