FanDuel Racing displays fractional odds, so if they show as "5/1" for a particular horse, that would be read as "5 to 1", meaning that for every dollar you wager on that horse, you can expect a profit of about $5 if the horse wins. If you wager $10 on a horse that is 5/1 and that horse wins, your payout will be approximately $60, which is a $50 profit (5 x 10) plus your original $10 stake. If you wager $10 on a horse that is 1/5 and that horse wins, your payout will be approximately $12 ... Odds Payout Chart. Watch FREE live racing online from Laurel Park and Gulfstream Park! Bet from home! Watch the races you wager on FREE! Click here! Click here to plan your bets and payouts using these free calculators… Parlay, Hedge & Margin. Enjoy exciting live horse racing from Florida’s beautiful Gulfstream Park along with commentary and handicapping discussion for better, more ... Since most tracks have a $2 minimum bet, below is a handy chart to look up the payoff for a $2 bet at various odds. Remember, your actual payoff may differ from this chart, as the odds on the tote board are rounded off, so 2-1 odds on the tote board may actually be 1.9-1 or 2.2-1. Actual Payout: 20 divided by 1 plus 1 = 21 times original $1 = $21 payout. 10-2 odds. Spoken: 10 to 2 odds; Meaning: you will get $10 in profit for every $2 you wager; Actual Payout: 10 divided by 2 plus 1 = 6 times original $2 = $12 payout; How to Read Horse Racing Odds. So how exactly do you read horse racing odds. Glad you asked! Let’s explain this from the top. You’re betting on horse races and want to know how much your winning bet will give you. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second number, and then add $2 — simple as that! Following is a list of […] You can see that a 2/1 (blue col on the left) is the low recommended “on-top” horse odds, and 6/5 is the low recommended “on-bottom” horse odds. Exacta combinations including horses at odds lower than that are almost always under-laid and pay off less than fair. These payouts should be considered the minimum acceptable. Some players require far more – up to double the “fair” payout (so 90% more than the prices given below). You might want to consider holding out for a 50% ... The odds determine your payout, which is usually rounded down to the nearest dime (known as breakage). The more money wagered on your horse to win, the lower the odds and payout. By examining the betting odds of each horse in a race, you can judge which horses, in your opinion, are being sent off at a fair price, which provide value and which may be overbet. Horses sent off at significantly ... Understanding how horse racing payout odds work will take you a long way in making sense of everything. Learning how to read the odds in horse racing betting isn’t as difficult as it may seem. Familiarity with fractions helps but you do not need to be a mathematician to understand how the odds on horse races function. Eventually, with some practice, it becomes second nature to look at a list ...
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