How do you make a $2 bet on a horse?
A bet on a horse to finish third in a race. The bettor wins if the horse finishes first, second or third. How to make this bet: “Churchill Downs, Race 7, $2 to show on 5.” Three equal win, place and show bets on a horse in a race, hence this bet also is known as Win Place Show. A $2 bet across the board would cost $6.