![]() ![]() If you make an each-way bet, you are actually betting on two outcomes. There are many other markets you can also consider, and the each-way market is perhaps the most popular of them all. But with horse racing, you don’t have to shoot for the winner. In the example provided above, we only focused on the horse racing betting odds regarding who might win the race. Of course, the danger is that your chosen horse doesn’t end up racing.īut many sportsbooks will refund your stake if this is the case, which does reduce the risk of taking a swing at the ante-post options. For that reason, the odds you can get when browsing through the ante-post options are often much higher. In many cases, the list of runners may not have been announced for the race too. Now, ante-post essentially means that these are the markets you can bet on well in advance. Whenever you check up on the odds before a major horse race, you will see a set of markets known as the ‘ante-post’ selections. So let us switch things up a bit and draw your attention to key horse racing betting terms: Ante-post #Horse wager calculator how toAnd at this point, you should have a much better understanding of how to read horse racing odds. To coincide with building your knowledge regarding horse racing betting odds, it’s critical that you also understand the key terms for this sport. Then again, that’s why they call it ‘gambling’ – as nobody knows what the outcome will be for any specific horse race. So while in this example, the favored horse didn’t win, this isn’t always the case. But don’t forget, the horse racing betting odds that you see for a race always identify the relative chances of that horse winning. However, if you had backed any of the other horses to win the race, your bet wouldn’t result in a win. Given the pre-race odds of +200 for horse 3 to win, this means that if you’d thrown down a $100 stake on this market, you would receive $200 in profit. Of course, you can then adjust the calculations as necessary depending on the amount of money that you stake.įor the hypothetical race we’ve been talking about here, let’s say that horse 3 actually manages to win the race. And the best way of explaining the payout is that the number shows what you’d get back from a $100 bet. For all others, they have a positive symbol. Only one horse has a negative number, and basically, this means that the horse has a better than 50% chance of winning. Again, in order to keep things straightforward, let’s give the horses the following odds:Īs you can see, there is a number assigned to each horse that will be competing in this hypothetical race. Now, when you look at the horse racing odds through an online sportsbook, each horse will be given a probability of winning the race – as identified in the odds. To keep things simple, let’s simply give the horses a number each of 1-5. Let’s go through a hypothetical race here in which there will be five horses competing. To show you exactly how horse racing betting odds work, it’s probably best to run through a quick example. But we can assure you that the odds are structured, and they have great importance regarding winning probabilities. If you’re new to horse racing betting online, the odds may just look like random numbers thrown together. The latter is what we shall be focusing on here since horse racing odds will often be shown in this format all of the best horse racing betting sites in the USA. ![]() They can be displayed in fractional, decimal, or American style. The actual odds in horse racing can be displayed in many ways. So, let’s get started, shall we? How do odds work in horse racing? But before you get lined up and ready to make some bets, we want to run through how to read TVG horse racing odds right now.Īnd by the time you are done reading this, we are confident in stating that you’ll have a much better understanding of horse racing odds payouts, how to calculate horse racing odds, and so much more. So as you can hopefully see, this form of betting is very accessible these days. This includes horse racing betting apps, standard desktop sites, as well as mobile sites. Of course, you can engage in this form of betting through different platforms, much like you can with other sites. ![]()
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