If you’re visiting a racetrack for the first time and are ready to lay down some cash on the ponies, ABR’s Dan Tordjman has three basic bets to get you started: win, place, and show.
Bet on a horse to win and if it crosses the finish line first, you’re cashing. If you like a horse but want a safety net, bet it to place and you’re set if it finishes either first or second. Betting to show covers first second and third, so a top-three finish means your ticket is good. If you feel most comfortable betting to show, try to make those wagers on horses with long odds to improve your payout.
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