The three most basic horse racing bets — first place, top two, or top three.
Win (1st only), Place (1st or 2nd), and Show (1st, 2nd, or 3rd) are the foundation of horse racing betting. Win bets pay the most, Show bets pay the least but hit most often. These are pari-mutuel bets — the payout depends on how much money the total pool wagered on your horse, minus the track take (typically 15-20%). For beginners, win bets on favorites are the simplest entry point.
The three most basic horse racing bets — first place, top two, or top three.
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