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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.
Horse Racing Odds: How to Read Odds & Calculate Payouts
https://www.amwager.com/blog/horse-racing-odds/
A 2/1 fraction suggests that for every 2 failures, there’s one chance of success, giving you a 33% probability; 3/2 means a 40% chance, 2/3 works out to 60%, and 10/1 means a 9% chance, and so on. Standard Win Bets and Payouts. …
Understanding Odds - Racing Explained
http://www.racingexplained.co.uk/betting/understanding-odds/
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). 9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake).
How to Calculate Horse Racing Betting Odds and Payoffs
https://www.liveabout.com/how-to-calculate-betting-odds-and-payoffs-1879161
Here is a simple example of win odds calculation: Total pool: $900. Amount bet on horse No. 1: $300. Take amount: 15 percent. $900 minus 15 percent equals $765. $765 minus $300 equals $465. $465 divided by $300 equals $1.55. Round this amount off to $1.50 for breakage and you get odds of 1.5-1 or 3-2, as it would normally be written, which ...
Odds with $2 Minimum Payoff for Horse Racing - dummies
https://www.dummies.com/article/home-auto-hobbies/games/betting/odds-with-2-minimum-payoff-for-horse-racing-196049/
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 ...
How 81-1 shot Rich Strike pulled off one of biggest …
https://www.pennlive.com/sports/2022/05/how-81-1-shot-rich-strike-pulled-off-one-of-biggest-upsets-in-horse-racing-history-ap-explainer.html
Those who bet $2 to win on Rich Strike got $163.60 in return. Not bad for about two minutes of work. For jockey Sonny Leon, trainer Eric Reed and owner Rick Dawson, the result was life-changing.
Who Is Rich Strike? 5 Things About The Kentucky Derby ...
https://hollywoodlife.com/2022/05/07/who-is-rich-strike-horse-kentucky-derby-winner/
Rich Strike is the official winner of the 148th Kentucky Derby. The 3-year-old thoroughbred caused quite an upset at the annual event on May 7, 2022, with an 80-to-1 longshot over Messier and ...
Rich Strike Pulls Off Kentucky Derby Shocker at 80-1 ...
https://www.betus.com.pa/horse-racing/news/kentucky-derby/
Rich Strike was claimed for $30,000 in October. On Saturday, he won a race that had a $3 million purse. He becomes the second-longest price in the history of the Kentucky Derby. The gate opened the 20 horses broke with 1 1/4 miles between them and history in front of a huge throng at Churchill Downs. Estimates ranged from 130,000 to 150,000.
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 ...
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