Newbee here, Got a Bet Question

Wildhorsey · 06-07-2008, 04:06 AM

I understand the ranking and odds, but lets say u put $50 down on 1 horse to win and he does, do u keep your initial $50 plus your winnings or does the $50 go toward the buying of the bet? Also, say if Big Brown wins and I make a bet for him to win and I make a bet for him to win, place, or show, do I make the most money off of the "WIN" bet or does it not matter? .If you don't want to place a WIN bet,...Is there a more strategical bet than "Win, Place, Show"? Thx

fbwinners · 06-07-2008, 04:20 AM

At this moment if you would wager $50 win and he won you would bet back your $50 plus a additional $10 for a total of $60 making you only really clear $10 profit. This race is really not a race to make a win wager on Big Brown, they only reason to make a win bet on him is to get a souvenier ticket and don't cash it.

FB

Wildhorsey · 06-07-2008, 04:53 AM

So, what is your stratigical bet suggestion?? "Win, Place, Show?" or oneof those exotic bets?

Wildhorsey · 06-07-2008, 05:39 AM

Quote:

Originally Posted by Wildhorsey

So, what is your stratigical bet suggestion?? "Win, Place, Show?" or oneof those exotic bets?

Someone please spell out the math 4 me. Big brown to win, Bet is $50.

Duckgawd · 06-07-2008, 05:58 AM

Horse Racing payouts are all based on "pools" which is all the money wagered on each particular wager, I.E. Win Pool - Place Pool - Show Pool, the track will take out thier % and then divide the winnings by all winning tickets.

Currently Big Brown is 1-5 (You win $1 for every $5 you Bet) So if you bet $50 and he wins, when you return to the window to cash your ticket you will get back $60.

If he was 2-1 ( You get $2 for every $1 you bet, So if you were to bet $50 at these odds, and you won, you would go cash a ticket for $150

So you do get your money back if you win when you cash your ticket..... If that helps

Wildhorsey · 06-07-2008, 07:01 AM

Quote:

Originally Posted by Duckgawd

Horse Racing payouts are all based on "pools" which is all the money wagered on each particular wager, I.E. Win Pool - Place Pool - Show Pool, the track will take out thier % and then divide the winnings by all winning tickets.

Currently Big Brown is 1-5 (You win $1 for every $5 you Bet) So if you bet $50 and he wins, when you return to the window to cash your ticket you will get back $60.

If he was 2-1 ( You get $2 for every $1 you bet, So if you were to bet $50 at these odds, and you won, you would go cash a ticket for $150

So you do get your money back if you win when you cash your ticket..... If that helps

Yes, thanks!, never been explained to me that way before....believe it or not. In the past someone gave me a serious math problem to figure my winnings. LOL!

Wildhorsey · 06-07-2008, 07:09 AM

So basicly when a horse is deamed the favorite to win you don't make much money but u can loose a lot if he looses? dugh?

Wildhorsey · 06-07-2008, 07:10 AM

What's the use in risking $50 to make $10 more or losing all $50!

06-07-2008, 07:36 AM

you really need to bet on a good horse to come in second in this one , like tale of ekati. or #9 readys echo.

Duckgawd · 06-07-2008, 08:54 AM

Well, I wonder the same thing! Why bet so much to win so little, but the answer is, if it is a "sure" thing then it is a quick 20% or 30% return on your money in the matter of 2:30 Minutes! That why you see what we call "Bridge Jumpers" Which are those who bet $10,000+ to show on a horse (Come in 1st, 2nd or 3rd - but only get the show money if he wins) Because no matter what a track has to pay atleast $2.10 on a $2 wager, so it is 5% return and they feel its worth it!!!!

You see it more often then not, that it isnt woth it, Take for example harlem rocker up at woodbine last saturday went off at 1/5 and had a HUGE show pool on him, and he came in 4th, if you wagered $2 to Show on every horse except harlem Rocker, you got $51 for a $12 ticket! which is good for SHOW wager!

