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|Betting lines explained basketball clipart||Fractional Odds. Like a parlay bet in other sports, this is several bets combined on one ticket. Win, Place, and Show wagers are all placed into separate Pools. Traditional wagering is a lower-risk proposition compared to more complicated bets like the Pick 6. So if you're betting on the Packers at against the Vikings, that means Green Bay is a slight favorite. The handicapping, sports odds information contained on this website is for entertainment purposes only. For example, Racing has several articles about the basics of Horse Racing.|
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This offer may not be combined with any other offer. New customers only. Free bets valid for 7 days, stake not returned. This sports promotion cannot be used in conjunction with another Coral. New customer only. Money back as bonus if first racing bet loses. Wagering requirements: all sportsbook 3x at min. Unless forfeited the racing bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Visit Unibet. New customers only signing up using promo code VAL Bet must be placed in first 7 days of account opening.
Free Bet Calculator Odds Calculator Use our free bet calculator to work out exactly how much profit you stand to win from your selections. Check potential winnings on a single, accumulator, lucky 15 or any other type of bet. Further terms and conditions may apply. Claim Offer. Dead Heat. Launch Bet Calculator in a Pop-up. Bet Calculator. Sign up to bet Click to View Bonus Code Details. Open Account. AD Further terms and conditions may apply. Feedback Fast Results Racecards.
Send Message. South Africa. Hong Kong. Ludlow - 2m - Abandoned - 2m - Abandoned - 2m - Abandoned - 2m 4f - Abandoned - 2m 5f - Abandoned - 2m 5f - Abandoned - 3m - Abandoned View all races at Ludlow. Ludlow Smart Stats. Newcastle Smart Stats. Wolverhampton Smart Stats. Many experts consider playing a horse to win to be the best bet in horse racing. If you bet on a horse to win, your horse must finish first.
This is extremely important. Because the real key to making a profit betting on horseracing is finding horses which represent good value — whose chances of winning are better than the odds displayed on the tote board which are made by the public — and betting enough of those horses to produce a profit. Successful horse players win by taking advantage of mistakes in judgment made by the public.
For example, the public determines the post-time favorite in every race. This is a universal maxim in horse racing proven by the analysis of hundreds of thousands of races — yet still argued over by inexperienced horseplayers. What you really need to understand is the fact that if you bet only public favorites to win, many of which represent poor value — you will lose.
Also consider the fact that the public is wrong 66 percent of the time. If your handicapping tells you that the horse you like has a chance of winning and the odds displayed on the tote board say the horse is paying off at , you have found yourself an overlay — and good value.
If your handicapping tells you that a horse you like should be and the tote board says the horse is paying off at , this represents an underlay -and poor value. While favorites do represent good value on occasion, horseplayers looking to make a profit when betting to win should take note of the following percentages. Solid handicapping and the discipline to wait for good value plays make the above percentages achievable.
If you bet on a horse to place, your horse must finish first or second. If you bet on a horse to show, your horse must finish first, second or third. Betting to place or show offers you a better chance to cash more tickets, but the payoffs are lower due to the fact that the pool of money must be divided among more bettors. In the case of betting to place, payoffs are made to those who bet the winner of the race to place, and to those who bet the second place finisher to place.
In the case of show wagers, the payoffs must be divided even further, among three groups of bettors — those who bet the winner to show, those who bet the second place finisher to show, and those who bet the third place finisher to show.
If your handicapping tells you that the horse you like has a chance of winning and the odds displayed on the tote board say the horse is paying off at , you have found yourself an overlay — and good value. If your handicapping tells you that a horse you like should be and the tote board says the horse is paying off at , this represents an underlay -and poor value. While favorites do represent good value on occasion, horseplayers looking to make a profit when betting to win should take note of the following percentages.
Solid handicapping and the discipline to wait for good value plays make the above percentages achievable. If you bet on a horse to place, your horse must finish first or second. If you bet on a horse to show, your horse must finish first, second or third. Betting to place or show offers you a better chance to cash more tickets, but the payoffs are lower due to the fact that the pool of money must be divided among more bettors.
In the case of betting to place, payoffs are made to those who bet the winner of the race to place, and to those who bet the second place finisher to place. In the case of show wagers, the payoffs must be divided even further, among three groups of bettors — those who bet the winner to show, those who bet the second place finisher to show, and those who bet the third place finisher to show. If you do choose to bet to place or show, you are probably better off playing the lower-priced horses.
Straight bets to place on public favorites will produce an average loss of between percent. Knowing that the payoffs for place and show are lower, handicappers who bet horses to finish in these positions generally try to over come the lower payoffs by picking a higher percentage of winners.
That being said, if you can pick a higher percentage of winners, you can probably make a better profit betting on horseracing — by betting to win. Sign in. Log into your account. Forgot your password? Password recovery. Recover your password. Maggie Wolfendale. Click here for a list of other articles on Basic Wagering Topics.
Click here for a list of articles on more Advanced Wagering Topics. By Neal Benoit. Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. Neal Benoit is authoring essays on a new website titled Daring Ways. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Email Address.
Apr 9 How do you calculate the expected payout for a Win Bet? To calculate prices for odds other than X-1, simply convert the fractional odds to a decimal equivalent and do the same calculation. For example, odds of equals 1.
I always do this mental conversion to decimal equivalents for clarity in my own mind. In fact when I jot down the Tote-Board odds on my sheet they are always in decimal format. What happens if I bet a horse to Place and he wins the race?
You get the Place price only. Can you calculate the expected Place price based upon the Win odds? Leave a Reply Cancel reply Your email address will not be published. Subscribe to Blog via Email Enter your email address to subscribe to this blog and receive notifications of new posts by email.