4-27-10 Tooesday! I Miss You Know Who!!!

[Beckster]

Holy Crap! I JUST realized that this is the week of the Kentucky Derby!! I need to do some gambling!!

The race track in Winnipeg is doing a big open house as a kick off to the Kentucky Derby. I've never bet on horses before, don't think I ever will.

It's actually really fun. You should try it.

My work has employee night on day in the summertime. We basically all go to the track, have dinner, play a few games then gamble on horses. I've been here 3 years and have never gone.

I am not a big gambler, I just play a few bucks for fun. You pick a horse with decent odds.. bet them to show (at the very least) and if they come in first, second or third, you win. Then you can work on the bets that might score you some money if you win.

[Derick]

Straight bet or Single or Win bet: This is the simplest and most common bet. You bet on a winner at given odds. You collect only if your chosen horse is the first across the finish line.

Place: A wager for place means you collect if your selected horse finishes either first or second.

Show: The third horse across the finish line. A wager to show means you collect if your selected horse finishes either first, second or third.

Combination Bet: Combinations cover from two to four horses to win in chosen order.

Pick 3: This wager requires the player to pick the winners of three consecutive races. Some race tracks have a rolling pick 3 which is when the player must pick three races in a row and it continues for the next three races.

Pick 6: This wager requires the player to select the winner of six consecutive races prior to the first race of the pick six. Some tracks place the pick six as the first six races, the middle six races, or the last six races. Many tracks have carry over pools for the pick six that can grow to as high as a million dollars.

The Daily Double: You win if you pick the winner of the first and second race. To bet you say "$2 daily double on 3 (your pick to win in the first race) and 5 (your pick to win in the second race)". Your bet must be placed before the start of the first race.

Quiniela: (Reverse Forecast, UK) You win if you pick two horses that finish first and second, in either order, in any single race. To bet you say "$2 quiniela, numbers 5 and 6". If the results of the first two horses are either 5-6 or 6-5, you win.

Quiniela Box: Pick three or more horses. You win if any two of your selections finish first and second. To bet you say "$2 quiniela box on 4, 5 and 6". You are making three separate bets so your minimum bet is $6. If they finish 4-5, 4-6, 6-4, 6-5, 5-4 or 5-6 you win. You can box as few as three or as many as the field.

Quiniela Double: Quiniela Double is a combination bet of two winning quinielas in the last two races. Select two horses to win and place, in either order, in each of the last two races. You must win both quinielas to win your Quiniela Double.

Quiniela Wheel: You can also 'wheel' a favorite horse, so that it is combined with all the other horses. Based on the $2 value, the total cost of a wheel with say, 6 other horses is $12. For example; if you wheel #2 with 6 other horses in the same race and #2 comes in first or second, you win because you have all the 6 combinations covered.

Perfecta or Exacta: (Straight Forecast, UK) The Perfecta is similar to the Quiniela, except the two horses must finish in the exact order. To bet you say "$3 Perfecta, 5-6". Only if the horses finish 5-6 you win.

Perfecta Box: As with the quiniela box, except the two horses must finish in the exact order. To bet you say "$2 perfecta box on 4,5 and 6". You are making six separate bets so your minimum bet is $12. If they finish 4-5, 4-6, 6-4, 6-5, 5-4 or 5-6 you win. With Perfecta Box, for each extra horse you add to the box the possible combinations get compunded and your number of bets increases accordingly. A "$2 perfecta box on 4 horses" will cost you $24 (12 bets), a "$2 perfecta box on 5 horses" $40 (20 bets), and a "$2 perfecta box on 6 horses " $60 (30 bets).

Straight Trifecta: (Tricast or Treble Forecast, UK) Pick the first three horses to cross the finish line in exact order. To bet you say "$2 trifecta numbers 7,4 and 5". Only if they finish 7-4-5 you win.

$1 Trifecta Box: Pick three horses to finish first, second and third, in any order. To bet you say "$1 trifecta box 2,3 and 5". You are actually making six $1 bets, so your total bet is $6. If they finish 2-3-5, 2-5-3, 3-2-5, 3-5-2, 5-2-3 or 5-3-2; you win.

$1 Trifecta Key: Pick your favorite horse to win, then two or more others to place and show in any order. To bet you say "$1 trifecta key on 1 with 2 and 3". You are actually making two $1 bets so your total bet is $2. To win your Key horse must win and the other two must finish either 1-2-3 or 1-3-2.

