The following table lists and explains some of the popular types of bets.
| ALL TO COME | The ALL TO COME bet provides an opportunity to win big for a small amount. The bet enables WIN or PLACE bets on horses in different races at the same race meeting to be combined into one accumulative bet. From time to time an ALL TO COME BET is offered by a betting provider. |
| BIPOT | Choose a horse, or horses, to finish first or second in each of the 6 races that comprise the BIPOT. (Each race in the BIPOT is a leg. So you will have legs 1 to 6 in a BIPOT). You can win the bet many times. For example: Let's say you choose one horse in each of legs 1 to 3 and two horses in each of Legs 4, 5 and 6. If all choices finish in the first 2, payout is won eight times (1x1x1x2x2x2 = 8). |
| DOUBLE | Choose the winners of the 2 consecutive races that comprise the DOUBLE. (The first of the 2 races in a DOUBLE is termed Leg 1 and the second is termed Leg 2.) A DOUBLE can be taken on all consecutive races, i.e. races 1 and 2; 2 and 3; 3 and 4, etc. |
| EACHWAY | Combines a WIN and PLACE bet. You collect the WIN and PLACE payouts if the horse bet on finishes first. You get the PLACE payout if the horse finishes SECOND or THIRD (the number of Place payouts varies according to the number of runners, see PLACE above). The same amount is always bet for the WIN and the PLACE. |
| JACKPOT | Choose the winners of all 4 races that comprise the JACKPOT. Each of the 6 races in a JACKPOT is termed a leg. So a JACKPOT will have legs 1 to 4. One or more horses can be chosen in each of the 4 races, however, choosing multiple horses in each leg dilutes the bet. |
| PICK 3 | Choose the winners of any 3 consecutive races. One horse or more can be chosen in each of the three races. |
| PICK 6 | Choose the winners of all 6 races that comprise the PICK 6. Each of the 6 races in a PICK 6 is termed a leg. So the PICK 6 will have legs 1 to 6. One or more horses can be chosen in each of the 6 races, however, choosing multiple horses in each leg dilutes the bet. So working out a good Pick 6 bet is part of winning a big amount. |
| PLACE | Bet a horse to finish in the placings. The number of horses qualifying for PLACE payouts depends on the number of runners. When there are 6 or 7 runners, it will be the first 2. If there are 8 to 15 runners, it's the first 3. It will be 1st through 4th when more than 15 horses run. There can be no place betting in races with less than 6 runners. |
| QUARTET | See TRIFECTA. |
| SWINGER | Pick 2 horses in a race and couple them in a SWINGER. You win if the 2 horses chosen fill 2 of the first 3 places. There are 3 winning combinations 1st and 2nd (or 2nd and 1st); 1st and 3rd (or 3rd and 1st); or 2nd and 3rd (or 3rd and 2nd). There is no payout for 3rd and 3rd if there is a deadheat for third. |
| TRIFECTA /QUARTET |
Bet on the first three (in the TRIFECTA) or the four (in the QUARTET) to be placed in the exact order. There are four different ways to bet the TRIFECTA and the QUARTET: Single, Multi, Float (Rove) and Box. A popular TRIFECTA option is Multi, where one horse is chosen for the first place and with three or more other horses for second and third places. |
| WIN | Bet a horse to win (first place). |
| Created: 2021-08-04 | Revised: ~ |