Hello, Elle!
You "may" get better odds, but with some bets you will lose your money, if, say, Vic does not make it to Cheltenham.
Other bookies are more generous. "Non runner, no bet"
You takes your chance!
I have had a "double" on for quite a while, Faugheen in the Champion Hurdle, and Air Force Blue in the Guineas.
I have good odds for the pair, much better odds than they are at now, but things can go wrong.
Thoroughbreds are delicate creatures.
So, I am happy with that bet, and when Cheltenham arrives, I will browse through all my favs, like Nina, Ruby Walsh, Davy Russell, Paul Nicholls, Wilie M, etc, and pick two or three each day. Just for fun!
I have a bet on Phil Mickelson to win the golf at Pebble Beach this weekend. I can watch it on my TV and the bet adds a bitty spice, that's all. If good old Phil is in the top five, I make a profit. And Pebble Beach is a beautiful place to be.
Wonderful scenery etc. It's in California.