Odds on horse racing calculator for exotic betting
Superfecta and Pick 6 wagers are among the highest-paying bets in all of horse racing. Boxing a bet is one step up from placing a plain exotic wager, but it is still not too difficult. The main thing to understand is that boxing an exotic bet lets you cover every possible combination of selections.
Predicting the finishing positions of two, three, four, or more horses is what makes exotic wagers such high paying bets, but doing so is no easy feat. Horseplayers interested in increasing their chances can box their bets to cover additional outcomes — for a price. Boxing a bet involves covering every possible combination of selections.
The bettor also has the option to add additional horses to the ticket. For example, consider the trifecta bet. Picking three horses to finish in first, second, and third place in that exact order is extremely hard. A bettor who is willing to spend a little money can select three horses and box the bet to ensure it wins no matter the order those horses finish.
Multiple races Dagens Dubbel daily double and Lunchdubbel lunch double : The bettor must pick the winners of two nominated races at the same track. V3: The bettor must pick the winners of three nominated races at the same track. Unlike V4, V5, V65 and V75, where a bet for all races must be made before the start of the first race, in V3 the bettor selects the winner one race at a time.
V4: The bettor must pick the winners of four nominated races at the same track. V5: The bettor must pick the winners of five nominated races at the same track. V The bettor must pick the winners of six nominated races at the same track. Return is also given for combinations of five correctly picked winners, even if the same bet included all the six winners.
Return is also given for combinations of five or four correctly picked winners, even if the same bet included more correct picks. V The bettor must pick the winners of seven nominated races at the same track. Return is also given for combinations of six or five winners picked correctly, even if the same bet included more correct picks. V The bettor must pick the winners of eight nominated races at the same track. Return is also given for combinations of seven or six winners picked correctly, even if the same bet included more correct picks.
Place: Select correctly the 1st, 2nd or 3rd horse in a race with 7 or more declared starters, alternatively select correctly the 1st or 2nd in a race where there are 4 to 6 declared starters. Quinella: Select correctly the 1st and 2nd horses in any order in a race. Quinella Place: Select correctly any two of the first three placed horses in any order in a race.
Tierce: Select the 1st, 2nd and 3rd horses in the correct order in a race. Trio: Select correctly the 1st, 2nd and 3rd horses in any order in a race. Quartet: Select correctly the 1st, 2nd, 3rd and 4th in correct order in a race First 4: Select correctly the 1st, 2nd, 3rd and 4th horses in any order in a race. Multiple races Double: Select correctly the 1st horse in each of the two nominated races. There is a consolation prize given under the conditions that the player has selected correctly the 1st horse in the first nominated race and the 2nd horse in the second nominated race.
Treble: Select correctly the 1st horse in each of the three nominated races. There is a consolation prize given under the conditions that the player has selected correctly the 1st horse in the first two Legs and the 2nd horse in the third Leg of the three nominated races.
Double Trio: Select correctly the 1st, 2nd and 3rd horses in any order in each of the two nominated races. Triple Trio: Select correctly the 1st, 2nd and 3rd in any order in each of the three nominated races. There is a consolation prize given under the conditions that the player has selected correctly the 1st, 2nd and 3rd horses in any order in the first two Legs of the three nominated races. Six Up: Select correctly the 1st or 2nd horse in each of the six nominated races.
There is a consolation prize given under the conditions that the player has selected correctly the 1st horse in each of the six nominated races. For example, betting 1, yen to Each-way means betting yen to Win and yen to Place-Show. Wager must be multiple of yen JRA-sanctioned horse racing. Betting on operators' website by PC or cellular phone only horse racing only. If there are 7 or less starters in the race then third place is not counted and the bettor must pick a horse that finishes either first or second.
This bet type is not available on events with 3 or fewer runners. Only available on races with runners. Trio: The bettor must correctly pick the first three finishers in any order. Trio Ordre Trifecta : The bettor must correctly pick the first, second and third finishers in their finishing order. Pick5: The bettor aims to correctly pick the first five finishers in the race irrespective of the order.
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The payout calculation consists of multiplying the stakes by the odds and then adding the initial amount of stakes laid on the wager. In an exotic wager, the payout remains unknown until the race or meeting is over.
This is due to the fact that the exotic wager pool is separate than the straight wager pool when the exotic wager pool is divided among many winners, so until the race is over and results are determined, the payout is unknown. It uses the odds, the stakes, the number of horses running a race and the number of races run in a meeting and comes up with a rather accurate estimation of payout. This way the punters can keep track of the crucial ratio held between the stakes and the payout.
Horse Odds Calculator for Odds Conversion There are two types of odds formats used in horse racing betting , one being fractional format and the other being decimal format. While Win bets are easy to calculate based on the chart above, exotic bets can be more tricky. Exotic bets do not have exact horse racing odds due to the many variables involved with them.
However, most of the top online sportsbooks offer probable payouts for certain wagers like the Exacta. The amount of winning dollars is then subtracted from the total pool, and then the remaining pool is divided by the amount of money bet on the winner. The final step is for that amount to be added back into the winning bet amount. They are rounded down to the nearest nickel or dime, which is called breakage. Chances of Hitting Different Bets Another key aspect of calculating payouts has to do with which type of bet you place.
Depending on the wager, you are going to have anywhere from a very good chance of collecting to a highly unlikely chance. The more difficult it becomes to win a certain bet, the higher your payout potential goes. The Superfecta often costs a lot to make an effective bet, but if you did, you are likely looking at really big payouts. Trifecta Not as hard as the Superfecta, but still one of the most difficult bets to hit.
Trifectas often offer high payouts, but they are also expensive given the various combinations you can select. Exacta The Exacta is a moderately difficult bet to hit but far more achievable than the Trifecta and Superfecta.
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