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There are two ways to make bets on horses; the QuikPik bet and traditional bet. In our QuikPik system, there are two bets that are designed for an individual who either has never bet on horses or is hesitant to make the necessary selection of bets themselves. It is like the lottery system where you can select the numbers yourself or choose Quikpik where machine picks the number for you.
When you use this bet, our system will make a bet on your behalf using the following criteria:
Track: The next track that is running on our system
Race Number: The next race being run on the selected track
Type of Race: WIN
Horse: For QuikPik - Best odds at the time of the bet
For Roulette - Long Shot - worst odds at the time of the bet
Please note:
The QuikPik is designed to give you the best odds of winning but if you win, the amount of winnings will be small. The Roulette is designed to test your luck by betting on the least favoured horse in the race. If the horse wins, your winnings will be substantial compared to QuickPik.
The traditional betting system requires considerable knowledge of the racing tracks, horses, jockeys, breed, past records, track conditions, odds on any given time, type of bets and much more. The best way to learn the system is to sign up for our Non-Wagering Account. This account allows you to bet on real events without playing with real money. As you play using our Non-Wagering Account, you will acquire the necessary knowledge and skills. You eventually will join millions of people worldwide who enjoy the sport of horse racing while betting responsibly on their favourite horses. These are the steps in making a traditional bet:
- Pick a Track: On our website there are a large numbers of tracks that allow us to participate in their betting pool. Some of the tracks race in the morning and others race in the evening. All tracks are granted certain days on which they can hold the races. These days are spread over the racing season which varies from region to region. No track runs races every day of the week, month or year. You shall select one track to start your bet.
- Pick the Race:Each track runs a fixed number of races on each racing day. The race may be cancelled at last minute due to conditions at the track. Each race has a fixed number of horses participating in the race. A horse can be scratched at the last minute due to various circumstances and if so, the track will announce which horse is scratched. A horse can only participate in one race per day. After you select the track, you need to select which race number.
- Type of Bet: There are many types of bets offered at the North American tracks. The most common types includes the following:
- Win
Your horse must finish first to collect.
- Place
Your horse must finish first or second to collect.
- Show
Your horse must finish first, second or third to collect.
- Exacta
You play two horses. They must come in first and second in EXACT order to collect.
- Exacta Box
You play two horses. They must come in first and second in EITHER order to collect.
- Trifecta
You play three horses. They must come in first, second, and third in EXACT order to collect.
- Trifecta Key
You play three horses. You chose one horse to win, called the key horse, who must come in first followed by the other two horses second and third in any order to collect. You may play more than two horses in second and third, which means any two of those horses can finish in those positions and you will win.
- Trifecta Box
You play three horses. They must finish first, second, and third in any order to collect.
- Superfecta
You play four horses. They must come in first, second, third, and fourth in EXACT order.
- Superfecta Box
You play four horses. They must finish first, second, third, and fourth in ANY order.
- Superfecta Key
You play four horses. You chose one horse to win, called the key horse, who must come in first followed by the other three horses second, third, and fourth in any order to collect. You may play more than three horses in second, third, and fourth, which means any three of those horses can finish in those positions and you will win. You play four horses. They must finish first, second, third, and fourth in ANY order.
- Once you have selected the track, the race number, you select the type of bet.
- Amount of Bet:Most of the tracks accept a minimum of $2 wager on bets such as Win, Place and Show. The other wagers, the minimum amount is reduced to $1.00. Here is the final cost of various wagers using $1.00 as a starting wager.
Exacta Box
2 horse box - $2
3 horse box - $6
4 horse box - $12
5 horse box - $20
6 horse box - $30
7 horse box - $42
8 horse box - $56
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Trifecta Box
3 horse box - $6
4 horse box - $24
5 horse box - $60
6 horse box - $120
7 horse box - $210
8 horse box - $336
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Superfecta Box
4 horse box - $24
5 horse box - $120
6 horse box - $360
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Superfecta Key
1 horse over 3 others - $6
1 horse over 4 others - $24
1 horse over 5 others - $60
1 horse over 6 others - $120
1 horse over 7 others - $210
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- After selecting the Wager Type, you need to select the amount of money that you want to bet.
- The Horse:The final selection is the horse. The horses are given numbers starting with 1 and goes upward depending upon the number of horses in a race. An eight horse race will have horses numbered 1 to 8. Along with the numbers, horses are given names by their owners. The odds of winning for a horse in a races is generally the selecting criteria for a bet. The higher the odds of winning means lower payout. The higher odds mean that lot of bettors think that the selected horse will win and if that horse does win, the total money of all bets for Win has to be split between the large number of betters, thus lower payout. The opposite applies for a horse with lower chances of win. The table below shows the payouts for various odds.
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Win Odds and Payoffs for a $2.00 wager
| 1-9 | $2.10 | 6-5 |
$4.40 | 3-1 | $8.00 |
12-1 | $26.00 |
| 1-5 | $2.40 |
7-5 | $4.80 |
4-1 | $10.00 |
15-1 | $32.00 |
| 2-5 | $2.80 |
3-2 | $5.00 |
9-2 | $11.00 |
20-1 | $42.00 |
| 1-2 | $3.00 |
8-5 | $5.20 |
5-1 | $12.00 |
30-1 | $62.00 |
| 3-5 | $3.20 |
9-5 | $5.60 |
6-1 | $14.00 |
40-1 | $82.00 |
| 4-5 | $3.60 |
2-1 | $6.00 |
8-1 | $18.00 |
50-1 | $102.00 |
| 1-1 | $4.00 |
5-2 | $7.00 |
10-1 | $22.00 |
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- Final Step:Once you have made the selections listed above, you should click on the ‘Submit’ button. Your bet will be submitted to the race track. A Message will appear on your computer screen informing you that your bet has been successfully submitted and it will give you your ticket number. You should click the ‘Done Button’ and you will be taken to a page that shows your current bet and all other bets that you have placed during the day.
- Account Balance:Once your bet is successfully placed, your account will be debited for the total amount of your bet. If you have placed your bet on a winning horse, your account will be credited with your winnings in accordance with the declared payout by the track.
There are hundreds of website that provide more complicated tips to bet on horses and you should read it at your discretion.
Enjoy the Sport
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