To place it merely, all wagers taken on a specific race are pooled collectively; the home takes a minimize of the pool as a fee, and the remainder is paid again out to the profitable bettors. Notice that each one of some of these profitable bets will embody vigorish or a fee that the sportsbook prices on successful bets. The drawback is that you simply by no means know for positive what the latest odds will likely be till after the race begins. Now, think about Horse
