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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.
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.
How do you figure payouts for wagers larger than 2 in horse racing?
Bets are always in multiples of $2, so you just divide the total bet by 2 and multiply by the payoff.
If someone said to you I bet you 1 dollar that if you give me 2 dollars I will give you 3 in return Would this be a good bet?
No. If you gave somebody 2 dollars, they would decide not to give you the 3 dollars in return. They would lose the 1 dollar on the bet, but you just gave them 2 dollars, so they are still a dollar ahead (an you are out a dollar). NOTE: Even if they decided to give you the 3 dollars, it would be a wash. You give them 2, they give you 3. They win the 1 dollar bet, so you now give them a 3rd dollar, and you are both back where you started.
Origin of I'll bet my bottom dollar?
my understanding is that a stripper had silver dollar covering her nipples and the no no, the bottom dollar.
If I bet 1 dollar and lose how much do i have to bet to win 1 dollar to a factor of 10?
Assuming you lose up to 10 times.
What is payment on 8 to 5 odds on a 2 dollar bet?
A total of $3.20 for a profit (payment to the winner) of $1.60
You bet 20.00 on belmont stakes winner summerbird to show at local race track and got paid 46.00 the show odds were 4.70 shouldn't you have gotten 94.00?
Payouts are generally expressed in terms of a $2 bet. If the Show price was $4.70 then you should have received $47 since you had the equivalent of 10 $2 bets. Odds are not shown for place and show bets.
How much does a 50. dollar parlay bet pays on a 2 teams?
50 dollars pays what in a two team parlay
Is memorize a verb?
You bet your bottom dollar it is!
What does a Nassau refers to in the game of golf?
A "Nassau" is a type of golf bet. The typical bet is a "Two Dollar Nassau." This simply means that the players bet $2 on the front nine (whoever wins the front nine wins $2), $2 on the back nine, and $2 for the total 18. The most a single player can win is $6 in this scenario (win both nines and the entire round).
What are the release dates for I Spy - 1965 Bet Me a Dollar 1-20?
I Spy - 1965 Bet Me a Dollar 1-20 was released on: USA: 16 February 1966
