At the horse track, the terms “win,” “place” and “show” refer to the first three horses that cross the line when the race is over. These are the so-called “straight bets” that you can place at the horse track. You can also combine these into the so-called exotic bets in horse race betting, but looking at these 3 places is a good beginning for people who are new to pari-mutuel betting on horse racing. If you bet on a horse to win, you expect that horse to come in first. Betting to place means that you’re betting on the horse to finish first or second. Betting to show means that you’re betting on the horse coming in first, second or third. Obviously, betting on a horse to win has a higher payout than betting on a horse to show, because betting to win only pays off with one result. There are many different outcomes that can lead to a winning ticket in that instance.
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