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. 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 ... Fixed Odds. When you place a horse racing bet with fixed odds, you know exactly how much you will win. When you confirm the bet, the odds stay fixed no matter what happens, as the name suggests. Odds constantly change leading up to a race but, when you place a fixed odds bet, the bookmakers lock the odds for you. If you make a bet at odds of 5.00 and you win, the betting site will pay you at ... FanDuel Racing displays fractional odds, so if they show as "5/1" for a particular horse, that would be read as "5 to 1", meaning that for every dollar you wager on that horse, you can expect a profit of about $5 if the horse wins. If you wager $10 on a horse that is 5/1 and that horse wins, your payout will be approximately $60, which is a $50 profit (5 x 10) plus your original $10 stake. If ... For an explanation of the odds types on this table see decimal, fractional and American odds. To find out what the numbers really represent see understand odds as probability with overround. You may also like. Exclusive crypto sportsbook bonuses; Crypto betting arbitrage alerts; Odds archive ; Best odds crypto sportsbooks; Frequently asked questions; Leave a comment Click here to cancel the ... To calculate the exact odds on your horse, just subtract the take from the total pool, then subtract the amount bet on your horse to give you the amount of cash to be paid out. Divide that figure by the amount bet on your horse to get the exact odds. Flat Racing ; A Day at the Races ; Racehorses ; Betting ; Jump Racing ... If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race. In spoken form this is “Four-to-one on”. 1/4: For every 4 units you stake, you will receive 1 unit if you win (plus your stake). 1/2: For every 2 units you ... It takes just three steps to get the approximate odds - drop the cents, subtract two dollars and divide by two. $14.20 = (14-2)/2 = 6/1. The prices on the tote board will change for the last time... Before making any bet, it helps to know what you're risking for the expected payout. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. See what your total payout and winnings will be.
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