How does a place bet work in horse racing?
How does a place bet work in horse racing? A place bet means the horse needs to finish second or first. You win based on where the horse actually finishes, with exact selections paying out larger sums. "A win bet pays more because your horse has to win first place, as opposed to a show bet where a horse can place first, second or third," Mikkelson said. What does Placed mean on Betfair? Put simply, to win a place only bet, the horse needs to finish in one of multiple positions. In a win bet, however, the horse must win,...