How To Wager

New Rules for Rainbow Pick 6

Minimum Wager Takeout Rates for 2011

 

PICK THE TRACK TO WAGER ON
CHOOSE A RACE AND BET AMOUNT
DECIDE WHAT TYPE OF WAGER TO BET ON
SELECT YOUR HORSE(S)

STRAIGHT BETS:
WIN – You collect if your horse finishes first.
PLACE – You collect if your horse finishes first or second.
SHOW – You collect if your horse finishes first, second or third.

EXOTICS BETS:
DAILY DOUBLE – To collect you must choose the winners of two races before the first race starts. If you bet "4-1" daily double, No.4 must win the first race and No.1 must win the second.
QUINELLA – You choose two horses in a race. To collect, one horse must finish first and the other, second.
EXACTA – To collect you must choose the first and second horses in a race in their exact order of finish. If you bet "4-1" exacta, No.4 must finish first and No.1 must finish second.
TRIFECTA – To collect you must choose the first, second and third place finishers in a race in their exact order.
SUPERFECTA – To collect you must choose the first, second, third and fourth place finishers in a race in their exact order.
TWIN-TRIFECTA – To be eligible, you must choose the first three finishers of a race in their exact order in the first leg to be allowed to wager on the second leg where you must also pick the first three finishers in their exact order.
PICK 3 – To collect you must choose the winners of three consecutive races before the first race begins.
PICK 6 – To collect you must choose the winners of six consecutive races before the first race begins.

ODDS. SIMPLIFIED:
Below you'll find the payoffs on a $2 win ticket. Here's how you can figure out your payoff:
Lets look at the first odds on the chart (1-10). Multiply your bet amount ($2) by the first number in the odds (1). Then divide that number by the second number in the odds (10) and then add your bet amount to the total to get your payoff ($2X1=2, 2/10=.20, .20+$2=$2.20)

PAYOFF ON A $2 TICKET
1-10 $2.20 7-5 $4.80 4-1 $10.00 12-1 $26.00
1-5 $2.40 3-2 $5.00 9-2 $11.00 15-1 $32.00
2-5 $2.80 8-5 $5.20 5-1 $12.00 20-1 $42.00
1-2 $3.00 9-5 $5.60 6-1 $14.00 50-1 $102.00
3-5 $3.20 2-1 $6.00 7-1 $16.00 60-1 $122.00
4-5 $3.60 5-2 $7.00 8-1 $18.00 99-1 $200.00
1-1 $4.00 3-1 $8.00 9-1 $20.00    
6-5 $4.40 7-2 $9.00 10-1 $22.00    

HOW TO COLLECT ON TRACK
Once the race is declared official, take your winning wager to any mutual window. At that point you can decide to collect the full amount of your winnings or wager back all or part of it on upcoming races. If you are unsure of whether you've won, bring your ticket to any window to have it checked.

Avoid cashing your ticket 5 minutes before any race as many people wait until the last few minutes before a race to place their wagers, and cashing your winnings will slow the process.