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  2. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Here the bettor picks a horse and bets it will win, and makes an additional bet that it will show, so that theoretically if the horse runs third it will at least pay back the two bets. The Canadian and American equivalent is the bet across (short for across the board): the bettor bets equal sums on the horse to win, place, and show.

  3. Betting on horse racing - Wikipedia

    en.wikipedia.org/wiki/Betting_on_horse_racing

    A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...

  4. Starting price - Wikipedia

    en.wikipedia.org/wiki/Starting_price

    In horse racing and greyhound racing, the starting price (SP) is the odds prevailing on a particular entry in the on-course fixed-odds betting market at the time a race begins. The method by which SPs are set for each runner varies in different countries but is generally by consensus of an appointed panel on the basis of their observations of ...

  5. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    Favoured by bookmakers in the United Kingdom and Ireland, and also common in horse racing, fractional odds quote the net total that will be paid out to the bettor, should they win, relative to the stake. [8] Odds of 4/1 would imply that the bettor stands to make a £400 profit on a £100 stake.

  6. How To Turn a $5 Horse Bet Into $100 - AOL

    www.aol.com/turn-5-horse-bet-100-193507552.html

    The Kentucky Derby and Preakness Stakes are in the record books, which leaves only the Belmont Stakes in June to complete horse racing's Triple Crown. If you are already getting ready to wager on ...

  7. Fixed-odds betting - Wikipedia

    en.wikipedia.org/wiki/Fixed-odds_betting

    Fixed-odds betting is a form of gambling where individuals place bets on the outcome of an event, such as sports matches or horse races, at predetermined odds. In fixed-odds betting, the odds are fixed and determined at the time of placing the bet. These odds reflect the likelihood of a particular outcome occurring.