$465 divided by $300 equals $1.55. However, I played this for $5 ea so the payout is 2 1/2 times the amount shown. A bet can be broken down into two elements; the Stake - how much you risk, and the Payout - your potential return including your Stake. The Win Bet Payout Table will show you the minimum payout for a $2, $5 and $10 win bet, the decimal and fractional odds along with the post time odds ranging from from a 1/9 heavy … Click here! Also, at times, the estimated show payoff will … Watch the races you wager on FREE! Here were the results from the race. $2 Exacta 8-9 ($19.60), $1 Trifecta 8-9-3 … In the days with full fields, you could bet a horse that was first or second favorite and get $3.20.” Add $2, and you get your estimate place price. Tiz The Law $3.60 $2.90 $2.60 Dr Post $5.80 $4.20 Max Player $5.20. The house will take a 10% cut from the total pool, amounting to $120, leaving $1,080 in the betting pool. Ex: American odds of -120 would win $100 on a $120 bet. Here are the $2 bet payout results from the 152nd running of the Belmont Stakes. Thereafter, the potential payouts for every horse in the race will be calculated. They will wager $50 to win on a horse but then back it up with a $20 show bet in case the winner loses. Then winning bets of $300 are deducted leaving $530 to pay the winners. This can be accomplished by dividing the remaining balance by the total bet amount on each horse. The Place payout … Win Place Show Payout Examples. The most common type of bet is a single, but bettors can combine different bets into one and place a multiple bet - this can be a double, treble or any other multiple (four or more bets in one). Decimal Odds. First the house takes their 17% cut leaving $830. If $10 is bet at odds of 4, the total returned is $40 ($10 x 4) and the potential profit is $30 … Here are a couple of examples of Win payoffs based on the odds you might see on the tote board: 2/1 … Decimals quote the potential return should the bet succeed, relative to the stake. In this case the ratio of winnings to winning bets on horse x will be $265/$100=2.65 and on horse y will be $265/$200=1.325. Because this was an “Across the Board” bet, I won both Place and Show amounts $3.20 and $2.40. The takeout on Exactas and Trifectas can range from 19% to as much as 30% at some tracks. These odds are based on winning $100 for a given bet. Sometimes bettors use show bets for insurance. So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is … Betting a Favorite: The odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100. Click here to plan your bets and payouts using these free calculators… Parlay, Hedge & Margin. The “take” on Win Place Show wagers is generally around 17% depending on the jurisdiction. Round this amount off to $1.50 for breakage and you get odds of 1.5-1 or 3-2, as it would normally be written, which yields a payoff of $5 on a wager of $2. Negative Figures (-): The odds indicate how much must be bet to win $100 profit. American Odds are the default odds at American sportsbooks. Take amount: 15 percent. Half of the $530, $265, will be paid to the winners of each horse. In step 3, divide the profits by three — not two — horses. The estimate show payoffs are done the same way as the place payoffs. “Today a show bet can pay $2.10 or $2.20. Insurance Bets. $900 minus 15 percent equals $765. If the bet was for strictly $2 ea the payout would’ve been $3.20 + $2.40 for a total win of $5.60. Bet from home! 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