- December 21, 2019
- Posted by: Web Admin
- Category: Uncategorized
Understanding Horse Racing Win Bets
A win bet or Win bet is the easiest bet you can create in racing: just pick the horse you think will cross the finishing line first.
If your horse wins: you win. If your horse doesn’t win: you don’t win.
What is the minimum bet for a Win bet?
The minimum bet for a win wager is $2. Some monitors have experimented using a $1 or even $.50 option, but it’s yet to become popular.
Win wagers made online have the same minimal as gambling Win wagers at the monitor.
How do I know what I win?
The pari-mutuel chances you see displayed on the toteboard in the track or online show the likelihood of a horse’s chances of winning depending on the monies bet into every wager’s pool based on a $2 win stake.How much could I win a Win bet?
Winnings are infinite and dependent on the odds when the pools close at post time. Payoffs are calculated from the entire pool the track’s takeout, then split among all the winning tickets. Lets consider a current race as an example: Had you correctly expected the #6 horse Champagne Room to take 1st place at the 2016 Breeders’ Cup Fillies Juvenile Stakes….
…the minimum $2 wager could have afforded the greater $69.20. Therefore, a right bet generated an approximate 33-1 payout for each winner. All win bets put on other horses generated no payouts over the wager.
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