OTB.Run utilizes a system known as 'parimutuel odds'. This can seem complicated, but realistically it works quite effortlessly in practice. Here are the main things you need to know: #1. Your Odds are not confirmed until the "Event Lock" Time. This is probably the biggest thing to learn about Parimutuel Odds. It doesn't matter what the Odds say when you are Placing a Wager -- what matters is the Closing Odds, or the Odds when no more Wagers are allowed to be placed. (typically at the start of a Race or an Event) #2. Winner's Payouts are proportional to what is Wagered. The Winner's Payout is determined by dividing your share of the winnings proportional to what you risked. For example, if Person A wagers .04 on the Horse "Billions"…