A show wager is when you wager on your horse to show (finish first, second or third)
For example, if you wager on the 3 horse at Saratoga to show on race 4, your horse must come in either win or finish second or finish third. The payout on place bets is the same regardless of the horse's finishing position (first, second or third). Any other finish will result in a loss, unless the result for either first, second or third place is a Dead Heat. A Dead Heat means your horse and one or more horses tied for a position. For Dead Heat, wagers will be paid out at the track odds.