Betting
How Much You Win
Wagering on horse races is "pari-mutuel." This means that you bet against
the other players, not against the racetrack. Horses which attract the
most betting support will have the lowest "odds" and return the smallest
payoff. The odds on each horse will change, of course, as the betting goes
on.
For the convenience of bettors, the current odds for Win bets are displayed
on the infield tote board and on television monitors throughout the track.
Here are three examples of Win odds:
Odds |
Explanation |
4-1 |
Spoken as "4 to 1." A $2 Win bet will return $10, giving you a profit
of $4 for every $1 of your bet. |
5-2 |
Spoken as "5 to 2." At these odds, a $2 Win bet will return $7, giving
you a profit of $5. |
8-5 |
Spoken as "8 to 5." A $5 Win bet will return $13, giving you a profit
of $8. (A $2 bet will return about $5.20) |
Table of Approximate Odds
Odds |
Pays |
Odds |
Pays |
Odds |
Pays |
1-9 |
$2.10 |
9-2 |
$11.00 |
3-1 |
$8.00 |
1-1 |
$4.00 |
2-5 |
$2.80 |
6-1 |
$14.00 |
9-5 |
$5.60 |
7-5 |
$4.80 |
4-5 |
$3.60 |
4-1 |
$10.00 |
5-2 |
$7.00 |
8-5 |
$5.20 |
1-5 |
$2.40 |
5-1 |
$12.00 |
7-2 |
$9.00 |
6-5 |
$4.40 |
3-5 |
$3.20 |
8-1 |
$18.00 |
2-1 |
$6.00 |
3-2 |
$5.00 |
|
|
|
In addition to Win Prices, potential payoff prices for winning combinations
of horses in feature bets (Quinella, Exactor, etc.) are also shown on the
tote board and video monitors.
Is it really possible to make money playing the harness racing game?
Of course! About 80% of the money wagered is paid out to winning bettors,
so you have a good chance of showing a profit on any given day at the races.
Enjoy the challenge of picking winners, bet sensibly and you'll get good
value for your money!
We're here to help! Understanding the odds and other betting information
may take a little time and practice. Don't hesitate to ask Fraser Downs
staff members whenever you need assistance.
|