Live Horse Racing Betting Odds
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These are the latest Morning Line odds for almost all racetracks worldwide.
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Live Horse Racing Betting Odds Calculator
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Latest Horse Racing Odds
Live Horse Racing Betting Odds
Welcome to DRF.com, your source for horse racing entries, results, live odds as well as all horse racing and thoroughbred racing news. BetUS now offers the best horse racing betting action from over 100 tracks worldwide including Australian, Dubai, English and Hong Kong horse racing. Find your preferred track on the left-hand side of this page or visit the BetUS Sportsbook to see futures and match-ups for the upcoming major races!
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Live Horse Racing Betting Odds
How to Calculate Betting Odds and Payoffs
Betting on the outcome of horse racing can be fun and profitable and, if you know what you're doing, you might even be able to beat the odds.
The horse racing betting odds for each horse are displayed on a tote board at the track or on the betting ticket online. The basic information on the betting ticket window is the 'odds to win' for each horse. Although it won't tell you how much the horse will pay, it does show the amount of profit you will get if you win and the amount you have to bet to get it. For example, 3-5 odds means that for every $5.00 you wager, you'll win $3.00.
Live Horse Racing Betting Odds Explained
Payouts are determined by how much is in the total pool (all the money bet on all the horses to win) minus the 'take' which is usually between 14%-20% depending on the track. The take varies from state to state and the money is used to pay taxes, purse money for the horsemen, expenses at the track, and the track's profit.
Most tracks require a $2.00 minimum bet, here are the pay-offs for $2 win bets:
| ODDS | ODDS | Payout | ODDS | |
| 1-5 | $2.40 | 8-5 | 6-1 | $14.00 |
| 2-5 | 9-5 | $5.60 | 7-1 | |
| 1-2 | $3.00 | 2-1 | 8-1 | $18.00 |
| 3-5 | 5-2 | $7.00 | 9-1 | |
| 4-5 | $3.60 | 3-1 | 10-1 | $22.00 |
| 1-1 | 7-2 | $9.00 | 15-1 | |
| 6-5 | $4.40 | 4-1 | 20-1 | $42.00 |
| 7-5 | 9-2 | $11.00 | 30-1 | |
| 3-2 | $5.00 | 5-1 | 50-1 | $102.00 |