# How do you call a person who bets money on horse races?

## What are 30 to 1 odds?

This means that out of 31 possible outcomes, odds are that there will be 30 of one kind of outcome and 1 of another kind of outcome. For every 31, odds are that 30 will be a particular event and 1 will be another event.

Odds conversion

## What does 12 to 1 odds pay?

For every 13, odds are that 12 will be a particular event and 1 will be another event. There is a 92.31 percent probability of a particular outcome and 7.69 percent probability of another outcome. If you bet 1 on a game with 12 to 1 odds and you win, your total payout will be 13.00 which is your bet plus 12.00 profit.

## How much money would you win if you bet \$100?

This means for every \$100 you bet, you win \$200.

## Which team will cover the spread?

The Point Spread: When betting on basketball, the team you bet on must “cover the spread.” This means the team must win or not lose by a predetermined margin of points. Example: Bet No. Note: The bottom team is always listed as the home team unless otherwise noted.

## What does against the spread mean?

Betting “against the spread” (ATS) just means you’re betting on the point spread in a particular matchup as opposed to the moneyline, or some other type of wager. Bettors often use a team’s ATS record to gauge its performance against the spread.

## What does I’ll take the under mean?

An over–under or over/under (O/U) bet is a wager in which a sportsbook will predict a number for a statistic in a given game (usually the combined score of the two teams), and bettors wager that the actual number in the game will be either higher or lower than that number.

bettor

## Can you get rich off horse racing?

Yes, that is quite possible. The most common way to make a living gambling on horse racing is by being a bookie. There are plenty of horse racing bookies who make a decent income taking racing bets. There are not that many that make a living just on horse racing as punters though.

## What do you call someone who bets?

bettor – someone who bets. wagerer, better, punter. taker – one who takes a bet or wager.

## How do you call a person who bets money on horse races?

Better, bettor, punter, gambler- someone who bets.