The terms "win," "place," and "show" refer to common types of straight bets in horse racing:

• Win bet : You bet on a horse to finish first in the race. You only win the bet if your horse crosses the finish line first

• Place bet : You bet on a horse to finish either first or second. Your bet wins if the horse finishes in either of these top two positions. This bet offers a better chance of winning than a win bet but usually pays less

• Show bet : You bet on a horse to finish in the top three positions-first, second, or third. This bet has the highest chance of winning among the three but generally pays the least

If you place an across-the-board bet , you are effectively making three separate bets on the same horse: win, place, and show. Your payout depends on how the horse finishes:

• If the horse wins, you collect payouts for win, place, and show.
• If the horse finishes second, you collect place and show payouts.
• If the horse finishes third, you collect only the show payout

Minimum bet amounts are often $2 for each of these wagers at most tracks or online sportsbooks

. In summary:

• Win = horse must finish 1st.
• Place = horse must finish 1st or 2nd.
• Show = horse must finish 1st, 2nd, or 3rd.

These bets are straightforward and popular for beginners in horse race betting