Horse wager calculator. A Tricast Bet (Trifecta) refers to a horse racing bet that you place on who will finish in the top 3 places in a race. Horse wager calculator

 
 A Tricast Bet (Trifecta) refers to a horse racing bet that you place on who will finish in the top 3 places in a raceHorse wager calculator  Bet Type :

Betting odds are calculated by the probability of something happening. The teller will hand you your ticket (don't. What is a Horse Betting Calculator? A horse racing betting calculator ( horse bet calculator ) is an online tool that is used to calculate the cost of large and. You can box four or more horses on a single ticket and wager $1 (or more) on each combination. 00 wager. To figure out how much money you could win on your wager, multiply the stake amount by the odds in fractional form. 3 to win the race, horse No. com 18 October 2023. 9 to place fourth. The horse racing calculator software incorporates all the features of the. For example, if the odds are 4-1 this suggests there is a 1 in 5 chance of winning (4+1), or calculated as 1 / (4+1) = 0. Special 2nd Place Horse Betting Calculator To Produce Guaranteed Profit. Likewise, a $1 Double wheel of. Oxford Languages indicates “across the board” is also a U. Payout for $2 bet: $4. Extra Places at bookmakers’ discretion. As a leading provider of legal online horse betting sites in the United States, TwinSpires offers advance-deposit wagering for horse racing, as well as live track video signals and much more. To use the calculator simply input the odds offered by the sports book then enter the probability of the event happening. The potential payout is higher than for a single bet, but the risk is also greater. A horse that is racing on the rail and is surrounded by other horses in front, outside and behind it. If you see the numbers a1 and 1A, you will receive two horses for the price of one. $1 Pick-3 using two horses in each race costs $8; $1 Pick-3, keying one horse with three horses in two other races costs $9. Assume a punter lays a £2 wager on a Trifecta wheel, picking horse number 7 as first and horses number 6 and 5 for the second and third. Enjoy anytime, anywhere wagering with online, smartphone, Voicebet® and TwinSpires Mobile from the most trusted name in horse racing. Horse Races Kentucky Derby Preakness Stakes Belmont Park Breeders' Cup More Races Results Race Tracks Churchill Downs Fair Grounds Saratoga Oaklawn Park Santa Anita Gulfstream Park More Race Tracks podcasts. g. g. Divide the odds by 100, and then reduce it to its simplest form, e. Odds can typically be entered in fractional or decimal formats, depending on your preference. Horse Racing Calculator – Betting Type Costs and Payouts. A Rule 4 deduction is a function of our horse bet calculator UK punters won’t want to have to use, but the reality is these do apply to any wagers apart from ante post betting done in advance, so we’ve included it. Horse Racing Wager Types | Horse Betting Calculator - TVG. 1 will show (finish third) and, you would like to make a $1 wager on trifecta. It can be used for sports betting, casino games, horse racing and other forms of gambling. To calculate “+” odds, divide the odds by 100 and multiply that product by the wager amount. This user-friendly tool helps you estimate your returns, optimize your betting strategies, and make. For example, 3-5 odds means that for every $5. These are the races that make up the Triple Crown: Kentucky Derby (Churchill Downs) Preakness StakesOur Dutch calculator allows for three different types of dutching: first bet amount, total bet amount and target profit. Assume a punter lays a £2 wager on a Trifecta wheel, picking horse number 7 as first and horses number 6 and 5 for the second and third. We offer wagering on over 180 domestic & international tracks – Thoroughbred, Harness & Greyhound! Start getting instant cash back only at BetPTC. Bet Amount Choose the amount of money you want. A spread bet in football is normally offered at -110 on both sides of the bet. The bet is usually a $2 minimum. A Tricast bet is also known as a Trifecta; in many articles and publications. 0 (Evs), and get money back as a Free Bet if it loses. The simple fact is that by computerizing the act of betting calculation a punter is less exposed to typing or head calculation errors as well as having an advantage when an. If the horse wins then you win both bets. Payout for $2 bet: $4. If your horse finishes first, second, or third, your show bet is a. Multiply your total times two if the Pick Six is a $2 wager. Bob Pandolfo, a. To work this out, you can use the following formula: Individual bet = (Total stake x Individual arbitrage %) / Total arbitrage %. Enter the amount you want to bet, i. A trixie bet calculator is used to calculate stake, returns and profit that are likely to be earned from a Tricast bet. FD Racing. The round robin bet is a 3 selection wager consisting of 10 bets: 3 doubles, 1 treble and 3 up-and-down single stakes about pairs. So you betting would slip will be $2. 