Horse wager calculator. Place: your selection must finish in the top 2. Horse wager calculator

 
 Place: your selection must finish in the top 2Horse wager calculator  The payout calculation consists of multiplying the stakes by the odds and then adding the

With horse racing wagers, it’s traditionally fractions. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Since the exacta requires you to select the first and second horses in their exact order of finish, this three horse box example would involve six combinations: 4-5, 4-6, 5-4, 5-6, 6-4 and 6-5. 2nd and 2nd & 3rd Place Profit Lock-in Method. Betting odds converter: Use our odds converter to quickly swap between decimal, American or fractional odds in one click. For example, two horses in each race would be 2 x 2 x 2 x 2 x 2 x 2 = 64 possible combinations = $64 if a $1 Pick Six = $128 if a $2 Pick Six. This represents an attractive bet. Horse racing odds calculator payout. However, if you lose $100 on every single game, you’ll end up wagering $250 as well. Similarly, when a horse is priced at 3-5, one can read that as 3/5. com Horse racing calculator helps you calculate and asses your stakes and wins. Exotic betting refers to an extremely popular group of horse racing wagers that all include a component where you must wager on multiple horses. When you consider that most races have a field of 8-10 horses, this can be. " The following examples are for a $1 Superfecta Box:Method 3 – A Daily Double Parlay. Pick 5/6 wagers: These wagers revolve around sport bettors selecting the winner of more than one race at a certain track during the day. The more higher-priced horses that win, the bigger the payoff. Add your expected win probability for the selection you have chosen in the cell called “Win Probability”, using values between 0% and 100%. 00 wagered would be $6. Enter the decimal odds of 2 or more selections in the appropriate 'choice' fields. Use the Single return calculator to work out your winnings online for all sports. The first bet is on the horse to win and the second bet is on the horse to place. EXACTA– You’re betting on two horses to come in first and second in an exact order. Some of these include: Dubai World Cup: This race card boasts one of the richest purses in the world. org. Call 1-800-Gambler. Traditionally most tracks offered a minimum Win wager of $2. FanDuel has become the most popular option for online sports. Churchill Down Inc. Bet type Single Double Treble Fourfold Fivefold Sixfold Sevenfold Eightfold Accumulator Trixie Yankee Canadian / Super Yankee Patent Lucky 15 Lucky 31 Lucky 63 Heinz Super Heinz Goliath Super Heinz with Singles Super. This is a simple variation of wheeling. Determine the cost of your online horse racing wager. Pick 5: In this type of online horse racing bet, players choose five winners of consecutive races, often held on the same day. You will need to pay $6 as the three horses can finish in six different combinations. All you need is a tape measure! Want to learn more about horse weight? Read. All of the most popular bet types are supported, including Lucky 15, Accumulator, Trixie, Patent and Round Robin, as well as speciality bets such as. If a horse received three check marks, write 3. Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. Let’s look at how to calculate the costs of a Trifecta Bet. Depending on the bet amount entered, the total price of the ticket is determined and displayed in the “Cost” field. Horse racing enthusiasts could be one of these groups, with this betting market also being one of the most popular. $2. After inputting all the necessary details, the calculator will instantly generate and display the potential returns for your bet. The first bet is on the horse to win and the second bet is on the horse to place. More horses mean more stake and more significant risk if you haven’t picked the winner. Total Combinations = A x (B-1) x (C-2) x (D-3) *NOTE: As with the. Instead of making all six wagers separately, you can ask for a “$2 exacta box, 4-5-6” for a cost of $12. For something like soccer, Arsenal could be a +150 favorite against Everton as a +190 underdog, while the draw would be set at +220. Start Over Choose the wager amount and wager type you wish to place. This is a reduction made to the potential payout if one or more horses are withdrawn from a race after the bet has been placed. A horse that is boxed in is held up and unable to gain a clear passage. Many tracks are now doing this wager in a Jackpot Pick Six format: unless there is one single ticket with the winning horses, a portion of the pool is paid out but the majority carries over to the next day. The online horse betting calculator may present an odds conversion function for punters from the UK who wager outside the UK and need a fractional conversion of the decimal odds used outside the British horse racing and and the other way around. You can pick out more horses and have that many more combinations. You can bet as much as you want on any race. This means that if you place $100 on every game in your betting schedule, you’ll end up wagering $250 over the course of the season. High limits. TVG – $200 in bonus bets if your first bet loses. Odds value calculator: Discover the true value of your odds with a simple calculation. This removes much of the legwork needed to create your tabs and. There is no consolation prize for getting just one selection right. A bet can be broken down into two elements; the Stake - how much you risk. This wager requires 2 winners to guarantee a return. You can use a service like Betting Gods for your handicapping, or one of the other horse racing handicapping services. 