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If you bet 20 to win and horse wins pays 6.20 for 2 what do you win?
Wiki User
∙ 13y ago
Your winning ticket would return $ 62.00, or $42 profit on your $ 20 wager.
Wiki User
∙ 13y ago
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What does nobody has ever bet enough on a winning horse mean?
'Nobody has ever bet enough on a winning horse' If your horse wins, you always wish you had bet more on it. Money you bet on a losing horse is lost, but the few times you win you'll always wish you had bet more, forgetting that it would have been gone forever if you'd lost. People are never happy with what they have.
On a horse docket of 3 horses if one wins do you win?
If I understand your question correctly, if only three horses race, would you win no matter what? You would only win if you bet on the winning horse to "win." When you bet on a horse race, you also bet on what position that horse finishes. You may bet on a horse to "win, place, or show" or all three (each bet costs more money). If the horse comes in first, second, or third, and you bet all three, you would still get a payout. There are numerous combinations to wagering, Exactas, Trifectas, etc. and even in a three horse race, if you didn't bet correctly, or on the right horse, you could still lose.
How do you figure payouts for wagers larger than 2 dollars in horse racing Example If you have a 5 dollar Show winning ticket The horse you bet on pays 7 dollars to show if you placed a 2 dollar bet?
Divide the size of your bet by 2, then multiply the result by the payoff. For example, if you bet $2, and your horse paid $7.00 to show, your payoff would be (2 ÷2) X $7.00, or $7.00. If you bet $35 to show on a horse paying $7.00, your payoff would be (35 ÷2) X $7.00, or 17.5 X $7.00, or $122.50.
What are the payouts for a 2 dollar bet?
it depends on the odds of the horse. if you bet on the favorite you will make less than you would if you were to bet on a long shot
Does playing the max bet on a slot machine have anything to do with the way it pays off. It seems that playing the max. on slots more wins come up?
no it depends on how lucky you are
When someone makes a bet with a bookie and wins the bet who pays the winner?
Ideally, a bookie collects payment from the losers and uses it to pay the winners, taking a portion as his fee. If a bookie takes a bet that he cannot balance against another bet ("lay off"), he risks being responsible for making up the difference out of his own funds.
What is book making?
The crime of book-making is one of acting as an agent for illegal betting. The book-maker (or "Bookie") takes bets on various events or outcomes. When a bet loses, the Bookie keeps that money. When a bet wins, the Bookie pays the winner.
What is the list of British horse racing odds?
There is no "official' list of odds anywhere. At each track the handicapper(s) take their best guess and these are the odds printed in the program. But the betters set the real odds with their bets. The more money bet on a horse, the shorter the odds. Basically, at the track, all the money bet goes into a pool. The taxman and the track take their cut and what is left is the money that can be won. There is a sum of money (a pool) for first, a pool for second and a pool for third. A bet for second pays if the horse comes first or second. A bet for third pays if the horse finishes first or second or third. Bets with off track bookies are different. You are quoted odds at the time you place your bet and regardless of what else happens, if you win, you get paid at those odds.
Is it legal for jockeys to bet on horse racing?
no i don't think it is wrong to bet on horse racing
With regards to horse racing what does the term 'lay betting' mean?
With regards to horse racing, 'lay betting' means to place a bet on a horse to lose, rather than to win. This, in many cases, would increase the odds of winning. However, care must be taken because if the horse in question wins, you have to pay out.
How much does a 50. dollar parlay bet pays on a 2 teams?
50 dollars pays what in a two team parlay
Is it illegal to bet on horse racing in a public house?
no they have call a bet you know
