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Can anyone explain what the "Lay the Place" betting system in horse racing is?

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Can anyone explain what the "Lay the Place" betting system in horse racing is?

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  1. They are selling this system, but dont buy it. They just want to win money. I am not sure this systems they are selling actually work.


  2. The betting policy is asking if the horse will win, place, or show.

                               Win- 1st place

                               Place- 2nd place

                               Show- 3rd place

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