The thrill of horse racing often involves placing a bet on your favorite horse. Whether it’s the name, the color or the number, here are some pointers to help you place a bet to maximize your winnings.
Tip Sheet and YouTube Handicapping Show
Get expert insight on the Colonial Downs thoroughbred races this summer in New Kent from track handicapper Jessica Paquette and track announcer Jason Beem.
Both their Tip Sheet and YouTube Preview show can be accessed here every race day.
Exacta: An exacta wager is placing a wager on two horses to come in first and second. To win, the horses must come in that exact order. However, you can also box your exacta wager. If you box your wager, the top two horses can come in any order, and you will still win. It costs twice as much to box an exacta.
Quinella: A quinella wager is placing a wager on two horses to come in first and second in any order. The difference between a quinella and a box exacta is the cost. It costs more to place a box exacta, and the payout is typically bigger.
Trifecta: A trifecta is selecting three horses to finish in first, second, and third. To win, they must finish in that exact order. You can also box a trifecta wager. If your horses finish in first, second, and third in any order, you will win. However, it costs more to box your wager, but the payout is typically bigger.
Win: Placing a wager on a horse to win. That horse must come in first for you to win the wager.
Place: Wagering on a horse to come in first or second place. You win the wager if the horse comes in the top two.
Show: Wagering on a horse to finish in first, second, or third. You win the wager if the horse comes in the top three.
Placing a win, place, or show wager is a great place to start if you are new to horse wagering. The minimum wager for a win, place, or show wager is just $2. Once you’ve mastered the win, place, and show, you can move on to more complicated wagering.