Betting Guide

Betting Guide

The Downs’ Guide To Wagering

Betting the ponies is not as difficult as many think. It just takes a little time and experience. The following information is designed to assist the casual race fan and the newcomer with the terms and strategies used in horseracing.


Pari-Mutuel Wagering

A French term, meaning, “Wagering amongst ourselves.” So horseracing fans are wagering against each other, not the racetrack.

When you place a wager, the track merely “handles” the bet, and places the money into a betting pool, computes the odds based on all the amounts wagered on the individual horses, and of course pays off the winners according to those odds.

Each type of bet has it’s own pool and the track receives a commission for handling the wagers. The commissions are used to pay the State, the purses for the Horsemen, owners and The Downs itself. The rest (usually 80%) gets paid out as winnings.

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Fine Dining

The Crown Room is an elegant dining
experience tucked away in a quiet intimate
setting inside the New Downs.

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  • Over 700 casino slots
  • Live horse racing (seasonal) and daily simulcast racing and wagering
  • Live entertainment and 33 screens in the First Turn Lounge
  • Dining at its finest in our Crown Room
  • Casual dining in our Food Court and Downs Café

About the Downs

145 Louisiana Blvd. NE
Albuquerque, NM 87108

Phone: 505.767.7171

Mailing Address:
PO Box 8510
Albuquerque, NM 87198

Hours of Operation

Building opens daily at 9:30am

Casino Hours:
Sunday: 10:00am to 1:00am
Monday: 10:00am to 1:00am
Tuesday: 10:00am to 1:00am
Wednesday: 10:00am to 1:00am
Thursday: 10:00am to 2:00am
Friday: 10:00am to 4:00am
Saturday: 10:00am to 4:00am