What is each way in horse racing?

Answer 1

The ways of betting on horses are (Most require a $2 minimum bet):

Win
Your horse must finish first to collect.

Place
Your horse must finish first or second to collect.

Show

Your horse must finish first, second or third to collect.

Exacta
You play two horses. They must come in first and second in EXACT order to collect.

Exacta Box
You play two horses. They must come in first and second in EITHER order to collect. ($1 minimum wager at most tracks.)

Trifecta
You play three horses. They must come in first, second, and third in EXACT order to collect.

Trifecta Key
You play three horses. You chose one horse to win, called the key horse, who must come in first followed by the other two horses second and third in any order to collect. You may play more than two horses in second and third, which means any two of those horses can finish in those positions and you will win. ($1 minimum wager at most tracks.)

Trifecta Box
You play three horses. They must finish first, second, and third in any order to collect. ($1 minimum wager at most tracks.)

Superfecta
You play four horses. They must come in first, second, third, and fourth in EXACT order.

Superfecta Box
You play four horses. They must finish first, second, third, and fourth in ANY order. Since this has multiple wagers in combination. ($1 minimum wager at most tracks.)

Superfecta Key
You play four horses. You chose one horse to win, called the key horse, who must come in first followed by the other three horses second, third, and fourth in any order to collect. You may play more than three horses in second, third, and fourth, which means any three of those horses can finish in those positions and you will win. You play four horses. They must finish first, second, third, and fourth in ANY order. ($1 minimum wager at most tracks.)

Answer 2

one guy givs money and you feed on it

Answer 3

bet to win and place (2nd)