place or show betting; betting on a horse to finish in the top two or three
A horse racing term. A bet that wins if the selected horse finishes in the top two (for races with 7 or fewer runners) or top three (for races with 8 or more runners).
If you buy a ticket with a place bet, it wins if the horse finishes second or within the top three.
He only bets on place or show, buying tickets conservatively.
place bet; show bet
複 (compound, multiple) + 勝 (win). The term refers to a bet that wins under multiple (top two or three) finishing positions.