Trying to keep up with new terminology might be making you feel dizzy but don’t worry — we still have you covered. You have to check out this guide to a bunch of commonly used horse betting terms. If you don’t, you could end up having a hard time really getting into the game. Horse betting is fun once you learn the lingo and really start making your own picks. So let’s get into it, shall we?
This is a pretty easy bet — your horse has to finish first in order to collect. This is a requirement, and if your horse isn’t the winner, then you don’t collect anything at all.
Place is a little more forgiving — your horse doesn’t have to win first. Indeed, they can win second. However, they must win either first or second to collect anything.
Show is very forgiving — first, second, or third are all equally acceptable.
Exacta is a little more interesting — you play two horses. They must come in first and second in the exact order that you specify in order to collect. So if you make Morning Glory 1st and Hot to Trot 2nd, they have to come into those positions in that order. If Hot to Trot comes in 1st and Morning Glory comes in 2nd, you’re out of luck.
In this case, you still play two horses. They must come in first and second in either order to collect.
You get to play three horses — they must come in 1st, 2nd, and 3rd in exact order to collect on this bet.
This one gets a little trickier. You play three horses. You choose on horse to win — that’s your key horse. That key horse has to come in first followed by the other two horses 2nd and 3rd in order to collect anything. You can play more than two horses in second and which, which will mean that any two of those horses can finish in those positions. You’ll still win.
You play three horses here. They have to come in first, second, and third in any order to collect.
In this wager type, you play four horses. They have to come into first, second, third, and fourth places in the exact order to win.
Again, you play four horses. You choose one horse to call — that’s your key horse gain. That horse has to come in first followed by the other three horses in second, third, and fourth to collect. You can play more than three horses in second, third, and fourth places. This means that any three of those horses can finish in those positions and you’ll still win.
You play four horses, who must finish the top four places in any order.
Now that you know more about the wager types, don’t you think that it’s time to open an account at a sportsbook and do some betting? We think so!