What does a place mean in horse racing betting?

Answer 1

In horse racing, the horse must finish in the top two, or three, or four of a particular event. If the selection you have placed a bet on is among those places, you will win. As a general rule, in larger races, a horse must finish in the top three but in smaller races, the selection may need to finish in second, or even first, place. To learn more about betting, please follow the Betfair link below.

Answer 2

The horse finished 2nd.

The 3 types of "flat bets" are:

• Win (you bet your horse will finish first)
• Place (you bet your horse will finish second of first, you win if it does either)
• Show (you bet your horse will finish first, second or third; again, you win for any of the three)

Answer 3

Win Place Show

To place means to finish second.