Horse Racing Odds Explained

copyright Agameofskill.comBetting on horse racing can be very threatening for people who don’t understand how all this operates and what all of these numbers mean, But once you’ve learned the basics of horse racing chances, it couldn’t be easier. If anything, it can be even easier to understand than other forms of sports betting due to transparency.

The two formats used are decimals and fractions when looking at the odds (price) of a horse. Betting exchanges operate in decimals while betting firms with fixed odds generally operate infringements.

It can be challenging to find out how horse racing bets work with complicated, ever-changing winning rates and various types of bets. As a result, how do you decide which horse to wager on and how much to win? In this simple guide, everything is revealed to understand betting odds for horses. And if you’re looking for tips for betting on horse racing, Winners Enclosure can give you some great advice.

How Do Odds Operate?

The second number always suggests the stake when determining the returns of a fractional bet, and the first number denotes what the profit will be if the bet wins.

Take an example of 4/1. If you’re staking …

Share this with your horse racing friends
Handicapping tips from agameofskill.com

Subscribe

* indicates required





Email Format


About Editor

Rich Nilsen is a 19-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 of the NHC twice. A former executive with Brisnet.com and a member of the NHC Players’ Committee, Rich is a graduate of the University of Louisville Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

Speak Your Mind

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More in Learn to Handicap, Horse Racing News
N.J. legalized sports betting a year ago to help save Atlantic City and horse-racing. Has it paid off?
N.J. Legalized Sports Betting. Will it Challenge Nevada? Help Horse Racing?

Exactly a year ago, Gov. Phil Murphy traveled to Monmouth Park racetrack in Oceanport and made history by placing the first legal sports...

Close