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  2. Betting on horse racing - Wikipedia

    en.wikipedia.org/wiki/Betting_on_horse_racing

    A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...

  3. Betting strategy - Wikipedia

    en.wikipedia.org/wiki/Betting_strategy

    Some horse racing betting systems can be based on pure statistical analysis of the odds, while others also analyze physical factors (e.g. the horses' form, jockey form and lane draw). Common forms of betting systems for horse racing are: hedging - betting on multiple outcomes in a race; arbitrage - lay the horse a low price and back it at a ...

  4. Pick 6 (horse racing) - Wikipedia

    en.wikipedia.org/wiki/Pick_6_(horse_racing)

    A pick 6 is a type of wager offered by horse racing tracks. It requires bettors to select the winners of six consecutive races. Because of the great difficulty in picking six straight winners, plus the number of betting interests involved, payoffs for successful wagers are quite high, sometimes in the millions of dollars.

  5. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    (horse racing, powerboat racing, flat track racing) Place-Show (複勝, Fukushō): Runner must finish within the first two places (up to seven participants) or three places (more than eight participants). (horse racing, powerboat racing, flat track racing) Each-way (応援馬券, Ōen Baken): To place one bet to Win and another bet to Place ...

  6. Tote board - Wikipedia

    en.wikipedia.org/wiki/Tote_board

    Behind the betting windows at Ascot racetrack, Australia February 1939. An automatic totalisator is a device to add up the bets in a pari-mutuel betting system. The whole of the pot (the stakes on all competitors) is divided pro rata to the stakes placed on the winning competitor, and those tickets are paid out.

  7. Glossary of North American horse racing - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_North_American...

    The price is set by the conditions of the race. If the horse wins prize money during the race, the money goes to the previous owner. [19] Prior to 1925 they were called a Selling race. [citation needed] Closer A horse that performs best during the final part of the race, usually coming from behind against most of its race competitors. [4 ...

  8. Best Odds Guaranteed Online Betting Sites - AOL

    www.aol.com/best-odds-guaranteed-online-betting...

    The offer works the other way too, with horse racing betting sites paying out at the odds you took if the starting price is shorter, whichever is bigger. Top 5 best odds guaranteed betting sites .

  9. Starting price - Wikipedia

    en.wikipedia.org/wiki/Starting_price

    In horse racing and greyhound racing, the starting price (SP) is the odds prevailing on a particular entry in the on-course fixed-odds betting market at the time a race begins. The method by which SPs are set for each runner varies in different countries but is generally by consensus of an appointed panel on the basis of their observations of ...