$765 minus $300 equals $465. Ex: American odds of -120 would win $100 on a $120 bet. Watch the races you wager on FREE! The “take” on Win Place Show wagers is generally around 17% depending on the jurisdiction. “Today a show bet can pay $2.10 or $2.20. Decimal Odds. Here were the results from the race. Insurance Bets. $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. These odds are based on winning $100 for a given bet. Take a look at the Win Bet Payout Table below to find out the minimum win bet payouts depending on the post time odds of a horse. Negative Figures (-): The odds indicate how much must be bet to win $100 profit. Click here! Here are a couple of examples of Win payoffs based on the odds you might see on the tote board: 2/1 … Enjoy exciting live horse racing from Florida’s beautiful Gulfstream Park along with commentary and handicapping discussion for better, more successful horse … Bet from home! 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. Thereafter, the potential payouts for every horse in the race will be calculated. This can be accomplished by dividing the remaining balance by the total bet amount on each horse. The house will take a 10% cut from the total pool, amounting to $120, leaving $1,080 in the betting pool. $2 Exacta 8-9 ($19.60), $1 Trifecta 8-9-3 … Decimals quote the potential return should the bet succeed, relative to the 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 … Betting a Favorite: The odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100. Here are the $2 bet payout results from the 152nd running of the Belmont Stakes. In step 3, divide the profits by three — not two — horses. Win Place Show Payout Examples. Half of the $530, $265, will be paid to the winners of each horse. So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is … The Place payout … 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. Click here to plan your bets and payouts using these free calculators… Parlay, Hedge & Margin. They will wager $50 to win on a horse but then back it up with a $20 show bet in case the winner loses. 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. 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 … Sometimes bettors use show bets for insurance. If the bet was for strictly $2 ea the payout would’ve been $3.20 + $2.40 for a total win of $5.60. In step 2, subtract the show money wagered on your horse and the two highest amounts of show money bet on other horses. American Odds are the default odds at American sportsbooks. The estimate show payoffs are done the same way as the place payoffs. Then winning bets of $300 are deducted leaving $530 to pay the winners. Take amount: 15 percent. In the days with full fields, you could bet a horse that was first or second favorite and get $3.20.” Also, at times, the estimated show payoff will … $900 minus 15 percent equals $765. The takeout on Exactas and Trifectas can range from 19% to as much as 30% at some tracks. 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