TVG Horse Racing & Online Horse Betting | TVG.com » Horse Racing Odds http://blog.tvg.com Mon, 28 Sep 2009 22:54:13 +0000 http://wordpress.org/?v=abc en hourly 1 Why Following the Best Horse Racing Odds Do Not Always Make You Win http://blog.tvg.com/why-following-the-best-horse-racing-odds-do-not-always-make-you-win.html http://blog.tvg.com/why-following-the-best-horse-racing-odds-do-not-always-make-you-win.html#comments Fri, 31 Jul 2009 16:34:50 +0000 admin http://blog.tvg.com/why-following-the-best-horse-racing-odds-do-not-always-make-you-win.html Horse racing odds help significantly in choosing the winner of the race. The heavy favorites almost always win. But these odds offer an inconsistent system of betting that offers no guarantee whether or not you will go home a winner by the end of the race day.
The odds in a race determine which horse has the biggest chances of crossing the finish line first. They are based on the ticket sales that an entrant gets from the betting public. A horse is said to be a favorite when many people have placed a bet on its name. In most cases, the favorite will win. When it does, the pay-out is small because many people are winners and they all have to share the winnings.
There are times, however, when the top horse cannot be expected to win the race. Although there is a favorite that gets the most sales, the bets are spread almost evenly to all the entrants of the race. It is in races such as these that reading the odds becomes difficult. It is also in these kinds of races where surprise winners can emerge with huge returns.
The ability to time when to bet high and when to bet low is a skill that helps win bets on horse races. It does not guarantee winning in each race. It tries to make sure, however, that after the race day, the winnings are higher than the losses.
The spread of the odds, past performances of the horses and their average time, the distance of the race, among other things, are numbers that every horse racing enthusiast should consider when making a bet. It is not enough to just ride the hot horse.
To learn more about horse racing odds and receive valuable tips, simply visit TVG.com or call 1-888-PLAY-TVG.

]]> http://blog.tvg.com/why-following-the-best-horse-racing-odds-do-not-always-make-you-win.html/feed 0 TVG’s Information is Indispensable for Playing Horse Racing Odds http://blog.tvg.com/tvg%e2%80%99s-information-is-indispensable-for-playing-horse-racing-odds.html http://blog.tvg.com/tvg%e2%80%99s-information-is-indispensable-for-playing-horse-racing-odds.html#comments Mon, 16 Feb 2009 07:47:40 +0000 admin http://blog.tvg.com/tvg%e2%80%99s-information-is-indispensable-for-playing-horse-racing-odds.html A lot of amateur horseplayers believe that the horse racing odds posted every morning are set in stone. What they don’t know is that the odds are influenced by more than one person or group, and that they remain dynamic until the windows are closed for a particular race.

The first odds that you will see belong to the morning line, a relatively good place to start from. Keep in mind, though, that the morning line is usually done by track employees who are aiming to boost the amount of money placed on certain horses. Even amateurs won’t bet on a 99-to-1 horse, but what if the morning line rates the same horse at 48-to-1? It suddenly becomes a more palatable bet particularly to newcomers who fancy themselves naturally gifted gamblers.

Handicappers who offer their services to the public, either through ‘free’ channels like newspapers or for small fees, are potentially good reference points for setting horse racing odds. Shop around and ask people if the handicapper or service you’re considering has been consistently correct.

The best way to set odds is really to do your own research. Use the tote board to calculate your own horse racing odds as well. Start by subtracting the ‘take,’ or percentage that goes to taxes and race expenses, from the total pool. Next, subtract from that number the amount bet on the horse in question. Last, divide the result by the amount bet on the horse to get the actual odds for every dollar bet. Supplemented by fine handicapping information, these odds will help greatly in deciding which horses to back.

Of course, the services of an acknowledged expert in the field will make things much more efficient. TVG.com, one of the most successful companies in this field, offers track results and horse racing odds calculated by the finest handicappers in the business and backed by precise historical data and projections from TrackMaster and the Equibase Company. Making your own decisions on horse race bets have never been easier thanks to TVG’s superior services. See the odds for any upcoming race, as well as past results and other information by visiting TVG.com.

