FINAL Odds

[Chuck Beezy]

I'm a player at Euro books mainly exchanges tbh, so forgive my naiveity when it comes to this topic.


Talking about US/Offshore racebooks.. if i pick a horse in a meet to Win, for example, at odds of 5/2 10 minutes before post time and the odds shorten to 6/5 just before the off, do I get paid at what I backed it at (5-2) or what it closed at (6/5)?

I have a feeling it's closing odds but what is the reason behind this? Why is so much value lost?

[balls2wall]

It is the closing odds

I wish you could lock in the odds at the time of the bet

[BGboothA]

Yeah unfortunately its the closing odds, not like other sports betting where your ticket is good.

Nothing worse than loving a horse at 4-1 only to see it drop to 1-1 by post time.

[Chuck Beezy]

Yeah unfortunately its the closing odds, not like other sports betting where your ticket is good.

Nothing worse than loving a horse at 4-1 only to see it drop to 1-1 by post time.

It's crazy, I guess it works both ways on outsiders backed at a low price who's odds lengthen at post then goes on to win.

I do hope this stuff evens itself out over time but must be a real pain for you guys

[nvrlose37]

Well it's pair-mutual, everyone is basically betting against everyone else in the pools.