12/25/2022 0 Comments Horse wager calculator![]() ![]() This type of punt allows you more chance of winning as not all your selections have to win or place.Ī Canadian is more expensive than an accumulator that’s because of the number of bets. The bets are 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator.In total there will be 26 bets spread across these choices.In summary, a Canadian or Super Yankee offers: It’s also known as a Super Yankee, due to its resemblance and the fact that it offers more bets. The difference is it entails five different selections and a total of 26 bets. This type of bet is similar to a Yankee bet and a Lucky 31. If you are in a shop, such as a Ladbrokes betting shop or a William Hill shop, you will need to fill in a betting slip and hand this to the cashier. It will automatically make it into the bet above. The bet seems complex but it is simple to place a Canadian bet online or in a betting shop, simply choose your five selections then click on “Canadian bet”. It gives punters a chance to enjoy returns without all of the 5 selections winning or placing. It consists of five selections and 26 different bets. Here are the most popular questions we get asked about Canadian Bets: What is a Canadian Bet?Ī Canadian bet is similar to a Yankee. The Canadian Bet Calculator will work out total outlay, total return and total profitįrequently Asked Questions about Canadian Bets.Select the ‘Stake’ wagered per bet, for example, “£40”, “£2”, “£5”.Select the ‘Odds’ for each selection, such as “3/1”, “8/1”, “7/2” (you can select fractional or decimal odds).Select the ‘Outcome’ for each selection, either “Winner”, “Placed”, “Lost”, “Void” or “Non-runner”.The ‘Number of Selections’ should default to 5 selections.Select “Canadian” on the ‘Bet Type’ dropdown.Here is the step by step guide how to use our Canadian bet calculator: 5 Summary of The Canadian Bet (Super Yankee) & Calculator.4.1 How do you work out a Canadian bet?.2.6 Which Bookmakers Accept a Canadian bet?.2.5 How to Place a Canadian Bet Online and in A Betting Shop.2.3 The Canadian Bet Explained in Detail.2.2 So How Can I Place one of These Bets?.2 Frequently Asked Questions about Canadian Bets.1 How to Use the Canadian Bet Calculator.The table below shows the payout per $2 bet on an outcome with a given odds ratio. Instead of showing the odds as decimals such as 1.5 and 0.5, the track may show them as ratios, such as 3 to 2 and 1 to 2. Nickel breakage takes off at most 4 cents per dollar bet. For every dollar bet, dime breakage takes off at most 9 cents. The effects of breakage are unpredictable since the toteboard is always changing. This means that a $1 win wager on Horse B only pays $2.50, not $2.55. However, if we round them all down to the nearest tenth, we get instead: If you look at the example above, we gave exact odds. Tracks to do not give you the exact odds they round down to either the nearest 0.05 or 0.1 (nickel or dime). This means if you make a win wager of $2, your payout will always be least $2.40. Another thing to keep in mind is that it is possible for the odds to be less than 0.2, but most tracks will payout a minimum of 0.2 on the dollar. Also, most tracks require a minimum $2 bid. Some Considerations: Because new players are constantly coming up to the counter to make their bets, the odds on the toteboard are constantly changing. When you cash in your ticket, you will receive $2.55. For instance, if you bet $1 on Horse B and he wins, then you will make a profit of ($1)(1.55) = $1.55 from that wager. These odds do not represent the probability of a particular horse winning, but the payout ratio for a win wager. ![]() Using the numbers in this example we have: To determine the odds for each outcome, subtract the amount wagered on an outcome from the total pool, then divided by the amount wagered. This means the total pool of wagers is actually ($900)(0.85) = $765. Suppose there is a race among three horses and $100 is bet on Horse A winning, $300 is bet on Horse B winning, and $500 is bet on Horse C winning. How Parimutuel Horse Racing Betting Works * An asterisk means the odds are actually less than 0.2, but the track pays out a minimum of $2.40 per $2.00 win wager (winning bet). ![]()
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