We would actually recommend a daily cap of 10%. In these wagers, you place horse bet on the results or places of horses over one race. Then, you add your original bet amount to the result to. An odds calculator is a horse betting calculator with designated functions designed to handle odds conversion, calculation and payout estimation. Future Wager bets typically offer larger payouts than betting the same horse on race day because it. Race 7 – #3. Pick 5/6 wagers: These wagers revolve around sport bettors selecting the winner of more than one race at a certain track during the day. NOTE: This video describes an older version of the spreadsheet. com 17 July 2023. Online Pick Three bets have the same minimum stake as. Actual Odds. November 18, 2023. Using this formula, you can determine that the amount to wager on the Jets is $855. They are rounded down to the nearest nickel or dime, which is called. 10. Pick 4. 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. This simply means that it involves multiple horses in a single race. Visit Bovada. FanDuel has become the most popular option for online sports. However, calculating the payout of this sports bet will not provide the odds of your wager. The Superfecta is one of the most difficult bets in all of horse racing. Wager Amount: When building a large muti-race ticket, such as a Pick 6 ticket , many handicappers like to create spread tickets to cover more horses and keep their costs down. To work through all that racing you need a tool. 45 and on the Raiders is $144. Example: To purchase a $1 Superfecta Box using four horses, tell the clerk: "$1 Superfecta Box 11-2-3-4. Winning Ponies Exotic Wager Calculator; America’s Best Racing Gambling Calculator; Example 1: Superfecta Part. Your horse betting calculator app will allow you to compare the potential profit between a straight win bet, or an each way wager and you can have the odds displayed either in decimal or fractional format. Free, easy to use and accurate, the betting odds calculator supports a wide variety of options including each ways, accumulator perms and bookmaker. Pick 3/4/5/6 – Selecting the winning horse in 3/4/5/6 consecutive races. The bet is usually a $2 minimum. When placing an each way bet it’s not. Step foot into exotic betting with exactas, trifectas and superfectas! Do you know the impact of training workouts, final race times, or the best way to bet your Kentucky Derby horse on a budget of $2, $10, $25, or $100!? Maybe you know a thing or two about betting on horse races, but expert horseplayers take multiple factors into consideration. Some bookmakers offer bonuses and consolations on lucky 15 bets. Ability to save and export your wager calculations to PDF or Excel file to share with family and friends! Exacta. Step 1: Enter your odds. Horse Racing Wager Types | Horse Betting Calculator - TVG. Before making any bet, it helps to know what you're risking for the expected payout. The most comprehensive and reliable bet calculator. 2 will place (finish second) and the No. A Rule 4 deduction is a function of our horse bet calculator UK punters won’t want to have to use, but the reality is these do apply to any wagers apart from ante post betting done in advance, so we’ve included it. By doing so, the horse racing bet calculator lets the punters focus on placing their wager in a much more efficient manner resulting in more wager. Up to 8% Daily Rebates. Churchill Down Inc. 5-1 or 3-2, as it would normally be written,. This will pay more than betting either of the horses to win or place. 76 and expect to pay out $100 (including the stake. If you only got back $900 your roi is -10%(-100/1000) if you get back $1043, your roi is 4. The matched betting calculator is a clever tool that works out the ideal lay stakes on your matched bets. Listed below are the closing odds on all of the 40 choices for Pool 1 of the 2023 Kentucky Derby Future Wager. How To Use A Horse Racing Betting Calculator? A horse racing betting calculator is a tool that can help you calculate the odds and potential payouts of different betting options. Decimal odds, most popular in Europe, are fairly straightforward. Select a bet amount, type, and horses, and get the total cost of the ticket. $1 Trifecta Key Costs: To figure the cost of a Trifecta Key, use this simple equation: $ x Number of horses x number of. The teller will hand you your ticket (don't. Find odds format definitions in our Betting Glossary. Charles Town Free Picks. Some calculators may even display the. Once the takeout is complete, all remaining money is divided by the amount bet on each horse. 10-$1,200+ AmWager. Most tracks enforce a minimum $2 bet, which allows the bettor to pick the winners of six races. Horse racing betting odds are essentially fractions. Daily Double plus another race; $1 unit makes it affordable. In order to calculate the costs of laying a Trifecta wager, a punter must use the Trifecta calculator, either manually or by a computerized Trifecta calculator. The Free Bet Calculator is the world’s leading online sports bet calculator. If you are satisfied with the calculation and would like to place a real money wager, simply click on the blue "BET NOW" button and select your state from the dropdown menu. The Pick 6 is by far the most challenging and rewarding wager in parimutuel horse racing betting. If you bet on both the teams, you are actually risking $104. 