Lost money on horse races that I didn't even bet

Playing horse betting. Had ~100,000 units, only bet 23,000, and won 12,000, left machine with only 83 units left.

Steps to Reproduce

Was betting on 3 different low probability horses to place 1st or 2nd
Betting with 1000 chips, maxed out number of bets to place.

What I expected to happen

Leave the machine with roughly 90,000 units

What happened

Lost basically all my units.

Notes / Media

Unit count on bottom of screen after relog
Screenshot 2022-09-16 120301
Unit count in pause menu after relog

Didn’t think to take any screenshots before leaving the lobby