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PLACE– When you bet on your horse to “place,” you’re betting that he will come in first OR second. If your horse finishes in first or second, you get to collect. Payout for a place bet is less than a win wager, but you do have the security of being able to cash in if your horse finishes in the top two spots. After Kate and I got hitched, her parents would take us to the horse races every other summer or so, and even gave us poor newlyweds a little scratch to bet with. Continue reading “How To Bet On Horse Racing”
