Horse Race Grading ??

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And if the Road Warrior says it, it must be true..
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If I bet $5.00 on a horse to win and it paid $14.60...what is my payout??

Sorry...kinda new to horse racing...thanks
 

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$36.50.

Payouts are based on $2 wagers. Unlike sports you don't get your stake back. It's built into the payouts.
 

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$14.60 back total for every $2 wagered...........thus profiting 12.60.

$5 ticket would return 14.60 x 2.5 ..........$36.50................profit of 31.50
 

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Handicapper
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do not trust LaBEEB and fishhead they can not be trusted. :)

the real answer for profit is is $31.50 plus (0.07*$5) = $0.35 for a total of $31.85 profit!

(7% rebate from Pinny!) always use Pinny for horse wagers.
 

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