What does a 5 to 2 bet pay?

A winner at 5-2 means that will pay $5 profit for every $2 wagered. The payoff is $7 which is the profit ($5) plus the cost of your wager ($2).

What is a 3 to 2 bet?

Another way to think about it is, 3 to 2 is exactly the same as 1 ½. And it's a lot easier to figure out half of the bet and then add that number to the original bet. So if you have a $12 wager, half of $12 is $6. Add $6 to $12 and your answer is $18.12 x 1.5 = 18.

How much does 7 2 odds pay?

When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9.

What does a 3 to 5 bet mean?

Odds of 3-5 indicate that your profit will be three-fifths of a dollar. In other words, for every $5 you bet you can win $3 in profit. To determine profit, multiply the amount you bet by the fraction. If I spend $15, then my profit for winning is $9 (15 x 3/5). Ex.

How do you calculate payout for horse racing odds?

Your payout is calculated by subtracting the amount of winning dollars from the total pool, then dividing the remaining pool by the amount of cash bet on the winner, and finally adding back in the winning bet amount.

USE THIS STRATEGY AND WIN BET EVERYDAY NEVER LOSE BET AGAIN WITH THIS STRATEGY

What does 5 2 odds mean in horse racing?

The tote board does not show decimals, therefore, 5/2 odds means that the odds on a horse are 5 divided by 2, or 2.5-1. Win payoffs are calculated based on a $2.00 wager because at most tracks this is the minimum bet. Example #1: A horse that wins at 5-1 will return $5.00 for every $1.00 wagered.

How much did a $2 bet on Rich Strike pay?

It's a dream come true." Rich Strike's upset paid $163.60 to win, $74.20 to place and $29.40 to show on a $2 bet.

What does bet 5 to 2 mean?

What does 5 to 2 odds mean? 5-2 Betting Odds means that out of 7 possible outcomes, the 5/2 odds are that there will be 5 of one kind of outcome and 2 of another kind of outcome. The 5-2 odds calculation means for every 7 betting events your selection should win 2 times and on 5 occasions the selection will not win.

What is the best bet in horse racing?

What horse bet pays the most? The horse bets that pay the most are the accumulators. However, with an accumulator bet, all your horse racing selections need to win (or place if each-way) so there is less chance of you winning. But as the odds are higher this gives you the highest-paying returns.

What does 30 to 1 odds mean in horse racing?

For example, a $2 wager at odds of 30/1 would return $60 in profits ($2 x 30/1). Add in the return of your original stake, and the return would be $62. Likewise, a $2 bet placed at 10/1 would return $20 plus your initial wager.

Is 15 2 a good bet?

A 15-2 winner is good odds and a 15/2 loser is bad odds.

Is 7 2 good odds in horse racing?

A 7-2 winner is good odds and a 7/2 loser is bad odds.

What does 50 to 1 odds pay?

If you wager a bet on a 50/1 betting odds selection and you win, your total payout will be 51.00 which is your stake back plus 50.00 profit.

How much is 3 to 2 payout?

If you lose that mindset, it will affect your play. Understand what "Blackjack 3 to 2" means. Somewhere on the blackjack table there will be a sign that says, "blackjack pays 3 to 2". All this means is that you, the player, will get $3 for every $2 you wager.

What is 13 to 2 bet?

13-2 Betting Odds means that out of 15 possible outcomes, the 13/2 odds are that there will be 13 of one kind of outcome and 2 of another kind of outcome. The 13-2 odds calculation means for every 15 betting events your selection should win 2 times and on 13 occasions the selection will not win.

What is an 11 to 2 bet?

11-2 Betting Odds means that out of 13 possible outcomes, the 11/2 odds are that there will be 11 of one kind of outcome and 2 of another kind of outcome. The 11-2 odds calculation means for every 13 betting events your selection should win 2 times and on 11 occasions the selection will not win.

What is the hardest horse bet to hit?

Trifecta Bet

A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets. These horses must finish first, second, and third, in that exact order, for you to win the wager.

What is the hardest horse bet to win?

The granddaddy of all horse betting strategies is the Superfecta, the toughest bet in all of horse racing. The Superfecta is picking the top four finishers in exact order. Minimum entries 6 for a bet to be official.

What is the biggest odds winning horse ever?

The longest odds for a winning horse at the Grand National is 100/1 and was achieved by Tipperary Tim (1928), Gregalach (1929), Caughoo (1947), Foinavon (1967) and Mon Mome (2009).

What is a 5 to 1 bet?

5-1 Betting Odds means that out of 6 possible outcomes, the 5/1 odds are that there will be 5 of one kind of outcome and 1 of another kind of outcome. The 5-1 odds calculation means for every 6 betting events your selection should win 1 time and on 5 occasions the selection will not win.

What is a 1 to 2 bet?

What does 1 to 2 odds mean? 1-2 Betting Odds means that out of 3 potential outcomes, the 1/2 odds are that there will be 1 of one kind of outcome and 2 of another kind of outcome. The 1-2 odds calculation means for every 3 betting events your selection should win 2 times and on 1 occasions the selection will not win.

What is a 9 2 bet?

What does 9 to 2 odds mean? 9-2 Betting Odds means that out of 11 possible outcomes, the 9/2 odds are that there will be 9 of one kind of outcome and 2 of another kind of outcome. The 9-2 odds calculation means for every 11 betting events your selection should win 2 times and on 9 occasions the selection will not win.

What did a $10 bet on Rich Strike pay?

“I haven't bet on horses in a few years, but around 5 o'clock I decided why not,” said Green, a former basketball and field hockey player at Holy Spirit High. Her $10 bet turned into a modest $818 windfall as Rich Strike paid $163.60 to win, $74.20 to place, and $29.40 to show.

Did anyone bet on Rich Strike to win the Kentucky Derby?

Stacie Conard and her five children won $25,000 when Rich Strike pulled off the upset with 80 to 1 odds, winning the 148th Kentucky Derby. A southern Indiana family who won big with Rich Strike's victory said it was thanks to divine intervention. "We were just crazy screaming.

What does a $10 bet on Rich Strike pay?

Rich Strike, a late entrant in the grandest horse race, went off at 80-1 odds. Meaning a $10 Win bet on the Derby winner would've returned $818. He stunned the sports world on Saturday by winning by three-quarters of a length over second-place finisher Epicenter (4-1 favorite).