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Understanding the horse betting odds in easy and simple …
Understanding Horse Racing Odds Australia
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Horse Racing Betting Odds
horse racing Horse Racing Betting Odds Compare the odds on every horse race in Australia and New Zealand as well as key international race meetings in the UK, Ireland, South Africa, Singapore, Hong Kong and more! Our odds comparison tool compares fixed price odds from all the leading bookies as well as TAB odds and the Betfair exchange.
Odds - Champion Bets - Win with Australia's best Horse …
Odds. All betting is maths: the odds (or the price) for a bet are simply the market’s take on the likelihood of the bet winning. The longer the odds, the less chance the selection is thought to have of winning. When it does win, you get paid out more. There’s actually a few different ways which prices are expressed, in a mathematical sense.
Betting Odds Explained: Guide To How Betting Odds …
Horse racing betting odds are primarily fractions when it comes to mathematics. In the case of a horse priced at 10-1, the price can be read as 10/1. Additionally, a horse’s price can be expressed as 3-5, which can be read as 3/5. The fraction expresses the relationship between the amount of money you stand to win and the amount of money you lose.
Odds Formats - Australia Sports Betting
Below is a comparison of the most popular odds systems. The equivalent odds are provided for the following examples: Example 1 represents a bet that provides a 150% total return. A winning $10 bet would return $15 for a $5 profit. Example 2 represents a bet that provides a 300% total return. A winning $10 bet would return $30 for a $20 profit.
Horse Racing Odds: How to Read Odds & Calculate Payouts
Odds are simply the way prices and payouts are shown at a horse track. The numbers displayed as 4-7 or 2-5 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. So, if the odds are listed as 2-1, you’ll get $2 for every $1 you bet.
Odds Comparison | Compare Australia's Best Betting Odds
Australia's fastest odds comparison service. Compare bookmakers, TABs and betting exchanges across horse racing, greyhounds and harness. Bet Type Win Place bonus bet amount 1. Banca Tom (6) J: Georgie Catania 58.5kg 2. Gee Gees Joe Blow (14) J: Taylor Johnstone 58.5kg (a3) 3. Lacerate (13) J: Ismail Toker 58.5kg 4. Move Like Jagger (9)
What Do Horse Racing Odds Mean? | Betting Guides
When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9.
Understanding Odds - Racing Explained
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).
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