- Live Horse Racing Betting Odds Calculator
- Live Horse Racing Betting Odds
- Live Horse Racing Betting Odds
- Live Horse Racing Betting Odds Explained
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BetAmerica is a sportsbook, casino, and horse racing platform offering a world-class, full-spectrum betting experience available at retail locations, online, and from our mobile app. BetAmerica offers more than 5,000 races per week, classic casino table games and slots, and around-the-clock pre-game and live sports betting on every major sport. Odds express the likelihood of an outcome in a race happening – most commonly a horse winning the race. The odds are most commonly presented as fractional for those in the UK and Ireland, such as 3/1 – though users of the Betfair Exchange will likely be more aware of the decimal format – for instance 4.00. Horse Racing Odds Bovada Racebook. Plus online Horse Betting, Breeders Cup odds, Belmont Stakes betting lines and bet on the Kentucky Derby. Check out the latest Horse Racing betting odds at SportNation, the best 24/7 sports betting action and always get rewarded.
Live Horse Racing Betting Odds Calculator
These are the latest Morning Line odds for almost all racetracks worldwide.
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Latest Horse Racing Odds
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How to Calculate Betting Odds and Payoffs
Betting on the outcome of horse racing can be fun and profitable and, if you know what you're doing, you might even be able to beat the odds.
Live Horse Racing Betting Odds
The horse racing betting odds for each horse are displayed on a tote board at the track or on the betting ticket online. The basic information on the betting ticket window is the 'odds to win' for each horse. Although it won't tell you how much the horse will pay, it does show the amount of profit you will get if you win and the amount you have to bet to get it. For example, 3-5 odds means that for every $5.00 you wager, you'll win $3.00.
Payouts are determined by how much is in the total pool (all the money bet on all the horses to win) minus the 'take' which is usually between 14%-20% depending on the track. The take varies from state to state and the money is used to pay taxes, purse money for the horsemen, expenses at the track, and the track's profit.
Most tracks require a $2.00 minimum bet, here are the pay-offs for $2 win bets:
Live Horse Racing Betting Odds
| ODDS | ODDS | Payout | ODDS | |
| 1-5 | $2.40 | 8-5 | 6-1 | $14.00 |
| 2-5 | 9-5 | $5.60 | 7-1 | |
| 1-2 | $3.00 | 2-1 | 8-1 | $18.00 |
| 3-5 | 5-2 | $7.00 | 9-1 | |
| 4-5 | $3.60 | 3-1 | 10-1 | $22.00 |
| 1-1 | 7-2 | $9.00 | 15-1 | |
| 6-5 | $4.40 | 4-1 | 20-1 | $42.00 |
| 7-5 | 9-2 | $11.00 | 30-1 | |
| 3-2 | $5.00 | 5-1 | 50-1 | $102.00 |
Live Horse Racing Betting Odds Explained
