Pretty easy, huh?! Learn how to calculate betting costs and payouts for all types of horse racing bets including keys, boxes, wheels, and more. The same math is used to calculate the odds for the other horses. Expiry: 30 days. The Matched Betting Calculator will tell you exactly how much your lay bet should be, how much liability you will need and your profit (from free bets) or qualifying loss (from initial qualifying bets). To calculate your minimum payout, you need to know the odds of your Horse. 90 – 10 = $80. Bet horses with 300+ racetracks, up to a $1,000 Bonus for new members, 8% daily rebates and fast payouts. A double from 3 requires a greater stake than a treble but only requires 2 winning selections to gain a return. With decimals you can see that your stake is included in the figure. Cart. Use this calculator to determine the cost of an exotic wager that you wish to bet. Our odds calculator helps you work out odds and winnings for multiple bets. So you betting would slip will be $2. Here's the math explained: Identify the profit from your bet: £50; Calculate the Rule 4 deduction: £50 * 0. Enter the odds, including the positive or negative sign, and then click out of the box for the other odds to appear. 82% chance the selection will lose. 4. An each way bet is particularly popular in horse racing and golf betting. Calculator Instructions. A good rule of thumb is to divide the amount of your wager by 2 to determine what amount to multiple with the $2 payout. Use the Trixie return calculator to work out your winnings online for all sports. The 15-2 betting odds probability is an 88. 89% chance the selection will lose. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. For a fun event, larger payouts up to 100% can be used. Learn more. A horse racing bet calculator is a tool that helps you simply and quickly calculate your potential winnings based on the type of bet you want to make and the odds for each horse in the race. 2023 Preakness Stakes Updated Odds, Best Bets, Picks. San Antonio’s defense. You can also look around the internet and many sites offer odds converter tools to make this easier for you. Pick 3/4/5/6 – Selecting the winning horse in 3/4/5/6 consecutive races. Odds can typically be entered in fractional or decimal formats, depending on your preference. To help with the running of the tote, we have developed an exclusive Excel spreadsheet which will help with all of this. To calculate the exact odds on your horse, just subtract the take from the total pool, then subtract the amount bet on your horse to give you the amount of cash to. Odds can then be expressed as 5 : 8 - the ratio of favorable to unfavorable outcomes. 3) format; Stake – this is how much you plan to wager on the bet; Conditions – you have the chance to add any special terms you want to include; You can then look at the win/lose/void section, which is automatically set to ‘win’ when you start. 00 for this race. Whenever you are looking to bet on horse racing, always be sure to use the bonuses available from bookmakers. Input odds on both sides of a wager, e. This way you can explore the games with odds that can maximize your return in a round robin bet. Betting on Horse Racing For Dummies. Horse Betting Calculator as a Handicapping Calculator Another form of a horse racing bet calculator is the horse handicapping calculator, an application designed to determine which horse has the best chances to win, by. Facts About 50 to 1 Betting Odds. 00, while a $1 box exacta with two horses costs $2. Dividend x Flexi Percentage = Payout. Odds type – choose for the odds to be represented in fractional (e. The potential payout for each horse is as follows: Horse A. If you put $10 on a horse. 1. You used our horse racing calculator at OddsMonkey, and then placed a £5 each way bet at odds of 10/1. Follow these simple steps to figure out how much to bet. Use the Accumulator return calculator to work out your winnings online for all sports. August 9, 2023 by TheHorseBetter Understanding Horse Racing Wagers To make informed decisions when betting on horse races, it is important to understand the various types of wagers that can be placed and what the. Learn more. The odds calculator shows the amount of money. Based on the different odds and bet stakes inputted by the user, the Round Robin betting calculator shows the returns available from the chosen bets. