Los Alamitos Quarter Horse - Race 3

Show Wager

Betting on a horse to finish in the first three spots, which pays out the same whether they win or run second or third.

Pari-Mutuel

A pool style wagering system, where all money input through betting is divided among those with winning tickets (save for various deductions by the track operators).

Handicap

A race where a handicapper has assigned weights to be carried by all runners on the basis of their past racing efforts.