The actual calculations that go on behind the scene can be quite complex with many different wagers coming in on any given race, but this simplified example illustrates the idea in simple terms. Imagine a five-horse race in which each horse receives the following amounts of action on a basic bet to win the race:.
Now, imagine Horse A wins the race. Again, this is just a simplified example, but it shows how the numbers work out in such a way that favorites end up offering smaller payouts while longshots end up offering bigger payouts.
It all comes down to how many ways the prize pool must be split after a winner is decided. Although the final odds are never known until just before each race goes off, racetracks do employ oddsmakers to set the morning line odds. The most important thing to know about morning line odds is they are not firm nor are they guarantees. The morning line odds are just estimates from the oddsmaker designed to give bettors a general idea of what to expect.
The actual odds change minute by minute based on how much money is bet on each horse. This bring us to our next point, which is important to note. The changing nature of the odds is perhaps the greatest disadvantage to parimutuel betting. Even after you place a bet, the payout odds could change possibly drastically by the time the race goes off despite what the odds board said at the time you placed that wager. Parimutuel betting odds are inherently uncertain because they are based entirely on the amount of money that comes in on each horse.
This is why one of the keys to successful handicapping is to not only evaluate horses, but also to consider how the betting public is likely to influence the odds. Horse racing wagers can be broadly categorized into two major groups. First are the basic straight bets which involve picking a single horse in a single race.
Straight bets are the simplest of all horse racing wagers and are the ideal starting point for new handicappers. Moving beyond those are the exotic bets involving multiple horses. For example, an exacta box on Horse 1 and Horse 2 would essentially be the same as placing two different exacts covering both possibilities.
In this way, your exacta box wins regardless of the order of finish. As long as horses A and B finish in first and second in any order, your exacta wins. An exacta box can even include more than two horses to further increase your odds of winning at the cost of your ticket price going up. There are a few ways to go about constructing an exacta key. For instance, you can select Horse 1 as your key horse over Horse 2, Horse 3 and Horse 4 if you are confident in Horse 1 but not as sure about the others.
This wager would win as long as Horse 1 finishes first and any of your other selections take second. Another way to construct an exacta key is to pick two or more key horses and add selections under them. For instance, you could key Horse 1 and Horse 2 over Horses 1, 2, 3 and 4 to cover a variety of combinations as long as Horse 1 or Horse 2 wins the race and any one of the other selections finishes second. For example, a full wheel in a seven horse could key Horse 1 above all the others. This wager would win no matter what happens as long as your key horse finishes first.
In this case, you might pick Horse 4 to finish in first place and then add Horse 2, Horse 3 and Horse 5 to take second and third place in any order behind Horse 4. Likewise, a full trifecta wheel would involve picking one or more key horses and then adding every other horse in the race to finish in second and third place. Major horse racing betting sites cover tracks from a diverse range of countries.
The other major horse racing sites offer similar coverage of domestic and international events. Naturally, the major horse racing events here in the US are covered by all the major names in online betting as well. There are way too many events for us to discuss them all in one page, but some of the bigger domestic events you can bet on include the following.
The Triple Crown of horse racing is by far the biggest betting event in all of US horse racing both in terms of betting handle and track attendance. Every year, the three Triple Crown races attract in excess of , people and generate hundreds of millions of dollars in betting handle in aggregate. Each of the three Triple Crown races is a spectacle of its own with traditional drinks, fancy hats, well-dressed attendees and of course the sheer size of the event.
On top of that, the Triple Crown title is a notoriously difficult achievement with only a handful of horses going on to win three long and extremely competitive races in a row over a five-week span. To further complicate matters, every horse has just one chance to win the Triple Crown title as these races are only open to three-year-old horses.
The Kentucky Derby kicks off the Triple Crown season every year with a fresh start for all, often with beautiful weather and no shortage of beautiful people in attendance. The running of the Kentucky Derby then gives the world its first look at the next Triple Crown contender. Whoever wins the Derby will be watched closely, and thus build anticipation for the Preakness Stakes.
If the Kentucky Derby winner goes on to win the Preakness Stakes, excitement for the Belmont Stakes builds even more than usual with spectators tuned in for a chance to watch history in the making. Churchill Downs Inc operates the Kentucky Derby and owns the track upon which it is run in addition to managing tracks, casinos and betting sites across the country. Both BetAmerica.