1. 75), multiply this number by 2 (3. 54. BetMGM. It can be used for sports betting, casino games, horse racing and other forms of gambling. SUPERFECTA KEY WHEEL. Whether you’re exploring each-way betting, trying to familiarize yourself with the concept of rule 4 deductions, or test driving a new staking plan — the horse betting. 50-$1,200+ Superfecta: Bet on 4 horses finishing top 4 places in exact order: $0. This is a reduction made to the potential payout if one or more horses are withdrawn from a race after the bet has been placed. (1. $1-$1000+ Quinella: Bet on two horses finishing 1st & 2nd in any order. Whether you silently juggle between horses to drop in your Pick 3 sequences or are checking the people percentages of jockey or trainer angles, there are a lot of elements to peruse and consider when. The Each Way Bet Calculator is an amazing tool which allows you to quickly and easily calculate your lay stakes for horse racing each way bets. The payout calculation consists of multiplying the stakes by the odds and then adding the. Odds Format:You can key a horse in a Trifecta or Superfecta wager instead of boxing to save money. Calculate how much to bet on horse racing with this easy-to-use tool. e. 15. Keep in mind that the odds for this bet are lower than putting. Horse racing odds calculator betting race payouts bet horses track pool races search google. Although it won't tell you how much the horse will pay, it does show the amount of profit you will get if you win and the amount you have to bet to get it. See what your total payout and winnings will be. Author: AceOdds. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. For instance: Daily doubles: This wager entails selecting the winner of back-to-back races. This represents an attractive bet. $1-$1000+ Quinella: Bet on two horses finishing 1st & 2nd in any order. If your runner comes in first place you win all three prices (win, place and show). This means that if you place $100 on every game in your betting schedule, you’ll end up wagering $250 over the course of the season. $2. The horses MUST finish 4-3-1 for you to win. Your bet: $2. Select the race number of the Kentucky Derby (usually the second to last race on the card) Select your horse. As you can see, our pick of horse five has finished in third position. A standout feature of AmWager is its innovative betting tools, including a tricast calculator, which can enhance your wagering strategy. STATE. A $2 bet on an Exacta will pay out the amount shown for an Exacta bet on the wager payoffs. The bet is usually a $2 minimum. The online horse betting calculator can aid punters in calculating the stakes laid in wager, the. For many others, betting on horses is a daily labor of love with wagering happening at tracks across North America and around the world. We’ve put together this handicapping worksheet so that you can remain focused and not miss any relevant information. This calculator is what you need to work out your returns, supporting each ways bets, dead heats, rule 4 and more. If the horse wins then you win both bets. The odds and payout difference. To calculate the payout on a horse bet, you multiply the amount of your bet by the odds offered on the horse. 50 for breakage and you get odds of 1. 5% chance of winning $200 if you win the bet. Find. Visit BUSR. Bettors generally are trying to find instances where the actual probability is greater than the implied probability odds. It’s designed for standard tricast bets, where you predict the exact order of the first three horses. Even though the minimum bet for a boxed trifecta is only $1, you will need to pay a minimum of $6 if you select three horses. To calculate “+” odds, divide the odds by 100 and multiply that product by the wager amount. AmWager is a prime choice for tricast betting in the United States. But before you can bet on horse racing, it is critical that you understand how horse racing odds actually work. All you need is a tape measure! Want to learn more about horse weight? Read. Betting Multiple Horses. Let’s look at an example of spreading and then look at how this affects the cost of the bet. Bet only what you can afford to lose. When there are non-runners after final declarations and withdrawn horses have a price of 14/1 or shorter, then this comes into. 1 will show (finish third) and, you would like to make a $1 wager on trifecta. Betting Multiple Horses. Use the Single return calculator to work out your winnings online for all sports. For instance, a +200 American odds is equivalent to a probability of 33. Exotic betting refers to an extremely popular group of horse racing wagers that all include a component where you must wager on multiple horses. Divide the odds by 100, and then reduce it to its simplest