Horse Racing Betting & Odds at a Live Sportsbook in Singapore

When it comes to horse racing betting, there are two main types of betting odds: fractional and decimal. Fractional odds are more traditional, meaning that for every dollar you bet on a horse, you'll receive $4 in return if the horse wins. Decimal odds, on the other hand, are more common in Europe. These are displayed as "5.00." The difference between decimal and fractional odds lies in the method of calculation used to arrive at the odds.

The odds on a horse race change according to the number of bets on the race, which varies throughout the day. Each horse has a favorite, which is the horse with the greatest chance of winning. Other horses, called joint favorites, are also listed with their odds. In general, the favorite is the shortest price and the favorite has the greatest chance of winning the race. A joint favorite will have the highest odds, but not necessarily win.

The odds on a horse race are published by the track's handicapper and are published in the program and racing form. You can also see the odds at a live sportsbook Singapore. They fluctuate and are updated throughout the race. A horse will move in the odds before the race begins. In the meantime, you can use odds to determine the odds on a horse, and place your bets accordingly. For example, if you bet $5 on a horse, you'll receive $25 if it wins.

When determining the odds on a race, remember that different horses have different running styles. A front-running horse will typically win the race by going wire-to-wire. A stalker will sit after the first flight and be at the back of the field, while a closer will try to make a late move. If you're not sure how to determine the odds of a horse, look at its speed figures.