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. The 33/1 odds implied probability means your selection has a 2. It’s used by punters and bookmakers alike, to calculate the stake, return and profit for an extensive range of bets. In order to calculate the returns using the bet calculator, enter the odds of your four selections, if they won, lost or placed and then divide your stake by 15 to enter in the stake box to calculate your returns. Round Robin Calculator. For example, when you use an odds converter to convert decimal 1. Fill in the ‘Number of Places’ and ‘Place Payout’ field. More advanced online horse betting calculator can even perform the task of handicapping by receiving all the figures. Bet winnings for horse racing uses a combination of the odds and the total pool of money on each type of bet to calculate payouts. Enter the odds, including the fraction sign, and then click out of the box for the other odds to appear. For example, if you want to bet $100 on the Cincinnati Bengals’ moneyline odds and know their American odds (+285), insert those odds into the calculator. ) St. 00. The 9/1 odds implied probability means your selection has a 10. Here, we will walk you through the process step by step. 89 per cent probability of a particular outcome and an 11. If your horse finishes second you receive place and show payouts, and if your horse comes in third, you only get the show payout. This method proved to be very efficient, as it is simple to understand and fairly rewards performances. The traditional Kentucky Derby & Oaks Future Wagers are an opportunity for fans to bet early in the racing season on horses whom they think have the potential to earn a spot in the starting gate and go on to win the Kentucky Derby & Oaks races. Example bet: Omni: 2 & 7. 0, then take away your stake and you’ll have your winnings, $80. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. A trixie bet calculator is used to calculate stake, returns and profit that are likely to be earned from a Tricast bet. 00 on $2. You then take this number and add your bet amount. 1. 33%, and of losing 1/6 = 16. The cost of a quinella depends on how many selections you include to fill the first two places. First, you need to decide which type of bet. $465 divided by $300 equals $1. For instance, there’s a handful of horse racing events that will offer a $1 trifecta, or even a $0. Dead Heat # Odds EW R4 DH Win/Place; 1 / + Add row. Free Payout Labels; Login; Online Payout Calculator. VSIN is The Sports Betting Network, with expert analysts including Brent Musburger, live Vegas odds, sports betting lines and data for every sport so you can bet on sports with confidence. Mobile phone betting, bet where and when you want. Whether or not your bet was an each way bet. 00. Here's a guide to horse racing odds - straight bets and exotics - as well as key betting terms and horse racing tips. Tell you the amount of profit relative to your stake if you win your bets. An unbeatable betting experience. 7273 = 51. The Fractional odds would be 1/7 meaning you have to put on $7 to win $1. 20-1 betting odds are slightly larger than 16-1 odds. 25 + 3. In most betting destinations, you will notice that a straight superfecta is usually $2. In horse racing, odds will dip to something like. With fractional odds, the numerator goes in the left-hand box and denominator in the other. Above, 100 times 2. It helps bettors determine potential payouts based on the odds of each horse winning the race. Since you can pick either side of the spread to bet on, you have a 50% chance of. A Straight Forecast is the perfect bet for horse- and dog racing because it requires you to predict the top 2 in a given race. When placing a Straight Forecast, you are betting on which horse/dog will finish 1st and 2nd in 1 race on 1 betslip. A ticket price of £1 and a payout of 50% is normal for a charity race night. The daily double horse racing bet involves picking the winners of two consecutive races. If we imagine you are betting on horse racing and you win $620 from a horse race,. A 4-5 winner is good. º Each way calculator, which is mainly used for horse racing and greyhound racing bets. Exacta "Fair-Pay" Chart. Note that the payout displayed includes your original bet. A decimal evens bet is shown as 2. 50-1 is a long price in large field horse racing events. It depends on the one you prefer. Take for example the game of roulette at a casino. The payout odds for a bet on a single number is 35 to 1. 9 to place fourth. The 2/5 odds payout calculator will then work out total outlay, total return and total profit. These vary by bookmaker, but it is common to receive a 20% bonus on your return if all selections win. For example, here’s how one would plug in a $2 trifecta box involving three horses: (3 horses) x (2 horses) x (1 horse) x $2. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. If three selected horses finish in the top three, the payoff is the combined total of all three winning Omni combination payoffs. It depends on the one you prefer. 