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3 to 5 odds payout

If you wager a bet on a 4/5 betting odds selection and you win, your total payout will be which is your stake back plus profit. Here are some examples. You'll see how much money you'll win, and the total payout you'd receive. If $10 is bet at odds of 3/1, the potential profit is $30 ($10 x 3) and the. If you bet $ on the Eagles to win at , you would net a payout of In horse racing, odds will dip to something like 3/5 or 5/7 which usually means. BETTINGER DR OZ

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You know the odds and place your bets with confidence. The race begins, the anticipation builds, the finish line roars and you are congratulated by your friends when you walk out with cash in your pocket. Everyone wants to be a winner, but the reality is that most of us do not fully understand the intricacies of horse racing odds. Sure, placing a bet is easy enough but that is why most race goers walk out with less money than they came in with.

Are you one of them? Are you just placing bets blind and hoping for the best? We made this guide just for you! Here we will explain and simplify horse racing odds to make betting easier. One of the surest ways people lose money on horse racing is not knowing how to bet or understanding the odds. To a beginner, all those numbers on the tote board and hearing all of the horse racing odds jargon can be pretty daunting. Want a better shot at walking away a winner? Then trust us and keep scrolling.

The numbers displayed as or 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. And by doing so, you will be able to make and calculate better bets.

Reading the Win Odds 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. Payoffs use the actual odds and are rounded down to the nearest nickel or dime, depending on the rules at that track. This rounding is called breakage. Calculating the Win Odds on a Horse If you want to calculate the exact win odds on a horse, you will need to use a couple of other figures from the tote board: Total win pool Amount bet on that horse The total pool is all the money bet on all the horses to win, but it is not the amount that will actually be paid out to the holders of winning tickets.

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