In the United States, state laws separate sportsbooks and the best horse racing betting sites. Even though you cannot bet on horse racing on sports betting apps, there are many racebook apps with ...
When Animal Kingdom romped to victory in the 2011 Kentucky Derby, he did so at odds of 21-1. Anyone who bet on the horse when the initial morning line was set did so when Animal Kingdom was 30-1.
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Over the years, I’ve gotten a lot of questions about fair odds — what are they, how do you produce them, and what are they good for? Let’s start with the latter. In a pari-mutuel market, it is simply ...