Calculating True Horse Power!

Betting on a horse in a race can be a bit confusing

. Many people dont know how it works. Its one of those things that leaves you standing there starring at the board like a deer in the headlights and by the time you decide to just guess, the horses are running and your opportunity is gone.

Horse racing odds can confuse you as to how much to bet. Leaves you thinking what horse racing odds actually are. Some math on the subject to make it simple would be; lets say you put down a 6-5, which means you get $6 every $5 wagers. Basically every time you put down five dollars on a horse you would get six back. You make an extra dollar more. You can even $20 profit on a $1 wager, but most races only except a minimum of $2 a wager. Another nice little trick to that is, on a toteboard you can see the horse racing odds of each horse. So, on a $2 wager, you could make $42 dollars, depending on the odds.

Also a thing that might help you calculate properly so you know what youre getting yourself into when you bet is a pool, which is different than horse racing odds. A pool is all the money bet on all the horses to win. It is not the amount that will be given to the ones who hold the winning tickets. Also when the horse you bet on wins the track will first deduct the take which would be about 14% to 20%, but it is different in every state so be sure to know that when you go. That percent goes to numerous things for the track, racers, and taxes. Once I saw a guy who was struggling with the math, being polite I went up to try and help him because I brought a calculator. He had no clue what he was doing, I told him he had to calculate the horse racing odds, I saw he was wearing a NASCAR shirt and he realized he was at the wrong track. It took me twenty minutes and actually showing him the horses to convince him.

Horse racing odds is all about going with what you think the odds are. A lot of the times people go without knowing what horse racing odds are all together.

A website I found easy to place my bet also was www.sportsbook.com it might work for you also.

by: Max Broad

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