The Rules Of Horse Racing - Types Of Bet The most common types of horse race bets are:-Straight bet (a.k.a 'Single' or 'Win' bet). This is a bet that a certain horse will win. For this, you are given definite odds. If your selection wins, so do you, receiving back the amount specified by the odds you accepted.Place bet. This is a bet that your horse will finish either first or second, and of course has worse odds than a straight bet.Show...... Similar Editorial : by mbpco.