2 nd = Horse 3. Exotic Bets: Single Race. If your horse wins, you get the win and place winnings. Additional places. A $300 bet at 1/3 odds would win $100, for a total payout of $400. Let’s look at an example of spreading and then look at how this affects the cost of the bet. Start Over Choose the wager amount and wager type you wish to place. That means you can log in to Paddy Power at any time via your desktop or mobile and get the latest horse racing odds today, tomorrow and for future events. 1/4 for 4 places. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for. 76 to get $100 back. If you are satisfied with the calculation and would like to place a real money wager, simply click on the blue "BET NOW" button and select your state from the dropdown menu. Find out about the free bet calculator. For example, a $1 trifecta key with 1 horse over three other horses (3x2x$1) is $6. Treble bet returns calculator - Use this calculator to work out winnings for the more risky treble. Horse racing odds calculator payout. 1. AmWager is a prime choice for tricast betting in the United States. For each-way bets select the tick box on the right of the page if your selection has. From the example, you can see that although your profit isn’t huge, it is guaranteed. The horse handicapping calculator uses factors such as the race. Some of the more sophisticated apps will even calculate Rule 4 and Dead Heat reductions for you. Learn how to calculate betting costs and payouts for all types of horse racing bets including keys, boxes, wheels, and more. The best way to attack either the Exacta or Double would be to wheel a number of horses in multiple combinations for the lowest stated minimum, typically $1. For example, if you select horses #1 and #2 as contenders for the lead and horses #3 and #4 for second place, the calculator will show you that there are a total of four possible combinations. If the minimum wager is $2, then a 3-horse exacta box would be $12 - horses in box x horses in box minus 1 x wager amount. By doing so, the horse racing bet calculator lets the punters focus on placing their wager in a much more efficient manner resulting in more wager. Home; Info; News; PostThe horse you wager on to Win must finish first in order for you collect. A $1 trifecta box with three horses costs $6 while using six horses costs $120. 50, or $121. Betting odds calculators simplify the often complex calculations associated. Using a bet calculator can help you determine your odds and payouts. The online horse betting calculator may present an odds conversion function for punters from the UK who wager outside the UK and need a fractional conversion of the decimal odds used outside the British horse racing and and the other way around. Our dutching calculator was created by Chat GPT, it's simple and quick. 5-1 or 3-2, as it would normally be written,. like bet365 Ch4 4/1 offer and Betfair free bet if your horse wins at SP 3/1+. Total winning horse bets: $42,500. In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to. With fractional odds, the numerator goes in the left-hand box and denominator in the other. For example, if you are placing a money line bet on the Cubs to win. In a KEY wheel, you select one horse to win, and then your choice of x number of horses in the second and third positions. 1/5 for 5, 6 places, etc. High limits. Explaining the need for a horse racing calculator software for the ease of wagering, predicting results and payouts and handicapping horses. Using our bet calculator, you find out that you have a 2. The key to understanding the Pick-3 is in knowing that it involves multiple horses and multiple races. Each week, thousands of horseplayers betting thoroughbred, quarter horse, or Arabians at 140 U. $118. 4) Placing a bet online or on your mobile device. by ocpadmin. USA. Learn to Bet on Horse Racing: Growing Our Game All About Empowering ‘Newbies’. Use this odds calculator for all types of bet, including each way bets. Calculate my bet. S. Trifecta. Select the type of bet, the amount, and the horses you want to include in the. Win Place Show is an online parimutuel betting calculator. This bet improves your chances of winning because 1 or more horses can be chosen to finish in each position. 5 horse will win, the No. Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. Find odds format definitions in our Betting Glossary. Exacta Box. When there are non-runners after final declarations and withdrawn horses have a price of 14/1 or shorter, then this comes into. Using a Horse Betting Calculator It is highly recommended to use a horse racing betting calculator or a horse handicapping calculator if and when engaging horse betting. About this app. 2. For example that pretty gray filly might have been: Del Mar, Race 4, $2 to win on #5. In order to get your total earnings, you multiply $2 by the numerator 7 and. Whether it be free winners, expert insider picks, up-to-the-minute trackside weather reports, or multiple podcasts and livestream videos that provide only the best content for gamblers of all skill levels, never make another wager without visiting the. The tricast bet calculator is the simplest form. The horse racing payout calculator comes in various ways depending on the wager type placed on the horse or horses. This means that if you place $100 on every game in your betting schedule, you’ll end up wagering $250 over the course of the season. your stake. For example, if you choose to bet 1-3, you will win if the horses end 1-3 and 3-1. Here are the steps that you have to follow in order to use our Kelly Criterion Calculator: Add your current betting balance in the cell called “Current Betting Balance”. 3 Select from 3 strategies. Next, select three horses you think could finish first, second, or third. All you. 2. 97, for a stake of $100, you stand to win $597 ( 6. Calculate your parlay/accumulator bets with our parlay odds calculator. EXACTA is the form of pari-mutuel wagering whereby you select in order the first and second place horses in races which offer exacta wagering. We would actually recommend a daily cap of 10%. Check your potential winnings on accumulators, Lucky 15s and all your favourite bets with Paddy Power online bet calculator. Exotic horse racing bets were introduced when bettors became bored with the same old straight win, place, and show wagers. The odds indicate how many times your stake will be multiplied in your total payout. The cost is less than you might think: 2x2x2x2x2x0. Up to 8% Daily Rebates. Other examples: A winning $2 bet on a horse that goes off at 7-2 odds (3. (1. When a horse is priced at 10-1, one can read that as 10/1. See more. Likewise, a $2 trifecta key with one horse over three others (3x2x$2) is $12. One last chance for older dirt horses to claim a marquee victory in 2023 comes Friday in the $600. AmWager – $200 deposit match bonus. If the horse goes off at betting odds of 2-1, the return for each $2. Calculating the cost of trifectas where different selections are made for each place is more difficult which is why it is best to use our calculator. Looking for today’s LOCKS? Get the strongest opinions from elite handicappers on the BEST BETS page. The Lucky 31 bet is like the lucky 15 however this time there is 31 bets across five selections. The lucky 15 is a 4 selection wager consisting of 15 bets: 4 singles, 6 doubles, 4 trebles and a four-fold accumulator. Which horse will win Race 2. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1. The calculations are rather simple. Winning Ponies Exotic Wager Calculator; America’s Best Racing Gambling Calculator; Example 1: Superfecta Part. Fixed Parlay Payout vs. Using a single betting calculator could help horse racing bettors determine the potential wins for all the. Use this free calculator to determine the cost of exotic wagers based on bet type and amount. The standard wagers are win, place and show bets. 50) and your total potential. Your horses must win four consecutive races; chance for a big score for a modest amount. Exacta Box. Check out our free horse racing picks and betting tips from experienced horse racing handicappers from tracks across the country. Author: AceOdds. Just enter your total stake and then enter the odds of your selections separated by commas and press the button. 50-$1,200+ Superfecta: Bet on 4 horses finishing top 4 places in exact order: $0. This simply means that it involves multiple horses in a single race. (CDI) CEO Bill Carstanjen, fixed-odds horse race betting just isn’t really that good for horse racing. To calculate the payment per dollar (or decimal odds), divide $85,000 by $42,500, which is $2. To win a payout with a Pick 3 wager, the bettor must accurately predict all three race winners: Which horse will win Race 1. If you look at the market for a major European horse race and the favorite is priced at 3. 97 x $100 minus your initial $100 stake). Then, just for good measure, you can bet in a way that suits you. Use our bet calculator for: singles, each way's, doubles, trebles, accumulators, lucky 15's and more. Calculate how much to bet on horse racing with this easy-to-use tool. Bet Type Date Pool; Woodbine WO Pick 6 Jackpot 11/23/2023 $101,111. When you bet on the pentafecta or Super High Five you can spend as little as $0. It’s done by assigning points, both negative and positive, to every feature presented by the horse. 