NYRA

The New York Racing Association


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Wagering FAQ

Where do I place a wager?

Live teller wagering windows and self-service terminals are located throughout the racetrack. The self-service touch screen terminals are easy to use. Just insert a betting voucher, winning mutuel ticket, NYRA Cash Card or NYRA Rewards Card and enjoy the convenience and privacy of do-it-yourself wagering. Always double check your tickets before leaving the window or self-service terminal.

Vouchers can be purchased at all windows; vouchers and NYRA Cash Cards can be purchased at voucher selling windows. Each individual race page has a listing of all wagers offered in that race.

 

How do I open a NYRA Rewards account?

NYRA Rewards offers four easy sign-up options for new members: Online Instant Sign-Up, by mail, fax, or stop by a NYRA Rewards Information Booth at any live NYRA race meet or simulcast facility. Click here for more information.

 

How much do I have to bet?

You can make a wager for as little as .10 cents with our special dime Superfecta and .50 cents with our Pick Four. All other wagers are $1 minimum except the Pick Six which is a $2 minimum wager.

 

How do I place a wager at the window?

State the NAME of the track.

State the RACE NUMBER.

State the AMOUNT of the bet.

State the TYPE of bet.

State the NUMBER of the horse.

Example: "Saratoga, 4th race, $2 to Win on 5."

 

How are the odds determined?

The track handicapper sets the morning line, which are the odds he believes the horses will be at post time. As money is wagered,the odds change continuously until post time, and are determinedby the amount of money wagered on each horse.

 

Why do odds fluctuate after the race starts?

Wagering at all NYRA tracks closes when the starting gateopens. Final odds cannot be posted until the race is in progress.There is a slight delay due to the high volume of last-minutewagering at simulcast sites across the nation as final odds arecalculated by the totalisator system. No wagering site has thecapability to accept bets after the start of any NYRA race.

 

How do I find out if I won?

Check the tote board and television monitors after the race becomes official. The amount you win depends on how much you wager, the type of bet you make, and the horse's odds.

 

What happens if there is a late scratch?

This depends on what type of wager it is. If a horse is scratched after wagering is closed, refunds will be given on all Win, Place, Show, Exacta, Quinella, Trifecta, and Superfecta wagers.

 

Very Important: Hold all tickets until the race is official

Make sure that you hold all tickets until results are made official, as there could be changes in the order of finish due to a disqualification. For your convenience and ease in speedily cashing winning tickets and vouchers, it is requested that your tickets not be torn, folded or otherwise damaged. New York State pari-mutuel rules are posted in wagering areas throughout the track.

 

Daily Double and Pick Three scratches

If there is a scratch in the first leg of the Daily Double, the bettor receives a refund; a scratch in the second leg results in a consolation payoff. In the event of a late scratch before the first leg of the Pick Three, the bettor receives a refund. In the event of a late scratch after the running of the first leg, a consolation payoff is paid to bettors with winners in the other two legs.

Pick Four, Pick Five, Pick Six, and Grand Slam scratches

For Pick Four, Pick Five, Pick Six and Grand Slam wagers, in the event of a late scratch, the bettor receives the post time favorite. There are no refunds or alternate selections. In the Pick Four there is a mandatory daily payout of the entire pool. In the Pick Five, in the event there are no tickets with five winners, there is a carryover of 100% of the net pool into the next day of the meet. In the Pick Six, in the event there are no tickets with six winners, there is a carryover of 75% of the net pool into the next day of the meet. Should there be three or more cancelled or "no contest" legs in either the Pick Five or Pick Six pools, all bets are refunded.

 

Pick Four, Pick Five, Pick Six, and Grand Slam-races off turf

When the condition of the turf course(s) warrants a change of racing surface in any legs of the Pick Four, Pick Five, Pick Six and/or Grand Slam races, and such change has not been made known to the public prior to the close of wagering on the Pick Four, Pick Five, Pick Six and/or Grand Slam pools, the stewards shall declare the changed leg(s) a "no contest" race for Pick Four, Pick Five, Pick Six and Grand Slam wagering purposes. However, for Pick Five races with a surface change in only one leg, bettors with four winners in the remaining legs shall share that day's net Pick Five pool, as well as any carryover. In the event of a surface change in two or more legs of the Pick Five races, then bettors that selected winners of the legs for which there were no surface change shall share that day's net pool, but shall not share any carryover. Such carryover in these circumstances shall be carried over to the Pick Five pool on the next day of the meet.

 

Grand Slam Payoff Calculation

In the first three legs of the wager, equal weight is awarded to winning selections. In the fourth and final leg, the selection must be the official race winner. The payoff is posted as one price based solely on whether the bettor has correctly selected at least one winning selection in each of the four legs of the Grand Slam.

Place or show wagering must be available in any of the first three legs of the wager for a horse to qualify as a winning selection finishing second or third.

For example, a horse that finishes third in a race with no show wagering is not a winning selection.

 

NYRA Bet Cancellation Policy

Please examine your mutuel tickets carefully. The New York Racing Association is not responsible for ticket sales not completed before the machines are locked. Additionally, no adjustments, including cancellations, can be made once the race begins. Mutuel tickets and wagers placed on NYRA Cash cards can be cancelled at self-service terminals, but with a limit not to exceed $50. Please note that wagers on NYRA Cash cards cannot be cancelled at teller windows.

 

Rule for Uncashed Tickets

Effective January 1, 2009, pari-mutuel tickets not cashed within 10 days of purchase that have a value of $300 or more must be redeemed at IRS-designated windows. The patron needs to provide a name, home address, date of birth and social security number. This requirement is part of a new rule that was opposed by the New York Racing Association, but still implemented by the New York State Racing & Wagering Board. Please note that unless the payout on the ticket is 300-1 or higher and in excess of $600, the patron’s information will not be reported to the IRS. The same requirements apply for tickets cashed by mail that meet these parameters.

 

Do I have to report my winnings to the IRS?

The Internal Revenue Service requires reporting of payouts on wagers that exceed odds of 300 to 1 and pay in excess of $600. IRS regulations also require automatic withholding on payouts that exceed $5,000. Windows designated for IRS winning tickets are located on all floors. Patrons must present a picture ID (driver’s license or non-driver’s state ID, federal, state, or city ID, passport, or NYRA ID). A second form of identification showing the patron’s social security number must also be presented.

 

Please note that NYRA can only pay off on winning wagers in accordance with the revelant complete wager rules of the New York State Gaming Commission (NYSGC) codified at 9(e) NYCRR.