Are you just placing bets blind and hoping for the best? We made this guide just for you! Here we will explain and simplify horse racing odds to make betting easier.

One of the surest ways people lose money on horse racing is not knowing how to bet or understanding the odds. To a beginner, all those numbers on the tote board and hearing all of the horse racing odds jargon can be pretty daunting.

Odds are simply the way prices and payouts are shown at a horse track. The numbers displayed as or tell you what you pay and how much you get back if the horse you bet on wins.

The first number tells you how much you could win, the second number is the amount you bet. Odds are displayed in one of two formats. Decimal: This type of odd is recently introduced to the industry and is more commonly used in Europe. These are displayed in the format of 5.

To get your potential return, multiply the odd by your bet. If the odd is displayed at 5. These are published in either the program, racing form, or online at your sportsbook. Either at the track on the tote board or on your online sportsbook, the odds will change depending on how many people are betting on each horse in the race up until post time.

Each race has a favorite. This is the horse most likely to win. Fractional odds can easily be translated to probability percentages. Depending on the race and the rules of the racetrack, the minimum could be slightly lower. Before you even begin to place a bet, you need to know what the odds are of the particular bet you want to make.

One of the reasons why horse betting is difficult is because the odds fluctuate every time a bet is placed. This fluctuation is called pari-mutuel wagering, or pool betting. With horse racing you are betting against other betters. Anglers Crag has landed three successive victories and the horse will now bid to outstay his rivals when it comes to the Eider Handicap Chase.

The encounter takes place over a monster four miles, one and a half furlongs. Forever Young is the horse that they all have to beat according to the latest horse racing odds.

The runner has been installed as favourite for the Saudi Derby, with this Group 3 encounter providing an opportunity for international raiders to claim a share of some enormous prize money that is on the table for this event.

The King Abdulaziz Racetrack hosts a number of high-profile races later this month and this includes the Turf Cup Sprint. Run over 1, metres, this is a strong test of speed and will attract some of the fastest horses in the land, with Mysterious Night looking set to go off favourite, with Aguri and Bathrat Leon among the other contenders.

The Neom Turf Cup takes place as part of the Saudi Cup racecard, with the runners and riders competing on the turf over 2, metres. It has been confirmed that Spirit Dancer will take his place in the line-up, with this horse among the betting favourites to win an encounter which will also showcase Studley, The Foxes and Killer Ability.

The BetUK Winter Derby Stakes is a highlight race at Southwell Racecourse, with the all-weather course hosting this encounter over one mile and three furlongs. Lord North and Dubai Honour are among the leading contenders, with William Haggas not only training the latter but also Mujtaba who looks to have a lively each-way chance.

White Abarrio is the betting favourite to land a victory at the King Abdulaziz Racetrack, with the Saudi Cup one of the richest horse races in the world.

Which horse will follow in the footsteps of Maximum Security, Mishriff and Emblem Road and claim a huge prize, with the runners competing over 1, metres on a dirt track and it should be an entertaining tussle.

The horse racing bookmakers have priced up the Swinley Handicap Chase and it always pays to compare the latest odds to make sure you have the best value.

Kilbeg King, Threeunderthrufive and Victtorino are among the betting favourites, with Iron Bridge and Shan Blue are also trading as some of the market leaders. The Rendlesham Hurdle is set to be run on heavy ground this Saturday, with ten runners and riders lining up and there are several runners trading at single figure odds.

Botox Has is the current favourite, with Red Risk also prominent in the betting and we might also expect a strong showing from runners such as Butch and Nemean Lion. The front two in the betting could be set for a tussle. The Virgin Bet Grand National Trial Handicap Chase takes place on Saturday 17 February, with the runners and riders competing over three miles, four and a half furlongs.

It could be a tale of two Bridges, with Iron Bridge and Famous Bridge among the favourites. The Reynoldstown Novices' Chase takes place at 1. Apple Away has been installed as favourite and the Lucinda Russell-trained runner sets a high benchmark, although respect has also been afforded to Brave Kingdom by the bookies.