4 to place second, horse No. Pick 5/6 wagers: These wagers revolve around sport bettors selecting the winner of more than one race at a certain track during the day. 00 profit on a $2. 2-teams or 3-team parlay have no difference since the odds are on par with the payout of these wagers. $150 Deposit Bonus AmWager Promo Code: BUSA150 Get Bonus. Close: To get started, simply select your bet type at and follow the steps. TwinSpires will refund your first win bet up to $25, if your horse doesn’t finish first. Horse racing calculator helps you calculate and asses your stakes and wins. The horse must win the race in order for you to win the wager. The horse racing calculator at Horse Hats lets users choose the type of exotic wager, the amount of horses picks, possible bet combination and the amount of. You will often see the same odds in every race, and the minimum standard bet is usually $2. That means you can log in to Paddy Power at any time via your desktop or mobile and get the latest horse racing odds today, tomorrow and for future events. 4 for 24 combinations of horse number 4,1,7,5 for the Boxed 10-Cent Superfecta. Assume a punter lays a £2 wager on a Trifecta wheel, picking horse number 7 as first and horses number 6 and 5 for the second and third. The daily double horse racing bet involves picking the winners of two consecutive races. Select the race number of the Kentucky Derby (usually the second to last race on the card) Select your horse. However, calculating the payout of this sports bet will not provide the odds of your wager. Pick the one that appeals to you and play that bet: The more. In order to calculate the returns using the bet calculator, enter the odds of your four selections, if they won, lost or placed and then divide your stake by 15 to enter in the stake box to calculate your returns. This means that if you place $100 on every game in your betting schedule, you’ll end up wagering $250 over the course of the season. There is a dutching horse racing calculator which is designed to handle spread betting calculations, an each way horse racing calculator designed to handle e/w bets where the bettor two different bets on a horse to either win or place in one single bet and an arbitrage horse racing calculator designed to handle calculations in bets which take. (+400/100) + 1 = 5. This applies to sports betting, horse racing, casino bet types, and other forms of wagers. High limits. You will get the payout for a certain number of legs from the parlay calculator. One factor to consider when using a horse bet calculator online is the rule 4 deduction. To calculate odds: $85,000/$42,500 - $1 = $1. Up To $250 Back In Bonus Bets. If your runner comes in first place you win all three prices (win, place and show). 00. A Large Selection of Domestic and International Race Tracks. Author: AceOdds. Call 1-800-Gambler. For example, you could emphasize one horse over the others. With over 8 years of industry experience, our excellence-driven solutions have helped numerous new and existing businesses achieve the highest yields. Sports bettors especially might get confused. Bet365 Acca Bonus. Total Bets: 2 x 2 x 1 x 3 x 2 x 1 = 24 lines. It means you can play the offer without loss, however, you will lose to the betting exchange when the selection wins. 97%). Step 1: Enter your odds. If you bet on both the teams, you are actually risking $104. 00, or one-to-one odds. No other horse betting system has WinningPonies e-Intelligence. 00. Depending on the bet amount entered, the total price of the ticket is determined and displayed in the “Cost” field. Horse racing enthusiasts could be one of these groups, with this betting market also being one of the most popular. How do you calculate. 00 bet. Trifecta: A bet on three horses to take 1 st, 2 nd, and 3 rd place in that order. By doing so, the horse racing bet calculator lets the punters focus on placing their wager in a much more efficient manner resulting in more wager. The daily double horse racing bet involves picking the winners of two consecutive races. For example, if the odds are 1. 2 which means there is a 20% chance of the outcome happening. When you bet on the pentafecta or Super High Five you can spend as little as $0. com Horse racing calculator helps you calculate and asses your stakes and wins. E. In the 3rd dropdown menu that appeared, select either ' straight ' bet or. If you look at the market for a major European horse race and the favorite is priced at 3. Online Pick Five bets have the same minimum stake as betting Pick 5s at the track. If you want to place a traditional bet in the United States, you will come across win, place, show. 10. The potential reward for winning a pentafecta. 00, but many tracks now offer $1. Each selection must win its race. