Horse Racing Odds For Dummies
Horse Racing Odds For Dummies In General
Rather than use the statement horse racing odds for dummies I would rather use the statement horse racing odds for beginners. Everyone has to start from somewhere. Horse racing odds can be daunting to the beginner. Most people back on horses, they like a fun bet on a big horse racing events like the Cheltenham Gold Cup or the Grand National. Most punters will bet at any odds presented to them.
Before placing your hard earned cash on a horse dwell on the following.
Horse Racing Odds For Dummies Example
We will use a hypothetical horse race.
You fancy the favourite in the race at odds of 2/1 or decimal odds 3.0 and we will call this favourite horse A.
The horse has a 33% chance of winning the race but we will not dwell on the maths just yet.
If you have not done any horse form on this favourite, you are backing blind as you are just taking the current odds offered on the favourite.
Now if you do the horse form on the favourite you might think the odds should be 3/1 and not 2/1 and then you would probably not bet on the horse.
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