If $10 is bet at odds of 4, the total returned is $40 ($10 x 4) and the potential profit is $30 … $465 divided by $300 equals $1.55. 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. “Today a show bet can pay $2.10 or $2.20. They will wager $50 to win on a horse but then back it up with a $20 show bet in case the winner loses. Enjoy exciting live horse racing from Florida’s beautiful Gulfstream Park along with commentary and handicapping discussion for better, more successful horse … The “take” on Win Place Show wagers is generally around 17% depending on the jurisdiction. Negative Figures (-): The odds indicate how much must be bet to win $100 profit. 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. Click here! Also, at times, the estimated show payoff will … Insurance Bets. If the bet was for strictly $2 ea the payout would’ve been $3.20 + $2.40 for a total win of $5.60. Watch the races you wager on FREE! Betting a Favorite: The odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100. Tiz The Law $3.60 $2.90 $2.60 Dr Post $5.80 $4.20 Max Player $5.20. However, I played this for $5 ea so the payout is 2 1/2 times the amount shown. 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). First the house takes their 17% cut leaving $830. Decimals quote the potential return should the bet succeed, relative to the stake. $2 Exacta 8-9 ($19.60), $1 Trifecta 8-9-3 … Decimal Odds. Sometimes bettors use show bets for insurance. 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 estimate show payoffs are done the same way as the place payoffs. Here were the results from the race. So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is … American Odds are the default odds at American sportsbooks. Here are a couple of examples of Win payoffs based on the odds you might see on the tote board: 2/1 … In the days with full fields, you could bet a horse that was first or second favorite and get $3.20.” Take amount: 15 percent. 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. The takeout on Exactas and Trifectas can range from 19% to as much as 30% at some tracks. Bet from home! This can be accomplished by dividing the remaining balance by the total bet amount on each horse. $765 minus $300 equals $465. The Place payout … These odds are based on winning $100 for a given bet. In step 3, divide the profits by three — not two — horses. Win Place Show Payout Examples. The house will take a 10% cut from the total pool, amounting to $120, leaving $1,080 in the betting pool. Add $2, and you get your estimate place price. Thereafter, the potential payouts for every horse in the race will be calculated. In step 2, subtract the show money wagered on your horse and the two highest amounts of show money bet on other horses. Click here to plan your bets and payouts using these free calculators… Parlay, Hedge & Margin. Half of the $530, $265, will be paid to the winners of each horse. 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 … 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. $900 minus 15 percent equals $765. 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