Betting on Virtual Sport events is simple once you understand what each finishing order refers to:
Win - Predict the competitor who will finish 1st in the race
Place - Predict the competitor who will finish 1st or 2nd in the race
Show - Predict the competitor who will finish 1st, 2nd or 3rd in the race
First 2 - Predict the order of competitors who will finish in 1st and 2nd, in exact order
Note: The minimum bet amount varies by race and the max bet amount for any one to wager is $500.
PRO TIP:
If you want an easy (higher likelihood of winning) first bet, make a show or place wager on the competitor with the highest "to win" percentage - as this is the competitor that most people think is going to win - and you're placing a bet that he's going to come in first or second (Place) or first, second or third (Show). You won't make a ton of money on these types of wagers, but you're less likely to lose as well, and it gives you the opportunity to try betting with a higher likelihood of winning. You can move onto the more complex bets once you get a better understanding of how things work. ; )