Paul Nicholls has a strong chance of saddling the winner in the Jennings Bet Kingwell Hurdle, with Rubaud trading as the strong favourite to triumph. The six-year-old should be able to make an impression, with Sonigino also catching the eye. Indeed, all the horses lining up here have a lively chance of victory according to the betting odds.

The Virgin Bet Victor Ludorum Juvenile Hurdle takes place at Haydock Park over one mile, seven and a half furlongs. There are seven runners set to go to post for this encounter, with an odds-on favourite being installed in the form of Salver. The horse has posted three consecutive victories although punters might be looking for an alternative wager at a bigger price.

Guard Your Dreams is trained by Nigel Twiston-Davies and this horse could end up running a big race, although the betting odds suggest that this is a race where you can choose more than one winner as a positive betting strategy.

The Coral Trophy Handicap Chase takes place on 24 February, with Kilbeg King having landed three successive third-placed finishes this season.

Anthony Honeyball comes into this race with a couple of lively chances by virtue of having Forward Plan also entered, with his runners set to be favourably handicapped according to the latest odds.

It makes much more sense to base your decisions on information and knowledge. There are many statistics available about every horse, trainer, jockey and racecourse, and studying at least some of these is definitely to be encouraged. Using our guides will also give you a great insight into how to bet on the horses… and how to maximise your profits.

Check out our racing glossary for information about the key horse racing terminology and phrases. Many customers enjoy placing a horse racing accumulator bet and we show you how to enjoy a racing multiple bet when it comes to horse racing meetings all over the world.

Each-way betting is highly popular when it comes to horse racing and we look at how it works. Bet on the latest American horse races, with racecards available for every US meeting that takes place. You can run the rule over the various runners in each race and back the selections at the prices that you like.

Betting on the horse racing Down Under has become increasingly popular and there are a huge number of Australian race meetings taking place on a daily basis.

The Aussies love their horse racing and we have a selection of daily racecards so you can read the latest form and back some winners. Compare the various prices and bet on the horses that make the most appeal, with the Melbourne Cup being the biggest race in Australia. If you want to get the lowdown on the latest French horse racing meetings, then you have come to the right place.

We cover races from every racecourse in France, with Racing-Odds. com providing detailed racecards so that readers can pick out their daily horse racing bets and choose the right bookie. The race meetings come thick and fast in Germany, with a number of racecourses based in this European country.

Here at Racing-Odds. com, we are able to present a large number of race cards to our readers so that you can check out the latest German horse races.

View the number of selections and the names of the runners along with the form that each selection has enjoyed to date. Choose your racecard and go through the various races, making a note of the runners and riders along the way.

UK racing fans will love betting on big events such as the Cheltenham Festival, Royal Ascot and Glorious Goodwood. There are lots of Irish racecards available each week, with Flat horse racing taking place at The Curragh and National Hunt racing occurring at tracks such as Fairyhouse, Punchestown and Leopardstown.

Check out our latest race card and place your bets on the selections which you fancy the most. Many racing fans like to punt on the overseas meetings and that includes Japanese race cards where there are lots of competitive meetings that take place all over this Asian country.

Take your pick from a wide range of horse races and find a selection that you expect to perform well. There are fixed odds available for Japan horse racing meetings across a number of bookmaker websites.

Betting on the South African horse racing meetings has been taking place for decades, with customers able to regularly access South African racecards and check out the number of runners for each race along with the form of each selection.

You can even compare the odds of the various bookmakers and work out which operator is putting up the most attractive prices when it comes to each race. Check out our latest Hong Kong race cards so you can see when the next meetings are taking place. Whether the race meeting is being held at Sha Tin or Happy Valley, you can get information regarding the latest runners and the number of horses lining up.

In addition to Australian horse racing, there are also race meetings that take place at New Zealand, with various racetracks offering customers the chance to bet on some exciting races. We provide plenty of information through our New Zealand horse racecards and you can go through and assess the runners and riders for each race.

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Odds are simply the way prices and payouts are shown at a horse track. The numbers displayed as or tell you what you pay and how much you get back if The tote board does not show decimals, therefore, 5/2 odds means that the odds on a horse are 5 divided by 2, or Win payoffs are calculated based on a Horse racing betting odds express the relationship between risk and reward. To put it simply, the odds tell you how much you stand to win with any wager

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