What Does Place Mean in Horse Racing Explained

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December 26, 2025 Australia, Melbourne, Melbourne 15

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Wondering what does place mean in horse racing and how it affects your bets? In horse racing, a place bet means your horse must finish within the top positions, usually first or second, depending on the race and number of runners. Knowing what does place mean in horse racing can seriously boost your betting confidence and reduce risk compared to win-only bets.

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