How Do You Read A Horse Bet?

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 do you read a horse’s payout?

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.

What do the numbers mean on horse racing?

The numbers read from right to left and denote the horse’s finishing positions in its previous races with the furthest right result being the most recent. So a form guide that reads 4893241 means a horse finished first in its last race, fourth in the one before, second in the one before that and so on.

What does 7 to 5 odds mean in horse racing?

7 to 5 odds payout
If you wager a bet on a 7/5 betting odds selection and you win, your total payout will be 2.4 which is your stake back plus 1.4 profit.

How do you read a horse chart?

Form runs from left to right, with the oldest races on the left and the most recent on the right.

1. The numbers 1-9 indicate the position the horse finished in the race.
2. The number 0 indicates that the horse finished outside the first 9.
3. The symbol – separates racing seasons.

How do you bet on horses for beginners?

For a beginner, I recommend sticking with straight wagers. They’re simple and cheap. You simply pick one horse to come in first, second, or third. The minimum bet at most tracks for a straight wager is just $2.

How much does a $2 bet pay?

Reading the Win Odds
In the latter example, a bet of $2 means you would get $42 back for a winning wager. Payoffs use the actual odds and are rounded down to the nearest nickel or dime, depending on the rules at that track.

What is the most common horse number to win?

The most successful post position in history is the number five, which has produced four winners since 2000 and 11 percent of all winners. Other relatively successful post positions include the number ten (10.7% winners) and the number 15 with 10.2%.

How do you read the odds in horse racing?

It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. 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.

What does 10 to 1 mean in a horse race?

With horse racing odds, the first number (the numerator) shows how many units you stand to win, and the second number (the denominator) shows how many units you must risk to win that much. For example: 10-1 odds: You will win 10 units for every 1 unit wagered. 7-2 odds: You will win 7 units for every 2 units wagered.

What does 20 to 1 odds pay?

20 to 1 odds payout
If you wager a bet on a 20/1 betting odds selection and you win, your total payout will be 21.00 which is your stake back plus 20.00 profit.

What do the odds 3 to 5 mean?

Odds of 3-5 indicate that your profit will be three-fifths of a dollar. In other words, for every $5 you bet you can win $3 in profit.

What is the best bet to make in horse racing?

The safest bet in horse racing is an each-way single bet. A single bet means you do not need multiple horses for you to receive a return for your bet.

How can you tell which horse will win?

Here are the factors to take into consideration when trying to select a winning horse:

• Horse Form.
• Going.
• Distance.
• Breeding and Pedigree.
• Trainer Form.
• Age.
• Connections.
• Days Since Last Race.

What do the numbers on a horses shoulder mean?

Identification Number
The identifying number signifies the order in which horses born in the same foaling season were branded with the same stock brand. If a number of horses are being branded with the same Stock Brand and Foaling Season Number “3”, the horses would be branded 1 over 3, 2 over 3, 3 over 3, etc.

Which bet is easiest to win?

What are the easiest bets to win?

• BTTS: BTTS bet demands the punters to predict if both teams will score a goal or not.
• Over/Under: This bet can work in your favor when you have chosen a smaller figure as reference.
• Double chance bet: In this bet, you win money when any two from the three outcomes are obtained.

What is the smartest way to bet?

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1. The favourite doesn’t always win.
2. Don’t just stick to one bookmaker – shop around.
3. The fewer selections, the better.
4. Avoid the temptation of odds-on prices.
5. Consider the less obvious markets.
6. Make sure you understand the markets.
7. Don’t bet with your heart.
8. Pick your moment.

What is the easiest bet to win in horse racing?

$2.00. The easiest wager in horse racing, a show bet pays off if your horse finishes first, second, or third. Payoffs are usually smaller than those generated by win or place bets. You win the wager if your horse finishes first, second, or third.

What bets make the most money?

With that in mind, here is my own personal list of the most profitable sports to bet on:

1. College Basketball. For me, this is a no-brainer.
2. NBA. The NBA is Thunderdome.
3. MLB. This is another numbers game.
4. NFL.
5. Soccer.
6. College Football.
7. Horse Racing.
8. WNBA.

How much do you win on a $10 bet?

For example, if you bet $10 on 4.0 odds, the total amount returned on a winning wager would be $40 ($10×4). The potential profit is $30, or $10×4 minus the $10 stake.

What is a $1 double in horse racing?

Nowadays, doubles are offered on all consecutive two-race sequences. The minimum wager on a double is $1. In a double, you are not limited to using just one horse in a race. You have the option to use multiple horses in each race, albeit at a higher cost.