A place bet is a type of wager commonly used in horse racing, where the bettor bets on a horse to finish in one of the top positions, typically first or second. Unlike a win bet, where the horse must finish in first place to win, a place bet allows for more flexibility, as the bettor can still win if the horse finishes in second place. The payout for a place bet is usually lower than for a win bet, as the likelihood of winning is higher. The rules for place bets can vary slightly depending on the specific event or track.

Kahulugan at ibig sabihin ng "place bet"sa English

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