Known as an “Across the Boards” bet in horse racing, the win-place-show bet is very similar to the show bet. The bettor must select a single horse to either win, place, or show. If the horse does win, places, or shows, you win the bet. The minimum stake for a Show bet, a Win bet, or a place bet is $2. So, the minimum cost for a Win Place Show bet will be $6. Now, when it comes to payout, if your horse is first, you collect on win, place, and show. If your horse is second, you collect on place and show. So, if it finishes third, you will only collect the show part of your bet.