0 (100%), but if you do not want to wager the full. featured Stories. Odds can typically be entered in fractional or decimal formats, depending on your preference. Bet Amount Choose the amount of money you want. In the case of straight wagers, the horse racing payout calculator simply takes the odds, presented in decimal or fraction, and uses it together with the stakes laid on the wager to calculate the payout. Selection. In order to calculate the costs of laying a Trifecta wager, a punter must use the Trifecta calculator, either manually or by a computerized Trifecta calculator. May 16, 2023 12:38 PM EDT. According to the donor, if F=number of first place finishes of a horse, S=number of seconds, T = number of thirds, R = number of races entered, and M= the total money won, the scale calculates the number [ [100F + 33. At bookmakers’ discretion. You can pick out more horses and have that many more combinations. Exacta Bet Calculator. If the back bet wins on Sky Bet, you win £60 profit but lose £52. 10-$1,200+AmWager. Follow this link for the Round Robin Parlay Calculator. $465 divided by $300 equals $1. 4 for 24 combinations of horse number 4,1,7,5 for the Boxed 10-Cent Superfecta. For instance, if you place a parlay bet on three teams with odds of +200, -150, and +300, the combined odds would be +2700, resulting in a potential payout of $2,700 for a $100 bet. A Placepot bet is a Tote betting wager where you must pick and have a horse finished placed in each of the first six races at a particular meeting. Five horses = 120 combinations = $12. You will now construct three wheel tickets using your “key” horse (the one you chose to win) with the other three horses. Bet type Single Double Treble Fourfold Fivefold Sixfold Sevenfold Eightfold Accumulator Trixie Yankee Canadian / Super Yankee Patent Lucky 15 Lucky 31 Lucky 63 Heinz Super Heinz Goliath Super Heinz with Singles Super. Pot odds: getting your money in good — gripsed poker trainingPot odds &. Horse Races Kentucky Derby Preakness Stakes Belmont Park Breeders' Cup More Races Results Race Tracks Churchill Downs Fair Grounds Saratoga Oaklawn Park Santa Anita Gulfstream Park More Race Tracks podcasts. 70. For example, if you’re playing roulette, bet $10 on red, and lose, you’d bet $20 on the next spin to recoup the. PLAY NOW. When placing wagers on horses online, you will always use the program number that has been issued to that horse. Toggle Navigation Win Place Show. However, for the activities listed below, winnings over $5,000 will be subject to income tax withholding: Any lottery, sweepstakes, or betting pool. In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to. Assume a punter lays a £2 wager on a Trifecta wheel, picking horse number 7 as first and horses number 6 and 5 for the second and third. Leg 6: 1 selection. It is based on Steven Crist’s book “Exotic Betting” and allows you to quickly input your selections and make complex bets. Since keeping track of all the figures of the wager, the stakes. Another horse racing betting system is the Paroli System, based on bankroll management. Bettors generally are trying to find instances where the actual probability is greater than the implied probability odds. Bet Calculator;. 7 – Superfecta. The odds indicate how many times your stake will be multiplied in your total payout. 00. $528. Pick 4: This is essentially the same as a pick three bet except that players pick four winners in sequential races. For example, if the odds are 1. Then, you add your original bet amount to the result to. e. The calculation method varies depending on what type of First four bet you place: boxed, standout, roving banker or normal. Suppose you want to play more than two horses in an Omni/Swinger? There are a couple ways to proceed. For example, if you are placing a money line bet on the Cubs to win. All you. With horse racing odds, the first number (the. Morning line – The odds that the track handicapper predicts a horse will go off at. 76 to get $100 back. has entered a deal with FanDuel Racing to supply the platform with horse betting technology. You would then place. $150 Deposit Bonus AmWager Promo Code: BUSA150 Get Bonus. Example: Let’s say you select horse #8, #6, and #3 to finish in any order with a boxed trifecta bet. Traditionally most tracks offered a minimum Win wager of $2. Select the race number of the Kentucky Derby (usually the second to last race on the card) Select your horse. An unbeatable betting experience. From the bookie’s perspective, they are taking in $104. The odds and payout difference. Wager amounts start at $2 and $50; Emphasis Strategy: You can select to emphasis trainer, jockey and the horse's pedigree and Smart Pick will factor