Depending on your betting style, different types of odds might be your cup of tea. In other words, some punters consider risky wagers the perfect choice. At the same time, other bettors prefer to bet on the favourites and the odds that have more chances of resulting in a profit. In any case, we could agree that the best odds for horse racing or any other sport are the ones that are most in line with your betting strategy. Statistically, each-way bets have the highest success ratio.