Hi, there, Beginner question.

Wild_One said:

Hi, can y'all briefly explain to me how a horse ticket is paid out.

For example if I bet a horse $2 across the board.

And the horse pays out 3.40 2.20 and 2.10.

How much did I win or lose? How much goes back into my sportsbook balance?

Ty for your time.

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yesyes said:

for wps 2.00 is the minimum bet

In your case

outlay 6.00
intake 7.70– that is what your account should read

profit 1.70

Gl

Click to expand...

yesyes said:

for wps 2.00 is the minimum bet

In your case

outlay 6.00
intake 7.70– that is what your account should read

profit 1.70

Gl

Click to expand...

Wild_One said:

In that case, you win 1.40 on the win , 0.20 on the place and 0.10 on the show, correct? I'd get my 6 dollars back and profit 1.70? Correct?

Click to expand...

Wild_One said:

In that case, you win 1.40 on the win , 0.20 on the place and 0.10 on the show, correct? I'd get my 6 dollars back and profit 1.70? Correct?

Click to expand...