what does nose mean in sport betting

[Roman]

choosing to back a horse "just to win" as opposed to going all-in. Each way betting involves placing bets on a horse for both the win and the paid positions, which are typically second to fourth depend upon the category of race. Your stake is divided between the two bets. Therefore, unless you double your stake, you bet less cash on the winner with each outcome. On the nose, your entire bet is placed on the winner.

 

[Julio88]

choosing to back a horse "just to win" as opposed to going all-in. Each way betting involves placing bets on a horse for both the win and the paid positions, which are typically second to fourth depend upon the category of race. Your stake is divided between the two bets. Therefore, unless you double your stake, you bet less cash on the winner with each outcome. On the nose, your entire bet is placed on the winner.

Nose is a strategy in horse racing that can be quite risky for the gambler given that it can reap extreme benefits or be absolutely catastrophic in terms of financial loss. It is analogous to the all in bet in poker