Horse betting lessons

[TheGeneral+]

I place $5 on a horse to Win a race. How much money do i get back if the horse wins?

Thanks

 

[Fishhead]

More times than not.....nada.

 

[TheGeneral+]

Explain please

 

[Fishhead]

Oh sorry, didnt notice it won.

Hopefully a heck of alot more than $5.

 

[eh]

General

Pgm Horse Win Place Show
7 Sunny 'n' Glory 12.60 4.60 3.60
9 Scaffold Man Two 3.40 3.00
6 Floating Meeting 3.60

5 bucks on #7 pays

(12.60 x ( wager amount / 2))- wager amount = profit.

Horse payouts are based on a $2.00 bet. When you see the horse paid $12.60 that means you win $12.60 for every $2.00 you bet under that position.

 

[TheGeneral+]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>(12.60 x ( wager amount / 2))- wager amount = profit.
<HR></BLOCKQUOTE>

12.60 x ($5/2) - $5 =

$12.60 x $2.50 - $5 =

$31.50 - $5 =

$26.50

 

[TheGeneral+]

How do payouts work when wagered to win, place, & show?

Thanks

 

[eh]

same theory

5 across will get ya a profit of 37

12.6 x (5/2) + 4.6 x (5/2) + 3.6 x (5/2) - 15 = 37

the 15 is the total cost of the ticket

 

[squirrelsear]

general if your that stupid get out. how much does a win ticket pay? your an idiot.

 

[TheGeneral+]

squirrelsear,

Keep the name calling from the forum please.

I am trying to help others.

Not all are experts.

 

[eh]

Wanna take a shot at what a house Quinella pays??

 

[TheGeneral+]

May as well get deep now

eh? Please explain the house Quinella.

Thanks

 

[squirrelsear]

general quick draw. nothing personel. but lets up the topic to twin trifectas. sorry. see ya

 

[TheGeneral+]

No prob squirrelsear.

Be careful

 

[sds]

Are you actually asking these questions Gen.???? Or is this solely for board education??? lol

Just wondering

sds

 

[TheGeneral+]

Thought maybe we could get some good horse discussion going.

board education is a good way of putting it. It was an attempt

 

[sds]

It certainly is.

How many members here are even interested in horses though???

 

[TheGeneral+]

I figure many that could learn a few things about reading past performances and wagering scenerios.

 

[Woody0]

More interesting is how can you bet a horse to not win? I'm good at picking losers.

 

[TheGeneral+]

You are not alone Woody0.

Betting to lose is as hard as betting to win it seems.