Going About the Payout
The most important thing about horse racing betting is the payouts, for at the end of the day its not enough to pick the right horse, but also wager on the right horse, meaning that a punter realizes when a horse is short priced or shows a decent price as a favorite and places a wager on that horse in order to collect bigger payouts. Many punters use a horse racing payout calculator so that they can keep good track of their stakes and possible payouts. This use of a horse betting calculator has improved the way punters approach horse racing betting.

These odds are most used for betting on horse racing in the UK. They represent the proportion you win based on your stake. So, let’s visit the Pats-Falcons game one more time. If the Patriots have 5/3 odds to win, that means you get $5 for every $3 you bet. To calculate fractional odds yourself, use the below equation. At the very bottom of the page you’ll find a calculator that you can use to see what your payout would be on any amount for a parlay of up to six teams (note that the odds used for the calculator are “typical” and not adjusted for the 5Dimes Friday Special). Typical Parlay Odds. 2 Team Parlay: 13-5 odds. 3 Team Parlay: 6-1. You backed Tiger Roll to win the Grand National, you placed a £5 each way bet at odds of 10/1. That means a total stake of £10, £5 on the win and £5 on the place. The bookie is paying 6 places and the terms are 1/5. This means if the horse comes in positions 2-6 you will win the place part at one fifth of the odds of the bet. A parlay bet is a single wager that requires two or more outcomes to all win. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for.

10 1 Odds Payout Calculator Express Entry

Horse Racing Payout Calculator
Since nowadays many punters wager on more than horse and more than one race, the need for a calculation process that would concentrate all the wager and output the costs and payout figures has risen dramatically and created the need for a horse racing calculator to that just that and calculate the payout. The horse racing payout calculator comes in various ways depending on the wager type placed on the horse or horses. In the case of straight wagers, the horse racing payout calculator simply takes the odds, presented in decimal or fraction, and uses it together with the stakes laid on the wager to calculate the payout. 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 calculate the payout until the payout is due to happen once the races are over. However, an estimation on the pool sum can be made by the horse racing payout calculator in order to give the punter a slight clue on the payout.

Calculate Onwards
There is one approach in horse racing betting that has benefited from the development of today’s horse racing payout calculator and it’s referred to as let it ride. Let it ride means keep rolling the winning money onto other horse wagers in an attempt to strengthen the bankroll. This approach is very difficult to handle if not using a proper horse racing payout calculator. The horse racing payout calculator aids the punter with making decision by simplifying and clarifying all the possible scenarios in the let it ride scheme. The use of the horse racing payout calculator has contributed significantly to the variety of wager placing and different wager approaches by automating the calculation process thus making life a lot easier for the punters.

Odds Calculator And Payout American Odds

The Trifecta or Tricast is a wager laid in horse racing meant to pick the first, second, and third in the exact order they’ve finished the race. The Trifecta is one of the most popular exotic wager available in horse racing and so the use of a trifecta calculator, which is a horse racing calculator, is very common among punters.

The Trifecta wager is available in three different variations:
Straight Trifecta, the most common type of Trifecta in which the punter must pick 3 horses and the order in which these 3 horses will line up at the finish line. Have on horse misplaced and the wager is lost. For example, a punter fancies horse 2 and thinks 5 can go about finishing second and 7 is possible for finishing third. The punter registers the selection in the following manner, 2, 5, 7 and lays a wager on the selection. Each additional horse is an additional combination costing the original wager.
Trifecta box, a wager in which three horses or more are picked and the wager covers all possible combinations of these horses’ lining up at the finish line. The more horses added to the selections, the more combinations become possible and the stakes are raised.
Trifecta wheel, a wager in which one horse is picked for the win and two others are picked for two possible outcomes where each of them must finish third or second respectively. Again, the more horses introduced as selections, the more combinations costing money.

Wagering a Trifecta is something that should be practiced by experienced handicappers only, and the use of a horse racing calculator in the form of a Trifecta calculator is highly recommended in order to keep track of the combinations and their price, so that no undesired combination is made and no payouts below the stakes becomes possible. Trifecta payouts can turn out pretty nice but only in cases where no favorites lined up, so laying a Trifecta is recommended only when the punter notices an overpriced horse or when there are no clear favorites. Payouts increase significantly when the race has 8 runners or more and decrease significantly when the number of runners is below 8 down to 6.

11 To 1 Odds Payout

Trifecta Calculator
The Trifecta calculator is a type of a horse betting calculator. In order to calculate the costs of laying a Trifecta wager, a punter must use the Trifecta calculator, either manually or by a computerized Trifecta calculator. The calculations are rather simple. Assume a punter lays a £2 wager on a Trifecta wheel, picking horse number 7 as first and horses number 6 and 5 for the second and third. When adding combinations, regardless of the Trifecta type, the original price is multiplied by the number of combinations chosen by the punter. The payout calculation is the ratio between the Trifecta pool and the amount of money placed on the winning combination, so if there is £100000 in the Trifecta pool and £2000 wager on the winning combination, the £1 payoff will be £50.