Superfecta: The straight superfecta is played by picking the first four horses to finish in exact order. To bet you say "$2 straight superfecta 1-3-2-8". You would collect if the race finishes exactly 1-3-2-8.

[Brian]

I'm not reading that.

[Derick]

the odds followed by the payoff based on a $2.00 risk (bet). Please note that in horse betting, winning pay-outs include both the amount that you risked as well as the profits from the wager.

Odds - Payoff
1-9 $2.20
1-5 $2.40
2-5 $2.80
1-2 $3.00
3-5 $3.20
4-5 $3.60
1-1 (aka: even money) $4.00
6-5 $4.40
7-5 $4.80
3-2 $5.00
8-5 $5.20
9-5 $5.60
2-1 $6.00
5-2 $7.00
3-1 $8.00
7-2 $9.00
4-1 $10.00
9-2 $11.00
5-1 $12.00
6-1 $14.00
7-1 $16.00
8-1 $18.00
9-1 $20.00
10-1 $22.00

Hopefully you can see how this progresses. From 11-1 and up, it could be said that you can figure out the odds by multiplying the odds (x2) and adding $2.00 to the bet to come out with the payout.

[michaelangelo]

i read up until quiniela box then got bored

[Chip]

I'm not reading that.

Uhhh, words, words, words...
Yeah, nothing interesting there.

[Beckster]

I went to a horse track once. Made some bets.
Picked horses based on their names. There's this whole confusing way to bet, trifectas and stuff.
I didn't really get it.

It's really not complicated... If you to bet a horse to come in first, you bet them to win. If you want to see them come in 1st or 2nd, then bet them to show. Place means that they have to come in 1st, 2nd or 3rd for you to win. Exactas are where you pick the first two horses to finish the race. If you box it, then it doesn't matter which order your 2 horses finish. The more difficult the bet, the more money you stand to gain. For odds, you are going to math class. 2-1 odds usually fall on the favorite. I usually aim for 5 or 8 -1 odds with veteran horses and 10 or 15 -1 odds with younger horses.

[Derick]

I'm not reading that.

you only need to read that if your interested in betting on horses, or may do so at some time in your life

[LeNeve]

Thats alot of ways to bet.

[Beckster]

Thats alot of ways to bet.

Yup... Just never bet on the favorite to win. Get a medium shot to long shot to score a decent payout. Now, I need to find out who's running on Friday and Saturday (there's like 22 races or so those 2 days and most of them will be televised!!) and get on Bodog to drop a few bets.

Anyone who wants to place a good bet the 2 big races are the Kentucky oaks on Friday and then the Kentucky Derby on Saturday. A lot of people try to pick the winners from both those races and place big bets on it.

[Chip]

I went to a horse track once. Made some bets.
Picked horses based on their names. There's this whole confusing way to bet, trifectas and stuff.
I didn't really get it.

It's really not complicated... If you to bet a horse to come in first, you bet them to win. If you want to see them come in 1st or 2nd, then bet them to show. Place means that they have to come in 1st, 2nd or 3rd for you to win. Exactas are where you pick the first two horses to finish the race. If you box it, then it doesn't matter which order your 2 horses finish. The more difficult the bet, the more money you stand to gain. For odds, you are going to math class. 2-1 odds usually fall on the favorite. I usually aim for 5 or 8 -1 odds with veteran horses and 10 or 15 -1 odds with younger horses.

I had people telling me what to bet, there were so many ways to bet, and then the way I was betting there was a few ways to win. Too much to figure out in just one trip.

Do you have any tracks up your way?

[LeNeve]

My grandfather bred pedigree racehorses. They were all mean. Not good for casual riding. One of them kicked me in the knee one time. He had one that held a world record in 1953 I think.

[Brian]

I'm not reading that.

you only need to read that if your interested in betting on horses, or may do so at some time in your life

The only way I'd be interested in horse racing is if these are the jockies:

[NussieT]

I'm not reading that.

I didn't read it... i read the first sentence then my ADD kicked in.

[Chip]

I'm not reading that.

you only need to read that if your interested in betting on horses, or may do so at some time in your life

The only way I'd be interested in horse racing is if these are the jockies:

And I'll volunteer to be a horse...