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Ask @dominiqueboeuf : What are some advice to bet when you're a beginner in horseraces?

Ask @dominiqueboeuf : What are some advice to bet when you're a beginner in horseraces?
Hello Jack,

I don't know anything about bets. I know that there's a win, place, show...
Don't ask me to bet, I don't know how to do it ;-)

I sometimes play with my friends to add some fun to a day but that's it. We bet on a horse we found beautiful ;-).

I understand that people likes to play, it's thrilling! During the race, we think that we own the horse.

Dominique