you suggested wager with those preferences in mind; Bet Calculator: The bet calculator is a simple tool to help you determine the cost of an exotic wager Racing Schedule -Quinella - Bet in which the first two finishers must be picked in either order. The horse racing calculator at Winning Ponies deals with exotic betting calculations and since a major portion of Winning Ponies’ tips are in fact exotic betting tips, it must allow members to calculate their bets especially when they. The simple fact is that by computerizing the act of betting calculation a punter is less exposed to typing or head calculation errors as well as having an advantage when an. The odds and payout difference. You can be a horse racing bettor and let other handicappers make your picks. Likewise, a $2 trifecta key with one horse over three others (3x2x$2) is $12. Most tracks enforce a minimum $2 bet, which allows the bettor to pick the winners of six races. How The Pick 6 Bet Works. horse racing odds examples: 6-5 odds. 3 rd = Horse 5. You can actually put as many horses as you like on the Exacta Box, but be aware that the price will continue to rise with each horse added. Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. A player could eliminate any tickets that do not include the #5 in that leg. 18+ BeGambleAware. Wager online with TwinSpires! Signing up is easy, and we’ll provide your new account with a risk-free betting opportunity for your first WIN bet. Heinz Super Heinz Goliath Lucky 15 Lucky 31 Lucky 63 Alphabet Round Robin Parlay Full List Bet Calculator - All Types & Options Bet Type Definitions AceOdds Bet Calculator. 40-$1200+ Trifecta: Bet on 3 horses finishing 1st in exact order: $0. The first step in using a horse racing. Tricast Bet Calculator. About AceOdds. Win bets, place bets and show bets in horse racing are basically traditional bets, or straight bets, that you can make on horse racing events. TwinSpires – $200 deposit match. Most bettors like to use a horse racing betting strategy in which they use more than five horses. You can use our odds calculator above to calculate the implied odds of a given bet as long as you know the odds of the bet. Which horse will win Race 2. Calculate your winnings with the bet calculator for Singles, Doubles, Trebles, Accumulators, Lucky 15 / 31 / 63, Trixies, Patents, Round Robins, Goliaths and more. Horse Racing Wager Types | Horse Betting Calculator - TVG. Find. 5). They are rounded down to the nearest nickel or dime, which is called. An advanced horse wagering calculator can efficiently deal with these complex combinations and permutate possible outcomes. The Alphabet is a bet consisting of 6 selections, one selection must win or place if each way (number of places depending on the size of the field) to guarantee a winning return. If you box six horses in a First four bet, it will cost 6 x (6-1) x (6-2) x. In the 1st dropdown menu list, select 'Exacta' (or other exotic bet) Selecting an exotic bet will cause a third dropdown menu box to appear. Online free bet calculator: Complete guide to using our free bet calculator, with examples of popular online bets and the different types of odds available. 00. See what your total payout and winnings will be. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. Once you’ve selected a tricast odds calculator, you’ll need to input the odds for the three horses you want to include in your tricast bet. Once the takeout is complete, all remaining money is divided by the amount bet on each horse. This wager requires 2 winners to guarantee a return. The Pick 6 is a simple bet in practice. A Tricast bet is also known as a Trifecta; in many articles and publications. Horse Racing Odds Calculator Odds in the UK are presented differently than in Europe and the US. Whether you’re exploring each-way betting, trying to familiarize yourself with the concept of rule 4 deductions, or test driving a new staking plan — the horse betting. ” So instead of betting, say, $10 to win, you’re betting $10 to win, $10 to place, and $10 to show, for a total investment of $30. 00. A tool to simplify the job and select. Exotic bets are those which involve more than one race or more than one horse. $1 Pick-3 using two horses in each race costs $8; $1 Pick-3, keying one horse with three horses in two other races costs $9. Converting American odds into fractional odds is simpler. Let's say you like the #3 horse really well to win, and you think the # 6, 7, and 8 horses are the only other horses in the race who have. Start Over Choose the wager amount and wager type. You can also use a Daily Double parlay in the same way that you did a straight bet parlay in the first method. Meydan. The potential reward for winning a pentafecta. To do the math: convert the odds on your lines to decimal format (or simply use our odds converter ). 4-7. 2023 Preakness Stakes Betting Odds, Horses Running & Post Time for 5/20. In order to get your total earnings, you multiply $2 by the numerator 7 and. The Dutch calculator is similar to the matched. Trifecta: A bet on three horses to take 1 st, 2 nd, and 3 rd place in that order. Visit site. Then, multiply those decimal odds together for the overall odds for that parlay. Along with big meets like the Grand National, there’s a whole host of smaller races taking place daily. 