The amount the track retains allows it to generate revenue to pay purses, taxes, salaries, and other expenses. The remaining percentage goes back to the public into what is known as common pools. Each type of wager has a specific common pool. All exacta wagers go into an exacta pool. There are numerous types of wagers that can be made depending on the track.
All tracks offer win, place, and show wagers on each race.
Other wagers offered depend on the track the state, and possibly the number of runners in each race. WIN This is a very traditional wager and if your selection wins the race, you win the bet. Did the runner win last time, has it won before etc. This is not always the case. This wager is also a traditional and simple wager.