Triple Crown betting odds are interesting to calculate.A lot of gamblers don’t know how Triple Crown wagering odds are calculated. In today’s high tech world it is not a necessity to know exactly how Triple Crown odds are formulated but it does help.
Triple Crown betting odds are not always what they appear because the track take is involved. The Triple Crown betting odds are pretty easy to understand though. If you see odds of 4-1 in Triple Crown betting odds it means that you will win $4 for every $1 that you risk. If you see something like 8-5 on the Triple Crown betting odds board it means that you would win $8 for every $5 you bet. These two examples include getting your original bet back plus your winnings.
Triple Crown odds tote boards will round things odd to the nearest five or ten cents. Most of the time when you are involved in Triple Crown wagering the minimum wager will be $2. The Triple Crown odds tote board will show the win pool, the place pool, the show pool and some of the exotic pools. The win pool is the amount of money that has been taken in on all of the horses in Triple Crown odds to win. What gamblers sometimes forget is that the entire amount of the pool is not paid back to the gamblers. The track takes out their percentage, which can be 15-20 percent. That is a huge amount of money and why it is tough to win on a regular basis in Triple Crown wagering.
Triple Crown odds really don’t show the track take as part of the equation. You as a gambler just have to know that you are fighting a house edge of 15-20 percent and that is a tough nut to crack as you examine Triple Crown odds. That is why gamblers that want to win money at Triple Crown wagering will look to hit a big ticket on an exacta, trifecta, superfecta, pick three, pick four or pick six. The exotics are often the way to get involved in betting the Triple Crown races since the payoffs can sometimes be large and worth the money.