People outside the state can bet on races taking place in California as well. It's the only form of sports betting currently allowed in the Golden State. The most common bets on horse races are: 'Win', where you bet on a horse to win the race.
Sportingbet, a renowned online wagering operator, is currently owned by Entain plc, a prominent British wagering company. Previously listed on the London Stock Exchange and part of the FTSE SmallCap Index, Sportingbet was acquired by GVC Holdings.
Odds expressed in terms of money, withR$100 being the standard. If the odds are minus ( ), then that amount of money must be wagered to winR$100. (e.g. 150 means you must betR$150 to winR$100.) If the odds are plus (+), that amount of money would be earned on a successfulR$100 wager.