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.
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: $5,000
Harness and Greyhounds maximum net profit per race: $3,000