Book %

by Kaz
(UK)

Book % Profit

Book % Profit

What is the relationship between book % and number of runners in a horse race?

Answer: The book % is the assigning of odds by a bookmaker to each runner in a horse race to at least break even 100% (the round) and then an additional % profit (the overound)

Consider a 5 horse race where odds of 4.0 are assigned to each runner which equates to 25% so that 5 x 25% = 125%

If the bookmaker takes an equal amount on each horse his profit would be 25%

The number of runners would not affect the book % as the bookmaker would always try to achieve the same % profit by adjusting the odds of each horse relative to their chance of winning


Click here to post comments which will appear on the page under the original Post

Join in and write your own page! It's easy to do. How? Simply click here to return to Invitation 6 - Questions.

Horse Racing Blogs Expertido

Return to Homepage

Returns Policy: Once a customer has agreed to pay for a product or service no returns will be permitted or payments returned.

All PayPal transactions are subject to the PayPal Privacy Policy

Privacy Policy: Personal details provided to this site by an individual may be shared with third parties unless requested otherwise.

Above policies updated 15 March 2018