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place bet

place bet

9 4.2
A bet on a horse where you win if it finishes first or second
  • noun
  • Jargon
translation icon : apuesta
  • At the racetrack, she decided to place a bet on the favorite horse to win.

Examples

  • Also supporting Cohen's case is the fact that World Sports Exchange requires customers to have an open account in Antigua before they place bets.

    Academic text (2000)
  • Scotty: You can place a bet on any game, college or pro, up until noon the day of the game.

    Fiction book (1998)
  • If you want me to place a bet for you, let me know tomorrow.

    Fiction book (2000)
  • Once all this is clear to you, you will be on your path to making wins each time you place a bet.

    Blog text (24)
  • Where did she go to place a bet, anyhow?

    Fiction book (1991)
  • Well, the way it works is I have an 800 number people can call if they want to place a bet.

    Fiction book (2000)
  • And I want to place a bet on tonight's fight.

    Fiction book (1990)
  • A recent survey found that by the age of 15, more than 80 percent of teens have placed bets.

    Fiction book (1998)
  • The majority of them feel most comfortable wagering with friends, while some of the more daring ones place a bet against their spouse!

    Blog text (24)
  • They loved going to the races and placing bets on horses; in moderation, naturally.

    Fiction book (2000)

Surface Forms

place bet singular
place bets plural

Morphology

place + bet

The compound is compositionally built from 'place' (to achieve a finishing position) + 'bet' (a wager), so a learner who knows both words can infer it is a wager about a competitor's finishing position. However, the precise convention that a 'place bet' pays if the horse finishes first or second is a domain-specific rule of racing and not predictable from the constituents alone, so full understanding requires exposure.

Etymology

The noun place bet comes from horse racing: to place means to finish in a top position. A place bet wins if the horse finishes 'first or second', so it is seen as a safer choice than a 'win' bet.