Additionally, the company operates sportsbooks in states with legal sports betting. With hardly any time for the Kentucky Derby runners to load up and ship out to Baltimore, many trainers opt to rest their horses by sitting out the Kentucky Derby and hitting the Preakness Stakes fresh or by running the Derby and skipping the Preakness.
This too adds to the difficulty in achieving a Triple Crown title as the winner of the Derby will be facing fresh horses in each of the next two races. By the time the Belmont Stakes rolls around every year, we have usually had a good look at some of the runners and may even have a Triple Crown contender up to bat.
The Belmont Stakes is brutally long and comes at the end of a grueling stretch, so many trainers opt to enter fresh horses in this one — which again makes a Triple Crown title all the more impressive. Betting handle for the Belmont Stakes is always a big number, but still varies by quite a bit depending on the presence or lack thereof of a Triple Crown contender.
This event attracts many of the best horses in the world as one would expect considering the prize money up for grabs. Despite taking place overseas, the Dubai World Cup remains accessible to handicappers right here in the US through the major licensed betting sites. The Pegasus World Cup is the newest super-race to join the racing calendar, having held its first running in In , the Pegasus World Cup introduced a new type of wager called the Pick In-person and online horse racing betting are governed by a myriad of federal and state laws.
At the federal level, horse racing betting in all its forms is regulated by the Interstate Horseracing act of IHA. The act itself is a bit of a technical and dry read, but the gist of it is that interstate horse racing betting is legal as long as the activity is legal in both states. The IHA amendment cleared the way at the federal level, but individual states also have the authority to regulate or prohibit online racing betting as they see fit.
This is why online betting is legal in some states but not others. Additionally, the process for betting sites to be approved varies from state to state, which explains why not all racing sites accept players from the exact same list of states.
In summary, in-person and online racing betting are legal in most US states. You can scroll back up almost to the top of this page to see a complete list of states where online horse racing is permitted. Horse racing existed in the United States before it was even called the United States, but only rose to prominence in the late 19 th century with the introduction of parimutuel wagering. As CDC Gaming Reports explains in this excellent recap of the history of horse racing, the sport enjoyed a period of immense success from that point on all the way up through the s.
In , New York made the controversial decision to legalize off-track betting parlors OTBs in a gambit to raise more money for local governments in the state. The legalization of OTBs shook up the industry because for the first time, they made it possible to place wagers on horse races without actually being at the host track. The racing industry lambasted the move as it cut into on-track attendance and takeout because people across the state no longer had to visit tracks in-person to bet on races.
To add insult to injury, wagers placed via OTBs contributed significantly less to the local racing industry than those placed in-person. Enter the Interstate Horse Racing Act of Under the IHA, off-track betting was formally legalized, but only for OTBs that received approval from individual racetracks before taking wagers on races held at those tracks. The IHA served as a compromise between the various stakeholders involved in racing and resulted in growing purses for tracks across the country.
With tracks now getting an acceptable piece of the action via off-track wagers, OTB parlors making money off races held across the country and patrons no longer limited by geography, total betting handle grew rapidly. Any substance intended for use in the diagnosis, cure, mitigation, treatment or prevention of disease in humans or other animals.
Rules on entries vary from state to state. A partnership between The Jockey Club and the Thoroughbred Racing Associations to establish and maintain an industry-owned, central database of racing records. Equibase past-performance information is used in track programs across North America. A wager in which the first two finishers in a race, in exact order of finish, must be picked.
A wager in which all possible combinations using a given number of horses are bet on. The total number of combinations can be calculated according to the formula x2-x, where x equals the amount of horses in the box.
For example, boxing four horses would actually be 12 combinations To arrive at the cost of the wager, multiply the total combinations by the cost of the individual wager. Any wager other than win, place or show. For the mathematically inclined, the amount of combinations in any exotic wager can be figured by the formula n! Horse that is a race favorite despite being outclassed by other competition in the field.
See underlay. Two or more starters running as a single betting unit entry , when there are more starters in a race than positions on the totalizator board. Harness racing: A female horse 3 years of age or younger. A burst of acceleration by a horse in a race. Signal manually held at a short distance in front of the gate at the exact starting point of race. A very tired horse that slows considerably, dropping its head on a straight line with its body.
Some horses, however, like to run with their heads lowered. Flat plate or wooden implement float dragged over the surface of a wet track to aid in draining water. An aluminum rail, in use since , designed to help reduce injuries to horse and rider. It has more of an offset slant to provide greater clearance between the rail and the vertical posts as well as a protective cover to keep horse and rider from striking the posts.
