How to read a parimutuel betting ticket

How to place a bet:

State the name of the track, the race (if it's not the next race), the amount to be wagered, the kind of wager and the horse(s). For example:
"At Marquis Downs, give me $2 to win on the six horse." 
Or: "At Churchill Downs, in the seventh race, a $1 trifecta box: 3-4-6-9."
Or: "A $2 Daily Double part-wheel: 4 with 3-6-8-9.

Betting etiquette: Don't slow down the betting lines and prevent others from getting their wagers in. That means having your decision made and your money ready when you go to the betting windows.

Betting options:

The minimum wager is $2, with $1 boxes available for exactas, trifectas and Pick Threes. The minimum wagering age is 19. Bets available:

WIN: The horse must finish first for the bettor to collect the payoff.
PLACE: The horse must finish first or second for the bettor to collect the payoff.
SHOW: The horse must finish first, second or third for the bettor to collect the payoff.
DAILY DOUBLE: The bettor must select the winners of the first two races.
EXACTA: The bettor must select the horses that finish first and second in exact order.
TRIFECTA: The bettor must select the horses that finish first, second and third in exact order.
SUPERFECTA: The bettor must select the horses that finish first, second, third and fourth in exact order.
PICK THREE: The bettor must select the winners of the designated three consecutive races.
PICK SIX: The bettor must select the winners of the designated six races. If there are no tickets with six winners, bettors with the most winners in the designated races collect a consolation payoff, derived from 25 percent of the pool, and the remaining 75 percent of the pool is carried over to the next day.

Betting terminology:

ACROSS THE BOARD: A bet on the same horse to win, place and show; also called a combination.
BOX: A wager covering all the numerical combinations; e.g. a 1-3 exacta box is actually two exactas, a 1-3 and a 3-1.
CARRYOVER: If there is no winner in the Pick 6, a portion of the betting pool is carried over to the next racing day. The "carryover" pool builds until someone has all six winners on a Pick 6 ticket.
WHEEL: Using one or more horses with all possible combinations in an exotic wager; e.g., wheeling No. 1 in the exacta means using No. 1 with all others: 1-2, 1-3, 1-4, 1-5. . ..A part-wheel is using one or more horses with part of all possible combinations.