form, e. Across the Board: By making an “Across the board bet”, you are actually placing three separate bets. 50, or $16. In these wagers, you place horse bet on the results or places of horses over one race. Odds Calculator - Convert Betting Odds & Calculate Payout. Our dutching calculator was created by Chat GPT, it's simple and quick. These are the races that make up the Triple Crown: Kentucky Derby (Churchill Downs) Preakness StakesOur Dutch calculator allows for three different types of dutching: first bet amount, total bet amount and target profit. This is an intermediate tool. How to read horse racing odds and calculate payoutsPayouts hiram irwin Horse odds: payout calculatorsEmerald downs early daily double. Your order must be correct. A show bet in horse racing is one of the lowest-risk ways to make wagers in horse racing, making it a popular bet for newcomers. How do you calculate. 00 Win bets. The potential reward for winning a pentafecta. Input the Odds. Another strategy is to play a smaller horizontal wager. Pick 5: In this type of online horse racing bet, players choose five winners of consecutive races, often held on the same day. Minimum Exchange stake now £1 - details here. To work this out, you can use the following formula: Individual bet = (Total stake x Individual arbitrage %) / Total arbitrage %. Check your potential winnings on accumulators, Lucky 15s and all your favourite bets with Paddy Power online bet calculator. How To Use A Horse Racing Bet Calculator. Find the latest bonus codes and promotions. Amount bet on horse No. How to Use Our Betting Odds Calculator. Pick 5/6 wagers: These wagers revolve around sport bettors selecting the winner of more than one race at a certain track during the day. Aqueduct Free Picks. If one of those horses finishes sixth, rip up the ticket. 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 measuring up factors and figures taken from a vast array. However, calculating the payout of this sports bet will not provide the odds of your wager. Bob Pandolfo, a. BETTING CALCULATOR FAQ Horse race betting is based on the pari-mutuel betting system, which means you are betting against other bettors. (+400/100) + 1 = 5. If you play a 3-5 Exacta, the #3 horse must finish first and the #5 horse must finish second. Online free bet calculator: Complete guide to using our free bet calculator, with examples of popular online bets and the different types of odds available. Follow this link for the Round Robin Parlay Calculator. Think about it. Meaning: You will get $6 in profit for every $5 you wager. $900 minus 15 percent equals $765. e. Select the type of bet, the amount, and the horses you want to include in the bet and get the total cost of your bet. The calculator will automatically update to show you the decimal odds (3. Odds can typically be entered in fractional or decimal formats, depending on your preference. 00 on $2. The superfecta in horse racing falls into a class of wager that can be classified as an exotic bet. The online horse betting calculator may present an odds conversion function for punters from the UK who wager outside the UK and need a fractional conversion of the decimal odds used outside the British horse racing and and the other way around. 50. The basic information on the betting ticket window is the "odds to win" for each horse. For example, a $1 Exacta wheel of horses 1 and 2 in first place over horses 3, 4, and 5 in second place would cost $6 ($1 for each combination). If you box six horses, giving you the flexibility of missing out on one horse, then the combinations jump to 720, adding up to $720 for $1 tickets and $72 for 10-cent tickets. The Pick 6 is by far the most challenging and rewarding wager in parimutuel horse racing betting. 5), and then add 2 (final payout: $5. CURRENT BALANCE: Insert your current betting balance BOOKMAKER ODDS: The odds you want to back YOUR ESTIMATE (%): Your estimated probability of the selection winning FRACTIONAL KELLY BETTING (FKB): Choose between 0. your stake. Box – When you box a wager, you are playing all of the possible combinations of a group of horses. Wager amounts start at $2 and $50; Emphasis Strategy: You can select to emphasis trainer, jockey and the horse's pedigree and Smart Pick will factor you suggested wager with those preferences in mind; Bet Calculator: The bet calculator is a simple tool to help you determine the cost of an exotic wager Racing Schedule -Quinella - Bet in which the first two finishers must be picked in either order. Racetracks calculate pari-mutuel wagering odds by collecting all bets of one type into a pool, taking a percentage off the top for the house, and using the. By requiring bettors to select two or more consecutive winners, multi-race wagers can exponentially increase payoffs compared to betting individual horses to win. AmWager is a prime choice for tricast betting in the United States. $150 Deposit Bonus AmWager Promo Code: BUSA150 Get Bonus. You pick the #4 horse to win, the #3 horse to come second, and the #1 horse to come third. The Daily Double is a multi-race, multi-horse bet that requires the bettor to pick the winners of the first two horse races on a single card. " The following examples are for a $1 Superfecta Box:Method 3 – A Daily Double Parlay. 