This means that for every £1 that you stake, you will receive £5 in profit for a total of £1 + £5 = £6. There are three types of betting odds:Īs is obvious from their name, fractional odds are represented by fractional figures, e.g. If you are totally new to betting in general, it is crucial to understand the different types of betting odds available. For this reason, we've prepared a detailed guide on what to do in case your bet gets postponed, cancelled, or voided. This is a query commonly asked by both beginner and expert punters. What Happens if a Match I Bet on Is Cancelled? These are some of the more popular bets made on horse races: Below are four important terms you'll come across when sifting through various horse racing markets:
