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Horse racing wager calculator
Horse racing wager calculator









horse racing wager calculator

Return = ((1 - (expected number of winners / number of actual winners) * original odds) / (original odds - 1)) * original liabilityįor instance if a user placed a sell order on the same event for £20 at odds of 4.0, their return would be calculated as follows: Profit/loss = return - backer’s stake = £6.67 Return = (Backer’s stake * (number of expected winners/number of actual winners)) * original odds.įor instance, if the user placed a for order of £20 on a horse at odds of 4.0 which then finished first in a dead heat with two other runners, their bet would be divided as follows: 'For' bets are decided using this equation: The formula for this, along with relevant examples, are given below: The dead heat calculator will then show your your profit or loss from the bet.ħ.1 A dead heat is defined as an event in which there are two or more joint winning contracts.ħ.2 In the case of a dead heat, the winnings made and losses incurred by users are split according to the number of competitors.Enter the number of places that are shared by the tied selections.

horse racing wager calculator

Enter the number of selections that have tied for the dead heat place.Select either back or lay depending on what your bet on the market was.This dead heat calculator works out your return is in instances where your bet has been subjected to our dead heat rules.











Horse racing wager calculator