85), fractional odds (57/20), and implied probability (25. The odds and payout difference. The horse racing payout calculator comes in various ways depending on the wager type placed on the horse or horses. payout and handicapping. To calculate the potential payout from a football bet, multiply the stake by the odds. Low margins. 1 – 1. USA. The calculations are rather simple. An Alphabet betting calculator works out the returns of your winnings when placing a bet on six selections on horse racing or another sport. Odds on the toteboard are for win wagers only and are approximate with the final payoff based on the final count of wagers from all simulcast outlets. 00 Payout. For each-way bets select the tick box on the right of the page if your selection has. But the cost of a Pick 5 wager rapidly increases with every extra horse you include. The Expected Value calculator provides you with the expected value (xEV) and expected ROI (xROI) of your bet. Presume a Superfecta Part Wheel wager of: {A} with {B} with {C} with {D} Where {A} is the number of horses in the 1st position, {B} is the number of horses in the 2nd position, {C} is the number of horses in the 3rd position, {D} is the number of horses in the 4th position. Online free bet calculator: Complete guide to using our free bet calculator, with examples of popular online bets and the different types of odds available. To calculate the payout on a horse bet, you multiply the amount of your bet by the odds offered on the horse. Horses 1, 2 are your first key. 4-7. In the case of straight wagers, the horse racing payout calculator simply takes the odds, presented in decimal or fraction, and uses it together with the stakes laid on the wager to calculate the payout. Determine the cost of your online horse racing wager. See full list on wsn. Many punters have moved on from regular win, place or show wager and are now already mastering several types of wager altogether. 00 Charles Town CT Pick 6 Jackpot 11/22/2023 $71,515. For example, a horse with good form gets one point, a horse. - £/€20 in Free Bets. 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. The method involves backing more than one selection in a horse race or sporting event so that the returns would be equal regardless of which selection won. Register or Log-In (be sure to check for Derby week offers!) Select the track of Churchill Downs. This is referred to as “a submission. In the 1st dropdown menu list, select 'Exacta' (or other exotic bet) Selecting an exotic bet will cause a third dropdown menu box to appear. BetAmerica online Sportsbook & Advanced Deposit Race Wagering features online betting action and a wide selection of bet types to choose from! Futures, Spreads, Straight Bets, Parlays, Exotics, Multi-Leg and more on the sports you play - Football, Basketball, Soccer, MMA, Thoroughbred Horse Racing, Greyhound Racing, and Quarter Horse. The horse racing payout calculator comes in various ways depending on the wager type placed on the horse or horses. e. You’ll see the amount of money bet in each pool and the resulting odds based on the $1,000 total in the pool: #1: $100. Not a bad investment when you consider. Here’s an example. A Dutching calculator for this horse racing betting system will work it out way quicker. WHAT IS DUTCH BETTING? Dutch betting is a betting strategy that gamblers have been using since the 1920’s to gain an edge on the bookies. However, if the lay bet wins, you win the £7. If your horse finished in places 2nd. 50. Extra Places at bookmakers’ discretion. A bet can be broken down into two elements; the Stake - how much you risk. Most bettors like to use a horse racing betting strategy in which they use more than five horses. In this detailed guide, we explain what is a Placepot bet for horse racing, how it works. 00. 0. $528. Racingdudes. Select the bet type from the list across the top of the calculator. From specific predictions such as outrights, accumulators and exact as to flexible wagers like each-ways, you can make picks. Pick the one that appeals to you and play that bet: The more. This should include both your original stake and the profit you stand to make if your choices are successful. Call 1-800-Gambler. USA Bettors accepted 🤑. SUPERFECTA is the form of pari-mutuel wagering whereby you select in order the first, second, third and fourth place horses in races which offer superfecta wagering. When the win finally happens the payout can be of jackpot. The Superfecta Wheel bet is picking sets of horses to finish in first, second, third, and fourth position. 00. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1. 2 times original $5 wager = $11. The potential payout is higher than for a single bet, but the risk is also greater. 