A Win Bet
Win
A win bet is the most simple type of bet - you are betting on a horse to win a race. Bookmakers will offer odds on each horse which tell you how much you win if that selection wins. You then make a stake and if your selection wins you get your stake back plus your winnings which are based on multiplying the odds and your stake.
Example
• You bet £50 on a horse to win a race
• Bookmakers take the £50 stake out of your betting account
• If your Horse wins the race you get your £50 stake back plus you win £50 x 5 = £250
• So you get £300 in total making £250 profit
That example used odds of 5, however in practice odds can be all sorts of numbers, from fractions like 9/2 (4.5) to more complex fractions like 2/5.
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