This horse racing payout calculator usually holds a fraction converter for converting odds. Another type of horse racing payout calculator is the exotic wager horse racing payout calculator. This one is a bit tricky since the exotic payouts such as Trifecta or Superfecta derive from a separate wagering pool so there isn’t a way to know or Exacta (also known as Perfecta) Calculator. An exacta, also known as a perfecta at some horse racing tracks, means you must select the first two finishers in exact, or perfect order. By playing an exacta part wheel, you increase your chance of winning while also increasing your cost. Play the wheel or part wheel if the horse you have on top is Exacta "Fair-Pay" Chart (includes a 10% overlay amount added in) For exactas over $600 - you'll likely be paying immediate "signer" taxes, so you'd better make sure they are far higher than fair pay. Betting Calculator. Before making any bet, it helps to know what you're risking for the expected payout. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. See what your total payout and winnings will be. Betting Calculator Parlay Calculator Bet Slip. Expected Winnings $ 0.00; Expected Payout $ 0.00; Create Wager . Bet Amount. American Gambling Calculator The Sport; Lifestyle; Gambling; Triple Crown; Videos; Learn; Calculator Instructions Making a bet can be confusing. Let us help! Follow these simple steps to figure out how much to bet. Select a bet amount in the left column. Select a bet type in the right column. Select the horses to include in the wager. The total cost of the ticket will appear next to the words Ticket For example, if five horse are selected in a box exacta, the cost of a full $1 unit is 5 x (5-1) = 20 . Straight exactas can be more difficult to calculate, especially if the selections vary for first and second place. It’s always best to use an exacta calculator to ensure you know the cost of the bet. Flexi exacta Here is how to read this formula. 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 the Exacta Bet Calculator. Playing an Exacta increases your chances of winning, while also increasing your cost of playing. To calculate the cost of an Exacta Bet, multiply the number of horses used on top, or the win position, of the exacta with the number of horses used in the second position (less one if the same number is used on top in the exacta). $2 Exacta Costs. Basic Exacta 2 & 6: $2 (one calculating a fair exacta payout; my art; the probability of a horse winning is (1/(odds+1))/ the races total book percentage . the total book percentage for a track with a 15% take out sums to about 1.18 . the probability of any horse winning is (1/(odds+1))/1.18. tag the win horses win probability with "a" tag the place horse win probability with "b" exacta probability probability for a/b is Exacta combinations including horses at odds lower than that are almost always under-laid and pay off less than fair. These payouts should be considered the minimum acceptable. Some players require far more – up to double the “fair” payout (so 90% more than the prices given below). You might want to consider holding out for a 50% overlay
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