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- Here are some common horse racing betting terms explained12:
- Win bet: A bet on a horse to finish first.
- Place bet: A bet on a horse to finish first or second.
- Show bet: A bet on a horse to finish in the money; third or better.
- In the money: A horse that finishes first, second, or third.
- Across the board: A bet on a horse to win, place, and show.
- Abandoned: A race that has been abandoned or canceled due to bad weather conditions.
- Accumulator: A bet involving one or more selections, each winning for the next selection.
- Backed: A term used on a horse on which multiple bets have been placed.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Win bet – A bet on a horse to finish first. Place bet – A bet on a horse to finish first or second. Show bet – A bet on a horse to finish in the money; third or better. In the money – A horse that finishes first, second, or third. Across the board – A bet on a horse to win, place, and show.www.americasbestracing.net/gambling/2020-bettin…Horse Racing Betting Glossary – Common Terms Explained for Beginners
- ● Abandoned – This is a race that has been abandoned or canceled due to bad weather conditions. The stakes that have been placed on abandoned races are refunded.
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WebJan 31, 2023 · Learn the common terms and betting terms used in horse racing, from allowance race to win bet. This guide covers racing and betting basics, such as post position, silks, chalk, and more.
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