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I honestly wish i could answer this, as I'm here for the same information, but sadly it isn't publicised and is hard really hard to obtain. Having worked in a bookmakers for several years, none of my coleagues even know.
I've attempted to work out the formula myself on plenty occasion during quiet days, sometimes I've felt that I got close, but there are too many variables. All I'm sure of is that it must be based on the SP of the first two placed horses, with the number of runners takeninto consideration, and possibly even the SP of the favourite , and maybe even that of the market outsider. I promise to post if work it out. Good luck in your quest.
What else can I help you with?
Is it legal for jockeys to bet on horse racing?
no i don't think it is wrong to bet on horse racing
What is a Yankee in horse racing?
It is a kind of bet.
Is it illegal to bet on horse racing in a public house?
no they have call a bet you know
In Horse Racing what is meant by chalk player?
In horse racing, a chalk player is a bettor who tends to bet on the favorites.
What is a place bet in horse racing and how does it differ from other types of bets?
A place bet in horse racing is when you bet on a horse to finish in either first or second place. This differs from other types of bets, such as a win bet where you only win if the horse finishes first, or an each-way bet where you win if the horse finishes in the top few positions.
In horse racing did 'stone ginger' mean a sure bet?
In horse racing 'Stone Ginger' means a sure bet or certainty. This is due to a racing stallion in New Zealand that won every race he entered.
Is it legal in Nevada to bet on line for horse racing in California?
yes
What does the Racing Services Bureau do?
Racing Services Bureau provides information on horse racing. People can bet in horse races using them. One can view the results on the official website of Racing Services Bureau.
How do you calculate pari-mutuel payouts for horse racing bets?
Pari-mutuel payouts for horse racing bets are calculated by dividing the total amount of money wagered on a race by the total amount bet on the winning horse. The resulting quotient is the payout per dollar bet on the winning horse. This method ensures that the payouts are distributed based on the total amount of money wagered, rather than set odds.
Where can you find the live racing in horse race of Argentina?
Bet night live
Can you show me how to place a bet in horse racing"?
To place a bet in horse racing, you need to go to the betting window at the racetrack or use an online betting platform. Choose the type of bet you want to place, select the horse(s) you think will win, and specify the amount you want to wager. Pay for your bet and keep your ticket until the race is over to see if you win.
Where horse racing is played?
Many casinos will allow patrons to bet on a number of sporting events including horse racing. Contact the casinos in your area to determine if they offer this service.
