Listed below are the most up-to-date horse racing odds for the upcoming races. Below the lines is a How To Guide on reading Horse Racing Odds.
Understanding the odds in horse racing is really simple and you shouldn’t find it very difficult after reading through this guide. The confusing part when it comes to betting on horses is being able to learn all of the types of bets that you can make. We’re also going to take a look at every type of bet you can make in horse racing so that you have an idea about what you can wager on.
To understand the odds we’re going to take a look at an example of a “win” bet. A win bet is when you wager on a horse to win the race.
• Mine That Bird – 10/2
The above odds for the horse Mine That Bird are showing you that the bookie thinks the horse has a 1/5 chance of winning the race. With the odds set at 10/2 this simply means that you’ll win $10 for every $2 you wager if your horse wins the race. It should also be noted that the odds will change leading up to the race based on how many people are wagering on the given horse. If lots of people are betting on a given horse then the odds will become worse and when hardly anyone is betting on a given horse the odds will become juicier.
Types of Bets
• Win – This is a bet where you pick one horse and that horse must win the race.
• Place – This is a bet where you pick one horse and that horse must finish in first or second place.
• Show – This bet is where you pick one horse and that horse must finish the race in the top three.
• Across The Board – This is a bet where you pick one horse to finish in the top three. The only difference between this bet and the show bet is that if your horse finishes in second place you win both the show and place bet, and if your horse wins the race you win the show, place and win bet. So you can potentially win three bets with this one bet.
• Exacta – A bet where you need to pick the horse that will win the race and the horse that will finish in second place.
• Exacta Box – A bet where you need to pick the top two horses in the race, but they don’t need to be a in a specific order like the exacta bet.
• Quinella – Same as the exacta box except its only one bet where the exacta box is considered two bets.
• Trifecta – A bet where you need to pick the top three horses in the exact order of their finish.
• Trifecta Box – A bet where you need to pick the top three horses, but they don’t need to finish in any specific order.
• Superfecta – A bet where you need to pick the top four horses in the exact order they finish.
• Superfecta Box – A bet where you need to pick the top four horses although they don’t need to be in any exact order.
• Daily Double – A bet where you need to pick the winner of two consecutive races throughout the day.
• Pick 3 – A bet where you need to pick the winner of three consecutive races throughout the day.