1. **Win bet**: This is a bet on a horse to win the race. If the horse comes in first 🌝 place, the bettor wins the amount stated in the odds.

2. **Place bet**: This is a bet on a horse to 🌝 finish either first or second. If the horse comes in first or second place, the bettor wins the amount stated 🌝 in the odds.

3. **Show bet**: This is a bet on a horse to finish either first, second, or third. If 🌝 the horse comes in first, second, or third place, the bettor wins the amount stated in the odds.

4. **Across the 🌝 board bet**: This is a combination of win, place, and show bets. The bettor bets on a horse to win, 🌝 place, and show. If the horse wins, the bettor collects on all three bets. If the horse comes in second, 🌝 the bettor collects on the place and show bets. If the horse comes in third, the bettor collects on the 🌝 show bet.

5. **Exacta bet**: This is a bet on a horse to win and another horse to come in second 🌝 in exact order. If the horses come in the exact order, the bettor wins the amount stated in the odds.