Horse Betting 101

How To Bet Horses

Advanced Bets

Horse Betting 102

Horse Betting: How to Place a Straight Wager

A Straight Wager is a bet on the Win, Place or Show:

  • Win is where the horse finishes first
  • Place being first or second and
  • Show being finishing in the top 3 spots.

The minimum that you are allowed to wager is $2 for straight bet. This means that all the the final winning prices are all based on a $2 bet.

For example: if you bet $10 to win, and the win price was $5.00, you would win a total of $25.

The math works like this: $10 (amount bet) multiplied by $5 (winning payoff for 5/1 odds) divided by 2 (as the price was based on a $2 wager) = $25.

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