Win: The horse you select must come in first.
Place: The horse you select must come in first or second.
Show: The horse you select must come in first, second, or third.
Daily Double: A bet attempting to pick the winner of two consecutive races.
Pick Three: A bet attempting to select the winners of three consecutive races.
Quinella: A bet attempting to select the first two finishers, regardless of order.
Perfecta or Exacta: A bet attempting to select the first two finishers in exact order.
Trifecta: A bet attempting to select the first three finishers in exact order.
Tri-Super: A bet attempting to select the first three finishers in exact order, and then the first four finishers in exact order in a subsequent race.
Twin Trifecta: A bet attempting to select the first three finishers in exact order, and then the first three finishers in exact order in a subsequent race.
Conditioned Race: A race where eligibility is based on age, sex, money won, or races won. For example, "3-year-old fillies, non-winners of $10,000 or 4 races."
Claiming Race: A race where any of the entrants may be claimed (purchased) for a specified amount.
Invitational: A race for the top horses in the area. Also known a Open, Free-For-All, or the like.
Stakes Race: A race where owners make a series of payments, starting well in advance, to keep a horse eligible. If an owner misses a payment to a stakes race, the horse becomes ineligible.
Early-Closer/Late-Closer: A race requiring payments which start much closer to the actual race date than a stake "Early" and "Late" involve specified periods of time.
Colt: A male three years of age or less.
Horse: A male four years of age or older.
Gelding: A castrated male of any age.
Filly: A female three years of age or less.
Mare: A female four years of age or more.
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