How to read horse betting bookshelf

But I do have a way with horses. Dad, however, does not have a way with words. The more determined she becomes, the more she realizes that the doors she believed to be shut for her, such as a college education, just need a few strong nudges to start to swing open. Another aspect I really enjoyed was the portrayal of the teen friendships in Racing Savannah. Savannah is completely new in town, but she connects with people who are warm and welcoming.

I liked how the author avoids teen cliches such as the mean girl, the nerdy boy, the school princess, etc. Miranda Kenneally creates strong, memorable female characters, without skimping on the fun and romance of being young and discovering life. The payout and getting home alive The business and economics of horseracing The mutual fund of horseracing horses A feel-good epilogue The Fleeting Career of a Racehorse I knew nothing about horseracing before reading this book.

I also had no idea how many races they ran annually. According to Mark Paul, most top horses only race 2 to 4 times at age two. The next year, that volume increases to five to eight races. By year three, they race another five to eight races. Retirement usually occurs in the fourth year. They earn 20 percent for second and 10 percent for third. The payout drops to five percent for forth and three percent for fifth.

Trainers and jockeys get 10 percent of winning purse money. Books Mentioned I ask every guest about their favorite books. I was not surprised when Mark mentioned Seabiscuit. He pays the author, Laura Hillenbrand, a tribute at the end of his book. Mark also likes narrative non-fiction.

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Local horses are usually better supported than horses coming in from other tracks. Decimal Horse Racing Odds In some parts of the world, horse racing wagers are displayed in the decimal odds format. 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. For example, betting odds of 1. Fractional and decimal odds do not perfectly translate. Odds of 5. A regular attendee of industry trade shows and conferences, Mike is a strong proponent in the idea of a well regulated online betting industry.

Free bets are non-withdrawable and stake not returned with winnings. Please Play Responsibly. New reg only. Understanding the Odds With the purpose of betting odds now explained, it then falls to you as the punter to understand how to read betting odds. If a bookmaker has for example put up odds on a football match Arsenal vs Leeds, you as the punter will want to know who the favourite is and who the underdog is. In this scenario, with Arsenal being the favourite and Leeds the underdog, the bookie will place lower odds on Arsenal to win the match.

This means that your return on your bet in terms of winnings will be lower. Should you have bet on the underdog Leeds to win the match, your winnings would be higher as they would have the higher odds. Whereas if the odds are higher, your return on your bet is likely going to be much bigger.

So in its own way, learning how to read betting odds can enable the punter to have more knowledge about what it is they are betting on. The 3 Types of Odds Fractional Odds Fractional odds have been predominantly used throughout the UK and Ireland in years past and are still the preferred form of odds today. It has been around for a very long time in the UK and is mostly used for betting on horse races. Be sure to look out for the dash symbol or a hyphen to know what type of odds the bet is.

First and foremost, you need to understand what the fraction represents for your potential bet. The number on the right is the amount bet and the number on the left is the amount that your initial wager will net you. Fractional odds form an important basis in how to read betting odds. Decimal Odds Decimal odds are used for the most part throughout Europe and have thus also been called European odds.

They are also used in Australia and Canada. This form of odds has gained popularity because it is easy to grasp and easy to use. Decimal odds require minimal effort in terms of calculating your potential winnings from your bet. Decimal odds are equally important as fractional odds when it comes to understanding how to read betting odds as a whole.

American Odds American odds, as the name suggests, are predominantly used throughout the United States.