What is a Daily Double Horse bet?

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.

What has a Daily Double?

Two 100% beef patties, season to perfection, and melty American cheese topped off with shredded lettuce, slivered onions, mayo and one juicy slice of tomato.

Why is it called a Daily Double?

The daily double was the first so-called “exotic” wager offered by North American racetracks. Introduced in 1931 at Ottawa’s Connaught Park Racetrack, the wager was typically offered only for the first two races of each day’s program as an enticement for spectators to arrive early for the entire program.

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 much can you wager on a Daily Double?

Before the clue is revealed, the contestant who has selected the Daily Double must declare a wager, from a minimum of $5 to a maximum of his or her entire score (known as a “true Daily Double”) or the highest clue value available in the round, whichever is greater.

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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

  1. 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)
  2. You take that number and divide it by the second number of the odds ratio.
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