9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake). If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race. In spoken form this is “Four-to-one on”.
The 9-4 betting odds probability is a 69.23 per cent probability of a particular outcome and 30.77 per cent probability of another outcome. The 9/4 odds implied probability means your selection has a 30.77% chance of winning and a 69.23% chance the selection will lose.
What does 9 to 5 odds mean? 9-5 Betting Odds means that out of 14 potential outcomes, the 9/5 odds are that there will be 9 of one kind of outcome and 5 of another kind of outcome. The 9-5 odds calculation means for every 14 betting events your selection should win 5 times and on 9 occasions the selection will not win.
Sometimes, when a horse is below the odds of 5 to 1, you might see two numbers with a “-” between them. The odds of 9-2 or 8-5 are typical examples. In the case of 9-2 odds, this means that, for every $2 bet, you would win about $9 and get $11 back (maybe some change, too).
The 9-1 betting odds probability is a 90.00 per cent probability of a particular outcome and a 10.00 per cent probability of another outcome. The 9/1 odds implied probability means your selection has a 10.00% chance of winning and a 90.00% chance the selection will lose.
9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake). If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race. In spoken form this is “Four-to-one on”.
With horse racing odds, the first number (the numerator) shows how many units you stand to win, and the second number (the denominator) shows how many units you must risk to win that much. For example: 10-1 odds: You will win 10 units for every 1 unit wagered. 7-2 odds: You will win 7 units for every 2 units wagered.
7 to 1 odds payout
If you wager a bet on a 7/1 betting odds selection and you win, your total payout will be 8.00 which is your stake back plus 7.00 profit.
Trainers can usually also enter a horse rated one or two pounds above the ratings band. This horse can run if there is space for it (See Eliminations section, below.) but it must carry extra weight above the usual top-weight. So in this case an 82-rated horse would carry 9-9.
Rule 4 is a general rule of betting which relates to the reduction of winnings when a horse you have backed wins or is placed. They are made when a horse is withdrawn from a race because it becomes easier for the other runners to win. An amount of money is taken out of winnings to balance the effect of the non-runner.
The 7-4 betting odds probability is a 63.64 per cent probability of a particular outcome and 36.36 per cent probability of another outcome. The 7/4 odds implied probability means your selection has a 36.36% chance of winning and a 63.64% chance the selection will lose.
4-11 Betting Odds means that out of 15 potential outcomes, the 4/11 odds are that there will be 4 of one kind of outcome and 11 of another kind of outcome. The 4-11 odds calculation means for every 15 betting events your selection should win 11 times and on 4 occasions the selection will not win.
6-4 Betting Odds means that out of 10 possible outcomes, the 6/4 odds are that there will be 6 of one kind of outcome and 4 of another kind of outcome. The 6-4 odds calculation means for every 10 betting events your selection should win 4 times and on 6 occasions the selection will not win.
Just like the Jackpot bet, the Scoop 6 will rollover after any week it's not won, creating opportunities for people to win life-changing sums of money. The Scoop 6 has been won by pin-sticker housewives and professional syndicates, all of whom will tell you that the most profitable horse racing bet is the Scoop 6.
Remember the 1-2-3 rule.
1: Foals should stand by one hour of age. 2: Foals should successfully nurse by two hours of age. 3: Mares should pass her fetal membranes within three hours of delivery.
The longest odds for a winning horse at the Grand National is 100/1 and was achieved by Tipperary Tim (1928), Gregalach (1929), Caughoo (1947), Foinavon (1967) and Mon Mome (2009).
With the standard 30-1 you'd get at most craps tables, bets on 2, 12 or hard hop bets give the house a 13.89 percent edge. If the payoff is 31-1, the edge drops only to 11.11 percent. True odds are 35-1, so there's a long way to go from 30-1 before these become viable bets.
9 to 2 Implied Probability
The 9-2 betting odds probability is an 81.82 per cent probability of a particular outcome and an 18.18 per cent probability of another outcome. The 9/2 odds implied probability means your selection has an 18.18% chance of winning and an 81.82% chance the selection will lose.
8-11 Betting Odds means that out of 19 possible outcomes, the 8/11 odds are that there will be 8 of one kind of outcome and 11 of another kind of outcome. The 8-11 odds calculation means for every 19 betting events your selection should win 11 times and on 8 occasions the selection will not win.
By the late 17th century, these horses were being raced successfully over quarter-mile courses in Rhode Island and Virginia, and hence received the name Quarter Horses. The Quarter Horse was bred for performance and had considerable Thoroughbred blood as well as traits of other lines.
Odds are presented as a positive or negative number next to the team's name. A negative number means the team is favored to win, while a positive number indicates that they are the underdog.