Definition of place bet in English:

place bet

Line breaks: place bet

Entry from British & World English dictionary

noun

1(In the UK) a bet on a horse to win a place in a race, usually first, second, or third.
1.1(In the US) a bet on a horse to come first or second.

Derivatives

place betting

noun

Definition of place bet in:

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Pronunciation: ˈgəzəl
verb
eat or drink (something) greedily