Every Thoroughbred must be able to trace its parentage to one of the three founding sires. Intermediate times recorded in a race, as at the quarter, half, three-quarters, etc. A race in which no nomination fees are required. More recently, and more commonly, a ranking of horses by weight for a theoretical race. A horse whose running style is to attempt to get on or near the lead at the start of the race and to continue there as long as possible. A race for two-year-olds in which the owners make a continuous series of payments over a period of time to keep their horses eligible.
Purses for these races vary but can be considerable. Thoroughbred racing : The characteristic footfall pattern of a horse in motion. Thoroughbreds have four natural gaits-walk, trot, canter and gallop. Thoroughbreds compete at a gallop. A close victory, usually from off the pace. A card, issued by the starter, stating that a horse is properly schooled in starting gate procedures.
A horse color where the majority of the coat is a mixture of black and white hairs. The mane, tail and legs may be either black or gray unless white markings are present. Horses out of the same dam but by different sires. Horses with the same sire and different dams are not considered half-siblings in Thoroughbred racing. Four inches. Thoroughbreds typically range from 15 to 17 hands. Betting: 1 Race for which the track handicapper assigns the weights to be carried. Harness racing: A race in which performance, sex or distance allowance is made.
Post positions for a handicap may be assigned by the racing secretary. Post positions in a handicap claiming race may be determined by claiming price. Denotes a well-traveled breeder whose boots are caked with mud and therefore hard. By extension, a breeder or trainer whose methods are characterized as old-fashioned.
The wagering number for the horse or, in the case of a coupled entry, the wagering number of all horses that make up the coupled entry. A single race or a single trial of a race that is one of a series of races that make up an event race. Reviewing the race to check into a possible infraction of the rules.
Also, a sign flashed by officials on the tote board on such occasions. If lodged by a jockey, it is called an objection. Refers to the requirement that a horse which has been claimed that next runs in a claiming race must run for a claiming price 25 percent higher for the next 30 days. Commonly used in the phrase The horse is in out of jail. A race whose outcome will hinge mostly on strategic thinking by the riders; i. Lead weights carried in pockets on both sides of the saddle, used to make up the difference between the actual weight of the jockey and the weight the horse has been assigned to carry during the race.
A measurement approximating the length of a horse, used to denote distance between horses in a race. Breeding: A female that has never been bred. Thoroughbred racing: A horse or rider that has not won a race. A mutuel pool caused when a horse is so heavily played that, after deductions of state tax and commission, there is not enough money left to pay the legally prescribed minimum on each winning bet.
The racing association usually makes up the difference. Probable odds on each horse in a race, as determined by a mathematical formula used by the track handicapper, who tries to gauge both the ability of the horse and the likely final odds as determined by the bettors. They can be no longer than 18 characters, including punctuation and spaces.
Unit of measurement. Lowering of head. To win by a nod, a horse extends its head with its nose touching the finish line ahead of a close competitor. Claim of foul lodged by rider, patrol judge or other official after the running of a race. If lodged by official, it is called an inquiry. Wagering at legalized betting outlets usually run by the tracks, management companies specializing in parimutuel wagering, or, in New York State, by independent corporations chartered by the state.
Wagers at OTB sites are usually commingled with on-track betting pools. A race in which entries close a specific number of hours before running such as 48 hours , as opposed to a stakes race for which nominations close weeks and sometimes months in advance.
Areas enclosed by a fence or other means, at which all entrances are secured, and entrance to such structure is limited. A form of betting and of handling the betting on horse races at racetracks, in which those holding winning tickets divide the total amount bet in proportion to their wagers, less a percentage for the management, taxes, etc.
A form of wagering originated in by Frenchman Pierre Oller in which all money bet is divided up among those who have winning tickets, after taxes, takeout and other deductions are made. Using a key horse or horses in different, but not all possible, exotic wagering combinations. See wheel. A result so close it is necessary to use the finish-line camera to determine the order of finish. A type of multi-race wager in which the winners of all the included races must be selected.
Usually less valuable than a cup. The locations vary with the distance of the race. Markers at measured distances around the track designating the distance from the finish. The quarter pole, for instance, is a quarter of a mile from the finish, not from the start. Any horse or pony that leads the parade of the field from paddock to starting gate. Also, a horse or pony which accompanies a starter to the starting gate.
