RACEBOOK RULES

 

WAGERWEB offers over 60 tracks for Thoroughbred & Harness racing.

 

We take action on Win, Place and Show wagers, also Exactas, Quinellas, Trifectas, Superfectas, Daily Doubles and Pick 3s, any and all of these If offered by the track.

 

• The minimum wager for racebook wagers on the Internet and over the phone is $2. The maximum amount depends on the track you are wagering on.
• Once bets are placed and confirmed, they may not be changed or canceled in any way.
• The Racebook System automatically takes the races off the board when the race begins, therefore, if you have a confirmed ticket, generally you will have action on the race. This holds true for both internet and call center.
• Post times are available upon request. For thoroughbreds and harness racing we take into account the whole minute for your bet. Example: If the race is off at 12:05, and your ticket was placed at 12:05 (and any second on that minute, up to :59), your wager will have action. If your ticket was placed at 12:06 your wager will NOT have action. For Quarter Horse wagering we will rely solely on our System’s Off Time as official time.
• In all events that a winning horse’s name corresponds with the official record, we will pay out the wager made on the named horse. In the event that the horse’s name does not correspond with the official record, we reserve the right to hold back a payout, pending a review.
• After management verifies the results of the race, if it is found that the wager was past-posted, your wager will then be disqualified from any winnings, and your original bet will be placed back in your account.
• When you wager on a horse that is coupled, your wager includes all horses running under said number. If a horse is coupled with others, if you bet on any of them, you receive all horses running as part of the entry. If part of an entry is scratched and part of an entry runs, all wagers have action. There is no “must go” action as part of the entry. If one of the entry horses runs, all wagers and bet types have action.
• For Daily Doubles and Pick 3’s we use the same rules and payouts as the track regarding consolations and ALL’s when there are early and late scratches.All normal tracks limits are still applicable.
• There are no house odds. If there are no track payoffs for a certain type of wager, all wagers on that type will be refunded.
• If a horse is inadvertently shown as scratched in our wagering menu but runs there will be no refunds given for any wagers made in said race.
• If a horse runs for Purse Money Only, we follow the track payout rules as determined by the host track.
• If a track is in our betting menu, or a wager type is available that is not listed on these Racebook Rules the Maximum Net Profits on these will default to $500.

 

Below you will find a list of Horse Wager Types that WAGERWEB offers all of its customers.

 

Win, Place, and Show Wagers:

 

Horse wagering is totally and completely different than that of sports betting.
Bettors may wager on a given horse in a race to WIN (finish first), PLACE (finish second), SHOW (finish third), or they may wager ACROSS (to win, place, and show).

 

The odds for each horse to win, place, or show is entirely dependent on the amount of money bet into the pari-mutual pool.

 

The horse that finishes first will have payout odds on finishing first, second, and third. The horse that finishes second will have payout odds on finishing second, and third. The horse that finishes third will have payout odds on finishing third only.

 

Win: If you wagered on a horse to win only then that horse must finish first for the wager to be a winner. If the horse finishes first in the race then the wager will be paid off according to the Win odds.
Minimum entries for wagers to have action 2.

 

Place: If you wagered on a horse to place only then that horse must either finish first, or second for the wager to be a winner. If the horse finishes first or second then the wager will be paid off according to the Place odds.
Minimum entries for wagers to have action 4.

 

Show: If you wagered on a horse to show only then that horse must either finish first, second, or third for that wager to be a winner. If the horse finishes first, second, or third then the wager will be paid off according to the Show odds.
Minimum entries for wagers to have action 4.

 

Across the Board: If you wagered across the board on a horse and it finished first in the race, you would be paid odds for the win, place, and show bets. If the horse finished second in the race you would be paid odds on the place and show bets. If the horse finished third in the race you would be paid odds on the show bet only.

 

Other Straight Wagers: You can also bet win and place, win and show, and place and show bets on a horse.

 

Exotic Horse Wagers:

 

Exacta wagers:
Exacta wagers require the player to pick the first two finishers in a race in exact order. This means that the player selects a horse to finish first, and a horse to finish second. Therefore the horse chosen to finish first MUST finish first and the horse chosen to finish second MUST finish second for this wager to be a winner. If the horse chosen to finish first does not then the wager is a loser. If the horse chosen to finish second does not then the wager is a loser.
Minimum entries for wagers to have action 4.

