The payout is not as outrageous, but they are some of the most straightforward bets to make with a simple payout structure if it is any consolation.
If you are new to the world of horse betting, the Win Place Show bets are an excellent place to start. By the end of this guide, you will have familiarized yourself with everything you need to know about the Win Place Show bets.
A win bet means you bet on a horse that you think will win. You get a payout only if your Horse finishes first.
A place bet means you bet on a horse to come in the first two positions. You get a payout if your Horse comes either 1st or 2nd, and the payout will be smaller than the win bet.
This result is because the top two finishers share the pool money. A show bet means you bet on a horse to come in one of the first three positions. You get a payout if your selected Horse comes either 1st, 2nd, or 3rd, and the payout is even smaller than the place bet.
It is smaller because all the three-position finishers share the pool money. A substantial advantage of these bets is that most racing tracks will display the odds of the Horse on the field board. These odds will help you calculate your payout range before even placing your bet. This calculation is not possible with most other bets, where you know your payouts usually after the race. You could also calculate the highest payout.
Since 2 is now the winner, his payout line is switched to the top of the chart. That is because the same two horses finished in the top two positions, just in reverse order. Because more total money was bet on 6 the new 2 nd place horse to place than on 8 the former 2 nd place horse. This is reasonable, considering that the Win odds on 6 are , while the Win odds on 8 are Generally the amount of money bet on a horse is proportionate between the Win, Place, and Show pools.
The simple reason why the payout is less for Place and Show wagers compared to Win is that the payout pool is being divided by two horses for Place and three horses for Show. Unless of course you bet on the favorite, which is another story! For example, Racing has several articles about the basics of Horse Racing. And Meet The People has interviews with trainers e.
Christophe Clement , Jockeys e. Gary Stevens , and on-track personnel e. Maggie Wolfendale. So you want to partake in some pari-mutuel wagering? Instead, you are betting your horse against every other bettor. Let the best man win! Win Place Show bets are commonly called straight wagers and are the most traditional in horse racing.
They are lower risk bets compared to exotic wagers like Exactas and Trifectas. These wagers are a good place for the novice horseplayer to jump in. But remember, you only collect the Show payoff.
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