Betting on horse racing isn't a complicated procedure. Most often, you place your bet, take your ticket, and tear it up when your bet doesn't pay off. However.
A Win bet is simple. You cash if your horse wins. If you wager on a 5/1 shot and it wins, your ticket will be worth If you wager on a horse to Place.
The way fans bet on horse racing is called "pari-mutuel wagering". Betting to win, place and show (three separate bets) $2 across the board on Number 1 is. Proven Horse Race Betting System