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Horse Racing Odds: How to Read Odds & Calculate Payouts

    https://www.amwager.com/horse-racing-odds/#:~:text=When%20spoken%2C%20you%20would%20say%20this%20format%20as,industry%20and%20is%20more%20commonly%20used%20in%20Europe.
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Horse Racing Odds: How to Read Odds & Calculate Payouts

    https://www.amwager.com/blog/horse-racing-odds/
    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.

Understanding Odds - Racing Explained

    https://www.racingexplained.co.uk/betting/understanding-odds/
    9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake). If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race. In spoken form this is “Four-to-one on”.

What Do Horse Racing Odds Mean? | Betting Guides

    https://www.twinspires.com/betting-guides/what-do-horse-racing-odds-mean
    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.

How to Calculate Horse Racing Betting Odds and Payoffs

    https://www.liveabout.com/how-to-calculate-betting-odds-and-payoffs-1879161
    The easiest information on the board is the win odds quoted on each horse. 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.

What does 1/2 odds mean in horse racing? – Terasolartisans.com

    https://www.terasolartisans.com/john/mixed/what-does-12-odds-mean-in-horse-racing/
    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. 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. HORSE RACING FOR NEWBIES: EXPLAINING ODDS Watch on

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
    LOUISVILLE, Ky. (AP) — With favorite Epicenter and Zandon dueling in front, Rich Strike came charging up the rail for a stunning 80-1 upset in the Kentucky Derby on Saturday. Jockey Sonny Leon...

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 ...

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/
    Rich Strike closed at 80-1 odds, the longest odds among all 20 horses. This is the first Kentucky Derby win for the trainer Eric Reed and jockey Sonny Leon. This is the second-biggest upset in the ...

Kentucky Derby payouts 2022: Winner, trifecta and …

    https://www.courier-journal.com/story/sports/horses/kentucky-derby/2022/05/07/kentucky-derby-payouts-2022-winner-trifecta-and-superfecta/6552222001/
    Trained by Eric Reed and owned by Richard Dawson, Rich Strike overcame 80-1 odds to take the top spot in the Run for the Roses. So, how much did he win his bettors? The short answer – a lot. A $2...

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