How To Bet

The difference between wagering on horse racing and gambling in the casino is that in the casino, the odds of winning each game are fixed in favor of the casino every time you play. Wagering on horse racing is called pari-mutuel wagering, which literally means “among ourselves.” In pari-mutuel wagering, you are not betting against the racetrack but against those wagering around you and those wagering by simulcast from other race tracks and off track betting establishments across the United States and Canada. As you and others place your wagers the payoff odds change as money is wagered. Win odds are displayed on the board in the middle of the track and on the broadcast screen. Tote Board Tote Board The Basics – Win/Place/Show The Exotics – Perfecta/Trifecta/Superfecta