Understanding Horse Racing Win Bets
A Win wager or Win bet is the simplest bet you can make in racing: simply pick the horse you think will cross the finishing line first.
If your horse wins: you win. You don't win if your horse does not win.
What's the bet to get a win wager?
The stake for a win wager is $2. Some monitors have experimented using a $1 or even $.50 alternative, but it's yet to become popular.
Win wagers made online have the same minimal as gambling Win wagers at the monitor.
How do I know what I win?
The pari-mutuel odds you see displayed on the toteboard in the track or online reveal the probability of a horse's probability of winning based on the monies bet into each wager's pool according to a $2 win stake.How much can I win on a Win bet?
Winnings are unlimited and based on the odds when the pools close at post time. Payoffs are calculated by the total pool the track's takeout, then split among all the winning tickets. Lets look at a recent race as an example: Have you ever correctly expected the #6 horse Champagne Room to take 1st place at the 2016 Breeders' Cup Fillies Juvenile Stakes....
...the minimal $2 bet would have afforded the better $69.20. Thus, a right bet produced an approximate 33-1 payout for every winner. All win bets put on other horses generated no payouts on the wager.
Read more here: None