Originated From
AOL Search

# If a horse wins a race and the odds were 3-1 and ...

if a horse wins a race and the odds were 3-1 and the horse payed \$4.00 how much money will a person win if that person placed a \$100.00 bet on that horse?

Order by

\$300.00 i think at 3-1 \$100 bet

First of all if the horse was 3-1 it would have paid S8.00. However if you bet \$100 on a horse that pays \$4.00,which is even money, you will recieve \$200.

If you placed \$100.00 on a horse to win at odds of 3-1 and the horse wins you'll get a return of \$400.00 of which \$300.00 is profit and \$100.00 is your original stake.

There's a number of online calculators you can use to work this out, like this: betting calculator

If you find out let me know.

3-1 odds pay \$8.00 for a \$2 bet figured this way - \$2 bet times odds of 3 to 1 is \$6 plus original bet of \$2 = \$8 (\$2X3+\$2=\$8). Hence \$100 bet times 3 = \$300 plus original bet of \$100 = \$400 gross payoff. To obtain 'profit' amount subtract \$100 original bet from \$400 gross amount received to arrive at \$300. Shortcut for profit is muliply odds times amount bet (3 X \$100 = \$300). Shortcut for gross amount to receive is bet amount (\$100) times payoff for \$2 bet (\$8) divided by 2 (because \$8 payoff is based on a \$2 bet) or \$400.

I think I am correct in that if the odds were 3 to 1 and you bet \$100, you would get the \$300 pay-off plus the initial \$100 bet paid back to you.

## Related Questions

### Asked:Race horse jockey mistakes in turf paridise

race horse jockey mistakes in turf paridise

### Asked:Smallest margin of winning in a horse race?

What is the smallest margin of winning in a flat horse race? Are photo finishes a common part of this sport?

### Asked:What are the odds for Ill have another to win the ...

what are the odds for Ill have another to win the belmont

## Be The First To Answer

Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them

Hot Topic

### Agua caliente horse racing records

I am not having much knowledge about horse racing. I just know car racing. Carlos Kauffman is my favorite car racer driver.

### What is the best horse racing track in the world?

I think some of the top race tracks are Churchill Downs, Belmont Park, and Flemington Racecourse Here's a good source for track lists too: https://www.tvg.com/horse-race-track-list

### Which horses have the stamina to win this year's Belmont Triple Crown?

Well Larry, apparently you don't read or watch the news. There was only 1 horse with a shot at the Triple Crown and that was I'll Have Another. But the horse was scratched, so there is no chance any horse will win the Triple Crown.

### Any good games based on horse racing?

G1 Jockey 3 for the PS2 and Fantasy Horse Racing for PC. The latter is a free to download PC game which is available at www.horseracegame.com . It has several single and multiplayer modes and contains good 3D graphics.