what does 2-1 odds mean in horse racing
In horse racing, 2-1 odds indicate the potential return on a winning bet. The “2” represents the amount won for every $1 wagered, and the “1” represents the $1 wager itself. For instance, if you bet $1 on a horse with 2-1 odds and it wins, you would receive $3: $2 profit plus your original … Read more