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Understanding Odds - Racing Explained
https://www.racingexplained.co.uk/betting/understanding-odds/#:~:text=%EE%80%801%EE%80%81%2F%EE%80%802%EE%80%81%3A%20For%20every%20%EE%80%802%EE%80%81%20units%20you%20stake%2C%20you,if%20you%20win%20%28plus%20your%20stake%29.%20Decimal%20odds%3A
Horse Racing Odds Explained: How To Read Horse …
https://www.bettingusa.com/racing/odds/
Horse racing odds are easy to use when they represent whole numbers, such as: 5-1 10-1 30-1 All you have to do is multiply your bet by the whole number to find your net profit. For example, a $2 wager at odds of 30/1 would return $60 in profits ($2 x 30/1). Add in the return of your original stake, and the return would be $62.
Horse Racing Odds: How to Read Odds & Calculate Payouts
https://www.amwager.com/blog/horse-racing-odds/
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 are displayed in one of two formats.
Horse Racing Jargon, Phrases and Language [Complete …
https://www.goodwood.com/horseracing/latest-news/horse-racing-jargon-phrases-and-language-complete-guide/
It depends on how many runners there are. 1-4 runners mean you will only win money if you pick the winner, 5-8 runners mean there are 2 places, …
How to read horse racing form: The definitive guide
https://www.bethq.com/how-to-bet/articles/how-to-read-horse-racing-form
Numbers 1 - 9 indicate the horse’s finishing position if it finished in the top nine The number 0 indicates that horse didn’t finish in the top nine The – symbol …
What Do Horse Racing Odds Mean? | Betting Guides ...
https://www.twinspires.com/betting-guides/what-do-horse-racing-odds-mean
This means when you bet $2, the total return if the bet is successful is $9. Similarly, if a horse is at even money (ie 1-1), it’s $2 profit for every $2 invested, or a total return of $4. Or, if a horse is 1-2, it’s $1 profit for every $2 invested, or a total return of $3. MUTUEL PAYOFFS: Calculating Original Investment with Odds Payoff
How to Calculate Horse Racing Betting Odds and Payoffs
https://www.liveabout.com/how-to-calculate-betting-odds-and-payoffs-1879161
They don't tell you what the horse will pay, but the amount of profit you will get and the amount you have to bet to get it. For example, 6-5 means you will get $6 in profit for every $5 you wager, while 20-1 means you get $20 in profit for every $1 you wager. In the latter example, a bet of $2 means you would get $42 back for a winning wager.
Each Way & Place Betting Explained | BettingSites.co
https://www.bettingsites.co/articles/each-way-place-betting-explained/
First Place – Here your place bet wins, meaning you’ll receive £5 @ 2/1 for a total return of £15 and a profit of £10. Second to Fourth Place – Exactly the same as first place. So £5 @ 2/1 for £15 back and £10 in profit. Fifth Place or Higher – And finally your bet loses, meaning you win nothing. How to Bet on Place Markets
2022 Kentucky Derby winner: Rich Strike (80-1) scores ...
https://www.cbssports.com/general/news/2022-kentucky-derby-winner-rich-strike-80-1-scores-massive-upset-as-biggest-underdog-champion-since-1913/live/
No horse has finished 1st in the Kentucky Derby from the No. 1 post since Ferdinand in 1986. - Moreover, the last time a horse won from either post 1, 2, …
The Longshot Winner of the Kentucky Derby Just …
https://www.inc.com/jeff-haden/the-longshot-winner-of-kentucky-derby-just-revealed-a-brutal-truth-about-a-common-cognitive-bias.html
Two people picked the 80-1 long shot Rich Strike, a horse so poorly regarded he was only eligible to race when another horse withdrew the day before: Our daughter's boyfriend, because he was ...
Rich Strike overcomes 80-1 odds to win 148th Kentucky ...
https://www.pbs.org/newshour/nation/rich-strike-overcomes-80-1-odds-to-win-148th-kentucky-derby
Rich Strike triggered the second-biggest upset in the race’s 148-year history, paying $163.60 to win. Only Donerail in 1913 had a higher payout of $184.90. Rich Strike ran 1 1/4 miles in 2:02.61....
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