There are many things to consider when you start betting on horse racing but it is important that you have a good understanding of the different odds that may be available to you. Ensuring you get good value from every one of your bets can make the difference between breaking even and making a profit. When you bet online on racing at Bet Victor you can enjoy access to some of the best prices around and this will further help you to turn your bets to a profit.
Typically, your horse will be given a price that is odds against. This means that the horse has less than a 50/50 chance of winning the race. If your horse wins you will receive your stake back and you will also receive wings calculated as your stake multiplied by the odds against it winning. So, if you stake £10 and your horse wins at 5/1 you will receive your £10 back plus £50 winnings.
Some horses are deemed to have exactly as much chance of winning the race as not winning the race. When this occurs, they are given odds of evens, or even money. This may be displayed as 1/1 or Evs on the race card. Calculating your winnings works in the same way as odds against horses. You will always receive your stake back, plus your stake as winnings so you will effectively have doubled your money for choosing an even price winner.
Some horses are deemed to have more chance of winning than of finishing second or lower. The prices for these horses are known as odds on and you may see prices like 1/2 or 4/7. Your winnings are still calculated in the same way so a £10 winning bet at 1/2 odds on would net you winnings of £5 plus your original £10 stake returned to you.
When you bet online on racing at Bet Victor you can choose whether you prefer to see fractional or decimal odds. You can also watch replays of races you have an interest in or, if you have placed a bet of at least £1 you will be given the opportunity to watch the race unfold live on the site.
If you’re looking for some of the best prices available then register today and bet online on racing at Bet Victor.