The odds for a double bet are worked out by taking the odds of each single bet and then multiplying those to create your double bet odds. The other way to work out double bet odds is that the money won from your first bet would be put as a stake on the second selection. See below for a double bet example.
How do you double a bet?
The second way is that a point is added to each of the two odds and then multiplied to create new odds for the two selections. For example, if the odds were 8/1 and 9/1, a double bet would increase them to 9/1 and 10/1, leading to a double bet odds of 89/1 (9 multiplied by 10 is 90 and 89+1=90).
How does a Daily Double bet work?
The Daily Double is a bet where you try to predict the winner of two consecutive races. The standard wager amount is $1, but there are some tracks that have a $2 minimum wager for this bet. This was the first type of multi-race wager offered by tracks and is offered by almost any horse track in North America.
How do you place an each way double bet?
Generally, an Each Way Double bet entails picking two selections in two different races, and then backing Each Way such that they both amount to two separate double bets as follows: a Win Double and a Place Double.
What is a Lucky 15 bet?
A Lucky 15 consists of 15 bets of equal value on selections in four separate events: four singles, six doubles, four trebles and one four-fold accumulator. … The doubles, trebles and four-fold ensure that with each additional winner your returns can jump significantly as the various multiple bets come into play.
What is McDonald’s Daily Double?
The Daily Double takes a McDouble, loses the mustard, ketchup and pickle and replaces them with shredded lettuce, a slice of tomato and a splash of mayo. This rebranding will cost you $1. At least you’re getting a new twist on things for your extra buck at McDonald’s.
How do you bet the top 3 horses?
If your horse finishes 1st, you win all three bets. If your horse finishes 2nd, you win on the Place and Show bets. If your horse finishes 3rd, you win on the Show bet.
How much is a Daily Double bet?
In most cases for Daily Double and Pick 3 wagering, the minimum bet on a Daily Double in US horse racing is $2. You can bet more than that, which will raise your potential payback should you win. All Daily Double wagers must be in before the first race involved (also known as the first “leg” or “half” of the double).
How are odds payout calculated?
To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.
How is bet payout calculated?
Calculating the Payouts for the Win Place Show Bets
- From that odds ratio, you take the first number and multiply it by 2 (remember, if the odds is a whole number, place that over a 1 – for example, 7 would be 7/1)
- You take that number and divide it by the second number of the odds ratio.