Horse racing offers a wide variety of ways to bet, and understanding the basics is the first step toward building confidence as a bettor. This section breaks down the most popular bet types you’ll find on MyWinners, from simple Win bets to more complex exotics like Trifectas and Pick 6s.
What You’ll Find in This Section
What are Win, Place, Show Bets?
The foundation of horse race wagering. Learn how these straightforward bets work and why they’re the best starting point for new players.
What is an Across the Board Bet?
A simple way to cover all three outcomes — Win, Place, and Show — with one combined wager.
What Are Exacta, Trifecta, and Superfecta Bets?
Go beyond the basics and explore exotic bets that challenge you to predict the exact finishing order of multiple horses.
What Are Daily Double, Pick 3, Pick 4, Pick 5, and Pick 6 Bets?
Multi-race wagers that let you string together predictions across consecutive races, with payouts that grow as difficulty increases.
What’s the Difference Between Horizontal and Vertical Bets?
Get to know the two main categories of exotic wagering and how each tests different aspects of your betting strategy.
What’s the Difference Between Exotic and Straight Bets?
Understand how exotic bets compare with simpler straight wagers — and when it makes sense to use each type.
What Are Boxed, Wheeled, and Part-Wheeled Bets?
Learn how these techniques give you more flexibility in exotic betting, letting you cover multiple outcomes without betting every possible combination.
💡 Did You Know? The first recorded pari-mutuel betting machine was invented in 1867 by a Frenchman named Pierre Oller — and the system it created is still the basis of horse racing wagering today.
Frequently Asked Questions
Which bet type is best for beginners?
Which bet type is best for beginners?
Win, Place, and Show bets are the simplest and most affordable options, making them the ideal starting point for new bettors.
Do exotic bets always pay more than straight bets?
Do exotic bets always pay more than straight bets?
Not always. While exotic bets can offer higher payouts, they’re also harder to win. The actual payout depends on the betting pool and race results.
Can I combine different bet types in the same race?
Can I combine different bet types in the same race?
Yes. You can place multiple wagers on the same race, such as a Win bet on one horse and an Exacta including that horse with another.
Are multi-race bets like Pick 6 available at every track?
Are multi-race bets like Pick 6 available at every track?
No. Availability depends on the track and race schedule, so always check the wagering menu for the specific event.
Do box and wheel bets guarantee a win?
Do box and wheel bets guarantee a win?
No. They simply increase your chances by covering more combinations. A horse still needs to finish in the positions you’ve selected for the bet to succeed.