place bet

(redirected from place betting)
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Noun1.place bet - a bet that a horse will finish a race no worse than second
wager, bet - the act of gambling; "he did it on a bet"
References in periodicals archive ?
Your selections needs to be placed as follows: Up to 4 runners - no place betting.
TOTE chairman Peter Jones is to stake pounds 4m on British punters as deductions for win and place betting are slashed this week.
THE TOTE yesterday revised Place betting rules in an effort to end the possibility of punters staking money in circumstances where they have no chance of winning.