The following is a list of the various types of bets you might place on the Caulfield Cup at an online betting site like SportsBet:
Straight bets – Win (which horse will finish first)
Place (horse must place first or second)
Show (must place in top three)
Across the board wager (horse will take either of the first three places).
Quinella – Choosing two horses in no specific order to win first and second placings. Although the punter has good odds, a quinella will pay less than a trifecta.
Exacta or Perfecta – The punter must choose which horses will win first and second place in the correct order.
Box Exacta – The punter selects the first two places in any order.
Trifecta – Picking the first three winning horses in the correct order.
Box trifecta – First three horses in any order.
Standout trifecta – Picking the winner and then the next two horses in any order.
Superfecta – Same as trifecta plus the fourth placed horse.