daily double

horse racing

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Last updated

June 25, 2026

Quick Summary

The daily double is a type of bet in horse racing where a bettor must correctly pick the winners of two specific races to win. This betting system is part of the larger pari-mutuel framework, which originated in France around 1870.12

In pari-mutuel betting, all wagers on a race are placed into a pool. After the track's commission and taxes are deducted, the remaining money is distributed among the winning tickets. The daily double is one of several combination bets that have become popular with the advent of sophisticated totalizator systems, which calculate and display betting pools and odds.2

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pari-mutuel
…combination bets, such as the daily double (picking winners in two specified races, usually the first two), exacta, or perfecta (picking the first two finishers in a race in precise order), quinella (picking the first two finishers in a race regardless of order), and pick six (picking the winners in…
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…combination bets, such as the daily double (picking winners in two specified races, usually the first two), exacta, or perfecta (picking the first two finishers in a race in precise order), quinella (picking the first two finishers in a race regardless of order), and pick six (picking the winners in…
Read More

horse racing
Wagers
…such specialty wagers as the daily double (winners of the first two races), perfecta (win and place winners in order in one race), quiniela (as in the perfecta but not in order), and trifecta (win, place, and show winners in order in one race). Other specialty wagers, sometimes offering extremely…
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…such specialty wagers as the daily double (winners of the first two races), perfecta (win and place winners in order in one race), quiniela (as in the perfecta but not in order), and trifecta (win, place, and show winners in order in one race). Other specialty wagers, sometimes offering extremely…
Read More