A "WIN" bet is just what it sounds like:
betting that the horse you pick will win the race.
You win if the horse wins.
PLACE
For a horse to "PLACE" it must finish
the race either first or second. This bet generally
pays less than the win bet but it gives you two
chances to win instead of just one.
SHOW
For a horse to "SHOW" it must finish the
race either first, second or third. This bet generally
pays less than either the win or place bet, but
it gives you three chances to get a return for your
investment.
ACROSS THE BOARD
This is a quick way to say that I want to bet a
horse to finish in any of the first three positions
etc. ($2 Across The Board = $2 to win, $2 to place,
and $2 to show). If the horse wins you collect all
three bets. If the horse finishes 2nd then you collect
the place and show bets. If the horse finishes 3rd
then you will only collect the show bet. For
A Group Try The SHOW PARLAY
This is always fun to do when you are at the track
with a group of friends. Each participant contributes
to the pool of betting money (i.e. $5). You elect
a captain to make the wager. Everyone participating
gets to vote for their choice of the horse to show.
You place the bet on the horse that gets the most
votes. If the horse finishes in the top three positions
you add the winnings to the pool of betting money
and select another race to do the same thing.
Remember that it is not a good idea for this parlay
bet or any other bet to attempt to play every race
on the card. Some races are much harder to determine
the winners. These races should be passed and save
your money for better opportunities. As with most
everything in life it is more fun to win than lose.