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Horseracing Odds UK & Ireland Horse Racing On 7/1/2021 VideoUnderstanding Betting Odds in 5 Minutes
First Flow. Kim Bailey. Sizing Pottsie. Mrs John Harrington. Impact Factor. Bun Doran. Tom George. Le Patriote. Dr Richard Newland.
Gary Moore. Each Way Terms. Odds correct as of Odds subject to change. Saturday 10th April. Tiger Roll. UK Kempton. UK Southwell. IRE Clonmel.
UK Ffos Las. UK Taunton. IRE Dundalk. RSA Greyville. FRA Pau. FRA Vincennes. FRA Cabourg. JPN Urawa. JPN Sonoda.
JPN Kasamatsu. HK Happy Valley. IND Hyderabad. CHI Valparaiso. ARG San Isidro. USA Philadelphia. USA Gulfstream. USA Tampa Bay Downs.
USA Mahoning Valley. Are you one of them? Are you just placing bets blind and hoping for the best? We made this guide just for you! Here we will explain and simplify horse racing odds to make betting easier.
One of the surest ways people lose money on horse racing is not knowing how to bet or understanding the odds. To a beginner, all those numbers on the tote board and hearing all of the horse racing odds jargon can be pretty daunting.
Odds are simply the way prices and payouts are shown at a horse track. The numbers displayed as or tell you what you pay and how much you get back if the horse you bet on wins.
The first number tells you how much you could win, the second number is the amount you bet. Odds are displayed in one of two formats.
Decimal: This type of odd is recently introduced to the industry and is more commonly used in Europe. These are displayed in the format of 5.
To get your potential return, multiply the odd by your bet. If the odd is displayed at 5. These are published in either the program, racing form, or online at your sportsbook.
Either at the track on the tote board or on your online sportsbook, the odds will change depending on how many people are betting on each horse in the race up until post time.
Each race has a favorite. This is the horse most likely to win. Fractional odds can easily be translated to probability percentages.
Depending on the race and the rules of the racetrack, the minimum could be slightly lower. Before you even begin to place a bet, you need to know what the odds are of the particular bet you want to make.
One of the reasons why horse betting is difficult is because the odds fluctuate every time a bet is placed. This fluctuation is called pari-mutuel wagering, or pool betting.
This money goes to pay state and local taxes, payment for the horsemen, expenses at the track, and the track's profit. To calculate the exact odds on your horse, just subtract the take from the total pool, then subtract the amount bet on your horse to give you the amount of cash to be paid out.
Divide that figure by the amount bet on your horse to get the exact odds. This figure will always be rounded off to the nearest dime usually or nickel, as mentioned previously, before the payoffs are calculated.
Here is a simple example of win odds calculation:.Le Breuil. Payoffs use the actual odds and are rounded down to the nearest nickel or dime, depending House Games For Free the rules at that track. Nigel Twiston-Davies.