 

Exacta wager example:

 

A player wants to bet 2 horses in a $10 exacta. The horses are Mylovelylady and Shesawinner.

 

Mylovelylady to win Shesawinner to place Risking $10.

 

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Exacta Box wagers:

 

An exacta box wager is a multiple bet wager. The amount of bets depends on how many horses you select. Basically it is an exacta wager and then reversing the horses. Therefore if you select horse A to finish first and horse D to finish second, you also have a wager on horse D to finish first and horse A to finish second. You have 2 bets if it is a two horse exacta box (AD, and DA). An exacta box with 3 horses will have 6 bets (AD, AC, DC, DA, CA, and CD).

 

Exacta Box Example:

 

A player wants to put three horses in an exacta box for $10 each. The horses are Mylovelylady, Bluesmandan, and Shesawinnner.

 

Below you will find the combinations and the total amount risked for this $10 exacta box.

 

Mylovelylady to Win Bluesmandan to Place  Risking $10.	Mylovelylady to Win Shesawinner to Place  Risking $10.	Shesawinner to Win Bluesmandan to Place  Risking $10
Bluesmandan to Win Mylovelylady to Place  Risking $10.	Shesawinner to Win Mylovelylady to Place Risking $10	Bluesmandan to Win Shesawinner to Place Risking $10

 

The total risk for this player for this $10 exacta box will be $60.

 

Quinella Wagers:

 

A quinella wager is just like an exacta box wager, where the player selects the horse to come in first and second, and gets the same horses in reverse order with no additional risk. 
Minimum entries for wagers to have action 4.

 

Quinella wager example:

 

A player wants to bet 2 horses in a $10 quinella. The horses are Mylovelylady and Shesawinner.

 

Below is an example of what the bet details are.

 

Mylovelylady to win  Shesawinner to place  AND Shesawinner to win Mylovelylady to place Risking $10

 

 

Quinella Box:
Like the exacta box the quinella box is a multiple bet wager. The more horses you select the more quinella bet combinations you will have. Each combination is a separate bet.

 

Quinella Box Example:

 

A player wants to put three horses in a quinella box for $10 each. The horses are Mylovelylady, Bluesmandan, and Shesawinnner. Below you will find the combinations and the total amount risked for this $10 quinella box.

 

Mylovelylady to Win Bluesmandan to Place AND Bluesmandan to Win Mylovelylady to Place Risking $10.

Mylovelylady to Win Shesawinner to Place  AND Shesawinner to Win Mylovelylady to Place Risking $10.

Bluesmandan to Win  Shesawinner to Place  AND Shesawinner to Win Bluesmandan to Place Risking $10

 

The total risk for this player for this $10 Quinella box will be $30

 

 

Daily Double:

 

Daily Double wagers require the bettor to pick the winners of two designated races, usually the 1st and 2nd, 2nd and 3rd, or 8th and 9th
Minimum entries for wagers to have action 2.

 

Trifecta Wagers:

 

Trifecta wagers require the player to pick the first three finishers in a race in exact order. This means that the player selects a horse to finish first, a horse to finish second and a horse to finish third. If all 3 horses chosen do not finish in that order, the wager is a loser.

 

Minimum entries for wagers to have action 4.

 

Trifecta wager example:

 

A player wants to bet 3 horses in a $10 trifecta. The horses are Mylovelylady, Shesawinner and foxylady.

 

Mylovelylady to win Shesawinner to place Foxylady to show Risking $10.

 

 

Trifecta Box:

 

A trifecta box wager is a multiple bet wager. The amount of bets depends on how many horses you select. Basically it is a trifecta wager with all possible combinations. Therefore if you select horses A, B and C you will have 6 possible combinations ( A,B,C – A,C,B – B,A,C – B,C,A – C,A,B – C,B,A ) 

 

Trifecta Box wager example:

 

Mylovelylady  Shesawinner  Foxylady  $10 Trifecta Box, for a total of $60 at risk.

Pick 3:

Pick 3 wagers require the player to pick the winners of 3 consecutive winners on the same track. If one of the horses does not win then the wager will be graded as a loser.
Minimum entries for wagers to have action 2.

 

Example of Pick 3:

 

Mylovelylady to win in Race 1 Shesawinner to win in Race 2 Foxylady to win in Race 3 $10 Pick 3

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