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 2/5, 2/ 1, 9/ 1.
Odds = 9 (to) 4, Stake = 100, then click 'Calculate' The Instant Bet Calculator will then show the return on a: Win only bet. Winning each way bet (1 /4 odds).
Depending on the type of race and the number of runners in the race you will either be paid at 1 /4 or 1 /5 the win odds for the place part of your each way bet. This money goes to pay state and local taxes, payment for the horsemen, expenses at the track, and the track's profit. However, if you want an easier way to calculate your wagers, you can find a variety of waging calculators on the web, including a nice one at shuttleworthforcongress.org. Simply select your stake and and enter the odds of you bet and you can quickly see what you have won. Not precisely the chances of them winning because the house pads it in their favor. The total pool is all the money bet on all the horses to win, but it top 10 free rpg android games 2014 NOT the amount that will actually be paid out to the holders of winning tickets.