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U19 Euro W Champ. U20 WC. U20 WWC. U21 Euro Champ. Rabbit — A speed horse running as an entry with another, usually a come-from-behind horse. The rabbit is expected to set a fast pace to help the chances of its stablemate. Stakes — A race for which the owner usually must pay a fee to run a horse.

The fees can be for nominating, maintaining eligibility, entering and starting, to which the track adds more money to make up the total purse.

Some stakes races are by invitation and require no payment or fee. Account wagering — Betting by internet or phone, in which a bettor must open an account and deposit money with which to bet. Across the board — A bet on a horse to win, place and show. If the horse wins, the player collects three ways; if second, two ways; and if third, one way, losing the win and place bets.

Box — A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses. Bridge jumper — A person who wagers large amounts of money, usually on short- priced horses to show, hoping to realize a small but almost certain profit. The term comes from the structure those bettors may seek if they lose the bet.

Daily Double or Double — Type of bet calling for the selection of winners of two consecutive races. Exacta — A wager in which the first two finishers in a race, in exact order of finish, must be picked. Exacta box — A wager in which all possible combinations using a given number of horses are selected.

Exotic bet — Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are trifecta, Pick 6, and Pick 4.

Handle — Amount of money wagered in the pari-mutuel system on a race, full day of races, or entire racing season at a track. Pari-mutuel — System of wagering where all the money is returned to the bettors after deduction of track and state percentages.

Parlay — A multi-race bet in which all winnings are subsequently wagered on a succeeding race. Part wheel — Using a key horse or horses in different, but not all possible, exotic wagering combinations. Pick 6 or other number — A type of multi-race bet in which the winners of all the included races must be selected.

Pick 3, Pick 4, Pick 5, and Pick 6 are commonly used by tracks in the United States. Trifecta box — A trifecta wager in which all possible combinations using a given number of horses are bet upon. Wheel — Betting all possible combinations in an exotic wager using at least one horse as the key.

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In order to hit the daily double, you must pick the winner of two straight races in order to cash your ticket. You must pick the winner of six straight races in order to cash what many believe is the toughest bet in all of racing. An exacta bet is when you pick the first and second place finisher in a given race in the precise order that they cross the line.

If you are handicapping and trying to get a feel for the odds on various horses, the best gauge to check is the morning line. It is published in the program, racing form, or online at your sportsbook. An expert guesses what the final win odds will be for each horse in each race.

Odds shift as bets come in, but it is a pretty good estimation. As for guessing what other bets will pay, exactas and daily doubles frequently flash up on the television screen or are available online as probable prices. All other bets are a bit of a guessing game. What would a chart that gave you every possibility in a Pick 3 look like?

If there were eight horses that can win each race that would lead to possible prices. The two major differences between sports betting and horse racing wagering both revolve around the way the house earns its share.

Once you lock in the bet, the odds do not change. Horse racing betting uses pari-mutuel odds , which means you are betting against everyone else who is wagering on a race or series of races, not the house.

Odds fluctuate as people make their bets. All win bets are pooled together. Exacta bets are all in a separate pool. Pick 5 money is collected together and then allocated to winners out of that pot. You double your money, but how do we get to that figure? A payout is calculated by subtracting the amount of winning dollars from the total pool, then dividing the remaining pool by the amount of cash bet on the winner, and finally adding back in the winning bet amount.

The payout is huge because almost the entire pool consists of losing tickets. There are so few with winning tickets, therefore their payout is big. Horse racing is a year-long sport, but spring and summer tend to bring the best racing.

While the biggest race of the year is in May, the most celebrated meets take place in July and August. There are a couple of very big dates in the fall and winter too.

For casual fans, the first Saturday in May is the one day to mark on the calendar. The Kentucky Derby has been run at Churchill Downs in Louisville, KY for almost years. The Kentucky Derby, or Run for the Roses, crowns the champion three-year-old and is the most prestigious race of the year.

With 20 horses competing, the Kentucky Derby is the largest field of the year. Captured only 13 times in history, the Triple Crown is earned by winning the Kentucky Derby, Preakness Stakes third Saturday in May at Pimlico Race Course in Baltimore , and Belmont Stakes second Saturday in June at Belmont Park in New York.

Horse racing is exciting day in and day out. However, there are only three shrines to the sport in America, think what the Yankee Stadium is to baseball, that host exceptional racing in terms of atmosphere and ambiance both on and off the track.

Both Saratoga in upstate New York and Del Mar in California run upscale meets in July and August. Whereas Keeneland in Kentucky runs in April and October. The first weekend in November is the culmination of the horse racing year. It features 14 races that crown champions in various classifications best female horse, best two-year-old horse, best sprinter, etc.

Run the last Saturday in January at Gulfstream Park in Florida, the Pegasus World Cup is the richest race in the U. Once you are comfortable with the ins and outs, create an account at an online horse betting site so you can place bets from home. Dave Friedman has covered professional and college sports for two decades.

From ESPN to the Associated Press, Regional Sports Networks, Metro Networks, and many local outlets, he has written about and broadcast major and minor events throughout the country. We noticed you're from bavaria where legal online sports betting is not currently available.

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