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Betting Odds Explained - Horse Racing
https://www.horseracing.co.uk/betting/odds/
The 2-1 is basically self- explanatory but it is amazing just how many novice bettors get confused by odds like 15-8, 7-4, 100-30, 11-8 and so on. The process to work this out is simple. We already know that odds of 2-1 simply mean taking the first number which is 2 and then dividing it by the second number which is 1.
Understanding Odds - Racing Explained
https://www.racingexplained.co.uk/betting/understanding-odds/
In spoken form this is “Four-to-one” and sometimes this can be written as: 4-1. Odds are just maths. To illustrate some examples, let’s call each number a unit. So: 4/1: For every 1 unit you stake, you will receive 4 units if you win (plus your stake). 7/2: For every 2 units you stake, you will receive 7 units if you win (plus your stake).
What Do Horse Racing Odds Mean? | The Racing Forum
https://theracingforum.co.uk/racing-articles/what-do-horse-racing-odds-mean/
Understanding odds is probably the first thing they should learn for newcomers to horse racing or those relatively new to go off horse racing betting. Seeing the list of payouts or potential payouts can be perplexing; for example, the first time seeing the odds of 9-2 against a horse or a pari-mutuel payoff of $6.00, you may be unable to ...
Betting Odds - Explained in Detail - British Racecourses
https://www.britishracecourses.org/betting-odds/
In the UK bettings, odds are typically displayed in a fractional format, for example, 3-1 (or three to one chance). This means that the likelihood of that outcome is one in every three times. ... Fractional odds are the oldest forms of odds for horse racing and they are still the preferred format used in the UK in shops and on UK racecourses.
Horse Racing Odds Explained | TVG | Tools for Informed …
https://www.tvg.com/promos/horse-racing-betting-guide/horse-racing-odds-explained/
Find out what horse racing betting odds really mean, how to work them out, and how to keep them in your favor as part of TVG's guide on horse bets.
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