The show bet is one of horse racing’s three straight bets, classified alongside the win and place bets, as straightforward wagers not contingent on the performances of other horses. When the Show Bet is Useful in Horse Racing Show Betting Odds and Payouts When the Show Bet is Useful in Horse Racing. A Win-Place bet is a manner of horse racing betting that is much like a Place bet. The bettor is choosing a single horse in the race that he/she believes will Win or Place (finish in first or second). You're betting on: whether a named horse will win or place in a specified race. A Win bet is a single stake on the chosen selection winning the race. Alternatively, an 'each way (EW)' option is also available. An Each Way bet consists of two parts, the Win part and the Place part. Each part is an equal stake, i.e. £1 EW will cost a total of £2.

Win Place Show Bet Calculator

The basic types of wagers online are win, place and show wagering. If you bet on a horse to win, the horse must finish first. If you bet to place, the horse can finish first or second. The most conservative wager is the show wager where a horse can finish first, second. Across the board A fairly safe way of wagering is to bet a horse across the board, meaning you bet an equal amount to win, place, and show. A typical across the board bet costs $6, because it’s three different bets: $2 to win, $2 to place, and $2 to show. If your horse wins, you collect all three wagers.

Win Place Show, huh? So you want to partake in some pari-mutuel wagering? Don’t worry, that’s a fancy term that means “betting among ourselves”. When you place a wager on a horse race you are not betting against the “house” as you would be if you were wagering at a casino in Las Vegas or Atlantic City. Instead, you are betting your horse against every other bettor. Let the best man win!

What is a Win Place Show Bet?

How Does A Win Place Show Bet Pay

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. Let’s look at the different wagering requirements.

Win Place Show Betting System

The Three Different Win Place Show Bets

Win: If you wager $2 to Win on your horse, you collect only if your horse finished first.

Place: If you wager $2 to Place, your horse must finish first or second for you to collect. But remember, you don’t get the Win payoff, just the Place payoff, which is generally smaller than the win payoff.

Show: If you wager $2 to Show, your horse must finish first, second, or third. But remember, you only collect the Show payoff.

Many experts consider playing a horse to Win to be the best bet in horse racing. Before placing a Win bet a horseplayer can see the odds on the tote board and then determine if those odds represent good wagering value.

Win Place Show Bet Cost

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Win Place Show Strategy

A term you may hear tossed around at the track is an “Across the Board” wager. Here you are wagering on a horse to Win Place Show on one ticket. If your horse wins, you receive Win Place Show payoffs. If your horse finishes second, you receive Place and Show payoffs; and if your horse is third, you receive the Show payoff only.

These wagers would be considered “low risk” betting, at least compared to the rest of the wagering menu. There also is a lower “takeout” on these wagers. The takeout is the cut the track takes to pay purses and expenses. The “take” on Win Place Show wagers is generally around 17% depending on the jurisdiction. The takeout on Exactas and Trifectas can range from 19% to as much as 30% at some tracks.

Win Place Show Bet

Win Place Show Payout Examples

Here are a couple of examples of Win payoffs based on the odds you might see on the tote board:

2/1 pays $6.00
7/2 pays $9.00
9/2 pays $11.00
10/1 pays $22.00
(Based on a $2 win bet).

Horse Racing Betting Explained