8 Mage was the big. 38%. The following example will give you a better picture of what exactly lay betting means and how it works. T&Cs apply. 00 per cent probability of another outcome. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. This means a $10 wager will win $80 if you bet on the 9. 30 (for 30p per £1) = £1503/17/2013 at 3:30 pm. Select a bet amount in the left column. How to calculate a quinella bet. The most specific horse racing bets are Lucky 15, Lucky 31 and Lucky 63. One half is for the selection to ‘win’, and the other is for the selection to ‘place’, which means finishing in the top number of positions in an event. The horse racing payout calculator aids the punter with making decision by simplifying and clarifying all the possible scenarios in the let it ride scheme. If a horse goes off at 2-1 odds, that means the bettor can expect $2 of profit for every $1 invested. 00, and it only gets more expensive from there. 00. 2/1) or decimal (e. 1. But if your horse wins, you’ll collect three times — on the. Using this information, the calculator calculates the total cost of the bet and potential payout if the selected horses finish in the correct order. The original number of runners in the race. 10 x 5), $20 to show would’ve gotten you $21 ($2. 33 per cent probability of a particular outcome and a 6. For example, a horse finishing in the top 3 in a race. Betting Calculator. Build 6208. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. Multiply the result by 100 to get the IP percentage. Calculator; News; Ownership; Newsletter; Betting 101; Bet Now; Products; navigate up. 8 to 1 Implied Probability. Bet £10 Get £30 in Free Bets. Fractional odds are simply the ratio between the stake and the payout. Win Place Show. Free for everybody to copy it :. For example, if you place a. This can be accomplished by dividing the remaining balance by the total bet amount on each horse. Horse race betting is a form of parimutuel gambling, where the gamblers' money is pooled and distributed proportionally among the winners, after the track takes its cut from the pool. If you place a $2 Exacta box bet on the 1, 2 and 3 horses your total ticket will cost $12 and you will have $2 Exacta bets. The each way bet is a single selection wager consisting of 2 equal parts: a win bet and a place bet. The odds on a horse are dictated by how much money is wagered on the horse in question. A Straight Forecast is the perfect bet for horse- and dog racing because it requires you to predict the top 2 in a given race. Eight-horse superfecta: $1,680 (1,680 combinations) Superfecta Price Calculator Formula. Find out how to maintain and improve your success in horse racing betting by using a horse betting calculator for all of your horse racing betting calculations. For example, if you bet £10 at odds of 3/1, you receive £30 profit if you win. At OddsMonkey, you can use our free matched betting calculator to work out how much money you need to stake on your lay bet at the betting exchange to earn a profit. Lucky 31 Calculator. The longer the streak, the better the payout. or: 50% = 52. Any Fractional odds over 1 is an underdog while any Fractional odds under 1 is a favorite. 2-teams or 3-team parlay have no difference since the odds are on par with the payout of these wagers. The 9-1 betting odds probability is a 90. For example, a daily double on horses 7-2 would only pay if #7 wins the first race and #2 wins the second race. Bet Now Today's Races Results & Replays. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. This is the simplest way to bet on. Here are the payouts for the 2022 Kentucky Derby horse race, which was won by 80-1 long shot Rich Strike. The 1/5 odds payout calculator will then work out total outlay, total return and total profit. Set the ticket price and the payout (as percentage of the total income from ticket sales). Each Way. So our winning horse is paid $6000. For example, if you want to see the -110 odds payout of your bet, just fill out the bet amount and odds in any one format and our payout calculator will show you. An odds calculator is easy to use. 33 to 1 Implied Probability. Multiply the multiplier by your bet amount. Payout sheet. If you bet $10 on Horse A and it wins, you will win $20 ($10 x 2). In order to calculate the returns using the bet calculator, enter the odds of your four selections, if they won, lost or placed and then divide your stake by 15 to enter in the stake box to calculate your returns. That’s it! If $10 is bet at odds of 3/1, the potential profit is $30 ($10 x 3) and the total returned is $40 ($30 plus the $10 stake). For the hypothetical race we’ve been talking about here, let’s say that horse 3 actually manages to win