Horse racing has always been a sport since ancient times of human history. The 1st few events in the history of horse racing date back to 648 BC. This sport has always been an attraction for enthusiasts of adventure games. This particular sport generates big revenue & employment throughout the world.
In different parts of the world, this sport has achieved a big fan base where people come to the racecourse & bet on their favourite horses in the race & earn money on their way back home. These earnings don’t need you to have certain specializations or corporate college degrees. Any person who has a good sense of logic & predictions can be a winner by placing their bets.
To place your bets, one needs to know how the bets & odds work. Here, we help you in explaining how the odds work if you are willing to place your bet on a horse racing game. The most important lesson to learn here is to understand that betting involves risk & it is addictive, but if you are responsible enough for your well-being, you can flourish in this market of organized horse races.
Market Odds of Horse Race
When you go to the racecourse for attending a horse race event & if you are willing to bet on that race, you will first have to find the “TOTEBOARD” or the most commonly used term “The Board”. This board will always display the numbers of the horses that are participating in the race on that day & just against the horse numbers; you will also find the odds arranged for the upcoming race. Now, how to identify & understand these odds is a very tough job & it takes practice to get good at it. We have explained below the odds for you in the simplest ways possible. Please go through it before participating in any event for placing bets against horse races.
- Single Digit Odd – This is a very common odd that is always seen on the board. Here there is only a single digit displayed against the horse number & it basically depicts multiplier to your placed bet money. For example, if a horse number has a “5” written against it, then it means if you place your bet of $1 against that horse & if it wins, you will win $5.
- Fraction Odd – This is again a simple odd that is made to look quite difficult. In this odds, you will find that two numbers are separated with a “-” or a “/”, which simply means that one of these numbers is the multiplier & the other is a placed bet money. For example, if a horse number has an “11-2” written against it, then it means that if you place a bet of $2 against that horse & if it wins, you will get $11. Now simplifying this odd more further, it simply means $6.5 against $1.
Hopefully, this article helps you in understanding the racing odds today of horse racing & help you in winning a fortune by placing perfect bets.
