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  2. oddsassist.com › betting-calculators › betting-oddsBetting Odds Calculator: Calculate Payouts | Odds Assist

    Aug 15, 2023 · Betting Odds Payout Calculator. Enter in your bet amount and the odds below to see how much you would win and what your odds are in American, Fractional, and Decimal formats as well as the implied probability of winning. To Win. $0.00. To Pay.

  3. www.liveabout.com › how-to-calculate-betting-oddsHow to Calculate Horse Racing Betting Odds and Payoffs

    • Reading The Win Odds
    • Calculating The Win Odds on A Horse
    • Payoffs For $2 Win Bets

    The easiest information on the board is the win odds quoted on each horse. They don't tell you what the horse will pay, but the amount of profit you will get and the amount you have to bet to get it. For example, 6-5 means you will get $6 in profit for every $5 you wager, while 20-1 means you get $20 in profit for every $1 you wager. In the latter ...

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    If you want to calculate the exact win odds on a horse, you will need to use a couple of other figures from the tote board: 1. Total win pool 2. Amount bet on that horse The total pool is all the money bet on all the horses to win, but it is notthe amount that will actually be paid out to the holders of winning tickets. Before the track pays off th...

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    Since most tracks have a $2 minimum bet, below is a handy chart to look up the payoff for a $2 bet at various odds. Remember, your actual payoff may differ from this chart, as the odds on the tote board are rounded off, so 2-1 odds on the tote board may actually be 1.9-1 or 2.2-1.

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    • Cindy Pierson Dulay

  4. thehorsebet.com › how-to-calculate-payouts-onHow To Calculate Payouts on Horse Racing Wagers

    Aug 9, 2023 · For example, if the odds are 5/1 and you bet $10, you’ll receive a total of $60 (bet + $50 winnings). Decimal Odds: This figures out your potential winnings (including stake) as a multiple of your bet. If the odds are 2.5 and you bet $20, you’d get a total of $50 (bet + $30 winnings).

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  6. www.twinspires.com › betting-guides › what-do-horseHorse Racing Betting Odds Explained: How to Read Odds ...

    May 18, 2024 · 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.

  7. www.onlinegambling.com › sports › odds-calculatorBetting Odds Calculator & Converter - Calculate Your Payout

    Simple Converter. Conversion Table. HOW TO CALCULATE ODDS. Odds format. ℹ. First, choose whether you want to use Moneyline American, Fractional (UK) or Decimal (European) odds. Odds. ℹ. In the 'Odds' box, type in the odds you have been given. Remember to enter then in the correct format. Stake. $ +$5. +$10. ℹ.

  8. www.vegasinsider.com › betting-odds-calculatorBetting Odds Calculator | Calculate Payout - May 2024

    3 days ago · 1/3 odds means you’ll win $1 for every $3 you bet. A $300 bet at 1/3 odds would win $100, for a total payout of $400.

  9. www.bettingusa.com › racing › oddsHorse Racing Betting Odds: Explained - BettingUSA.com

    3-5: $1.60: 1-1: $2.00: 6-5: $2.20: 7-5: $2.40: 3-2: $2.50: 8-5: $2.60: 9-5: $2.80: 2-1: $3.00: 5-2: $3.50: 3-1: $4.00: 7-2: $4.50: 4-1: $5.00: 9-2: $5.50: 5-1: $6.00: 10-1: $11.00: 20-1: $21.00: 40-1: $41.00

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