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second money

English translation: came in second at the race

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22:35 Jun 14, 2005
English to English translations [PRO]
Cinema, Film, TV, Drama / horse racing
English term or phrase: second money
This is a term related to betting at horse races, but that's all I know. Can anyone explain what it means? Is it like a second round of betting?

Here is an internet reference to provide context:

Fourth Race:1.Booming Economy 2.Honor Gulch 3.NetworkBOOMING ECONOMY broke a step slow and rushed up into trouble in his local debut but was still only beaten a length for second money behind odds on favorite.

Thanks in advance!
Agnes Douwes
Local time: 22:04
English translation:came in second at the race
Explanation:
You can bet win, place or show, i.e., 1, 2, 3 place in the race.

If you bet to show and the horse wins, you get show money, not the winning money. If you bet to win, and the horse places, you get nothing.

Too many years at the track :(
Selected response from:

jccantrell
United States
Local time: 13:04
Grading comment
Great, thanks for the explanation. Obviously I haven't spent enough time at the track yet...
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +7came in second at the race
jccantrell


  

Answers


4 mins   confidence: Answerer confidence 5/5 peer agreement (net): +7
came in second at the race


Explanation:
You can bet win, place or show, i.e., 1, 2, 3 place in the race.

If you bet to show and the horse wins, you get show money, not the winning money. If you bet to win, and the horse places, you get nothing.

Too many years at the track :(

jccantrell
United States
Local time: 13:04
Native speaker of: Native in EnglishEnglish
PRO pts in category: 40
Grading comment
Great, thanks for the explanation. Obviously I haven't spent enough time at the track yet...

Peer comments on this answer (and responses from the answerer)
agree  Nick Lingris: It shows.
2 mins
  -> Yep, can't even afford my own picture! Well, it was ONLY the kids' college tuition!

agree  Vicky Papaprodromou
13 mins

agree  Kim Metzger: For some reason, I associate being from New Jersey with knowing something about horse racing.
59 mins
  -> HEY! I resemble that remark!

agree  jennifer newsome
5 hrs

agree  ahmadwadan.com
6 hrs

agree  Refugio: I'll second that
16 hrs

agree  xxxAlfa Trans
17 hrs
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