Decimal horse racing betting odds are even easier to read than fractional odds. The decimal format displays exactly how much money you stand to win in relation to your wager. Multiply your intended stake by the decimal and the result will tell you the total payout including the return of your original wager.
Even money odds in the decimal format are displayed as 2. Likewise, odds of 3. If the odds are less than 2. Fractional and decimal odds do not perfectly translate. Odds of 5. Skip to content. Table Of Contents. Reviews Expand child menu Expand. Sports Betting Expand child menu Expand. Just as in other sports, that means that you would make a profit of six dollars for every dollar bet.
People often get confused and that think that the total payout would be six dollars, but you get your initial bet back as well. You also need to remember that the minimum bet at any track is two dollars, so your profit will be at least twice the listed odds. These are the odds that are listed on the big tote board in the middle of the track as well as in other places depending upon the track.
It's important to remember here that the listed prices aren't profit, but that they also include the two dollars you have bet. If you are more comfortable with straight odds then converting the posted prices is simple. It takes just three steps to get the approximate odds - drop the cents, subtract two dollars and divide by two.
The prices on the tote board will change for the last time soon after the race starts to reflect the last second bets, and that final price is the payout you are guaranteed if your horse wins. People who aren't familiar with the tote board will often look for where the payouts are listed for place and show bets.
They are very difficult to find because, well, they aren't there. It's impossible to determine what the place and show prices will be until you know what three horses end up in the money. The place and show prices will be lower if the favorites all end up coming in, and higher if the longshots have a good race. With experience you will get pretty good at anticipating approximate payouts before the race, and very accurate at predicting them after the race is over but before the results are posted, but there is no way to know for sure what the prices are before they are posted.
The single biggest key to horse racing odds are that they are determined by what is called a pari-mutuel system, which is just a fancy French term for mutual betting. That means that the odds are determined by the bettors. When you look at a program you will see odds listed for every horse, but those are just the morning line odds that have been set by the track handicapper.
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Latest win at Lingfield in September and not disgraced after 12 weeks off when sixth of 9 in 5f handicap there 12 days ago. Needs considering. Has work to do in bid to gain a first win on tapeta. Only ninth of 12 in handicap at Newcastle 5f 26 days ago so others appeal more. QAARAAT is thriving on a busy campaign so Antony Brittain's 6-y-o is taken to notch win number three for with this return to the minimum trip sure to suit.
Fairly form in 4 starts between 6f and 1m for Charlie Appleby and sets a good standard for a race like this on her return to action for a new stable. Open to progress. Twice-raced maiden. Not seen to best effect when sixth of 11 in novice at Kempton 6f 63 days ago, nearest finish. Remains capable of better. Worth a precautionary market check on debut. Needs to leave that well behind. Declaring Love looks very much the stable first string. Betting should guide to expectations on debut.
Ronan Accuser and Mellys Flyer are open to improvement and can battle it out for the forecast spot. You can also get the latest free bet offers , as well as the best existing customer offers from our bookmaker partners. Odds express the likelihood of an outcome in a race happening — most commonly a horse winning the race. As odds represent the probability of an outcome happening, you should be looking for prices that you believe are wrong. You will find that you are able to quickly find what your winnings could be and what probability the bookmakers are suggesting for chance of winning.
Free bets valid for 7 days, stake not returned. New users only. Awarded as 4 equal free bets total first deposit amount. Odds boosts: Odds boost crediting relies on marketing comms opt-in. Unlocked on deposit. Winnings credited in cash. Bet Slip. My Bet Slip -. Today's Racing Tomorrow's Racing. Wolverhampton Going: Standard Briefing Wolverhampton Odds Comparison Wolverhampton.
Distance 7f 36y. SP Bet. J: Harrison Shaw T: K. Bookmaker odds are refreshed every 30 seconds. Gamble Aware You must be over 18 years old to use this site Please bet responsibly. Distance 5f 21y. A GO GO Distance 6f 20y. Flagged Up: Thursday 11 February View. Timeform Filter: Wednesday 10 February View. Stat Selector: Wednesday 10 February View. Despite its long history, horse racing does suffer from one consistent problem for players old or new.
