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Header image. Simulcasting Information Page Playing the Horses

PLAYING THE HORSES

 

Canterbury College

This winter, we will be offering a free 5-week course for beginner and intermediate handicappers.  For more information and registration, visit here.

 

PARI-MUTUEL WAGERING

Pari-mutuel wagering means betting against each other. Unlike a casino, where players bet against the house, Canterbury Park acts as the broker for the transaction. Canterbury Park takes out a small percentage of money bet for the state, the horsemen and the track itself. Approximately 80% of the money bet at Canterbury Park on other races is returned to players with winning tickets. The number of winning tickets determines the size of the payout.

 

HOW TO PLACE YOUR BET

1. Name of the Racetrack
2. Race Number
3. Dollar Amount
4. Type of Bet
5. Horse Number
Example: “At Canterbury Park, race 4, $2 to win, on horse 5.”

 

TYPES OF BETS

Win: if your horse finishes 1st you win.
Place: if your horse finishes 1st or 2nd you win.
Show: if your horse finishes 1st, 2nd, or 3rd you win.
Exacta: if you select the 1st & 2nd place horses, in the exact order they finish you win.
Trifecta: if you select the 1st, 2nd & 3rd place horses, in the exact order they finish you win.
Superfecta: if you select the 1st, 2nd, 3rd & 4th place horses, in the exact order they finish you win.
Daily Double: if you pick the winners of two consecutive races you win.
Pick 3: if you select the winners of three consecutive designated races you win.
Pick 4: if you select winners of four consecutive designated races you win.
Pick 6: if you select winners of six consecutive designated races you win.

 

 

ODDS & PAYOFFS 

 

WIN ODDS

WIN PLAYOFFS

WIN ODDS

WIN PLAYOFFS

       

 1-9

 $2.20

 3

 $8.00

 1-5

 $2.40

 7-2

 $9.00

 2-5

 $2.80

 4

 $10.00

 1-2

 $3.00

 9-2

 $11.00

 3-5

 $3.20

 5

 $12.00

 4-5

 $3.60

 6

 $14.00

 1

 $4.00

 7

 $16.00

 6-5

 $4.40

 8

 $18.00

 7-5

 $4.80

 9

 $20.00

 3-2

 $5.00

 10

 $22.00

 8-5

 $5.20

 15

 $32.00

 9-5

 $5.60

 20

 $42.00

 2

 $6.00

 30

 $62.00

 5-2

 $7.00

 50

 $102.00

*Based on a $2.00 win bet.

 

 

 

WAGERING GUIDE

 

TYPE OF WAGER

MIN WAGER AMOUNT

EASE OF WINNING

AVG. PAYOFF

DESCRIPTION

   Show

    $2

  Easiest

 $2- $4

Horse finishes 1st, 2nd, or 3rd, you win

    Place 

    $2

  Easy 

 $3-$8

Horse finishes 1st or 2nd, you win.

    Win 

    $2

  Varies 

 $4-$40 

Horse finishes 1st, you win. 

    Daily Doubles 

    $1 

  Varies 

 $10-$100 

Pick the winners of two consecutive
races, you win. 

    Exacta 

    $1 

  Varies 

 $15-$150 

Select the 1st & 2nd place horses, in
the exact order they finish, you win.

    Trifecta

    $.50 

  Hard

 $50-$1,000 

Select the 1st, 2nd, & 3rd place horses, in the exact order they finish, you win.

    Superfecta

   $0.10

  Harder

 $20-$5,000 

Select the 1st, 2nd, 3rd & 4th place horses, in the exact order they finish, you win.

    Turf Top Five    $0.50   Harder  $20-$5,000 

Select the 1st, 2nd, 3rd, 4th and 5th place horses, in the exact order they finish, you win.

    Pick Three

   $0.50

  Harder

 $50-$1,000 

Select the winners of three consecutive designated races, you win.

    Pick Four

  $0.50

  Harder

 $50-$5,000 

Select the winners of four consecutive designated races, you win.