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With 100’s of races every day throughout the world, you will never have a problem finding an event to bet on. Due to its popularity, there are several wagers that can be placed on horse racing as well as jargon you might not be familiar with. This agreement saw a rise in the number of states happy to offer a range of OTB venues.

If you want to calculate the potential return with decimal odds, simply subtract 1 from the displayed number and times the remainder by your bet. For instance, if you make an even money wager it will be displayed as 2.0. Once your bet is made, your selection will be added to your betting slip.

Betting Basics

A horse's genetic background may suggest that they've inherited a winning characteristic, such as speed.