Once you know how the race is going to be run and how the horses are likely to perform, you can start to think about what horse you should place your wager on. You should consider how the horses are likely to finish and what position they will be in. For example, if the top three horses are all going to be in the top three, you may find yourself selecting the first three horses based on who is in the lead, and the fourth or fifth horse depending on who has the best chance of winning . You can also place your wager on the top three based on the race, the length of the race and how much money you expect to win based on those three factors. It is best to stick with the top three and the odds on the amount you are likely to win and the amount you are likely to lose because chances are good that the horse that is placed second will probably win but the one that is placed third will probably lose.