Topic: Horse Race Payouts Calculated
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Answers to Common Questions
How to Calculate the Cost of Racing a Horse
Horse racing is one of the elite sports in the United States. The cost of horse racing contributes to this view, as the calculations for owning a horse include expenses for many daily tasks. Read More »
Source: http://www.ehow.com/how_2240595_calculate-cost-racing-horse.html
How can you Figure out payouts at horse races?
Well, it depends how much money someone bets on the winning horse. If they bet $100 on a 50-1 odd horse, then you multiply 100 and 50...which would come out to be a payout of $5,000. The original stake of $100 would also be returned with th... Read More »
Source: http://wiki.answers.com/Q/How_can_you_Figure_out_payouts_at_horse...
How do you calculate the odds of horse racing?
It depends on the horse that you place your bet on whether if it's a crowd favorite or a long shot in the odds. Also, it also depends on how much money you'd bet on the said horse. Read More »
Source: http://wiki.answers.com/Q/How+are+the+odds+calculated+in+para-mut...
More Common Questions
Answers to Other Common Questions
Answer Bets are always in multiples of $2, so you just divide the total bet by 2 and multiply by the payoff.
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Source: http://wiki.answers.com/Q/Irs+forms+for+horse+racing+payouts
I honestly wish i could answer this, as I'm here for the same information, but sadly it isn't publicised and is hard really hard to obtain. Having worked in a bookmakers for several years, none of my coleagues even know. I've attempted to w...
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Source: http://wiki.answers.com/Q/How_do_you_calculate_a_forecast_bet_in_...
The results for Race number 6 were Ask The Price, Leobust...
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Source: http://www.chacha.com/question/who-are-the-top-3-and-payouts-for-...
The two dollar exacta payout was 60.50 dollar...
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Source: http://www.chacha.com/question/what-is-the-%242-exacta-payout-on-...
The world's record win payoff on a $2 pari-mutuel bet for a Thoroughbred race was thje $2,922 payoff on Power to Geaux at Aksarben on Dec. 8, 1989, according to the American Racing Manual. Second highest price was $1,885.50, on Wishing Ring...
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Source: http://answers.yahoo.com/question/index?qid=20070604175437AANWsfk
Answer Divide the size of your bet by 2, then multiply the result by the payoff. For example, if you bet $2, and your horse paid $7.00 to show, your payoff would be (2 ÷2) X $7.00, or $7.00. If you bet $35 to show on a horse paying $7.00, y...
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Source: http://wiki.answers.com/Q/How_do_you_figure_payouts_for_wagers_la...
A $2 bet on Einstein would not pay out anything because he did not ... ...MORE...
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Source: http://www.chacha.com/question/what-was-the-payout-on-einstein-in...
