It means that the horse is up for purchase. It’s the process that results from the “buyer” paying a small amount of money for the horse up front, but then buying the horse on the open market. If the horse wins a race, the buyer decides the price the horse should be bought at.
When does boxing a horse match?
The horse-battler usually will have to win the match, so if you want to bet on it, it’s a good place in which to do so. If the horse wins, we call the match. The “buyer” is in between the match and the “bet”, which is the sum of the money that the bettor is willing to pay (that is, the “purchase price”).
What is the difference between the “buyer” and “bettor”?
The “buyer” is someone who is willing to pay large amounts of money. The “bettor” is the person who is willing to make the payment, and the “price” is the sum of the money that will be paid (to buy the horse) when the horse will win.
Can the bettor make money without betting?
A bettor can win the match, but it will take a little time for the bettor to make money, meaning the bettor has to come back more often and win some more money. If your horse has won a race, and the bettor is willing to pay a higher price to buy the horse, then the bettor will win the race, since the betting player’s loss is the difference between the price that was agreed upon (the “buyer’s” price) and the actual price that was paid (the “bettor’s” price).
What is the “purchase price”?
The “purchase price” is the sum of the money paid by the “purchase bettor” who wanted to buy the horse at the “buyer’s” price and the money paid to buy the horse at the “bettor’s” price.
What about betting the horse on the field?
If we’re able to buy a match, we will buy the horse and put it up. If something happens on the field, we can bet on it.
What happens for one bettor if his horse runs away and he doesn’t want to buy him back, can occur for two betsor. Can I make more than two bets?
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