Gambling/Betting Test

$215

(+) means have to bet $100 to make $115 profit, so payout would be ________

$220

(-) means have to bet $120 to make $100 profit, so payout would be ________

3 years old

How old are the horses that run in the Kentucky Derby? (The only age allowed) So can only be in the derby once. All triple crown races are like this.

Amount/Type of Bet/Horse #

How to place a wager at the window?

don't

If a horse does not end up racing (scratches), you do/don't get a refund, you get the post-time favorite for that race.

first

If you bet today, and by game time the spread changes, the spread that you get is the __________ spread

at the start of the race

If you bet with odds at 5-1, and then by time the race starts, the odds change to 3-1, you get the odds __________.

$4

If you do a $2 exacta box, how much does it cost?

Horse

_________ - Male Horse 5 or older

Gelding

__________ - A horse that has surgery so that he can no longer produce (Done bc a some thoroughbreds are stubborn and hard to handle so it calms them down)

Win

__________ - Bet them to finish 1st

Place

__________ - Bet them to finish 1st or 2nd.

Show

__________ - Bet them to finish 1st, 2nd, or 3rd.

Maiden

__________ - Never won a race

$24

If you do a $4 trifecta box, how much would it cost?

50/50

It changes bc of how many people are betting on each team, they try to keep it ______.

give up

It's (-) because you have to "________ _____" that many points.

$6

Say we do 3-7-4-2-8-12. Say you like #9 and #6 for race 4 as well. For a $2 pick 6 it costs ____.

juice

The "________" is the percentage of winning that they take.

Set a limit, Don't chase your losses, Don't bet more than you can afford to lose

What are the 3 unwritten rules of betting?

3rd race

What race does the pick 6 typically start? Have to place bets before this race.

Parlay Bet

When you bet more than one game in a single bet. If we just bet the straight up winners, then they just all have to win to win. Sometimes the spread is factored in. The more games bet the bigger the payout. Underdogs pay more too.

$12

With 5-1 odds: If bet $2, you get ______.

$24

With 5-1 odds: If bet $4, you get ______.

Filly

______ - Female Horse 4 years or younger

Mare

______ - Female Horse 5 years or older

Colt

_______ - Male Horse 4 or younger

Stud

________ - Male Goes on to breeding

Exacta Box

_________ - First 2 horses in the race in correct order, but can do it in both ways. So if you choose 8 and 6, then they can finish 8-6 or 6-8.

Exacta

__________ - First 2 horses in correct order. So if you do 8-6, 8 has to get first and 6 has to get 2nd

Pick 6

___________ - Choose the winner of 6 races.

Trifecta

___________ - First 3 horses in correct order. So if you do 8-6-5, that means 8 has to be 1st, 6 for 2nd, and 5 for 3rd.

Trifecta Box

___________ - First 3 horses, but can be in any order. 6 different combinations.

Breed Mare

_____________ - Female horse going on to breeding