Horse Racing Tips By Bet Type. Some of our users like to place certain bets on horse racing. For example, some may like each-way betting, others may only bet on the live ITV races, and some like to just bet on the most popular Naps. We have dedicated horse racing tips pages for each of these types of horse racing bets. The Nap of The Day Racing
Here’s a basic horse-betting primer: Since the dawn of time, the most common horse-betting increment has been $2. Sure, you can bet a crisp $100 bill, too, but we’d suggest starting with a two
For example, imagine the payout of horse is 5 to 1, and we have a model that indicates the horse’s probability of winning is 0.2, or odds of 4 to 1. Assuming our model is faithful, we would have an edge in this case, as we would be getting an expected return of (0.2 * (5 + 1)) - 1 = 0.2 (0.2∗(5+1))− 1 = 0.2 or 20%.
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