place money

noun

Money wagered on a horse, etc. to come second or third in a race, rather than winning it.

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Meanings

nounplace money (uncountable)
  1. uncountablegamblingMoney wagered on a horse, etc. to come second or third in a race, rather than winning it.
  2. uncountablegamblingThe payout on such a wager.

    Not only did I collect on the double; I had the win and the place money as well.

    2005, Kenneth Brown, ...and I Survived: A Barnardo Boy's Memoir, page 55
Cite this entry
APA

place money. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/place%20money

MLA

“place money.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/place%20money. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “place money,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/place%20money.

Source: place money on Wiktionary, CC BY-SA 4.0.