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1. **Win bet**: This is a bet on a horse to win the race. If the horse comes in first ♠ place, the bettor wins the amount stated in the odds.
2. **Place bet**: This is a bet on a horse to ♠ finish either first or second. If the horse comes in first or second place, the bettor wins the amount stated ♠ in the odds.
3. **Show bet**: This is a bet on a horse to finish either first, second, or third. If ♠ the horse comes in first, second, or third place, the bettor wins the amount stated in the odds.
4. **Across the ♠ board bet**: This is a combination of win, place, and show bets. The bettor bets on a horse to win, ♠ place, and show. If the horse wins, the bettor collects on all three bets. If the horse comes in second, ♠ the bettor collects on the place and show bets. If the horse comes in third, the bettor collects on the ♠ show bet.
5. **Exacta bet**: This is a bet on a horse to win and another horse to come in second ♠ in exact order. If the horses come in the exact order, the bettor wins the amount stated in the odds.
The Independent Betting Adjudication Service (IBAS) is a gambling-specialist
Alternative Dispute Resolution (ADR) Service. It adjudicates on disputes between
licensed 🍏 gambling operators and their customers.
Visit IBAS's website (opens in new
tab).
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