How to Bet
When it comes to betting on horses, deciding what type of bet to place is important. Bets can range from simple bets on a single horse in one race, to choosing the winning horses for four or five consecutive races. The information below helps you explore your betting options.
NOTE: This page is geared towards the betting options available for Truro Raceway only. Other tracks may offer other options that do not apply at Truro.
(Video from HPI at the bottom of this page)
BASIC BET TYPES
WIN: Your horse must finish FIRST.
PLACE: Your horse must finish FIRST or SECOND.
SHOW: Your horse must finish FIRST, SECOND or THIRD.
* Three Tips to Remember:
- Favourites WIN 35% of the time.
- Favourites PLACE (come First or Second) 53% of the time.
- Favourites SHOW (come First, Second or Third) 67% of the time.
* Smart Bettors -- beginners and experts alike -- always read the fine print. Our lawyers wanted us to remind you that these tips are intended as a guide only. They are based on historical results and do not represent actual or implied future performance.
EXOTIC BET TYPES - Same Race
There are several types of bets that can be made involving the selection of multiple horses within a single race. These bets require you to pick more than one horse in the correct order. The odds of winning these bets are more difficult, but the potential for reward is much greater.
EXACTOR: A wager in which you select two horses that must finish FIRST and SECOND in that exact order in a race.
TRIACTOR: A wager in which you select three horses that must finish FIRST, SECOND and THIRD in that exact order in a race.
SUPERFECTA: A wager in which you select four horses that must finish FIRST, SECOND, THIRD and FOURTH in that exact order in a race.
MULTI-RACE TYPES - Consecutive Races
There are several types of wagers that can be made involving the selection of winning horses across multiple consecutive races:
DAILY DOUBLE: The bettor has to select the winners of the first two consecutive races. The wager must be made prior to the start of the FIRST race of the daily double.
PICK 5: The bettor has to select the winners of the first five consecutive races. The wager must be made prior to the start of the FIRST race. Minimum bet is 20¢ in the multi-race wager. Truro Raceway has a 12% takeout in our Pick 5, which is the lowest takeout in Canada.
PICK 4: The bettor has to select the winners of the final four consecutive races in the program. The wager must be made prior to the start of the FIRST race that begins the PICK 4. Minimum bet is 20¢ in this multi-race wager. Truro Raceway has a low 15% takeout in our Pick 4.
ADDITIONAL EXOTIC BET TERMINOLOGY
BOX: A wagering term denoting a combination bet whereby all possible numeric combinations are covered.
KEY: A single horse used in multiple combinations in an exotic wager.
PART WHEEL: Using a key horse or horses in different, but not all possible, exotic wagering combinations.
WHEEL: Betting all possible combinations in an exotic wager using at least one horse as the key.
BUILDING YOUR BET
HPIbet is easy, makes betting online easy, and it can be done in 5 simple steps:
STEP 1: Choose the Track and Race number you want to bet on.
STEP 2: Choose the Bet Type you want to make.
STEP 3: Choose the amount you want to wager.
STEP 4: Choose the Horse(s) you want to wager on.
STEP 5: Place your Bet.