Sports Articles - Calculating True Horse Power!
- Date: 2009-10-26 - Word Count: 461
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Betting on a horse in a race can be a bit confusing. Many people don't know how it works. It's 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; let's 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 you're 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 one's 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.
About Author:-
Max Broad is a freelancer and writes reviews on various sports betting website. In this piece of write up Max highlights one of the upcoming horse betting website named sportsbook.com that proves handy for guys who want information on horsebook and online horse betting.
Related Tags: betting on horses, betting on horse racing, horse betting, bet on horses, horse bet, bet on horse racing, breeders cup betting, horse bets, horse betting odds
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