Calculating the win odds is really easier than people sometimes realize. To figure out your win price, take the odds of your horse and multiply the first number by two, divide by the second number and add $2.00, simple right.
The following is a list of payouts for the more common odds for a win bet:
Odds |
$2 Payoff |
1/9 |
$2.20 |
1/5 |
$2.40 |
2/5 |
$2.80 |
1/2 |
$3.00 |
3/5 |
$3.20 |
4/5 |
$3.60 |
1/1 |
$4.00 |
6/5 |
$4.40 |
7/5 |
$4.80 |
3/2 |
$5.00 |
Odds |
$2 Payoff |
8/5 |
$5.20 |
9/5 |
$5.60 |
2/1 |
$6.00 |
5/2 |
$7.00 |
3/1 |
$8.00 |
7/2 |
$9.00 |
4/1 |
$10.00 |
9/2 |
$11.00 |
5/1 |
$12.00 |
6/1 |
$14.00 |
Odds |
$2 Payoff |
7/1 |
$16.00 |
8/1 |
$18.00 |
9/1 |
$20.00 |
10/1 |
$22.00 |
11/1 |
$24.00 |
12/1 |
$26.00 |
13/1 |
$28.00 |
14/1 |
$30.00 |
15/1 |
$32.00 |
16/1 |
$34.00 |