Wager Mage
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What does a 9 2 bet pay?

Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $9.00 (4.50 x 1 x $2) + your original bet of $2 – for a total of $11.

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Do casinos track your losses?

But casinos of course track the win/loss information, amount bet, etc., for various purposes. One is of course to calculate your offers, but...

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ODDS PAYS ODDS PAYS 1-10 2.20 7-2 9.00 1-5 2.40 4-1 10.00 2-5 2.80 9-2 11.00 1-2 3.00 5-1 12.00 3-5 3.20 6-1 14.00 4-5 3.60 7-1 16.00 1-1 4.00 "even money" 8-1 18.00 6-5 4.40 9-1 20.00 7-5 4.80 10-1 22.00 3-2 5.00 12-1 26.00 8-5 5.20 15-1 32.00 9-5 5.60 20-1 42.00 2-1 6.00 50-1 102.00 5-2 7.00 60-1 122.00 3-1 8.00 99-1 200.00 The odds listed in the race program are the “morning line” odds. These are the odds placed on the horses by the track’s handicapper when the race program is published, before the wagering starts. At the track, the odds will be posted on the tote board before the race; they change up until post time, depending on how customers are betting on each horse in the race.The horse that customers have bet the most money on is called the "favourite". This horse will have the lowest odds.The "longshots" have the least amount of money wagered on them and therefore have the highest odds. The racetrack handles the money, keeps a percentage (called a “take-out”) and calculates the horses' odds based on the amount of money wagered on each horse. The remaining money is then paid back to the players who have winning tickets.Win odds on the tote board are displayed based on $1.00 unless otherwise noted. A "3" displayed next to a horse's number indicates that the horse is 3-1. An example of an exception to this general rule is when "5/2" is shown. The tote board does not show decimals, therefore, 5/2 odds means that the odds on a horse are 5 divided by 2, or 2.5-1. Win payoffs are calculated based on a $2.00 wager because at most tracks this is the minimum bet. Example #1: A horse that wins at 5-1 will return $5.00 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $10 (5 x 1 x $2) + your original bet of $2 – for a total of $12.Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $9.00 (4.50 x 1 x $2) + your original bet of $2 – for a total of $11.Generally, payoffs are as follows, based on a $2 wager:

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What are the odds rule?

What Are the Odds, or Odds Are, is a simple game where you dare another player to do a ridiculous task. One player asks another how likely they are to complete a dare, and then the second player picks a number between 2 and 100 as a limit for a number range. Both players then choose a number within the range.

Article Summary

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What Are the Odds, also known as Odds Are, is a fun social game where players try to get each other to perform ridiculous dares. You need at least 2 players to play, although the more players the better! To start, come up with a fun, silly dare for another player. This could be something simple, like daring someone to run around the block, or something a little strange, like daring someone to ask a stranger if they’ve seen their pet kangaroo. Ask one of the other players, “What are the odds that you will” followed by your dare. Then, the other player responds with the odds of them doing the dare, like "1 in 15" or "1 in 20." Now, both you and the other player count down from 3. After you count down, both of you say a number within the range that the other player set. For example, if the other player said their odds of doing the dare are 1 in 30, you'd both have to say a number between 1 and 30. If you both say the same number, the other player has to do the dare. If you don't say the same number, it's the next player's turn, and you subtract 1 from the previous range of odds. In this example, the next player would have to play out of 29. If someone says “2” as their range of odds, there is a special rule. If the players say the same number, the dared player must do the dare, but if the players say different numbers, the daring player must do the dare. To learn what to do if you don't say the same number as your friend, scroll down!

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