Understanding the Odds

In parimutuel wagering, players wager against each other, not the house. The host tracks take a percentage of the total of each pool, and the rest of the pool is split between the winners. The percentage taken varies from track to track, pool to pool. For exact information, we recommend contacting the host track for more information about their takeouts for various pools.

Our website only displays Win odds. The odds you see on our website represent an approximation of the ratio of wagers on a particular horse to the total wagered in the Win pool. This also tells you the approximate profit from a wager on that horse. The horse(s) with the lowest odds will be highlighted in gold, indicating that they are the favorite. If more than one horse is highlighted, you can refer to the Win pool on the right. The horse with the most money in its Win pool is the favorite. Odds are not a predictor of winning. The favorite horse loses about 2/3 of the time.

TVG displays fractional odds, so if they show as "5" for a particular horse, that would be read as "5 to 1", meaning that for every dollar you wager on that horse, you can expect a profit of about $5 if the horse wins. If you wager $10 on a horse that is 5/1 and that horse wins, your payout will be approximately $60, which is a $50 profit (5 x 10) plus your original $10 stake. If you wager $10 on a horse that is 1/5 and that horse wins, your payout will be approximately $12, which is a $2 profit (1/5 x 10) plus your original $10 stake.

The payouts we display in our results section are based on a $2 wager unless otherwise stated.