50. If you look at the market for a major European horse race and the favorite is priced at 3. That's right. g. With over 8 years of industry experience, our excellence-driven solutions have helped numerous new and existing businesses achieve the highest yields. Your $2 bet will return a total of $4. When betting on the Pick 6 online, the same minimum wager decided by each track applies. Dutching, also known as a dutch bet, is a betting method and/or strategy used to spread your stake across multiple selections. Horse players winning is a win for us too. The best way to attack either the Exacta or Double would be to wheel a number of horses in multiple combinations for the lowest stated minimum, typically $1. Premier Turf Club ( BetPTC. 18+ BeGambleAware. 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 implied probability of winning. 55. For example, if you are placing a money line bet on the Cubs to win. Let’s explain some U. Opt-in required. For example, if you bet $10 on a horse with 5-1 odds, the payout would be $10 x 5 + $10 = $60. Calculating the cost of trifectas where different selections are made for each place is more difficult which is why it is best to use our calculator. For instance, a +200 American odds is equivalent to a probability of 33. This tool will help you calculate how much a pick-4 wager will cost. 00 Win bets. The Fair Payoff for an Exacta equals the size of the bet, such as a $2 Exacta, multiplied by the (win horse's odds-to-1) multiplied by theThe Lucky 15 Bet Calculator allows you to calculate the stake, return and profit for Lucky 15s, permed from up to 20 selections if required,. So you betting would slip will be $2. Thanks to our free each way bet calculator, you can work out total returns and profits on each way wagers for horse racing and other sports. Nyra Bets – $200 deposit match. com) offers players like you unique features to the online wagering experience. You can pick out more horses and have that many more combinations. 00 you wager, you'll win $3. To calculate the combination on a trifecta, just multiply the number of horses to be boxed by the next lowest number multiplied by the next lowest number. Enter the decimal odds of 2 or more selections in the appropriate 'choice' fields. This is a simple variation of wheeling. If the back bet wins on Sky Bet, you win £60 profit but lose £52. Learn more. For instance: Daily doubles: This wager entails selecting the winner of back-to-back races. In the case of straight wagers, the horse racing payout calculator simply takes the odds, presented in decimal or fraction, and uses it together with the stakes laid on the wager to calculate the payout. 5% chance of winning $200 if you win the bet. You cash a win bet only if your horse finishes first. Some tracks have experimented with a $1. Watch and Wager has one of the largest assortments of race tracks of any online racebook that we have ever reviewed. 5 horse will win, the No. Almost always done when the horse is a yearling. For example, if you choose to bet 1-3, you will win if the horses end 1-3 and 3-1. You can box four or more horses on a single ticket and wager $1 (or more) on each combination. Other examples: A winning $2 bet on a horse that goes off at 7-2 odds (3. The calculator helps players quickly work out potential. This happens each racing day until someone wins, just like a progressive slot machine does in a casino. An unbeatable betting experience. Select a Wager, Make a Bet! Use our Online Gambling Calculator to find out your ticket cost. To calculate “+” odds, divide the odds by 100 and multiply that product by the wager amount. About AceOdds. TwinSpires Mobile App. Many bookmakers will only apply a bonus to bets that consist entirely of horse racing and/or greyhound selections (except ante-post). Round Robin Bet Calculator. Many tracks are now doing this wager in a Jackpot Pick Six format: unless there is one single ticket with the winning horses, a portion of the pool is paid out but the majority carries over to the next day. Taking the example above, if we added a stake of $50 we can calculate the potential winnings from the bet using an odds calculator: Profit = (50 * 275)/100. When calculating American odds for minus odds wagers, you are calculating the odds for favorites, which returns less than even money in profits. A Large Selection of Domestic and International Race Tracks. Fields. A Tricast Bet (Trifecta) refers to a horse racing bet that you place on who will finish in the top 3 places in a race. Uncover the potential of your wagers with our Sports Betting Payout Calculator. If your horse finishes first, second, or third, your show bet is a. 50) and your total potential. Use the Double return calculator to work out your winnings online for all sports. 00. In other places like the UK and Australia this bet is sometimes called a multi-race horizontal wager. Max refund per qualifying bet is £10 (up to £50 in total). Playing an Exacta increases your chances of winning, while also increasing your cost of playing. Insert each team’s odds and click "ADD BET," and the calculator will instantly display the amount you will win ($375. In boxing the superfecta, the bettor may bet a minimum of four horses on a single ticket, giving the bettor every possible combination of the chosen. 