bet types in horse racing

[Roman]

You have a wide variety of wagering options for horse races. Horse racing lovers enjoy the variety of options that betting on the horses offers, but a novice may find the variety of bet types as well as the names of some bets to befuddle him or her.
The goal of each sort of wager is the same, though: you lay money on a horse or horses to end in a certain position, and if your prediction comes true, you win.

 

[Hasan77]

There are various types of bets you can place in horse racing. Here are some of the most common bet types:

Win: This is a bet on a horse to win the race. If the horse finishes first, you win the bet.

Place: This is a bet on a horse to finish in either first or second place. If the horse finishes in either of these positions, you win the bet.

Show: This is a bet on a horse to finish in either first, second, or third place. If the horse finishes in any of these positions, you win the bet.