| While you are at the Kentucky Derby you may | | | | pools are displayed. DEAD HEAT Two horses |
| want to try your luck at the betting windows. | | | | finish in exact tie. (Rare today because of |
| A bet on a race always makes the outcomes of | | | | new photo finish technology) |
| the race more interesting so why not try your | | | | |
| luck. There are several factors and variables | | | | MINUS POOL A mutual pool caused by heavy |
| when betting on a horse. These include | | | | betting on a particular horse. If after |
| bloodline, sire (father), dam (mother), not | | | | deductions for state tax and commission there |
| to mention the trainers, grooms and jockeys. | | | | is not enough money to pay the legally |
| These are well trained 3 year olds, but they | | | | prescribed minimum payouts the racing |
| are still animals so anything can happen. | | | | association usually makes up the difference |
| Below is a short basic glossary of horse | | | | so everyone gets paid. IN THE MONEY |
| wagering terms. Betting at the Derby is | | | | Finishing first, second or third. ODDS ON |
| pari-mutuel which essentially means betting | | | | Odds of less than even money example 5 to 4 |
| among ourselves, in other words if you play | | | | on is really 4-5 odds. ON THE NOSE Betting |
| roulette in a casino you are betting against | | | | to win only. POOL Total sum bet on a race |
| the house but in horseracing you are betting | | | | or a particular bet. TAKE Commission |
| in a pool of sorts with other bettors. Odds | | | | deducted from mutual pools, shared by track |
| are set by how much money is bet on | | | | and local and state taxes. |
| individual horses. | | | | |
| | | | WIN BET Betting on a horse to finish first. |
| HANDICAPPING Professional handicappers | | | | OTHER HELPFUL TERMS |
| evaluate horses using factors such as, a | | | | |
| horses' past performance, behavior before and | | | | FIRST TURN The first bend in the track past |
| during previous races, genetics (bloodline), | | | | the starting point. |
| the jockey riding the horse, and the trainer | | | | |
| and groom. TYPES OF WAGERS Across the board | | | | PADDOCK Area where horses are saddled before |
| wager. You are betting on the horse selected | | | | post time. This area is usually open to the |
| to win, place, or show. If you are lucky and | | | | public so you can look at and make your |
| your horse comes in first you will collect 3 | | | | decisions on different horses to wager on. |
| ways. If your horse comes in second you will | | | | You can observe the interaction of the |
| collect 2 ways. If your horse comes in third | | | | trainers and grooms with the horses. This is |
| you will collect one way. EXACTA With this | | | | an excellent place to observe pre race |
| type of wager you must pick the first two | | | | behavior. POST Starting point or position |
| finishers in the exact order they finish. | | | | at starting gate. NECK Usually the length |
| | | | of a horses neck or a quarter of a length. |
| QUINELLA With this wager two finishers must | | | | BACKSTRETCH The straight way on the far side |
| be picked and payoff is made no matter which | | | | of the track. FURLONG 220 Yards, 660 ft or |
| horse finishes first or second | | | | 1/8 of a mile |
| | | | |
| SHOW The horse that finishes third. SHOW BET | | | | Remember you can place bets for as little as |
| Wager on a horse to finish third or better. | | | | $2.00 or any amount you choose so go ahead |
| | | | and try your luck and we wish you the best of |
| TRIFECTA This involves picking the first | | | | luck. You can purchase racing forms, and you |
| three horses in the exact order they finish. | | | | will be inundated with information at the |
| WIN BET Picking which horse finishes first. | | | | track. |
| BOARD A tote board on which odds and betting | | | | |