Place Horse Bets Online Racebooks Horse Betting Wager Types

horse racing So you have a horse that you are in love with, let's call her Horse A. There are good odds for her to win and you've done your research at Online Racebooks. But there's another horse you have noticed that is running strong and has gained momentum in recent weeks. There is a fairly good chance that Horse A will win, but the increasing competition is leaving you with doubts. After all, many times there are a lot of variables during the race that determine the outcome and it's hard to surf through the jumble of stats and rumors to really determine a horse's fate. This is the time a Place Bet is in order. This type of bet is an assertion that you know Horse A is among the elite in the race, but other variables may inhibit her chances of a win. Betting for the horse to Place means you believe she will finish either first or second, and it will pay out if that's the case.

Place betting on horses is a much more flexible bet because it buys you a safety net. It allows you to win even if your favorite horse doesn't. A Place Bet is typically for those who are hoping to simply enjoy themselves at the track. Another possibility is when you have a hunch about a less-hyped horse that you believe will run good that particular day. Let's refer back to Horse B. He has that aforementioned momentum heading into the race and you believe he will sneak up and win. But Horse A is still the favorite and you're completely confident he can be beaten. Betting on Horse B to place gives you that lee-way to predict the big upset without having to come away empty-handed if you are wrong.


The return on said investment is slightly lower, however, because betting on a Place leaves far more flexibility. In contrast to a Win Bet, your horse does not have to win the race for you to leave with money in your pocket. This is best, as mentioned before, if there is a horse that you truly believe is the class of the race, and you are looking to make guaranteed money. It won't make you rich, but it won't break you either.

Best Racebooks For Placing Place Bets

Rank Online Racebook Reviews Racebook Bonuses Tracks Visit
1 DSI Racebook Review 20% to $500 / 8% Rebate Program 100+ VISIT
2 BookMaker Racebook Review 20% to $500 / 8% Rebate Program 100+ VISIT
3 CaribSports Racebook Review 50% to $250 / 5% Rebate Program 20+ VISIT
4 Bovada Racebook Review 20% - $100 / 3% to 5% Rebate 80+ VISIT
5 BetJamaica Racebook Review 100% to $100 / Up to 7.5% Rebates 120+ VISIT
6 Intertops Racebook Review 25% to $100 10+ VISIT