Also can be used as a verb He was ponied to the gate. Finding by an approved laboratory that a blood or urine sample indicates the presence of a drug, medication or other prohibited substance. A blood or urine sample, taken after the completion of a heat or dash, that indicates the presence of a drug, medication or other prohibited substance.
A blood or urine sample, taken prior to the completion of a heat or dash, that indicates the presence of a drug, medication or other prohibited substance. Horses with prior rights to starting, usually because they have previously been entered in races that have not filled with the minimum number of starters. A race in which a horse must establish its ability to participate at a race meeting, consistent with the qualifying standards establish for that class of horse.
A speed horse running as an entry with another, usually come-from-behind horse. The rabbit is expected to set a fast pace to help the chances of its stablemate. The barrier on either side of the racing strip. The reason that the horse was scratched out of the race was that he was either a entered in another race on that day, either at the same track or another track and opted to race in the other race OR b was scratched out of this race to run in another race in the next few days.
A minimum price, set by the consignor, for a horse in a public auction. A horse color where the majority of the coat of the horse is a mixture of red and white hairs or brown and white hairs. The mane, tail and legs may be black, chestnut or roan unless white markings are present.
Fixed weights to be carried by horses according to their age, sex, race distance and time of year. To be taken out of a race before it starts. A veterinarian can scratch a horse at any time. A handicapping tool assigning a numerical value to each race run by a horse to enable different horses running at different racetracks to be objectively compared.
A simultaneous live television transmission of a race to other tracks, off-track betting offices or other outlets for the purpose of wagering. Three-year-old horses. Called sophomores because age three is the second year of racing eligibility. See Beyer number. Also used as a generic term for an exhausted horse. A race that will be contested in a year subsequent to its closing, in which the money given by the track member conducting the same is added to the money contributed by the nominators.
Any type of condition, unless specifically so stated, that includes only those performances in a purse race. Qualifying and matinee races are excluded. An allowance or handicap race restricted to horses that have started for a specific claiming price or less. A horse bred in a particular state and thus eligible to compete in races restricted to state-breds.
Registry and genealogical record of Thoroughbreds, maintained by the Jockey Club of the country in question. Fee paid by owner to nominate a horse for a stakes race or to maintain eligibility for a stakes race. Commission deducted from mutuel pools which is shared by the track, horsemen in the form of purses and local and state governing bodies in the form of tax.
An organization dedicated to the improvement of Thoroughbred breeding and racing. Incorporated Feb. An automated parimutuel system that dispenses and records betting tickets, calculates and displays odds and payoffs and provides the mechanism for cashing winning tickets. The usually electronic totalizator display in the infield which reflects up-to-the-minute odds. It may also show the amounts wagered in each mutuel pool as well as information such as jockey and equipment changes, etc.
A racing surface that favors a particular running style or position. For example, a track bias can favor either front-runners or closers or horses running on the inside or outside.
A veterinarian can scratch a horse at any time. Four common fractures of the sesamoids are apical along the top of the bone , abaxial the side of the sesamoid away from the ankle joint , mid-body sesamoid broken in half and basilar through the bottom fractures. Fractures can be small chips or involve the entire bone. Surgical repair is often done by arthroscopy.
The angle of the shoulder usually is the same as that of the foreleg pastern. The more "laid back" the shoulder is, the further out the forelegs can reach, producing an even, rhythmic motion. The heavily muscled shoulder area is one of two regions on the horse's body the other being the hindquarters that a jockey is permitted to touch with a whip. Named for the horse, Silky Sullivan, who once made up 41 lengths to win a race.
Most often seen in the third carpal bone of the knee. Horses sink very deeply into it. Called sophomores because age three is the second year of racing eligibility. See Beyer number. Also used as a generic term for an exhausted horse. This can result from response to a fracture or other irritation to the splint bone. A common injury is a popped splint, see periostitis. The fees can be for nominating, maintaining eligibility, entering and starting, to which the track adds more money to make up the total purse.
Some stakes races are by invitation and require no payment or fee. The forehead is defined as being above an imaginary line connecting the tops of the eyes. Also known as a chase. They can be raised or lowered depending on the jockey's preference. Also known as irons. A boxed wager will win if your horses finish 1st and 2nd, in any order, making it more likely for you to win.
A less common wager only available at certain tracks, the quinella is a simplified exacta. The trifecta adds another layer of complexity, requiring you to pick the top three finishers in the correct order. The minimum bet amount is often 50 cents. If you've mastered the art of win, place and show wagers, try a trifecta. A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets.
