Your access to this site has been limited Basic Horse Racing Bets Explained


Explaining Different Types of Bets | A McLean Bookmakers

We can now offer you the dedicated site OLBG Russia. If you want to access OLBG Russia, please click on your flag below, or you can select the standard OLBG. Outside of gambling, chance is more commonly referred to in percentage terms.

If this web page roll a 6 sided dice, there is a one in six chance of any one number coming up. This can be expressed Understanding Odds Odds are simply a reflection of the chance or probability of a certain outcome in an event. In any event, every outcome has a chance or likelihood of taking place. Odds are simply an interpretation of those chances. The bookmakers form odds or prices to reflect those chances. Most online see more give you the option of which type of odds you racing bets explained to use.

Decimal Odds Explained Rather than using percentages, bookmakers use odds. Decimal odds are commonly used in Europe and also known as European odds. If you win, for every one pound you stake you will receive 5 pounds back. Stake £10 and you will receive back £ You can see that your stake is included in the odds. European odds multiplied by your stake equals the payout. The odds show how many units the bookmaker pays out per unit staked.

Guide Click here Fractional Odds The more traditional fractional odds are often used in the UK.

Fractional odds are saying that for every 1 time you win then 4 times you will lose. If you win, for every pound you stake you will win £4 and you will receive your one pound stake back, giving you a racing bets explained return of 5. UK odds multiplied with your stake equals http://lylibellule.biz/budapest-casino.php winnings.

The odds show how many units you win in terms of winning per unit staked. US Odds If you wish to bet on US Sports then you will also need to understand American odds. American odds are also known as lines or money line odds.

If there is a - sign then they show how much you need to stake to win If you are betting at decimal odds of 1. Negative US odds show how big a stake is needed for a winning of units. Positive odds show how big your winnings are if you bet units.

Relationship between Percentage Chance, Decimal, Fractional and US Odds The tool "What are the Odds" below shows you how percentage chance, decimal odds, fractional odds and US odds are expressed to mean the same thing! Chance v Odds Select a chance of winning below and see how this translates into the Fractional, Decimal and American odds.

Take the Exam on racing bets explained right to make sure. All the http://lylibellule.biz/pequot-casino.php you pass get added to your profile so everyone can see how knowledgeable you are.

If you feel as though you need more help on this subject why not check out this blog which explains betting odds, bookie overrounds and plenty more from Man O Bong. Gambling 'Odds Terms' Explained Fixed Odds Betting When you place a fixed odds bet, you are staking a certain fixed amount of money racing bets explained the bookmakers money to predict the see more of the event.

The bookmakers odds reflect how much you read more win from the bookmaker if your prediction is correct.

Stake When placing a bet, your stake is the amount of money which you risk or gamble. If you win then your winnings are calculated according to the odds at which your bet was agreed. Laying Odds This racing bets explained another racing bets explained for a bookmaker taking bets. By agreeing your bet, the bookmaker is laying that particular outcome of the event. The bookmaker is risking their money to lay, or to promise to click to see more the winnings, should your bet be successful.

Odds Against Odds against is the term used to describe a bet where you will receive a return of more than double your stake. The profit on the bet will racing bets explained more than your stake. Even Money Also known as EVS, this is when the return will be double your stake.

The profit on your bet will be the same as the amount you staked. Both you and the bookmaker are risking the same amount on the bet. The word 'on' indicates that the odds are reversed. Short Odds This indicates racing bets explained a selection has a good chance of winning. Short odds will be where you wouldn't receive a large return for your investment.

Long Odds This indicates that a selection has a poor chance of winning. If you bet at long odds you will receive a good return on your investment if you are correct.

For explanations of other terms see our Betting Terminology A-Z guide. Know someone who would like this? Share it with your friends!

Comments from the Forum monkeytennis 31 Jan Welcome to OLBG We have detected that you are accessing OLBG from Russia. Welcome Level 1 Level 2 Level 3 Level 4 Like this lesson? Example Say you wish to place a bet on an event which has decimal odds of 5. Does it vary between sports? Disagree with anything written above? Let us know your thoughts and your william hill free bet racing bets explained be included in the OLBG Betting School!

You should use in which you feel comfortable. However you have know the conversion of odds as well. I can often 'see' the total if using fractional, but must calculate it whenever using decimal. That however, is probably through racing bets explained rather than any sort of racing bets explained. Take A Poll Which racing bets explained of betting odds do you prefer to use?

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Betting Odds Explained What is Racing bets explained Select a chance of winning below and see how this translates into the Fractional, Decimal and American racing bets explained.


With the Kentucky Derby quickly approaching, brand new beginners and casual horse racing bettors alike could likely use a refresher.

There are racing bets explained ways odds — or prices — are racing bets explained at racecourses in Britain: For every 1 unit you stake, you will receive 4 units if you win plus racing bets explained stake.

For every 2 units you stake, you will receive 7 units if you win plus your see more. For every 4 units you racing bets explained, you will receive 9 units if you win plus your stake. For every 4 units you stake, you will receive 1 unit if you win plus your stake. For every 2 article source you stake, you will receive 1 unit if you win plus your stake.

Sometimes you will see Evens or EVS displayed. Again it means the horse in question is expected to win the race. Simply multiply this number by your stake to calculate your total potential returns if you are placing a win bet.

Unlike fractional odds, your stake is already racing bets explained into this price i. Each race has a favourite. This is the horse most likely to win, which is reflected in having the shortest price displayed with betting operators.

If more than one horse read more the same odds of winning according to the betting market, this will be displayed as JF, meaning joint-favourite.

You will appreciate it is not affordable for bookmakers to pay out on all four places in a four runner race! These are usually displayed in this format: Odds are click the following article maths.

For every 1 unit you stake, you will receive 1 unit if you win plus your stake. What about odds when betting each-way? Top Searches Adisse Venenatis libero Facilisis nisl Donec volutpat Blandit.


How Betting Odds Work - Sports Betting Odds Explained

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Horse Racing Betting Types explained. WIN SINGLE Usually shortened to just "WIN" this is the bet the Pro's use, and consists of your stake placed.
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Horse Racing Betting Types explained. WIN SINGLE Usually shortened to just "WIN" this is the bet the Pro's use, and consists of your stake placed.
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Explaining Different Types of Bets. Lucky 15 bets are accepted on horse racing, of 63 bets involving 6 selections in different events. The bet includes 6.
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Learn how to bet on horses with basic horse racing terms explained including win, place, and show. We also cover superfectas and trifectas.
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