How do you bet on a horse race January 27th, 2012
Ok. I know you could put 2 dollars on a horse but how do you know what you win?
Say the odds are 10 to one and you bet 5 dollars- what do you win?
- if you bet $10 to win you would win $55. you multiply the money you bet times the odds and then you add what you bet. if you win you always get your initial bet added to your winnings.
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The below payouts are all based on a straight up bet of $2.00 to win…….
1-5…….$2.40
2-5……$2.80
1-2…..$3.00
3-5…….$3.20
4-5…….$3.60
1 (even)…. $4.00
6-5…….$4.40
7-5…….$4.80
3-2……$5.00
8-5…….$5.20
9-5…….$5.60
2………$6.00
5-2…….$7.00
3……….$8.00
7-2……$9.00
4……….$10.00
9-2…….$11.00
5………$12.00
……Billy Ray
- There are many betting options with a variety of odds. Buy a program at your local track and you will find out how it works.