Glossary The Wager Before you place a wager, you should know your options. Here’s an overview of most types of wagers. WIN – The most common wager. You are a winner if your horse finishes first. PLACE – You are a winner if your horse finishes first or second. SHOW – You are a winner if your horse finishes first, second or third. DAILY DOUBLE – You are a winner if your selected horses win two designated races. EXACTA – You are a winner if your selected horses finish first and second in exact order in a race. QUINELLA – You are a winner if your selected horses finish first and second in any order of finish in a race. TRIFECTA – You are a winner if your selected horses finish first, second and third in exact order of finish in a race. PICK 3 – You are a winner if your selected horses come in first in three designated, usually consecutive, races. SUPERFECTA – You are a winner if your selected horses come in first, second, third and fourth in exact order of finish in a race. The beginner might concentrate on win, place and show wagering and two-horse combination wagers, like quinella or exacta. Simply try to determine which horse is the most likely winner.