the race. Once the race is off, you will be able to calculate your potential payout. Rule 4 Calculator. Barrel racing is a speed event, during which a horse and rider complete a clover-leaf pattern, while competing for the fastest time. $1,500 x 200% = $3,000. For example, if the user selects four horses for the superfecta in a 10-horse race and the cost per combination is $1, the calculator will indicate that the total cost of the bet is $24. Average stake. A Double bet consists of 2 selections taking part in different events. Understanding Horse Racing Pick 5 Betting. Thereafter, the potential payouts for every horse in the race will be calculated. Your bet: $2. Rule4. A 9-5 winner is good. Learn more. Win Odds. UP TO $1,000 NEW MEMBER BONUS! Make the most out of your first deposit at BUSR with an outstanding new member cash bonus up to $1,000! US Racing odds for online horse betting. 00 because it covers two combinations (1-2 and 2-1). 00. A double stakes is a bet type consisting of 2 selections; one selection must win (or place if you have done each-way bet) to guarantee a winning return. An odds calculator is easy to use. What Is An Each Way Bet? An each way bet is like two bets rolled into one. Whenever you are looking to bet on horse racing, always be sure to use the bonuses available from bookmakers. In this example, the payout is the standard rate: 60% of the purse goes to the winner, 20% to second place, 10% to third, 5% to 4th, 3% to 5th, and 2% to 6th. Find a single among your five race sequence; Don't go with the flow, play against popular crowd opinions sometimesOpen the Calculator and Choose Your Total Stake and Bet Type. The different types of horse racing calculators available at BetCalc are an accumulator bet calculator, dutching (spread betting) calculator, back/lay calculator, each way single bet calculator, odds converter and many more, all designed for one purpose and that give users and bettors the best tool they can get for every calculating need they. 50 odds = $25 potential. Subtract the numerator (5) from the denominator (13) : 13 - 5 = 8 . Assume a punter lays a £2 wager on a Trifecta wheel, picking horse number 7 as first and horses number 6 and 5 for the second and third. You take that number and divide it by the second number of the. Your. Learn more. Bet Calculator. This number will be the amount returned to you if you win your 100 to 1 odds bet. Secondly, you must add the odds, in American odds format, of your first selection in the parlay. The 8/1 odds implied probability means your selection has an 11. Becoming less popular online. 00 per cent probability of a particular outcome and a 10. If you have odds of 9. Check your potential winnings on accumulators, Lucky 15s and all your favourite bets with Paddy Power online bet calculator. 00 bet. However, you will find several horse racing events which will allow bets at a reduced cost. Use the Single return calculator to work out your winnings online for all sports. The minimum stake for a Show bet, a Win bet, or a place bet is $2. Pick a horse and bet him to win (finish first), place (finish second) or show (finish. Horse odds calculator is a horse betting calculator aimed at dealing with the aspect of odds in horse racing betting, in terms of odds conversion, in terms of the odds as part. 2. 00. You can calculate your own payouts by following this simple formula: (Wager * Odds) + Initial Wager Entry = PayoutExample: I've placed a $4 Win wager on a single horse, the odds on the horse are 3/1. 00 wager at 10-1 odds would be $11. Besides traditional exacta betting, you can make an exacta box bet and an exacta key bet. View All 5 Bet365 Codes. A box exacta is calculated by multiplying the number of selections for first by the number of selections for second, minus one. Here is a quick beginner's guide on how to bet on ponies. Then you can do some cool stuff like specific parameters - for example, for me, I have a row where I calculate wins/losses, win %, net win/loss, avg win/loss, average bet size and avg probability for things like Knicks games, money line parlays. Fractional OddsAVG Winning Odds. £5 bet on a 5/1 pick returns a total return of £30. . The tricast bet calculator is the simplest form. 6 horses = $240 total bet. Based on the different odds and bet stakes inputted by the user, the Round Robin betting calculator shows the returns available from the chosen bets. So if the decimal odds show as 5. The calculator is fully customisable and comprehensive in the. Some bookmakers offer bonuses and consolations on lucky 31 bets. Just a few clicks and you can enter the odds. Horse Racing Odds Payout Calculator. Naturally, show bets provide the lowest odds, as your chances of winning are far greater. For example, a $100 Free Bet can be converted into $70 of withdrawable cash. Check if using American odds: Line 1: Line 2: House Edge: For bets with more than two or more possible outcomes, please see my futures calculator. This wager requires 2 winners to guarantee a return. Profit: $2. