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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.

How to read horse racing form: The definitive guide - betHQ

    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 indicates a break between seasons in one calendar year, or that two races on either side of it took place in different years

What Do Horse Racing Odds Mean? - Bet Online with …

    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

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, 8-15 runners give you 3 places, and handicaps with runners of 16 or more will give you 4 places. HORSERACING

How to Calculate Horse Racing Betting Odds and Payoffs

    https://www.liveabout.com/how-to-calculate-betting-odds-and-payoffs-1879161
    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 yields a payoff of $5 on a wager of $2. Payoffs for $2 Win Bets

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