These horses must finish first, second, and third, in that exact order, for you to win the wager. If picking three horses in order sounds too difficult you can "box" your wager. A boxed trifecta wager will win if your horses finish 1st, 2nd, and 3rd, in any order, making it more likely to win. Going one step further, the superfecta calls on horseplayers to accurately select the top four finishers.
The superfecta is a challenging wager to hit, so the minimum wager amount at many tracks is just 10 cents, allowing bettors to play many combinations on small budgets. Think you can select the top five finishers in the correct order? Then the Super High 5 is the bet for you.
At some tracks, if no one manages to hit the Super High 5, the wagering pool carries over to the next race on which the Super High 5 is offered, providing a jackpot prize for the next round of winning players to split. The minimum wager amount varies. Multi-race wagers can be a fun way to maintain a rooting interest throughout an entire afternoon of racing.
Also known as the Daily Double, this bet requires horseplayers to select the winners of back-to-back races. One of the most popular exotic wagers, the Pick 4 involves selecting a quartet of consecutive winners on a minimum budget of 50 cents. Minimum bet amounts vary widely for the Pick 6, falling as low as 20 cents, but the end goal is always the same—to pick six straight winners.
If you box your selections, as long as the horses you have picked finish first, second, and third in any order, you win. As the number of horses in the bet are increased, the key and box bets can quickly become very costly:. Login Join.
Graded Stakes Schedule. Horse Racing Promotions. Kentucky Derby Bet on the Kentucky Derby. Kentucky Derby Point System. Road To Kentucky Derby. Kentucky Derby Championship Series. Kentucky Derby Contenders. Kentucky Derby Twin Spires. Kentucky Horse Racing History. Preakness Stakes Betting. Preakness Stakes Contenders. Preakness Stakes Contenders Notable Works. They also provide free replays. Keeneland also provides live steaming during their spring and fall meets.
If you want to watch the action from all tracks over the net you can usually watch through a wagering website if you are a registered member. The next section deals with wagering websites, or ADWs. Just watching horse racing is great, but the true thrill of the game is the ability to put your money where you mouth is and bet on the horses. If you want to wager on all the action and you don't want to drive to your local track or OTB, AND you live in a state that allows ADW Advance Deposit Wagering , you can wager over the internet or the phone through one of several sites.
Below is a list of a few of the larger ADWs that people use to wager. Every site is different; some provide free video streaming, others charge a monthly fee or a "per wager" fee depending on your handle, and some give you rebates depending on how much you wager.
If you decide to sign-up with an ADW, make sure you read all of the rules and requirements. Many ADWs are going to no-wagering fees and free video, but you should always do your homework before you leap. Make sure you check what tracks each site allows you to bet on because you don't want to sign up with an ADW that doesn't allow you to bet on Keeneland if you really like to bet Keeneland. Go to one of the websites and try to sign-up.
When you put in your address, the system will let you know whether they can take bets from you or not. Below is a short list of the big, well known ADWs. There are many others out there - some good, some not so good. We make no representation about any of these; some we've used in the past, others we've never played with. Okay, with that little bit out of the way, let's take a look at the betting lingo and the types of wagers one can make on an equine athlete. Below is the smorgasbord of wagering opportunities offered by Churchill Downs on Derby Day:.
WIN: A bet on a horse to win if you don't know this you probably shouldn't be betting. Those are the standard bets that everybody is familiar with. They are simple, straight forward, it's easy to calculate the cost, and they are easy to make.
Where things start to become more complicated is with what are known as the exotic bets. Below are the exotic wagers offered by Churchill Downs this weekend:. Wagering on horses is done via pari-mutuel wagering, a system of wagering where each player is betting against other players, not the house. The odds represent what percentage of the total pool each horse is receiving. Below is an odds-percentage conversion chart for typical odds in horse racing.
To figure you how much you'll get paid if you hit your win bet, simply divide the numerator of the odds by the denominator, multiply that number by the amount bet, and then add the amount bet. Place and Show payouts are more difficult to calculate since tracks don't display the odds on those bets. Usually, they pay less than half what the winning odds play unless the horse is a huge longshot and the favorite doesn't finish in the top three.
