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How to Calculate Horse Racing Betting Odds and Payoffs

    https://www.liveabout.com/how-to-calculate-betting-odds-and-payoffs-1879161
    To calculate the exact odds on your horse, just subtract the take from the total pool, then subtract the amount bet on your horse to give you the amount of cash to be paid out. Divide that figure by the amount bet on your horse to get the exact odds.

Horse Racing Odds: How to Read Odds & Calculate Payouts

    https://www.amwager.com/blog/horse-racing-odds/
    Odds are simply the way prices and payouts are shown at a horse track. The numbers displayed as 4-7 or 2-5 tell you what you pay and how much you get back if the horse you bet on wins. The first number tells you how much you could win, the second number is the amount you bet. So, if the odds are listed as 2-1, you’ll get $2 for every $1 you bet.

How To Calculate Horse Racing Odds? (Question) - Equine ...

    https://www.equine-psychotherapy.com/horses/how-to-calculate-horse-racing-odds-question.html
    How are horse bets calculated? Multiply your total times two if the Pick Six is a $2 wager. For example, two horses in each race would be 2 x 2 x 2 x 2 x 2 x 2 = 64 possible combinations = $64 if a $1 Pick Six = $128 if a $2 Pick Six. Note – most tracks have a $2 base wager amount on the Pick Six. What is the most profitable bet in horse racing?

How Are Horse Racing Odds Calculated? - Betting Gods

    https://bettinggods.com/faqs/how-are-horse-racing-odds-calculated/
    For example, 1/5 odds 1-2-3. The odds offered by the bookmakers used in each calculation are decided into two equal halves, with the shortest odds in the half with the best odds on offer being declared as the SP. That means the SP will have been offered by at least half the bookmakers, and you could have probably got better odds by shopping around.

How do They Determine Horse Racing Odds? (with pictures)

    https://www.sportsnhobbies.org/how-do-they-determine-horse-racing-odds.htm
    If the track's take is 15%, all of the bettors are competing for the remaining $850 USD. The odds for each horse are calculated by subtracting the amount bet on that horse from the available payout — $850 USD, in this case — and dividing that number by the amount bet on that horse. The result is then rounded downward, if necessary.

Bet Calculator - Free Odds Calculator | Calculate your return

    https://www.timeform.com/betting/odds-calculator
    The concept operates on the straightforward notion that you simply multiply a stake by the decimal shown and the outcome will be your total winnings. For example, if you place a £1 bet on a horse with odds of 4.00, you will get a return of £4.

Horse Racing Payout Calculator - Horse Betting Calculator

    https://www.horsebettingcalculator.com/horse-racing-calculator/horse-racing-payout-calculator
    In the case of straight wagers, the horse racing payout calculator simply takes the odds, presented in decimal or fraction, and uses it together with the stakes laid on the wager to calculate the payout. This horse racing payout calculator usually holds a fraction converter for converting odds.

Odds with $2 Minimum Payoff for Horse Racing - dummies

    https://www.dummies.com/article/home-auto-hobbies/games/betting/odds-with-2-minimum-payoff-for-horse-racing-196049/
    Introduction You’re betting on horse races and want to know how much your winning bet will give you. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second number, and then add $2 — simple as that! Following is a list of payoffs at various odds for quick reference: About This Article

Horse Racing Calculator - Betting Type Costs and …

    https://www.twinspires.com/wagertypes
    To figure the cost of a Trifecta Part Wheel, multiple the number of horses in the first position, times the number of horses in the second position minus 1, times the number of horses in the third position minus 2. Trifecta Box Costs: In a Trifecta Box, any of the horses you selected must finish first, second or third in any order.

Rich Strike overcomes 80-1 odds to win 148th Kentucky ...

    https://www.pbs.org/newshour/nation/rich-strike-overcomes-80-1-odds-to-win-148th-kentucky-derby
    Rich Strike triggered the second-biggest upset in the race’s 148-year history, paying $163.60 to win. Only Donerail in 1913 had a higher payout of $184.90. Rich Strike ran 1 1/4 miles in 2:02.61 ...

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