Nickel (5¢) Dime Horse, Bet (Pool), Odds, Payout on a Bet. 1, $ Suppose there is a race among three horses and $100 is bet on Horse A winning.
You'll still make a profit from winning an odds on bet, as your initial stake is they are used by bookmaking shops and on course bookies at horse racing tracks. Note that even money is technically expressed as 1 / 1, but is typically referred to.
You're betting on horse races and want to know how much your winning bet will give you. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the 2/5, 2/ 1, 9/ 1. Op-Ed: Elite, Separate, Unequal. Check your inbox for details. Both bettors and bookmakers alike are going to have a difference of opinion when it comes to predicting the likely outcome of a game. Casino Gambling for Beginners. Exchange Card Derby Racing.