So if you wager on horses 6 and 7 in an exacta or sometimes called a perfecta, you must specifically state which horse you bet will come first and which horse will come second.
Pick Six: No, this is not the lotto, you must be very lucky to burst this bubble, you are wagering that your choice of 6 horses will win their respective Races. So your wager is on horses 6, 5, 7 & 8 (all in 4 consecutive races)
Double Event: This waging is when you select the two winners from two consecutive races. If one horse win and the other does not, you will lose your bet, both horses must win for you to see dividends.
Quinella: The Quinella is a term given to a bet that picks the two horses which will come first and second no matter the order. These bets are not available in all races as many factors depict if a customer can wager on a high 5 race such as the amount of horses in the race. So if you are wagering on race 1 and race 2, you must bet on the horse that will win in race 1 and the horse that will win in race 2. The odds of picking the six winners in six races are high and so are the payoffs.
Pick Four: Are you feeling a bit more lucky? well pick four is for you, you are wagering that your choice of 4 horses will win in FOUR consecutive Races. A trifecta is where three horses are placed in the exacta order of finishing 1, 2, and 3. The Odds of the quinella are much higher than a direct win, so more money will be won if the quinella comes through.
High Five: You are wagering that your choice of 5 horses will finish 1st through 5th places in a single race. Races with 7 or less horses are usually excluded from High 5 or another term pick 5 wagering.. All horse tracks offer exacta betting on most races. Betting beg on a pick 9 can give you millions in winnings.
Exacta: In the exacta, you can pick the horses that will finish first and second in exact order. Placing a $100 dollar bet on a good trifecta will give you a broad nice smile on you face when collecting your winnings.
Pick 9: Same as the Pick six, the only difference is that the odds are stacked much more higher and so is the payout. So if you bet that horses number 6 and 7 will come first or second, doesn’t matter which one comes first or second. Trifecta:If you are really lucky or really know your horses, you can wager on what is called a trifecta. As the odds for winning increases so does the payout