The bet type is most popular with horse racing, and it’s here where we’ll dedicate the majority of this guide.
The top two spots in the race/event are known as a “place” in the US, but it’s worth noting that in other countries, the place can include the top three or even more spots, depending on the number of different runners. What is a Place Bet?Ī place bet is where your selection needs to finish either 1 st or 2 nd. In this guide, we’ll walk you through how the bet works, variations of the market, and the strategies you need to make your wager more profitable. Even though it’s an easy bet, becoming a consistent winner from the place bet requires a lot of skill.
The place bet is one of the most popular markets to bet on, especially for sports such as horse racing, where it’s only beaten by the outright winner market.