00, but many tracks now offer $1. In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to. Using our bet calculator, you find out that you have a 2. So you betting would slip will be $2. A $300 bet at 1/3 odds would win $100, for a total payout of $400. 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. BetMGM Horse Racing – 100% deposit match up to $200. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. Exacta – Choose the horses that will finish first and second in the correct order to win an exacta bet. One main function is odds conversion, from fractional to decimal and the other way around. Here are the post positions, morning-line odds, jockeys, and trainers for the nine-horse field in the Santa Anita Derby, which will be contested on dirt at 1-1/8 miles. Whether you’re exploring each-way betting, trying to familiarize yourself with the concept of rule 4 deductions, or test driving a new staking plan — the horse betting. The horse in the Kentucky Derby with the lowest odds is favored to win the race and the rest of the horses are underdogs at Churchill Downs. Calculate your winnings with the bet calculator for Singles, Doubles, Trebles, Accumulators, Lucky 15 / 31 / 63, Trixies, Patents, Round Robins, Goliaths and more. Betting odds are calculated by the probability of something happening. Extra Places at bookmakers’ discretion. This wager requires 2 winners to guarantee a return. In the 2nd dropdown menu, select the desired USD value. You should define how much of your horse racing betting bankroll that you are willing to put in play each betting day. From the example, you can see that although your profit isn’t huge, it is guaranteed. Place: your selection must finish in the top 2. The horse racing bet calculator is a horse betting calculator offered the easy going for punters by taking over everything that involves calculation, handling of stakes vs. With our parent company Churchill Downs, the home of the famous Kentucky Derby, TwinSpires boasts being a part of the rich history in horse racing and. 00, multiply this by your stake to calculate potential returns. Select the method you wish to use and the calculator will do the rest. Round Robin Bet Calculator. That would be. Additional places. 15. In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to. FD Racing. 00. A Rule 4 deduction is a function of our horse bet calculator UK punters won’t want to have to use, but the reality is these do apply to any wagers apart from ante post betting done in advance, so we’ve included it. Horse racing odds calculator payout@wagertalk posted to instagram: below is a chart showing the current. Each additional horse increases the cost of the bet. (CDI) CEO Bill Carstanjen, fixed-odds horse race betting just isn’t really that good for horse racing. It requires you to pick the first four finishers of a single race in exact order. If you want to widen your selection pool, you also have the choice to do so. A horse that was sent off at 10-1 odds would pay $22. If you bet $100 on the Eagles to win at -150, you would net a payout of $166. The horse racing calculator at Winning Ponies deals with exotic betting calculations and since a major portion of Winning Ponies’ tips are in fact exotic betting tips, it must allow members to calculate their bets especially when they. Exotic bets are those which involve more than one race or more than one horse. Betting a large amount just because you can is not going to make you a winner. So when betting each way horses, you are betting on a win and a place. Horse racing calculator can convert odds, calculate required stakes for exotic betting and estimate the possible payout of a bet. Here is a simple example of win odds calculation: Total pool: $900. The key to understanding the Pick-3 is in knowing that it involves multiple horses and multiple races. In order to get your total earnings, you multiply $2 by the numerator 7 and. Now that you have given the check marks for all the various handicapping factors, count the number of check marks each horse received and write that number next to their name. Using our bet calculator, you find out that you have a 2. Multiply your total times two if the Pick Six is a $2 wager. Sports betting hold calculator: The hold represents the bookmaker’s advantage over you, and thus the quality of your bet. Horse Racing Calculator – Betting Type Costs and Payouts. Another horse racing betting system is the Paroli System, based on bankroll management. Trifecta box – A trifecta wager in which all. By doing so, the horse racing bet calculator lets the punters focus on placing their wager in a much more efficient manner resulting in more wager. Below is a two-step guide that explains how to use our betting odds calculator for the first time. Enter Total Stake: Enter Decimal Odds (comma-separated): Calculate stakes and returns. Show: bet on a show, and your horse needs to finish in the top 3 positions. 5 and the stake is $10, the potential payout is $15 ($10 x 1. Check.