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. The Pick 4 sequence in our example includes races 4,5,6, and 7. BetAmerica online Sportsbook & Advanced Deposit Race Wagering features online betting action and a wide selection of bet types to choose from! Futures, Spreads, Straight Bets, Parlays, Exotics, Multi-Leg and more on the sports you play - Football, Basketball, Soccer, MMA, Thoroughbred Horse Racing, Greyhound Racing, and Quarter Horse. Leg 5: 2 selections. In most betting destinations, you will notice that a straight superfecta is usually $2. $200 Deposit Bonus TwinSpires Offer Code: BET200 Get Bonus. 3% (43/1000) In your example the profit was $30 the amount bet $2 so the roi is as you stated. The bet is usually a $2 minimum. You can bet as much as you want on any race. How To Use A Horse Racing Bet Calculator. For example, two horses in each race would be 2 x 2 x 2 x 2 x 2 x 2 = 64 possible combinations = $64 if a $1 Pick Six = $128 if a $2 Pick Six. To work through all that racing you need a tool. Before the horses get to the gate you can enter the win, place and show pools to calculate your suggested bets; but, remember to bet responsibly! The horse you wager on to Win must finish first in order for you collect. Lucky 31 Calculator. If your horse finished in places 2nd. A horse racing calculator can reveal the potency of an exotic wager in terms of how many stakes were raised and does the earnings compensate on that. By entering the odds of your selected horses, the tricast bet calculator computes an estimation of the potential return on your wager. 2M2P Horse Racing Wager/Bet Calculator. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. Another strategy is to play a smaller horizontal wager. An easy way to calculate the cost of a basic trifecta key is to multiply the number of additional horses times itself minus one, then multiply that by the base wager amount. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Let’s say you’re using two horses in each leg of a 50-cent Pick 5. EXACTA BOX. Place – Choose one horse, but this time the horse needs to finish first or second for you to win. For example, a daily double on horses 7-2 would only pay if #7 wins the first race and #2 wins the second race. ET. This gives both outcomes a win probability of 52. Horse racing apps also allow you to bet on international horse racing events. Start Over Choose the wager amount and wager type. Racing Matcher. At most horse racing venues this is $2 for a straight wager. $1 Trifecta Key Costs: To figure the cost of a Trifecta Key, use this simple equation: $ x Number of horses x number of. 55. The 148th running of the Preakness Stakes takes place this Saturday, May 20 at. Along with big meets like the Grand National, there’s a whole host of smaller races taking place daily. In Canada and the US, "Round Robin" refers to a different type of bet. Dutching, also known as a dutch bet, is a betting method and/or strategy used to spread your stake across multiple selections. An Across the Board bet costs 3x the amount wagered. You use a matched betting calculator to work out how much to lay for profit. 10. TwinSpires – $200 deposit match. The Superfecta Wheel bet is picking sets of horses to finish in first, second, third, and fourth position. In these wagers, you place horse bet on the results or places of horses over one race. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1. A horse racing calculator can reveal the potency of an exotic wager in terms of how many stakes were raised and does the earnings compensate on that. 1. 15. A horse racing betting calculator ( horse bet calculator ) is an online tool that is used to calculate the cost of large and complex horse racing bets like the superfecta, pentafecta, Yankee, Goliath, and more. An odds calculator is a horse betting calculator with designated functions designed to handle odds conversion, calculation and payout estimation. For box First four bets, you multiply the number of selections for 1st place, 2nd place (minus 1), 3rd place (minus 2) and fourth place (minus 3). AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. 5 horse will win, the No. 1) To train a young horse to wear a harness. Maybe you’re certain Horse #1 will finish in the top three, but you’re not sure whether to combine him with #5 or #7 in the. - Place a £/€5 Bet on the Sportsbook. From the bookie’s perspective, they are taking in $104. Bet only what you can afford to lose. Before the horses get to the gate you can enter the win, place and show pools to calculate your suggested bets; but, remember to bet responsibly! WinPlcShw Wager: Parimutuel Betting Calculator. However, if you lose $100 on every single game, you’ll end up wagering $250 as well. Here, we will walk you through the process step by step. 00 you wager, you'll win $3. Let’s look at how to calculate the costs of a Trifecta Bet. 