How do you bet on horse racing odds?

Harold Longsworth asked, updated on December 5th, 2020; Topic: horse racing
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When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9.

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Further, what does a 3 to 1 bet mean?

If you're new to betting, one of the first things you should do is learn how betting odds work. ... In gambling, odds represent the ratio between the amounts staked by parties to a wager or bet. Thus, odds of 3 to 1 mean the first party (the bookmaker) stakes three times the amount staked by the second party (the bettor).

Furthermore, can I watch horse racing live? Online. Follow the live action by streaming the horse racing with your preferred bookmaker. Most firms give you the option of watching your races live after you've placed your bets, providing the stake is more than a given amount.

Eventually, is Racing TV free today?

You can watch on TV, desktop, tablet and mobile - and in HD on Sky 426! So with more racing than ever before on the channel, why not try a Racing TV Day Pass today for FREE! Terms and conditions One Day Pass per customer.

What channel is the horse racing channel?

Note: The television broadcast is the same across Channel 68/78, Foxtel 529 and online (desktop / tablet / mobile).

3 Related Questions Answered

What to look for in a horse before a race?

Key things to look for in a racehorse
  • Pedigree. Both the Sire and Dam's side of the breeding contribute to a horse's ability. ...
  • Bone Structure. The conformation of a horse is very important. ...
  • Muscle Tone. Muscle is a sign of a fit & healthy horse. ...
  • Balance. ...
  • Coat of the horse. ...
  • Movement. ...
  • Manners. ...
  • Overall looks.

What does M and PL mean in horse racing?

Profit Line odds

How do I learn horse racing form?

How to study the form: our 3-step guide
  • Establish the race distance, race conditions and track conditions. ...
  • Look at a horse's recent form and try and place where the horse is at in its preparation relative to the race conditions. ...
  • Find something that recommends a horse to you.