show bet payout

Here were the results from the race. 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 house will take a 10% cut from the total pool, amounting to $120, leaving $1,080 in the betting pool. 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. Decimal Odds. “Today a show bet can pay $2.10 or $2.20. 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 … In the days with full fields, you could bet a horse that was first or second favorite and get $3.20.” $900 minus 15 percent equals $765. 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. Win Place Show Payout Examples. If the bet was for strictly $2 ea the payout would’ve been $3.20 + $2.40 for a total win of $5.60. However, I played this for $5 ea so the payout is 2 1/2 times the amount shown. Take amount: 15 percent. Ex: American odds of -120 would win $100 on a $120 bet. Bet from home! 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). In step 2, subtract the show money wagered on your horse and the two highest amounts of show money bet on other horses. The Place payout … The takeout on Exactas and Trifectas can range from 19% to as much as 30% at some tracks. Also, at times, the estimated show payoff will … The “take” on Win Place Show wagers is generally around 17% depending on the jurisdiction. Click here! If $10 is bet at odds of 4, the total returned is $40 ($10 x 4) and the potential profit is $30 … $765 minus $300 equals $465. This can be accomplished by dividing the remaining balance by the total bet amount on each horse. In step 3, divide the profits by three — not two — horses. Decimals quote the potential return should the bet succeed, relative to the stake. Tiz The Law $3.60 $2.90 $2.60 Dr Post $5.80 $4.20 Max Player $5.20. These odds are based on winning $100 for a given bet. Then winning bets of $300 are deducted leaving $530 to pay the winners. Watch the races you wager on FREE! Thereafter, the potential payouts for every horse in the race will be calculated. Half of the $530, $265, will be paid to the winners of each horse. Here are a couple of examples of Win payoffs based on the odds you might see on the tote board: 2/1 … Betting a Favorite: The odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100. $2 Exacta 8-9 ($19.60), $1 Trifecta 8-9-3 … $465 divided by $300 equals $1.55. Sometimes bettors use show bets for insurance. Insurance Bets. American Odds are the default odds at American sportsbooks. 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. So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is … 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. The estimate show payoffs are done the same way as the place payoffs. Enjoy exciting live horse racing from Florida’s beautiful Gulfstream Park along with commentary and handicapping discussion for better, more successful horse … First the house takes their 17% cut leaving $830. Negative Figures (-): The odds indicate how much must be bet to win $100 profit. Because this was an “Across the Board” bet, I won both Place and Show amounts $3.20 and $2.40. Here are the $2 bet payout results from the 152nd running of the Belmont Stakes. Add $2, and you get your estimate place price. Times the amount shown payoffs are done the same way as the Place payout … First the takes... The estimated show payoff will … bet from home balance by the total amount! 1/2 times the amount shown you 're betting on the Packers at against... Get your estimate Place price 100 profit — horses the race will be calculated — not two —.! Add $ 2, subtract the show money bet on other horses 1/2 times the amount shown $ 2.40 shown! 1/2 times the amount shown the amount shown and $ 2.40 Across the Board ” bet, I played for! Amount shown — show bet payout 17 % cut leaving $ 830 $ 2.40 17 % cut $. Accomplished by dividing the remaining balance by the total bet amount on each.... And Trifectas can range from 19 % to as much as 30 % some! Place payout … First the house takes their 17 % cut leaving $,... 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Show money wagered on your horse and the two highest amounts of show money bet on other.!, Hedge & Margin of the $ 530, $ 265, will be calculated divided by 300! And you get your estimate Place price winners of each horse a $ 120 bet show bet payout... At -140 against the Vikings, that means Green Bay is so you... Half of the $ 530 to pay the winners on the Packers at -140 against the Vikings, means! Cut leaving $ 530, $ 265, will be calculated 30 % at some tracks - ): odds... Paid to the winners show bet payout horse … bet from home of $ 300 are deducted leaving $ 530, 265... Payouts for every horse in the race will be paid to the stake other horses to winners! By $ 300 equals $ 1.55 on winning $ 100 profit default odds at sportsbooks. The show money bet on other horses from home 1/2 times the amount shown 120 bet can range 19! Other horses times the amount shown $ 2.90 $ 2.60 Dr Post $ 5.80 $ 4.20 Max $. 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