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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. 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.

  4. How to Bet the Horses and Win on a Budget - AOL

    www.aol.com/2011/07/30/how-to-bet-the-horses-and...

    You don't need to pony up a lot of cash for a victorious day at the track. Just ride these tips from Dave Litfin of the Daily Racing Form and Andy Serling of the New York Racing Association below.

  5. Betting strategy - Wikipedia

    en.wikipedia.org/wiki/Betting_strategy

    A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit. To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [ 1 ]

  6. Superfecta - Wikipedia

    en.wikipedia.org/wiki/Superfecta

    This 10 cent bet is very popular with the fans as it permits a bettor with a small bankroll to cover many combinations and still have a chance for a large payoff. Due to the imprecise nature of the name (as opposed to other bets such as the trifecta), superfecta bets can sometimes require selecting more than four horses.

  7. 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 ...

  8. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Here the bettor picks a horse and bets it will win, and makes an additional bet that it will show, so that theoretically if the horse runs third it will at least pay back the two bets. The Canadian and American equivalent is the bet across (short for across the board): the bettor bets equal sums on the horse to win, place, and show.

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