Well, maybe not complicated as much as intimidating. These are the best sportsbooks that we recommend as of based on bonuses, odds and overall betting experience:. Deposits via Skrill and Neteller do not qualify for this bonus. Full terms and conditions apply. This is the most common wager used in this sport. Since both sections of the bet take up equal value, you can end up successful only if the two predictions come out as expected.
It is often considered that this system is effectively placing two bets on one horse. One portion of the stake is used to back a win while the other half is used to back a place. A Win bet is just like any other Moneyline wager in any other sport. You just have to pick who will win the race outright. If the horse wins, you will collect on your wager. The odds you will see listed for each horse are their Win odds. The odds here are not as good as with the Win wager as the horse can win the wager with two outcomes.
It is important to remember with horse racing odds that if you make a Place bet, it will not matter if the horse wins or comes in second, you will collect the same amount with either outcome. This bet has less risk than a Win bet, but also a smaller reward.
If you are confident a horse will win the race outright, you will receive a larger return betting the horse to Win than to Place. However, if you need a little insurance, the Place wager is the right call. Finally, we have the Show bet which is when you want to wager that a horse will finish in the top 3 positions of the race.
Again, just as with a Place wager, if the horse finishes first or second, you will not win any more money than if the horse finishes third. Since this is the safest of all the straight wagers, it also offers the smallest return of all the straight wagers. Depending on your confidence on your horse, the Show wager provides a good fallback for a horse you are expecting to do well.
This wager is the combination of the Win, Place, and Show wagers. If the horse finishes 2nd, you would receive the Place and Show payouts. Then, if the horse comes in 3rd, you collect the Show bet only. Of course, there are. The Exacta is simply the combination of picking the winning horse as well as the second-place horse, in the correct order. This is a strong wager as it will pay out more than, say, wagering on either of the horses to win or place. Similar to the Exacta, this wager does not require you to predict the order of the top two horses.
Simply put, the bettor only has to pick the horses which will finish in the top two places, but does not have to predict which of those two will actually win the race. Since this is easier to predict than an Exacta, it also pays less than the Exacta or boxing. Many racebooks do not even carry this option as most players prefer to simply box the wager and get the same effect.
However, it is quite often an option. It requires the bettor to pick the horses, in order, that finish in the top 3. It is much harder to predict than an Exacta, and therefore, pays out much more for a winner. Boxing a Trifecta wager is also available and a very popular option. The Superfecta wager requires the bettor to predict the first four finishers, in the correct order. If you thought hitting a Trifecta was difficult, predicting a Superfecta is even tougher will always require the bettor to take different combinations of horses so that there are more chances of winning.
The payoff for a Superfecta is rightfully very high and can be a huge payday if you hit it straight. Boxing is also available for the Superfecta and a very popular option as the payouts for such challenging horse racing odds can huge. Finally, there are the Multiple Race Exotics to consider. These wagers allow bettors to pick horse across two or more races. These types of wagers are set by the racebooks so it will vary from track to track, online site to online site.
Furthermore, these are substantially more lucrative than other types. This betting system is widely prevalent in the opening two and closing two races in a particular day. Some racetracks even offer the option were two consecutive races can be picked throughout the day.
You have to predict the winning horses in consecutive races. For example, the Pick 2 is the Daily Double which requires a bettor to pick the winners of two races in a row. There are also a Pick 3, Pick 4, and so on. The Daily Double Wheel is an interesting form of this betting system where you have to pick a key horse among the two races.
Then, all betting combinations from the second race are applied while the starting price is determined by the total horses that are about to run. This is a bet on 3 ponies to come out successful in three successive races. You may also come across Pick 4, Pick 5, and Pick 6. All these work in the same manner as you need to pick out winners in consecutive races.
The entire stake is lost if just one of the three horses does not make it to the first place. However, there will be a payout if the chosen horse does not compete. Many tracks do offer the option of Rolling Pick 3 bets, which allow picking three successive races of any choice.
This is an extremely hard market since your horses need to win three successive races. It is advisable to go with a smaller stake to reduce the risk. This can only be described as a lottery since your horses need to emerge successful in six consecutive races. Yet, huge payouts are common in this type of bet, which is often compared to a home run. Since it is rather expensive to play, this market is best for experienced bettors. When playing any single race exotic, you are trying to pick the correct order the horses will finish, such as with an Exacta.
For example, if you have the 3 and the 7 horse in an Exacta.
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