Betting
Before the game begins, each player makes bets based on their favorite horse. Bets are generally as simple as "five on diamonds" but can get as complex as any true horse race. Announcers may choose to allow such exotic bets as Trifectas, Exactas, Daily Doubles, etc. In another variation, players may simply pick their favorite horse, and the payout is set at 20 drinks for the first-place horse, 15 for second place, and 10 for third place. Placing a small bet on the "first horse out of the gates" is a popular bet that excites the crowd early. Penalties may be applied to bettors who bet on an ace that never leaves the starting gates. Safeguards are often instituted to prevent players from placing exorbitant bets such as "one hundred on hearts." Such safeguards may include setting bet limits, requiring players to drink a portion of their bet before the race begins, or forcing losers to drink a portion of their bet at the end.
At the end of a race, drinks are distributed based on the initial bets. Several variations exist. Winners may distribute drinks equal to the amount they bet, or double. Winners may be immune to drinking. Losers may have to drink the amount of their initial bet, the amount that the winners distribute, or both.
Read more about this topic: Horserace (drinking Game)
Famous quotes containing the word betting:
“All voting is a sort of gaming, like checkers or backgammon, with a slight moral tinge to it, a playing with right and wrong, with moral questions; and betting naturally accompanies it. The character of the voters is not staked. I cast my vote, perchance, as I think right; but I am not vitally concerned that right should prevail. I am willing to leave it to the majority.”
—Henry David Thoreau (1817–1862)
“What is faith but a kind of betting or speculation after all? It should be, “I bet that my Redeemer liveth.””
—Samuel Butler (1835–1902)
“Courtroom—A place where Jesus Christ and Judas Iscariot would be equals, with the betting odds in favor of Judas.”
—H.L. (Henry Lewis)