## Horse Racing Betting Terminology: Odds

Of course, everybody knows what is meant by quotas, but here is the specific form of quotas in horseracing are discussed. Nevertheless, for now, generally: The rate is the multiplier of the use, to calculate their profits. Put more simply, this means that you can calculate your potential gain (G) in which you multiply the use made (E) with the selected rate (Q). The result of this calculation gives the win, so: E * Q = G. If several rates the statement is identical. Each additional quota is another multiplier represents with each combined single bet this increases the overall rate, the potential profit and the risk: E * (Q1 * Q2 * Q3 * Q4 * …) = G.

Quotas can be specified in different ways. The most common variant is that the decimal numbers. This variant is also best for the above statement, as the number does not have to be rewritten. So to take one example, that you want to bet on three singles, wherein the first a rate of 2.40, the second is a ratio of 3.80, and the fourth a rate of 4.00, there would be a use of € 10 following statement and thus yield the following profit: 10 * (2.4 * 3.8 * 4.0) = 364.80 €.

However, there are other spellings as quotas can be displayed. The above rates would look like after European notation as follows: the representation resulting from the usual flaunt in relation to ten: 24:10, 38:10, and 40:10.

In horse racing, it is also important to know that the final quotas are usually only after the start of the race. The above rates are known in the jargon Tote odds have no definitive. Rather, these are the rapid changes in orientation and should suggest to the betting friend that in this case. Shows the actual happenings’, the course of the race could quite possibly on its head.

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