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. Calculate your winnings, odds, payouts & profits for a wide range of sport events. Winnings. The house takes a percentage off the top (generally 10-30%. Odds in horse racing are expressed as fractions, such as 8-5 or 5-2. An odds calculator is easy to use. 22 if your selected horse. Example: if the values of cells A1 and A2 both equal -102 ExchUS2Holds (A1. Here is a simple example of win odds calculation: Total pool: $900. Low margins. 11 per cent probability of another outcome. However, there are scratching’s after you place your bet which incurs a total of $0. With golf, in particular, dead-heats are extremely common. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second number, and then add $2 — simple as that! Following is a list of payoffs at various odds for. Powered by. Now, we understand the fair odds at -110 and can look for an edge if one side has at least a 50% chance of winning. Your first and second set of odds are multiplied together. 50-1 betting odds are slightly larger than 33-1 odds. Horse C has odds of 1/2. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. To maximize payouts and reduce risk, understanding these odds is important. To use our payout calculator, enter your decimal odds into the odds box and then enter your total bet into the stake box. A standout feature of AmWager is its innovative betting tools, including a tricast calculator, which can enhance your wagering strategy. Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. Step 2. From there, follow along with our "Converting a Free Bet Into Withdrawable Cash" infographic and let. This means that the bettor has bet on horses 5 and 8 to take the win and place (first and second) positions in the race. Stake Conditions. Payout for $2 bet:. A betting double is a good way to see how accumulator betting works. Refresh the menu a few times until you find a race where the odds for horse number one is evens and the second horse is at least 5/1. Epicenter was the favorite for the race at odds of just 5-1. Our betting odds calculator allows you to calculate the returns on 29 different bet types, or it can be used as an odds calculator to work out potential winnings on your bets before placing them. 00% chance of winning and a 90. 1. Prize Fund Calculator easily generates fair and equitable prize funds for your tournaments or leagues. Sports for which we can use the Exacta bet calculator. Enter the odds, including the positive or negative sign, and then click out of the box for the other odds to appear. Similar to decimal odds, the return can be determined by multiplying the odds and the bet. For the example above, I would be paid out $16 in total as I made a profit of $12 on my initial $4 entry. Round Robin Bet Calculator. The last three horses would have odds of 13-4, 14-3 and 15-2, respectively, based on the same calculations. AmWager is a prime choice for tricast betting in the United States. Convert the American odds to decimal odds using our odds converter. A $2. The winnings can be calculated by adding the two bets. Besides traditional exacta betting, you can make an exacta box bet and an exacta key bet. Underage gambling is an offence. The ‘Number of Selections’ should default to 4 selections. A standout feature of AmWager is its innovative betting tools, including a tricast calculator, which can enhance your wagering strategy. Here is a simple example of win odds calculation: Total pool: $900. A bet with three horses would cost you just $12, but the cost of four or more horses is significantly higher. However, do remember that the potential payouts will also be reduced once the initial bet amount is reduced. An odds calculator is easy to use. $10 x 1. For example, if you had Barrels on Thursday, Friday and Saturday, each with their own Slack and performance draws, and you wanted to combine those 3 events into a single payout, this is the method to do it. (includes a 10% overlay amount added in) For exactas over $600 - you'll likely be paying immediate "signer" taxes, so you'd better make sure they are far higher than fair pay. A horse racing betting calculator ( horse bet calculator ) is an online tool that is used to calculate the cost of large and complex horse racing bets like the superfecta, pentafecta, Yankee, Goliath, and more. For the sheer purpose of handling odds, the horse racing odds calculator is the tool to work with in case a conversion between decimal and fractional odds is needed or a complicated payout by the odds calculation is crucial for the punter to decide upon which horses to place a wager. Tampa Bay Downs on Saturday holds its first Kentucky Derby points race of the year, one of three prep races on this week’s calendar. With this arrangement, you gain a much higher profit than you would. Use our free bet calculator now and work out your winnings quickly and easily. You can use the Rule 4 Calculator to determine the new odds of your horse after a Rule 4 deduction has been applied. 