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For a great number of horse racing fans, the use of fractions is the traditional way of viewing the odds for the runners and riders, but the use of decimals is something which has grown significantly across recent years, too.
The concept operates on the straightforward notion that you simply multiply a stake by the decimal shown and the outcome will be your total winnings.
While the use of decimals may seem very simple in that respect, it is worth bearing in mind that the concept offers up one fundamental difference in comparison to the use of fractional odds.
When it comes to decimal odds, your stake is always factored into the return that you calculate but this is not the case when following the fraction method.
As such, the fraction allows you to work out your winnings, but you will also need to factor in that your stake will also be returned to you as well.
It goes without saying that a huge number of people across the globe love betting on horse racing with bookmakers like Betfair and Paddy Power , whether they are attending race meetings in person, following the action on TV, or online via streaming services.
The first thing you need to do is selection your bet type — the options cover everything from a single to a goliath. You will then see three tick boxes.
Finally, enter the odds as provided to you by your chosen bookmaker. If there are multiple selections you wish to make, enter the odds for each of them.
Both your potential returns and profit will then be displayed. Both selections must win for you to win.
All selections must win for you to get a return. At least 2 selections need to win for you to get a return. A Yankee includes 6 doubles, 4 trebles and one accumulator.
At least 2 selections must win for you to get a return. The bet is made up of 3 singles, 3 doubles and 1 treble.
Only one selection needs to win to get a return. One winner gives you a return, although some bookmakers offer bonuses for multiple winners.
Again, one winner gives a return. At least 2 of your selections must win for you to get a return. The first is a bet on your chosen horse to win.
The second is a bet on your chosen horse to place. Obviously a win means finishing first. A place means finishing either first, or in one of a number of places — typically 2 nd , 3 rd or 4 th.
Make sure you check the place terms before making your bet. The place terms for your bet include, the number of places the bookmaker will pay out on, and the fraction of the odds you will get if the horse does place.
A Rule 4 deduction occurs when the winnings of your bet are reduced due to another horse being withdrawn from the race after your bet has been placed.
The odds shown on any horse are based on all horses competing. Win Odds can be entered in either Fraction , Decimal or American format, in accordance with the current odds format that can be changed via the Settings.
Total - the number of participants finishing in the same position. In the event of a double dead heat you should enter 2, and in the unlikely event of a triple dead heat you should enter 3.
Places - the number of places being offered by your bookmaker for the event in which your selection is taking part. Position - the finishing position for the dead heat.
If the dead heat is for first then you should enter 1, if the dead heat is for second then you should enter 2, etc. Total - the number of joint favourites, more accurately termed co-favourites if there are more than two.
Winners - the number of favourites that won the race. This will normally be 1, since a value of 0 would indicate that your selection did not win.
This value will only exceed 1 if joint favourites are involved in a dead heat for first place.The place terms for your bet include, the number of places the bookmaker will pay out on, and the fraction of the odds you will get if the horse does place. Usually 1/4 or 1/5. In each-way betting, if your horse wins, you will win both the ‘win’ and ‘place’ parts of your bet. 20/5/ · Whether you are new to the world of betting or somewhat of an old hand when it comes to having a flutter every now and again, you will undoubtedly be aware of the sheer range of options at bookmakers like Betfair and Paddy Power when it comes to having a bet.. While putting money on a horse winning a race may sound like a relatively straightforward matter, there is a wide range of bets . Check your potential winnings on accumulators, Lucky 15s and all your favourite bets with Paddy Power online bet calculator.