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Odds of 33/1 ("double carpet") – arms crossed, hands flat against the chest Within the UK there are some regional variations in the signals, for example in the south odds of 6/4 are represented by the hand touching the opposite ear, giving the slang term "ear'ole", whereas the same odds are indicated in the north by the hand touching the ...
Betting on the Favorite, an 1870 engraving. Betting on horse racing or horse betting [1] commonly occurs at many horse races. Modern horse betting started in Great Britain in the early 1600s during the reign of King James I. [2] [3] Gamblers can stake money on the final placement of the horses taking part in a race.
Some horse racing betting systems can be based on pure statistical analysis of the odds, while others also analyze physical factors (e.g. the horses' form, jockey form and lane draw). Common forms of betting systems for horse racing are: hedging - betting on multiple outcomes in a race; arbitrage - lay the horse a low price and back it at a ...
That is, in a horse race where one horse is given odds of 2-to-1, and another 100-to-1, the true odds might for example be 1.5-to-1 and 300-to-1 respectively. Betting on the "longshot" is therefore a much worse proposition than betting on the favourite.
In horse racing and greyhound racing, the starting price (SP) is the odds prevailing on a particular entry in the on-course fixed-odds betting market at the time a race begins. The method by which SPs are set for each runner varies in different countries but is generally by consensus of an appointed panel on the basis of their observations of ...
A £10 each-way single on a 10-1 selection in a horse race and paying 1 ⁄ 4 the odds a place 1, 2, or 3 would cost £20.. Returns on the win part of the bet would be £10 × (10/1 × 1) + stake = £110 (£100 winnings + £10 stake)
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Blew like a north wind: Said about a horse whose odds have lengthened dramatically during the course of betting. Blinkers: A cup-shaped device used to limit a horse's vision during a race and improve concentration. [1] Bloused: To be caught on the line or defeated in a photo finish. Blow: When the odds of a horse increase during betting. [6]