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You can put several forms of bets on horses. The commonest bet is termed a straight staked. In a straight bet you bet on one particular horse at given opportunities. You only collect money if the horse you bet on wins, and what kind of money you collect will be in proportion towards odds. For example, let’s pretend you bet 100 dollars on the “Raging Stallion” who has odds of 2/1 to win. Assuming that Raging Stallion wins, you would collect 200 dollars. If Raging Stallion loses, however, you will forfeit all of one’s money.
