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Monday, October 07 first post 12:20PM Race Schedule

Betting

We hope to be able to answer any questions you may have regarding wagering at Fort Erie Race Track. This includes how to bet, where to bet and any questions concerning the rules and regulations governing the horse racing industry. If there are any questions you may still have please contact us.

For those looking to bet online, wagering on Ontario is available through HPI Bet. Membership is free and secure. 

HPI Bet

 

Wagering

An introduction to wagering

Welcome to the Fort Erie Race Track. Placing your bet appears confusing and complicated at first. By learning a few easy racing terms (and a little luck) you'll be on your way to picking a winner in any of the racing cards, live or simulcast at Fort Erie Race Track.

You must be 18 years of age or older to place a bet. There are no Canadian taxes on winning bets.

Here's how it works...

Types of Bets

horse icon WIN

Pick the horse that comes in first.

horse iconhorse icon  PLACE

You collect if your horse finishes first or second.

horse iconhorse iconhorse icon SHOW

You collect if your horse finishes first, second or third (the safest bet).

Beyond Win, Place & Show

Of course, there are many other types of bets beyond Win, Place and Show wagers. These include:

EXACTOR
You must select the horse finishing First and the horse finishing Second, in exact order. In a race with a mutual entry (1 & 1A, 2 & 2B), if the race finishes with both parts of the entry in First and Second Position, the Exactor will
TRIACTOR
You must select the horse finishing First, the horse finishing Second, and the Horse finishing Third, in Exact Order. In a race with a Mutuel Entry (1 & 1A, 2 & 2B) or Mutuel Field (12F, 13F, 14F, etc.). If the race finishes with both parts of the entry or two parts of the field in the top three positions, the Triactor will be paid on the First, Second and Fourth Place finishers.
SUPERFECTA
You must select the horse finishing First, the horse finishing Second, the Horse finishing Third and the Horse finishing Fourth in Exact Order. In a race with a Mutuel Entry (1 & 1A, 2 & 2B) or Mutuel Field (12F, 13F, 14F, etc.). If the race finishes with both parts of the entry or two parts of the field in the top four positions, the Superfecta will be paid on the First, Second, Third and Fifth Place finishers.
SUPER HIGH 5 (PENTAFECTA)
You must select the horse finishing First, the horse finishing Second, the Horse finishing Third, the Horse finishing Fourth and the Horse finishing Fifth in Exact Order. In a race with a Mutuel Entry (1 & 1A, 2 & 2B) or Mutuel Field (12F, 13F, 14F, etc.) if the race finishes with both parts of the entry or two parts of the field in the top five positions, the Super High Five (Pentafecta) will be paid on the First, Second, Third, Fourth and Sixth Place finishers.
DAILY DOUBLE
You must select the horse finishing First, in Two Consecutive Races.
PICK 3
You must select the horses finishing First, in Three Consecutive Races.
WIN 4
You must select the horses finishing First, in Four Consecutive Races.
PICK 5
You must select the horses finishing First, in Five Consecutive Races.
BOX
You may select, two, three or more horses and the order of finish does not have to be EXACT. This is available on Exactor, Triactor, Superfecta and Super High 5 (Pentafecta) wagering only. NOTE: Your bet amount will increase with each additional combination.
KEY
You select one horse to finish First. You then select any number of horses to finish Second. You then select the Same Number of horses to finish Third. This is available on Triactor Betting only.
PARTIAL WHEEL
You may select any number of horses for each position (First, Second or Third). This is available on Exactor, Triactor, Superfecta, Super High 5 (Pentafecta), Daily Double, Pick 3, Win 4 and Super 7 wagering only. Using Box, Key and Partial Wheel Wagering will significantly improve your odds of winning, but it will also significantly increase the cost of your ticket! Use this type of wagering wisely, because the Pay-Out is calculated on the Base-Price of your ticket, not on the Total Price. For example, a $1.00 Triactor Wheel 8 with 1,2,3,4,5 will cost $20.00. The price is calculated as follows: Number of Entries Selected for First Place multiplied by the Number of Entries Selected for Second Place multiplied by the Number of Entries selected for Third Place equals the Total Amount wagered.
QUICK PICK
This feature is available for each wager that is offered. The Quick Pick wager is similar to a Quick Pick lottery ticket. The computer will randomly select a horse(s) for you.

What the odds mean

(approximate to pay to win for $2.00)
ODDSPAYSODDSPAYSODDSPAYS
1-5 $2.40 6-5 $4.40 5-2 $7.00
2-5 $2.80 7-5 $4.80 3-1 $8.00
1-2 $3.00 3-2 $5.00 7-2 $9.00
3-5 $3.20 8-5 $5.20 4-1 $10.00
4-5 $3.60 9-5 $5.60 9-2 $11.00
Even $4.00 2-1 $6.00 5-1 $12.00

The odds are posted on the Tote Board (the large display board located in the infield) and on the TV monitors. Even though the minimum bet is $2.00, the odds quoted are based on a $1.00 bet.

Let's say that the odds for the #2 horse are 10-1, if the horse wins you receive $10 for every $1 bet. You bet $2 so you get $20 plus the initial $2 you gave the teller. Remember, that the odds change right down to the last second before the race. The odds are determined by the amount of money bet on each horse and not by the race track.

TOTE BOARD:
The big, lighted board in the infield which shows the odds and the results. The television monitors also show the odds and results.
ODDS:
Actual betting determines the odds. The higher the odd, the larger the payoff. 2-1 odds are small odds. 50-1 is a long shot.
POST TIME:
The scheduled starting time for a race.

HOW MUCH CAN YOU BET? The minimum is $2.00 and increases in $1.00 increments.

WHEN DO YOU PLACE YOUR BET? Anytime before the start of each race. Watch the tote board or TV monitors for the 'Minutes to Post' to find out how much time you have to place your wager.

Handicapping

Handicapping is the challenge of determining the winner of a race based on past performances. The biggest benefit of being at the track is the opportunity to monitor the thoroughbred's pre-race behavior. There are many factors involved when making your selections, such as speed, class, breeding and recent form. Track conditions also play a major role in the outcome of a race. Obviously, the highest percentage trainers and jockeys win the majority of races and merit extra consideration. In addition, there are successful jockey/trainer combinations that provide significant returns. Thoroughbreds are creatures of habit that, more often than not, possess a distinct running style. In a race lacking many speed runners, a consistent front runner becomes a major threat. Conversely, if there are a number of speed types entered in an event, horses that can stalk the pace or race strongly from the back of the pack become prime contenders. The handicapping process can be intimidating at first. The main thing is to have fun while you learn the game and develop your own philosophy.