00. 0, and you want to bet $10, you will do the following calculation: 9. The Round Robin betting format consists of 3 doubles, 1 treble and 6 SSA (Single Stakes About) bets. The lucky 31 bet is a 5 selection wager consisting of 31 bets: 5 singles, 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator. Thereafter, the potential payouts for every horse in the race will be calculated. 39 (+339). The 9/2 odds implied probability means your selection has an 18. 25). 00. You can. 2. This isn't scientific and is just for fun. For example, if five horse are selected in a box exacta, the cost of a full $1 unit is 5 x (5-1) = 20. Calculating the Payout for a Win Bet. Choose the betting odds format. Free Premium Picks;. Round this amount off to $1. The bettor must select a single horse to either win, place, or show. The round robin bet is a 3 selection wager consisting of 10 bets: 3 doubles, 1 treble and 3 up-and-down single stakes about pairs. See “Show Setup” for details. Winnings. The calculations are rather simple. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. To calculate odds: $85,000/$42,500 - $1 = $1. All you need to do is enter the amount of money you will stake, type in the 50/1 odds, and the betting calculator will tell you your profit. 5). 00, but many tracks now offer $1. Learn more. Select the ‘Odds’ for each selection. Our betting odds calculator can show you your expected payout based on your bet amount and odds, as well as what your odds are in other formats and your. The best horse racing software has excellent customer service, for which they can win a Best Horse Racing Software Award, amongst other possible awards. These vary by bookmaker, but it is common to receive a 10% bonus on your return if all selections win, and if only one. That means the bettor needs to correctly predict the first-place finisher of race one, the first-place finisher of race two, and so on. The house will take a 10% cut from the total pool, amounting to $120, leaving $1,080 in the betting pool. Sectional Ratings (Race Replay Analysis) Along with reports and other feature the RC gives you the edge in selecting quality horse racing selectionsUpdated 07/16/21 Bug Fix. As a. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. Tips. Horse Betting Calculator as a Handicapping Calculator Another form of a horse racing bet calculator is the horse handicapping calculator, an application designed to determine which horse has the best chances to win, by. With a bet calculator, you simply input the relevant information, and the calculator does the rest, giving you an instant calculation of your potential payout. For example, if you bet $10 on a horse with odds of 2. Create a payout sheet to use at barrel races. Find out how much you'll win on any parlay. 82. It depends on the one you prefer. The second will then get 50% of the remaining money pool, $250. To calculate the potential payout from a football bet, multiply the stake by the odds. 3 x 2 x 1 x $2 = $12. According to the Rule 4 deductions table, a horse withdrawn at odds of 2/1 translates to a 30p per £1 deduction. 18% chance of winning and an 81. 00 = 3. Horse racing bet calculators make combining odds incredibly easy and take the hassle out of working out exactly what your winnings will be. Select the horses to. Open the Calculator and Choose Your Total Stake and Bet Type. 00 then you will get $5 returned to you for a $1 bet, if that wager wins. The formula for calculating any trifecta bet is: Trifecta combinations = (A x B x C) – (AB x C) – (AC x B) – (BC x A) + (2 x ABC) Where: A = Number of selections for 1st place. To do the math: convert the odds on your lines to decimal format (or simply use our odds converter ). Find odds format definitions in our Betting Glossary. AmWager. Learn more. Jets Black Friday best bet, same-game parlay, and game analysis. If you want to widen your selection pool, you also have the choice to do so. For example, if you want to bet $100 on the Cincinnati Bengals’ moneyline odds and know their American odds (+285), insert those odds into the calculator. 4 * 3 = 12 12 / 1 = 12 12 + 4 = 16.