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A place bet in horse racing is when you bet on a horse to finish in either first or second place. This differs from other types of bets, such as a win bet where you only win if the horse finishes first, or an each-way bet where you win if the horse finishes in the top few positions.

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Q: What is a place bet in horse racing and how does it differ from other types of bets?
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Related questions

What does to be placed mean in horse racing?

The place spot in horse racing would be considered second place.


What does it mean to "place" in horse racing and how does it differ from winning or showing?

Placing in horse racing means finishing in either second or third place. Winning is finishing first, while showing is finishing in either first, second, or third place. Placing is important because it still earns a prize, but not as much as winning.


In horse racing what is Flat Racing?

Racing that does not take place over obstacles such as fences or hurdles


What sport takes place in flemington?

Horse racing


Where can one participate in horse racing handicapping?

Free horse racing tips There is a site with free horse racing selections but this is for New Zealand and Australian horse racing with the odd UK meeting thrown in. Do a google search "Melbourne Cup Method."


In what place did the KY derby start?

In Louisville, Kentucky. Louisville is most commonly known for horse racing, and is one of the sites for the triple crown.


In horse racing must a horse with jockey pass through the finish line or just the nose touching the line is the winner?

"Win by a nose" is a horse racing term -- and means that the lead horse was just a little bit ahead of the second place horse. Therefore the horse that has his nose to the line first wins.


Can you show me how to place a bet in horse racing"?

To place a bet in horse racing, you need to go to the betting window at the racetrack or use an online betting platform. Choose the type of bet you want to place, select the horse(s) you think will win, and specify the amount you want to wager. Pay for your bet and keep your ticket until the race is over to see if you win.


What are dates for Kentucky horse racing?

The Kentucky derby takes place on the first Saturday of every May.


What is another name for a prize in horse racing?

They some time refer to First Place as a "Run for the Roses".


Which sport do the first three place getters weigh in?

Horse racing


Where horse racing is most popular in the world and how?

No , auto racing and soccer are the most attended sports world wide. Actually, there are no official statistics for the global attendance of horse racing. However, there is a very strong case to be made that horse racing is, indeed, the most attended sport in the world. Horse racing is very popular across 6 continents and routinely ranks among the most popular sports in those countries where statistics are compiled. In addition to the many large horse racing venues located in/near the world's major cities there is an uncounted universe of smaller tracks serving towns and villages across the globe. Horse racing gains a particular attendance advantage over other sports due to two major factors. Firstly, the legal gambling aspect attracts many people and the betting activity conveniently takes place within the racing facility. Secondly, unlike most other sports, in most countries horse racing knows no off-season. Wherever you are in the world, winter, spring, summer or fall, a horse race is likely within a reasonable driving distance.