5 horse will win, the No. Quinella: A bet on two horses to take 1 st and 2 nd place in any order. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites. Free Horse Racing Calculator for Betting Use this calculator to determine the cost of an exotic wager that you wish to bet. To figure out how much money you could win on your wager, multiply the stake amount by the odds in fractional form. There is a dutching horse racing calculator which is designed to handle spread betting calculations, an each way horse racing calculator designed to handle e/w bets where the bettor two different bets on a horse to either win or place in one single bet and an arbitrage horse racing calculator designed to handle calculations in bets which take. By requiring bettors to select two or more consecutive winners, multi-race wagers can exponentially increase payoffs compared to betting individual horses to win. Presume a Superfecta Part Wheel wager of: {A} with {B} with {C} with {D} Where {A} is the number of horses in the 1st position, {B} is the number of horses in the 2nd position, {C} is the number of horses in the 3rd position, {D} is the number of horses in the 4th position. . In most betting destinations, you will notice that a straight superfecta is usually $2. 3 Select from 3 strategies. $1-$1000+ Quinella: Bet on two horses finishing 1st & 2nd in any order. "Pandy," has been writing about harness and thoroughbred racing and handicapping for over 40 years. When betting on the Pick 6 online, the same minimum wager decided by each track applies. BREAK. The “fraction” represents the relationship between how much you stand to win relative to how much you must risk. You will have to decide based on your own comfort zone. If you are satisfied with the calculation and would like to place a real money wager, simply click on the blue "BET NOW" button and select your state from the dropdown menu. These traditional bets are considered the most popular types of bets and also the most straightforward. 76 and expect to pay out $100 (including the stake. your stake. Pick 4. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. 15. The Pick 6 is a simple bet in practice. - Place a £/€5 Bet on the Sportsbook. Charles Town Free Picks. All selections must win for the bet to generate a return, but the payoff can. The key to understanding the Pick-3 is in knowing that it involves multiple horses and multiple races. This calculator is what you need to work out your returns, supporting each ways bets, dead heats, rule 4 and more. Bet Calculator. This happens each racing day until someone wins, just like a progressive slot machine does in a casino. Take amount: 15 percent. g. Bob Pandolfo, a. The total value reflects a $1 wager on each combination. The horse racing odds calculator is horse betting calculator with very specific functions embedded in it. 00 (1 to 1 odds) Payout per dollar: $85,000/$42,500 = $2. Each week, thousands of horseplayers betting thoroughbred, quarter horse, or Arabians at 140 U. 20. Before the horses get to the gate you can enter the win, place and show pools to calculate your suggested bets; but, remember to bet responsibly! WinPlcShw Wager: Parimutuel Betting Calculator. To convert positive odds to a decimal, divide the odds by 100 and then add 1. Payout for $2 bet: $4. Free Horse Racing Calculator for Betting Use this calculator to determine the cost of an exotic wager that you wish to bet. Enter the total amount you wish to stake for the race into field named 'Total Stake £ (Default £100). For example, here’s how one would plug in a $2 trifecta box involving three horses: (3 horses) x (2 horses) x (1 horse) x $2. Determine the cost of your online horse racing wager. 7 – Superfecta. Horse racing today is more complex than ever with racing on for 364 days of year 2023. This includes every major and most minor horse racing tracks in the United States. How The Pick 6 Bet Works. Learn more. 50th GST Council Meeting: Online Gaming, Casinos And Horse Racing Under Scanner. Unfortunately, access to a livestock scale is limited to most horse. If you bet $100 on the Eagles to win at -150, you would net a payout of $166. Bet365 Early Payout. Even for specific events such as the Kentucky Derby and Breeders' Cup. To calculate the payment per dollar (or decimal odds), divide $85,000 by $42,500, which is $2. Insert each team’s odds and click "ADD BET," and the calculator will instantly display the amount you will win ($375. Free, easy to use and accurate, the betting odds calculator supports a wide variety of options including each ways, accumulator perms and bookmaker. This type of bet involves choosing a horse that will finish first in the race. One could say that this is the horse racing betting version of 1×2, and they’re mostly right. The most conservative wager is the show wager where a horse can finish first, second or third giving you three chances to cash your ticket. A parlay bet is a single wager that requires two or more outcomes to all win. If the odd is displayed at 5. If your horse finishes first, second, or