| In Canada and the United States, the most common types of bet on horse races include: - Win: to succeed the bettor must pick the horse that wins the race.
- Place: the bettor must pick a horse that finishes either first or second.
- Show: the bettor must pick a horse that finishes first, second or third.
- Across the board: the bettor places three separate bets to win, place or show.
- Exacta, perfecta, or exactor: the bettor must pick the two horses that finish first and second, in the exact order.
- Trifecta or triactor: the bettor must pick the three horses that finish first, second, and third, in the exact order.
- Superfecta: the bettor must pick the four horses that finish first, second, third and fourth, in the exact order.
- Box: a box can be placed around exotic betting types such as exacta, trifecta or superfecta bets. This places a bet for all permutations of the numbers in the box. An exacta box with two numbers, commonly called quinella or quiniela, is a bet on either of two permutations: A first and B second, or B first and A second. A trifecta box with three numbers has six possible permutations (of the horses in the "box" three can finish first, two can finish second, and one can finish third: 3 × 2 × 1) and costs six times the betting base amount. A trifecta box with five numbers has 60 possible permutations and costs 60 times the betting base amount (5 × 4 × 3). In France, a "box" gives only the ordered permutations going along an ordered list of numbers such that a trifecta box with six numbers would cost 20 times the base amount.
- Any2 or Duet: The bettor must pick the two horses who will place first, second or third but can finish in any order. This could be thought of as a double horse show key (see below).
- Double: the bettor must pick the winners of two successive races (a 'running' or 'rolling' double); most race tracks in Canada and the United States take double wagers on the first two races on the program (the daily double) and on the last two (the late double).
- Triple: the bettor must pick the winners of three successive races; like doubles, many tracks offer "running" or "rolling" triples. Also called pick three or more commonly, a treble.
- Quadrella or Quaddie: The bettor must pick the winners of four nominated races at the same track.
- Pick six or Sweep six: Traditionally, the bettor must pick the winners of six consecutive races. However, there are variants ranging from three to nine races, with a four-race bet known as a Pick Four. Exclusively for the pick six, a progressive jackpot is sponsored by the host track and available at its satellite locations which grows until someone picks six winners correctly. There is also a consolation prize for those who pick five winners correctly, divided between the number of tickets registered in the system with five out of six right, in a case where nobody gets five or six winners, a four out of six consolation prize may occur. A Place Pick Nine makes up for the increased difficulty of the high number of races by allowing a second-place finish for a bettor's selected horse to count as a win.
|
