TwinSpires Commercial Training To Win - Understanding The Odds Spot

Training To Win - Understanding The OddsTwinSpires racing analyst Ashley Anderson walks novice bettors through the basics of horse racing wagering, from the concept of pari-mutuel betting, to reading and understanding the odds, and how to calculate payouts.TwinSpires Racing is owned and operated by Churchill Downs, Inc. and is the premier online horse racing wagering platform in the United States, as well as the official online betting partner of the Kentucky Derby.0:02 [Music]0:06 understanding the odds and horse racing0:08 first requires an understanding of0:10 paramutual betting also known as pool0:12 bedding paramutual bedding means0:14 replacing your wager into a pool with0:16 other horse players after the race the0:18 pool is shared equally among all players0:20 who made the winning Selections in each0:22 particular bet type0:24 prior to the race author displayed as0:26 fractions such as three to one or five0:28 to two and will fluctuate as more bets0:30 are placed into the pool the winning0:32 payouts are presented as decimal prices0:34 when place and show payouts each reflect0:37 a two dollar bet so using this example0:39 if you placed a two dollar wind wager on0:41 a horse that went off at four to one0:43 odds you'll get ten dollars for the win0:46 look out for more training to win videos0:48 to help you win big on the horses with0:50 twin spiers

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