Rules for Horse Wagering

All horses involved in a horseracing proposition must run for action.

A horse vs. horse match-up may have a position handicap. If the number is positive (+), then you subtract that number of positions from that horse's finishing position. If the number is negative (-), then add that number of positions to that horse's finishing position. The horse with the lower finishing position after the handicap is applied is the winner.

A race must have a minimum of 4 horses run or all wagers will be no action.

Track consolation consolation payouts (ie. 5 out of 6 winners) are not paid.

Races with post times after midnight eastern time are graded the following morning.

The minimum wager over the phone is $20 each bet.

Wagers with a Ticket Post Time a second or more after an official off time at a track will ALWAYS be graded a Past Post.  All Past Post wagers have the risked funds returned at the time the race is graded.

Triple Crown & Breeder’s Cup maximum net profit per race: $100,000

Major tracks (A) maximum net profit per race: $30,000

Major tracks (B) maximum net profit per race: $15,000

Medium tracks maximum net profit per race: $10,000

Minor tracks maximum net profit per race: $7,500

Harness & Greyhounds maximum net profit per race: $5,000