Horse Racing SHOW Bets
This is a bet on one horse making either first, second, third or fourth place.
The Show bet is very similar to the Place bet - betting on a horse coming in first, second or third - with the added chance of winning on the fourth place. This type of bet is very popular among American bettors but infrequently used on the British race course.
As with the Place bet, the odds of a Show bet are much lower that the odds of specific bets.
For example the race card might name the odds Samurai Surprise – 5/1; meaning that a win bet on Samurai Surprise would pay-off £5 for every £1 wagered if the horse wins. However at the bottom of the race card you will find a separate field naming the odds for a show bet – see also Place bet, it will look pretty much the same - , which are uniform for all horses regardless of their individual odds. Mostly the odds for a show bet will be slightly lower than those for a place bet – around 1/5 - meaning that for every £5 wagered you will get £1 pay-off if the horse places anywhere between first and fourth.
In the case of Samurai Surprise, it would mean the following:
If you place i.e. a Win bet of £2 on Samurai Surprise and the horse is first over the line you receive a pay-off of £10 plus your £2 back. If you make a Show bet of £2 on the same horse and he wins, your pay-off will be 40 cents plus your £2 back because of the 1/5 show odds. To get a reasonable pay-off on a Show bet, you need to wager substantially more than on a Win bet. However, while it may not be as high a pay-off as some other types of bets promise, you have not one but four chances of receiving it if you place a Show bet.