]]> http://blog.tvg.com/tvg%e2%80%99s-information-is-indispensable-for-playing-horse-racing-odds.html/feed 0 Understanding Horse Racing Odds http://blog.tvg.com/understanding-horse-racing-odds.html http://blog.tvg.com/understanding-horse-racing-odds.html#comments Wed, 08 Oct 2008 16:40:24 +0000 admin http://blog.tvg.com/understanding-horse-racing-odds.html Throughout the world, horse racing has become an extremely popular sport. It is practiced today in many countries. In most cases thoroughbred horses are raced, but that is not always the case. Individuals who think they are able to determine which horse and jockey will cross the finish line in first, second or third place, place wagers on the outcome of the race. One the important elements that needs to be understood when placing wagers are horse racing odds. Odds affect the way in which bets are paid out, so it is important to pay attention to them.

When you visit a horse track or go online to place a bet, you will see horse racing odds displayed. At the track, the odds are displayed on a large board known as a tote board. You can also find horse racing odds online as well if you prefer to place your bets that way.

Horse racing odds are represented in regards to the amount of money that can be collected relative to the amount of money that is wagered. For example, if the odds are listed as 3:1 on a specific horse race and you bet $2 for that specific horse to win and the horse does come in for the race in first place then you will receive $6.

Horse racing odds can change throughout the day. One of the reasons that odds can change is the way in which bets are placed throughout the day. Odds are likely to continue changing throughout the day until the races close. When placing bets it is important to remember that bets are always paid out on the odds that are published at the close of betting and not at the time that you actually placed your bet on the race.

]]> http://blog.tvg.com/understanding-horse-racing-odds.html/feed 0 How Do You Use Horse Racing Betting Odds? http://blog.tvg.com/how-do-you-use-horse-racing-betting-odds.html http://blog.tvg.com/how-do-you-use-horse-racing-betting-odds.html#comments Thu, 24 Jul 2008 03:21:26 +0000 admin http://blog.tvg.com/how-do-you-use-horse-racing-betting-odds.html Horse racing betting odds is an important part of betting on any horse. How do you use these odds to help you win the race? For some people, going against the odds pays off larger and therefore is worth the risk. For others, earning a small amount of money with more frequency is a better option. It is up to you to determine the best route to take for your own goals and your own style of betting.

The first thing you will need to do is to find the best source for horse racing betting odds. Accurate information is an important part of the betting process, so look for a reliable source. You may not realize you can actually find these odds right online through various online forums and companies. These are often up to the minute odds and they often deliver the best payouts because of their accuracy.

If you are new to horse racing, it is also important to consider horse racing betting odds for what they are. If you do not know enough about the odds to make a good decision, you may want to get some background information. Some of the online betting websites will provide you with the information you need including explaining the process for you.

Once you have horse racing betting odds, choose the right horse for your needs. If you are still unsure about the best route to take, why not find out what others are doing. If you are using an online service to help you, this task is much easier to do. There are online chat boards that you can use to discuss your horse racing betting odds and much more. This bit of communication can deliver the results that are most important to you.
Learn more at TVG.com.

]]> http://blog.tvg.com/how-do-you-use-horse-racing-betting-odds.html/feed 0 Horse Racing Odds Determine Your Winnings http://blog.tvg.com/horse-racing-odds-determine-your-winnings.html http://blog.tvg.com/horse-racing-odds-determine-your-winnings.html#comments Tue, 27 May 2008 19:00:03 +0000 admin http://blog.tvg.com/horse-racing-odds-determine-your-winnings.html When you bet on a horse at a horseracing meet, one of the most important things you need to take into consideration before placing your bet is the horse racing odds. Whether you are betting small amounts of money or large amount of money, the money that you are contributing to the win, place and show pools in pari-mutuel betting affects the horse racing odds as does the money that others are betting on the same horses.

Horse racing odds begin for each race at a preset odd that horse tracks base on horse behavior, connections such as horse trainers & jockeys and race conditions. Then as people place bets on horses to win, place or show, the horse racing odds for each particular horse rises, stays the same or decreases depending on how many people bet on each horse to win, place or show.

For instance, if you were to place a large bet on a long shot, the current horse racing odds for that horse would decrease slightly. On the other hand, if very few people place bets on a favorite, say a horse with 2 to 1 odds, the horse racing odds would increase accordingly.

The horse racing odds determine how much money you win if your pick wins, places or shows. If you bet two dollars on a horse to win that has 2 to 1 horse racing odds when the horses run the race and that horse ends up winning, you will win twice the amount that you bet plus your initial bet so that you end up with six dollars rather than two dollars after you win.

Many factors are key factors to what makes valuable horse racing odds what they are. To discover more about these factors, visit TVG.

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