Long Odds or Short Odds?
Sometimes, instead of a horse’s odds being expressed as a fraction, you might hear that they are simply ‘long’ or ‘short’. This isn’t meant to refer to the horse itself – or even the jockey. Instead, odds that are said to be long (e.g. 50/1) point to the fact that a horse is very unlikely to win the race. Conversely, short odds (e.g. 2/1) indicate that a horse has a good chance of winning.