Stakes Winner is a horse racing game released for the Neo Geo. Races can be entered by one or two players and involve eight horses struggling for victory; each of the eight horses given for selection is characterized by three parameters (named «abilities» in-game): speed, stamina, strength, all measured in stars from a minimum of one to a maximum of five.
Before the beginning of the race, while horses approach the starting point, the name of the circuit, course plan, prize money and circuit time record are displayed. During the race, the indicators on the screen are: the course plan (with a moving coloured circular indicator representing the position of each contender), the chronometric indication of time, the horse's energy bar with a line composed of three segments beside it: a red one (that means the horse is in its full strength), a yellow and a blue one (denoting lack of strength); a representation of the horse's face, which portrays its, more or less fatigued or strong status and how intensely it is running.
The game controls require the use of two buttons and the control stick or directional pad: one button controls the reins, for slight acceleration, which consumes a little of the horse's energies. The other one controls the whip, for sharp acceleration: this consumes the horse's force significantly. Should the energy be consumed entirely, racing will have to be given up for a while. Two rapid touches on the joystick or directional pad in the direction of travel allow to force away a horse blocking the player's road to victory; two rapid touches in the direction opposite to that of travel vigorously reduce speed.
Power-up items represented by icons placed on the course may be taken during the race, raising one of the parameters of the horse by one for some time, giving a temporary boost in speed, or partially restoring the horse. Weather conditions change from time to time: the drizzle may be an obstacle, worsening the status of the terrain. A real second corresponds to two seconds in game (therefore, for instance, a one-minute race will last half a minute).
After every stage, the track length, as well as the prize money awarded to the first three finishers are augmented. The series of levels are separated by training stages. If the player finishes in the first three places, they can progress to the next race. The player can choose what type of training to opt for.
The race courses proceed in the following sequence: * Maidens
Derby Stakes (the $1.300.000 prize money is mistakenly displayed as «$ 130.000»)
St. Leger (BC Classic in the original arcade game)
St. Leger (difficulty is now higher than the previous time)
Japan Grandprix (difficulty is this time higher than previously)
The game is identical to the original one in all of its fundamental aspects, save for a number of modifications to minor details: continues are still named «credits» and their quantity is indicated, likewise in arcade games, at the bottom of the screen. The console version presents fours levels of difficult: easy, normal, hard, MVS.