But like i said and try to stress to new horse players is that everything is paid out on the pool basis, and some times its better to bet the show or place pool, example was BIg Brown in the preakness, he paid an extra 20 cents to place then he did to win, and the show wager paid the same as the win wager! Wierd huh! But those are the pools, so if you can watch the pools and see that there is less on Big Brown to Place well try him to place because it might pay more!

alcoach · 06-08-2008, 05:55 AM

bottom line wager $50.00 buck on big brown and your down $50.00 bucks you probably could of gone out to a nice restruant or buy something for your home at home depot

06-07-2008, 04:06 AM	#1
Wildhorsey Member Join Date: May 2008 Posts: 35 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	Newbee here, Got a Bet Question I understand the ranking and odds, but lets say u put $50 down on 1 horse to win and he does, do u keep your initial $50 plus your winnings or does the $50 go toward the buying of the bet? Also, say if Big Brown wins and I make a bet for him to win and I make a bet for him to win, place, or show, do I make the most money off of the "WIN" bet or does it not matter? .If you don't want to place a WIN bet,...Is there a more strategical bet than "Win, Place, Show"? Thx

06-07-2008, 07:09 AM	#7
Wildhorsey Member Join Date: May 2008 Posts: 35 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	Hot Horse So basicly when a horse is deamed the favorite to win you don't make much money but u can loose a lot if he looses? dugh?

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06-07-2008, 04:20 AM	#2
fbwinners Senior Member Join Date: Jul 2007 Posts: 2,865 Thanks: 106 Thanked 225 Times in 157 Posts Rep Power: 10	At this moment if you would wager $50 win and he won you would bet back your $50 plus a additional $10 for a total of $60 making you only really clear $10 profit. This race is really not a race to make a win wager on Big Brown, they only reason to make a win bet on him is to get a souvenier ticket and don't cash it. FB

06-07-2008, 04:53 AM	#3
Wildhorsey Member Join Date: May 2008 Posts: 35 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	So, what is your stratigical bet suggestion?? "Win, Place, Show?" or oneof those exotic bets?

06-07-2008, 05:58 AM	#5
Duckgawd Senior Member Join Date: Jul 2007 Location: Buffalo, NY Posts: 335 Thanks: 1 Thanked 4 Times in 4 Posts Rep Power: 5	Horse Racing payouts are all based on "pools" which is all the money wagered on each particular wager, I.E. Win Pool - Place Pool - Show Pool, the track will take out thier % and then divide the winnings by all winning tickets. Currently Big Brown is 1-5 (You win $1 for every $5 you Bet) So if you bet $50 and he wins, when you return to the window to cash your ticket you will get back $60. If he was 2-1 ( You get $2 for every $1 you bet, So if you were to bet $50 at these odds, and you won, you would go cash a ticket for $150 So you do get your money back if you win when you cash your ticket..... If that helps

06-07-2008, 07:10 AM	#8
Wildhorsey Member Join Date: May 2008 Posts: 35 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	What's the use in risking $50 to make $10 more or losing all $50!

06-07-2008, 07:36 AM	#9
richard61 Guest Posts: n/a	you really need to bet on a good horse to come in second in this one , like tale of ekati. or #9 readys echo.

06-07-2008, 08:54 AM	#10
Duckgawd Senior Member Join Date: Jul 2007 Location: Buffalo, NY Posts: 335 Thanks: 1 Thanked 4 Times in 4 Posts Rep Power: 5	Well, I wonder the same thing! Why bet so much to win so little, but the answer is, if it is a "sure" thing then it is a quick 20% or 30% return on your money in the matter of 2:30 Minutes! That why you see what we call "Bridge Jumpers" Which are those who bet $10,000+ to show on a horse (Come in 1st, 2nd or 3rd - but only get the show money if he wins) Because no matter what a track has to pay atleast $2.10 on a $2 wager, so it is 5% return and they feel its worth it!!!! You see it more often then not, that it isnt woth it, Take for example harlem rocker up at woodbine last saturday went off at 1/5 and had a HUGE show pool on him, and he came in 4th, if you wagered $2 to Show on every horse except harlem Rocker, you got $51 for a $12 ticket! which is good for SHOW wager! But like i said and try to stress to new horse players is that everything is paid out on the pool basis, and some times its better to bet the show or place pool, example was BIg Brown in the preakness, he paid an extra 20 cents to place then he did to win, and the show wager paid the same as the win wager! Wierd huh! But those are the pools, so if you can watch the pools and see that there is less on Big Brown to Place well try him to place because it might pay more!

06-08-2008, 05:55 AM	#11
alcoach Junior Member Join Date: May 2008 Posts: 29 Thanks: 0 Thanked 5 Times in 1 Post Rep Power: 0	bottom line wager $50.00 buck on big brown and your down $50.00 bucks you probably could of gone out to a nice restruant or buy something for your home at home depot