How to Place a Bet

01 Name the Track

Many tracks are racing at one time, so designate which track you’re playing.

02 Name the Race Number

The difference between wagering on horse racing and gambling in the casino is that in

03 Select the Amount of the Wager.

For win, place and show bets, the minimum is $2.

04 Choose the Type of Wager

Win, Place, Show, Exacta, Trifecta, or Superfecta

Choose type of wager >>

05 Select Your Horse

Make your selection using the HORSE’S NUMBER. The machines and the tellers do not know the horses’ names, so use the numbers next to the horses’ names in the program when betting.

Picking a horse >> Reading a program >>

For Example

“Meadowlands, race 4, $5 exacta 4-3.”

Place a Bet Online

There are several online horse racing wagering (ADW) platforms avialable for online bet placing.

Understanding the Odds


On the infield tote board, you will see the “win” odds for each horse in the race. These are updated frequently—every 45 seconds— to reflect the amount of money wagered on each horse in relation to all money wagered in the entire win pool.

The Tote Board

if you see a single number next to your horse on the odds board, for example, “5,” then the horse is 5 to 1. This means that, for every dollar wagered on that horse to win, the winning ticket holder would win about $5. Plus, you always get your original bet amount back! So, for a $2 winning ticket on a 5 to 1 horse, you would receive about $12. ($5 + $5 + your $2 bet = $12.)

Sometimes, when a horse is below the odds of 5 to 1, you might see two numbers with a dash between them. The odds of 9-2 or 8-5 are typical examples. In the case of 9-2 odds, this means that, for every $2 bet, you would get about $11 back.

How to Handicap a Race


This step by step system is designed to provide you with a basic understanding of how to handicap a race. It assumes that you have made the most important step—purchased a past performance program. All of the winners are in those past performances and it is your task—if you choose to accept—to decipher the puzzle.

DRF Harness Wagering Guide By Derick Giwner >>