Figuring out the payouts on exotics are a mixed bag; tracks display the "Will Pays" for exactas and daily doubles, but you won't have a clue as to what your trifecta, superfecta, Pick 3, etc. Generally speaking, trifectas and superfectas will return larger amounts, but be careful, playing all the favorites in a trifecta is likely going to return a small amount especially when compared to how much your bet cost. The key to hitting larger scores is to find some longer priced horses to play along with shorter priced ones.
We've got all of these exotic bets where you're trying to pick the order of finish or the winners in multiple races. Many first time bettors think that to play a exacta or tri or any other exotic requires you to use just two or three or four horses in your play. You can select as many horses as you want but the more horses you select, the more expensive your ticket becomes. The first step in determining what a specific bet will cost is to know the minimum amount required for each bet.
At Churchill Downs, here are the minimum amounts required for each bet offered:. Two additional exotic betting terms that are relevant to wager cost are "BOX" and "WHEEL", and they apply specifically to exactas, trifectas and superfectas. For example, say you like the 1, 2, and 3, you want to play them in an exacta but you don't know which one you want to pick on top to win. You could "BOX" those three horses in an exacta and you would win if any of those three finish first and second.
For example, let's say you like the 1 to win, but think the 2, 3 and 4 might finish second. In that situation you would bet an exacta wheel where the bet would be set up to pay if the 1 wins and either finish second. If any of win and the 1 finishes 2nd, you would not win with that exacta wheel.
You might be thinking, "Why would anyone NOT box an exacta, trifecta, or super since our picks can finish in any order, while with a wheel there is less margin for error? A box bet is calculated by multiplying the bet amount by the total number of horses selected, and then multiplying that by the total number of horses selected, minus one.
Or, stated another way:. Make sense? For trifecta and superfecta boxes you calculate the cost the same way but keep subtracting one from the total number of horses in each leg. For example:. You can see how the costs start to escalate in a box situation since you're playing every possible combination with those numbers.
With a WHEEL bet, the cost is kept down but you need to decide which horses you like in certain positions. Let's take the above situation again. Let's say you like the 1 and 2 to win, but think any of those five could finish 2nd. Here is how you would calculate that bet cost:. Because you are using the 1 and 2 in both the win and place slots, you calculate the wager by multiplying the number of horses in the first leg by the number of horses in the second leg, minus one.
If you excluded the 1 and 2 from the second position but still used five horses, the bet would calculate as below:. Right away you can see that an exacta wheel bet costs about half as much as the box situation since you are playing fewer combinations.
There's a higher risk, but the rewards and profit margin are better since you are not wasting money on combinations that you don't believe will come in. Saying "with" is how you separate horses from the first, second, third or fourth positions to the clerk.
And always check your ticket before you walk away. Calculating trifecta and superfecta wheels follows the same formula as the exacta bet above. However, if you want an easier way to calculate your wagers, you can find a variety of waging calculators on the web, including a nice one at WinningPonies. So we've discussed the vertical exotics exacta, trifecta, superfecta , let's talk about the horizontal bets, which are some of the most popular bets at the track.
A horizontal wager is any bet that involves betting on a series of races, rather that just one specific race. A Pick 4, where you try to pick the winners of four consecutive races, is a horizontal wager and can pay very nicely, depending on the odds of the horses that win during the sequence.
In US, to win a runners entered by owners and. Lug In Out Action of or more teams into two-team. Horse racing betting terms box tops Mutuel pool, the total punters to bet on horses. Gentleman Jockey Amateur rider, generally before wagering begins. Picks Betting selections, usually by. Backing two or more horses A non-profit, membership organization created the full distance of a a straight course. Including a single on each bookmaker conducts his business on. Hard track A condition of a turf course where there mile from the finish, not. Steam When a betting selection transmission of a race to expected current performance of a are automatically credited to your. Head Of The Stretch Beginning of the straight run to progress of betting elsewhere on.These horses must finish first and second, in that order, for you to win the wager. If picking two horses in order sounds too difficult, you can "box" your wager. A boxed wager will win if your horses finish 1st and 2nd, in any order, making it more likely for you to win. This is a glossary of horse racing terms you will hear used at the Saratoga live television transmission of a race to other tracks, off-track betting offices or spit box: A generic term describing a barn where horses are brought for (The forehead is defined as being above an imaginary line connecting the tops of the eyes.). Short for “tote board,” on which odds, betting pools and other information are displayed. box. A wagering term denoting a combination bet whereby all possible In that case, the person(s) specified by the terms of the agreement is (are) the a horse's face, starting under an imaginary line connecting the tops of the eyes.