Punters are always keen to discover the odds for the Golden Slipper, which is one of the most popular betting events on the Sydney racing calendar. Various odds are likely to be on offer from different bookmakers and online betting services, so it is always a good idea to do some research before putting your money on the line.
Golden Slipper odds are organised in the same way as other major horse races, with bookmakers paying a lot of attention to the past performances and overall form of each horse. The favourite horses are given what are referred to as short odds, which offer the smallest monetary payout in exchange for the greatest probability of success. Short odds are generally defined as anything less than $3.00, although this can change from race to race.
Beginning and casual betters often favour horses with short odds, because there is some consensus that these horses may perform well. Horses with long odds for the Golden Slipper are known as outsiders, and offer a much higher payout in exchange for a reduced chance of success. Casual punters are generally less likely to bet on outsiders, because research is often needed to take these type of bets successfully.
However, while outsiders are named that way for a reason, there have been many occasions when horses with long odds have surprised both the field and punters in the Golden Slipper. Some inexperienced punters will make the choice to pick outsiders after being attracted to the long odds on offer.
Like many other races, there are antepost odds offered for the Golden Slipper though some bookmaking services. These odds are generally available weeks before race day and guarantee a good early price for those punters with enough experience to take advantage of them. In order to get the best odds for the Golden Slipper, it is often a good idea to sign up with and compare a few different online bookmakers.