What is win, place, show in horse racing?

Question

What is win, place, show in horse racing?

Answer 1

first second and third ,respectively.

Answer 2

First of all, a win bet requires that your selection finishes FIRST in the race.

A PLACE bet requires that your selection finishes FIRST, SECOND or THIRD.

When there are only five, six or seven starters in the race, PLACE dividends are only paid for FIRST and SECOND.

There is no PLACE betting when a race has less then five starters.