33%. Selection. Others might be willing to risk more or less. 00 Woodbine WO. Leg 6: 1 selection. This can take place during one race or over a span of multiple races. Pick 4: This is essentially the same as a pick three bet except that players pick four winners in sequential races. Your $2 bet will return a total of $4. For example, if you’re playing roulette, bet $10 on red, and lose, you’d bet $20 on the next spin to recoup the. The Fair Payoff for an Exacta equals the size of the bet, such as a $2 Exacta, multiplied by the (win horse's odds-to-1) multiplied by theThe Lucky 15 Bet Calculator allows you to calculate the stake, return and profit for Lucky 15s, permed from up to 20 selections if required,. Odds Format:You can key a horse in a Trifecta or Superfecta wager instead of boxing to save money. Since the exacta requires you to select the first and second horses in their exact order of finish, this three horse box example would involve six combinations: 4-5, 4-6, 5-4, 5-6, 6-4 and 6-5. C. To calculate the combination on a trifecta, just multiply the number of horses to be boxed by the next lowest number multiplied by the next lowest number. The Pick 6 is a simple bet in practice. For some, the latest horse racing news is concentrated into just a few events per year when the mainstream hype of the Kentucky Derby and the other Triple Crown races dominates headlines in May and June. "Pandy," has been writing about harness and thoroughbred racing and handicapping for over 40 years. When you consider that most races have a field of 8-10 horses, this can be. Charles Town Free Picks. Learn more. Wager amounts start at $2 and $50; Emphasis Strategy: You can select to emphasis trainer, jockey and the horse's pedigree and Smart Pick will factor you suggested wager with. The initial purchase price is often a drop in the bucket compared to the everyday costs of caring for a horse. Once signed up and ready to bet, the easiest way to begin tracking your bets is to download an existing Excel spreadsheet. Show: bet on a show, and your horse needs to finish in the top 3 positions. This should include both your original stake and the profit you stand to make if your choices are successful. To convert positive odds to a decimal, divide the odds by 100 and then add 1. This is a reduction made to the potential payout if one or more horses are withdrawn from a race after the bet has been placed. In order to calculate the costs of laying a Trifecta wager, a punter must use the Trifecta calculator, either manually or by a computerized Trifecta calculator. Pari-mutuel. 00. Pick 3. your stake. Below is a two-step guide that explains how to use our betting odds calculator for the first time. In a trifecta wager, you must bet on who the top three finishers will be and. . Some simple examples… A $2 exacta of two horses over 4 horses: 2 (two horses on top) x 4 (two horses on bottom) x 2 (cost of wager) = $16 Bet on two horses finishing 1st & 2nd in exact order. Find. 1. Churchill Down Inc. Assume a punter lays a £2 wager on a Trifecta wheel, picking horse number 7 as first and horses number 6 and 5 for the second and third. In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to. Presume a Superfecta Part Wheel wager of: {A} with {B} with {C} with {D} Where {A} is the number of horses in the 1st position, {B} is the number of horses in the 2nd position, {C} is the number of horses in the 3rd position, {D} is the number of horses in the 4th position. The horse cost calculator below will help you. EXACTA is the form of pari-mutuel wagering whereby you select in order the first and second place horses in races which offer exacta wagering. From specific predictions such as outrights, accumulators and exact as to flexible wagers like each-ways, you can make picks. 00, but many tracks now offer $1. This removes much of the legwork needed to create your tabs and. For example: A $100 bet at 1. Fields. These vary by bookmaker, but it is common to receive a 10% bonus on your return if all selections win, and if only one. The Superfecta is one of the most difficult bets in all of horse racing. It’s designed for standard tricast bets, where you predict the exact order of the first three horses. This wager requires 2 winners to guarantee a return. Odds percentage table: converting odds into percentagesOdds payout chart racing horse payouts bet bets betting races wager gambling use parlay exotic plan using these Odds converter bettingOdds betting probabilities. How to Use Our Betting Odds Calculator. Across the board – A bet on a horse to win, place, and show. Horses 1, 2 are your first key. Our betting odds calculator can show you your expected payout based on your bet amount and odds, as well as what your odds are in other formats and your implied probability of winning. November 18, 2023.