Horse Racing
At all official horse races, there is a gambling station, where gamblers can stake money on a horse.
The three most common ways to bet money are:
- Bet to win
- Bet to place
- Bet to show
Bet to win (from which founders inspired the brand name www.bwin.com the betting company) means that you stake money on the horse, and if it comes in first place, the gambler will receive the money.
In bet to place, the gambler will stake money on the horse to come in first or second place, and if the horse does, the gambler wins money, but not as much as he would have if he had bet the horse to win.
Bet to show means the gambler stakes money on the horse to come in first, second, or third. If the horse does, the gambler wins money, but not as much as they would have if they had bet on the horse to win or to place. In betting to place and betting to show, there is less risk of losing money.
