Traditional Odds in Online Horse Betting\n\n This is why 'odds-on' horses still give you a profit, so if your horse goes off at 4-5 this is basically 0.8 to 1 which is a negative, but you would still return your stake too. So a winningR$50 bet at 4-5 would return a total ofR$90, giving you a profit ofR$40.
