Betting types explained Posted on June 28, 2017July 14, 2017 by Coffs Harbour Racing Club There are two categories when it comes to betting: straight wagers and exotic wagers. Straight wagers involve betting on one horse, while exotic wagers involve multiple horses in the one bet. Straight wagers betting options If you are a beginner, a straight wager is most suitable as they are simple, easy to set up and relatively cheap to bet on: Win – your horse will be first place in its race Place – your horse will come first or second in its race Show – your horse will come first, second or third in its race Combo Straight Wager – your horse to win, place and show in its race Win/Place – your horse will win and place in its race Place/Show – your horse will place and show in its race Exotic wagers betting options Exotic wagers are for the more seasoned punters as they are more difficult, more expensive and can be harder to win. However, as you are betting on multiple horses in a single bet, the payoffs are usually higher than in a straight wager. Exotic options to bet on: Exacta – two horses to place first and second in a particular order in its race Quinella – two horses to place first and second in any order in its race Trifecta – three horses to place first, second and third in a particular order it race Superfecta – four horses will finish first, second, third and fourth in a particular order. Coffs Harbour Racing Club does not encourage gambling.