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What is pool in horse racing?

What is pool in horse racing?

What is pool in horse racing?

All bets on a particular horse race are placed into a pool. A house commission to cover taxes, expenses, and profits is deducted from the pool. This is called takeout and usually amounts to 15 to 22 percent of the pool, depending on the track and the type of bet.

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  • 2023-10-16 03:52:45
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Is there strategy in horse racing?
Strategy is one of the most important factors every bettor should consider. It is what separates a successful and professional bettor from rookies and those who fail significantly in horse race betting.
2024-02-19 21:46:47


What is the safest horse racing bet?
“Straight” bets are your least complicated option and they're the safest. These involve wagering that your horse will win, place or show, meaning that he'll come in first, second or third, respectively. If you wager on him to win and he does indeed win, so do you. If he comes in second or third, you lose.
2024-02-05 10:06:51


What does 30 to 1 odds mean in horse racing?
All you have to do is multiply your bet by the whole number to find your net profit. For example, a $2 wager at odds of 30/1 would return $60 in profits ($2 x 30/1). Add in the return of your original stake, and the return would be $62. Likewise, a $2 bet placed at 10/1 would return $20 plus your initial wager.
2023-12-02 02:23:01


What does 72 odds mean in horse racing?
It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return.
2023-11-25 12:41:31

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