2007-01-10 01:44:49 · 4 answers · asked by mwilding1981 2 in Sports ➔ Horse Racing
A bit more explanation I believe is needed. They are all seperate pools but if we look at the win pool we will get a percentage as to the hroses chance of winning. Based on this and assuming no other pools how can we find out what chance it would have of either place or show?
2007-01-10 07:03:43 · update #1
Still not sure if anyone is understanding my question. Sorry for not asking it correctly. I will try again. If a horse has win odds of 3/1 then you know that the public think it has a 25% chance of winning. So if we take that 25% chance of coming 1st how do we work out what chance it has of coming in the top 2 and then the chances of it coming in the top 3? Obviously this will vary based on the total amount of runners in the race.
2007-01-12 08:20:42 · update #2
Well, if you want to handicap based on the odds, there are two ways to do it in my opinion. Horses whose odds move either way up or way down from the morning line are both worth looking at for a bet. When a horse's odds drop from the morning line, and if it isn't a horse a already have, I always take another look at the horse to see what all the other bettors are seeing. On the other hand, if a horse's odds go up from something fairly low on the morning line, say 5-1 or less, and they increase to 8-1 or higher, I figure that's a good bet--the oddsmaker thought there was something there, and a lot of times there is. Sometimes the public just all latches on to one horse and puts the money there. As for place and show, I usually reserve show bets for horses that I think look good and have odds of 5-1 or more and for place, I think place is a good bet when one horse is going at really low odds like 6/5 and you think you see another horse that looks pretty good.
2007-01-10 10:40:26 · answer #1 · answered by Edward K 5 · 0⤊ 0⤋
For every 2 dollars you put up, the return if said horse wins would be 13 dollars. 6-5 odds, for every $5 you put up you will get back $6 if said horse wins. There are no calculators or razzle dazzle to it. Pretty simple... The hard part is picking a winning horse...
2016-05-23 03:48:18 · answer #2 · answered by Anonymous · 0⤊ 0⤋
They are all separate pools that have nothing to do with each other. This is why occasionally you will get a higher payoff on a place or show bet than the win.
2007-01-10 05:09:02 · answer #3 · answered by k_silver67 3 · 0⤊ 0⤋
Seperate pools based on how many tickets in the pool win/place show/
2007-01-12 06:34:11 · answer #4 · answered by simplydelicious 5 · 0⤊ 0⤋