The amount you win is calculated by dividing up the pool of money* that the entire betting community spent on First 4 bets in a race by the amount of correct $1 bets. Therefore, if you place a $5 First 4 bet, you’ll have five shares in the winning First 4 pool.
How do you calculate boxed first 4?
In order to calculate a First 4 percentage you must multiply the number of runners that you have chosen for each finishing position, except for runners included in multiple positions which can then be subtracted.
How are show payouts calculated?
Calculating the Payouts for the Win Place Show Bets
- From that odds ratio, you take the first number and multiply it by 2 (remember, if the odds is a whole number, place that over a 1 – for example, 7 would be 7/1)
- You take that number and divide it by the second number of the odds ratio.
How much is a first 4?
For 100% of the dividend, a first four bet costs $1. A boxed first four costs more, depending on how many combinations your bet represents. If you box four horses, the cost for 100% of the dividend is $24 (4 x 3 x 2). The boxed first four costs more if you wish to include more horses.
How much does a box first 4 cost?
A Boxed First Four – which allows for the horses to finish in any order – with the same number of selections (4 selections being the minimum) will cost a minimum of $24 due to the increased number of winning combinations.
How much does it cost to Box 7 horses in a first 4?
Superfecta Box Costs:
| $1 Superfecta Box with four horses | $24 (24 possible combinations) |
|---|---|
| $1 Superfecta Box with five horses | $120 (120 possible combinations) |
| $1 Superfecta Box with six horses | $360 (360 possible combinations) |
| $1 Superfecta Box with seven horses | $840 (840 possible combinations) |
How do you calculate quartet?
With a Straight Line Quartet, one horse must be chosen for 1st, one for 2nd, one for 3rd and another for 4th. There is therefore only ONE dividend (barring dead-heats in any of the first four positions – see below). Example: Given a result of: 1 – 2 – 3 – 4, the winning quartet would be 1&2&3&4.
How do odds payouts work?
When odds are expressed with a + or a – followed by a number, they are American money line odds: +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).
What does 9 to 5 odds pay?
Odds with $2 Minimum Payoff for Horse Racing
| Odds | $2 Payoff |
|---|---|
| 8/5 | $5.20 |
| 9/5 | $5.60 |
| 2/1 | $6.00 |
| 5/2 | $7.00 |
What does 7 to 5 odds pay?
The odds and what they mean
| Odds | Payoff range |
|---|---|
| 6-5 | $4.40-$4.70 |
| 7-5 | $4.80-$4.90 |
| 3-2 | $5.00-$5.10 |
| 8-5 | $5.20-$5.50 |
How do you calculate first four?
For box First four bets, you multiply the number of selections for 1st place, 2nd place (minus 1), 3rd place (minus 2) and fourth place (minus 3). If you box six horses in a First four bet, it will cost 6 x (6-1) x (6-2) x (6-3) = $360 for a full $1 unit.
How does a first four work?
Standout First 4
You select one horse to run first if you think it is a sure thing, or in any other position, although first is the most common position to have your standout.As long as your horse finishes 1st that you selected, and the other three horses run 2nd 3rd or 4th in any order, you win the bet.
How do you bet on first 4?
A First 4 consists of selecting four runners to place first, second, third and then a fourth in the correct order. You can select as many runners as you want and make it a boxed First 4 bet, or even pick a standout for any of the 4 positions.
How is a Goliath bet calculated?
A Goliath bet consists of 247 equal bets on eight selections: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, eight seven-folds and one eight-fold. We explain how it works and when to use one below. At least two of your eight selections must be successful to get any return in a Goliath bet.
How is Flexi calculated?
If you are successful with a Flexi bet you collect the percentage of the dividend equal to the percentage of the full cost of the bet you placed; that is your Bet Percentage. So, if your Bet Percentage was 25%, you will receive 25% of the dividend. If your Bet Percentage was 150%, you will receive 150% of the dividend.
How do you calculate a quaddie?
A quaddie is an exotic bet type where you must select the winner from 4 nominated races at the one race meet. A quaddie is calculated by multiplying the number of selections in each leg.
How are horse race payouts calculated?
How do you calculate the expected payout for a Win Bet? Win payouts are based on a $2 wager. Multiply the Tote-Board odds times $2 and then add the $2 wager back. For example, #8 is (7-1), so 7 x $2 = $14, Add $2 = $16 payout.
How much does it cost to Box 5 horses in first 4?
A. The amount you invest is calculated as a percentage of the full dollar dividend. Example: a boxed First 4 with 5 runners costs $120 to receive 100% of the dividend. If you invest $30, your percentage is 25% of the dividend.
How does a quinella payout?
How Much Does a Boxed Quinella Payout? The payout on your boxed quinella bet depends on your flexi percentage. Simply multiply the percentage by the official dividend, and that is your payout for the quinella. For example: if the quinella dividend is $50 and your flexi percentage is 200%, your payout is $100.
How do you calculate quartet payout?
Quartet odds will be calculated by dividing the Merged Pool Total by the amount allocated to each race outcome.
How do you calculate first 4 odds?
The amount you win is calculated by dividing up the pool of money* that the entire betting community spent on First 4 bets in a race by the amount of correct $1 bets. Therefore, if you place a $5 First 4 bet, you’ll have five shares in the winning First 4 pool.
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