Question by mcadams: How are odds on horses worked out?
U know how you hear 5/1 or 10/2 at races and on tv and in horse racing circles,
how do they work and how they made

Best answer:

Answer by Gummy bear 🙂
Things like their last races and how good they are running on different surfaces. If a horse is 5/1 you be a pound on it and it wins, you get £5 back, plus your original stake which is a quid, so you get £6 back

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