Breeders Cup Odds
Written by Wheretobet.com
Thu, 28 Jun 2007
Category sportsbook
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When you place a bet at any of the three NYRA racetracks - Aqueduct, Belmont Park or Saratoga Race, you are betting against everyone who is making the same type of wager in the same race, whether they are on-track patrons or participating in the wagering process from simulcast sites across the nation. The racetrack simply deducts a percentage from each dollar wagered for payment of purses, expenses and state taxes. This deduction or takeout is less than 20 percent at NYRA tracks with over 80 percent of all wagers returned to the bettors. Unlike casino gambling, where you are betting against the house, Thoroughbred racing is a "parimutuel venture."
Pierre Oller introduced "parier mutuel" in his native France in 1865 meaning "mutual stake" or "betting among ourselves." As this form of wagering was adopted in England it became known as "Paris mutuals," and soon thereafter "parimutuels." Pari-mutuel odds reflect how much is wagered on each horse or combination relative to the size of the mutuel pool.
Win, Place and Show
Win: You win if your horse finishes first.
Place: You win if your horse finishes either first or second.
Show: You win if your horse finishes either first, second or third.
The easiest bet to win is a show bet. If your selection finishes third or better, you win. The Pick 6, requiring the bettor to select six consecutive winners in as many races, or the Superfecta, requiring the bettor to select the correct 1-2-3-4 order of finish in a given race, are the most difficult. The higher the risk, the greater the payoff.
2-Horse 2007 Breeders' Cup Betting Odds
Exacta: Selecting the two horses to finish first and second in exact order.
Quinella: Selecting the two horses to finish first and second in either order.
Daily Double: Selecting the winners of two designated (consecutive) races.
Wagers must be placed before the running of the first of the two races. The Daily Double is generally offered on the day's first two and last two races.
3-Horse 2007 Breeders' Cup Betting Odds
Pick 3: Selecting the winners of three designated races run in succession.
Trifecta: Selecting three horses to finish first, second and third in exact order