{"id":1615,"date":"2020-12-30T08:49:54","date_gmt":"2020-12-30T08:49:54","guid":{"rendered":"https:\/\/betvisa888.com\/?page_id=1615"},"modified":"2021-02-14T12:27:25","modified_gmt":"2021-02-14T12:27:25","slug":"place-bet","status":"publish","type":"page","link":"https:\/\/betvisa888.com\/betting\/types-of-bets\/parimutuel-bets\/place-bet\/","title":{"rendered":"Place Bet"},"content":{"rendered":"\n
\n

Backing a horse to win outright<\/a> is a difficult task. Backing a horse to finish in the top few positions seems a little easier though, right? Well, with a place bet<\/strong>, you can exactly do that.<\/p>\n\n\n\n

Place betting<\/em> is extremely popular among punters and there are many potential advantages that come with placing a bet of this nature. Using place bets is a good way to hedge risk<\/strong> in a bettor's overall strategy.<\/p>\n<\/div><\/div>\n\n\n\n

\n

What Is a Place Bet?<\/h2>\n\n\n\n

A place bet is a type of pari-mutuel wager<\/a> in which you pick a horse to be placed within the race.<\/strong> This is opposed to backing a horse to win the race outright. This usually means that your horse needs to finish either first, second, or third for your bet to win.<\/p>\n\n\n\n

So instead of backing a horse to win at 7\/1 for example, you could decide to take reduced odds for the horse to finish in the first three positions. Each race will have different stipulations dependent on a few factors.<\/p>\n\n\n\n

Place Betting Rules<\/h3>\n\n\n\n