There are some ways to profit from horse racing betting. First, you can look for horses with good percentages. Another way is to bet on the winner and place. This can give you a nice profit when the horses finish in a close race. You can also bet on the longshots to fill the field in multiple races. Then, you can win a place bet if your pick finishes in the second or third position.

Second, you should know the odds. Parimutuel horse racing payouts are based on public sentiment. If a horse has few backers, the odds will be higher. This means that a bet of $5 on a horse with odds of 4-1 will give you a profit of $25. Other than odds of 1 and 2, you should try to find out how many people back that horse.

The first method is to place the exacta wheel on a six-horse field. You can select a horse to finish first in the race and cover all the runners who finish second. You can also place a key wager on a horse that finishes first. In this case, you'll select one or more horses to fill the banker positions. You'll also place a number of other horses as fillers in relevant placings.

If you can win the bet, you'll have more fun betting on horses. The trick is to understand how the Singapore pools odds work and stick to it. Don't let losses get you down. Play the long game and you'll be well on your way to a profitable horse racing career. It takes discipline, patience and a good understanding of the percentages. And you'll have to be able to understand these numbers to find the best bets.