When you're at the track, remember, we want you to have fun and be successful. If you have any questions, be sure to ask any member of our staff and they will be delighted to help.
Placing a bet is easy. You never have to feel intimidated or that you're going to say something wrong. Just remember these easy hints and steps. Before you go to the window, write down your selections and the amount you want to bet. Have your money or winning ticket in hand, and then...
That's all there is to it!
Always check your ticket(s) before leaving the teller window to make sure the bet, track, race number and date are correct. Tickets cannot be changed or canceled after leaving the teller window.
Never throw your ticket away, unless you are positive it is not a winner. If there is any doubt, let the teller's computer tell you by reading the ticket.
As soon as the race is declared official, take your winning ticket to any window and give it to the mutuel clerk. The display screen on the machine will show the amount of your winnings. To save time, make your next wager at the same time you cash your winning ticket.
Winning tickets must be redeemed 180 days following the last race of each meet. The first meet ends the last week in June. The second meet ends December 31.
The great thing about pari-mutuel wagering is that the majority of the money wagered goes right back into the hands of the bettors. The track, the state and the greyhound owners simply receive a straight percentage of each wager. The rest of the money is placed in a pool and paid out proportionally to each winner. The number of people who bet on the same dogs determines the odds and therefore, the payoff.
Each runner is listed by number on the Odds Board (or tote Board). Odds are posted next to the number. These odds are for the WIN pool only. They have no relation to the PLACE, SHOW, QUINIELA, or any other pool. On the right of the Odds Board, each Quiniela combination is listed with odds posted next to the combinations.
The odds change often before the race, based upon the amount of money being bet on each runner in each pool and are based on the number of wagers placed on a particular runner. As more wagers are placed on a runner for a WIN or Quiniela combination, the odds go down. If fewer wagers are placed on a runner, the odds go up.
Odds listed on the Board are all $1.00 odds. If a runner or Quiniela combination wins at 5-1 odds, the payoff on a $2.00 wager is approximately $12.00 (your $2.00 wager plus five times that amount for a winning selection). Regardless of how much money is bet on a favorite, the track must pay $2.10 for each $2.00 winning bet.
There's no limit on how much can be won on any single bet. Only the odds determine the amounts. After each race, the Odds Board will show which runners came in first, second, third, and fourth. The Odds Board show payoffs on all wagers for that race and remember, the Odds Board is only an aid to the bettor. Errors on the Board will be corrected, however, the Association will pay only the correct winning price.
Odds And Indicated Payoffs On A $2.00 Bet.