third, your show bet is a. Below is a two-step guide that explains how to use our betting odds calculator for the first time. Round this amount off to $1. Superfecta Betting Variant #1: Superfecta Box Betting. It’s designed for standard tricast bets, where you predict the exact order of the first three horses. The horse racing payout calculator comes in various ways depending on the wager type placed on the horse or horses. Think about it. Betting Multiple Horses. The potential payout is higher than for a single bet, but the risk is also greater. The Superfecta Wheel bet is picking sets of horses to finish in first, second, third, and fourth position. Enter the total amount you wish to stake for the race into field named 'Total Stake £ (Default £100). Stake not returned. In this detailed guide, we explain what is a Placepot bet for horse racing, how it works. The horse racing calculator software incorporates all the features of the. A horse racing betting calculator ( horse bet calculator ) is an online tool that is used to calculate the cost of large and complex horse racing bets like the superfecta, pentafecta, Yankee, Goliath, and more. Win Place Show is an online parimutuel betting calculator. A standout feature of AmWager is its innovative betting tools, including a tricast calculator, which can enhance your wagering strategy. These functions are relevant in any wager and so the use of an odds calculator is almost inevitable. $118. That's right. 50-$1,200+ Superfecta: Bet on 4 horses finishing top 4 places in exact order: $0. The potential reward for winning a pentafecta. You use a matched betting calculator to work out how much to lay for profit. This represents an attractive bet. In recent years, a trend of online horse betting emerged to form a popular scene of sports betting and with it came the development of sophisticated horse racing calculators and the appearance of horse racing calculator downloads available for the punters at almost every betting themed site, some at symbolic cost, some at significant pricing. (1. a. Extra Places at bookmakers’ discretion. TwinSpires will refund your first win bet up to $25, if your horse doesn’t finish first. No other horse betting system has WinningPonies e-Intelligence. Your horse betting calculator app will allow you to compare the potential profit between a straight win bet, or an each way wager and you can have the odds displayed either in decimal or fractional format. How To Use A Horse Racing Bet Calculator. A Large Selection of Domestic and International Race Tracks. 5% chance of winning $200 if you win the bet. Each type of Trifecta Bet is calculated a bit differently, which is why it’s important to know how much money you’re putting in based on the risks involved. 1: $300. Then multiply the total lines X your stake to get the total bet amount. For example, let’s take a look at a sample win pool in an eight-horse race. A $2 bet on an Exacta will pay out the amount shown for an Exacta bet on the wager payoffs. Tune in with our free live streaming videos of daily races from over 150 tracks around the US and the world. The horse handicapping calculator uses factors such as the race fixture, the race conditions, the horse’s form and speed figures, last runs, and jockey’s and trainer’s. That would be. Dalos, who foals mares in Canada and Ontario, had this colt born in Ontario and he had. However, calculating the payout of this sports bet will not provide the odds of your wager. Select a bet amount, type, and horses, and get the total cost of the ticket. Check your potential winnings on accumulators, Lucky 15s and all your favourite bets with Paddy Power online bet calculator. e. For example, if you choose to bet 1-3, you will win if the horses end 1-3 and 3-1. If the horse wins then you win both bets. However, if you lose $100 on every single game, you’ll end up wagering $250 as well. You made a $2. Divide the odds by 100, and then reduce it to its simplest form, e. Racetracks calculate pari-mutuel wagering odds by collecting all bets of one type into a pool, taking a percentage off the top for the house, and using the. When betting on a horse racing wager, you need to consider the number of people wagering, the amount of money wagered, and the number of units you wager. Bettingodds. A trixie bet calculator is used to calculate stake, returns and profit that are likely to be earned from a Tricast bet. Learn more. AmWager – $200 deposit match bonus. What is the minimum stake on a Pick 6 bet? The minimum stake is usually $2 for a Pick 6 bet. Before the horses get to the gate you can enter the win, place and show pools to calculate your suggested bets; but, remember to bet responsibly! The horse you wager on to Win must finish first in order for you collect. A Rule 4 deduction is a function of our horse bet calculator UK punters won’t want to have to use, but the reality is these do apply to any wagers apart from ante post betting done in advance, so we’ve included it. Home; Info; News; PostThe horse you wager on to Win must finish first in order for you collect. Then, just for good measure, you can bet in a way that suits you. Step foot into exotic betting with exactas, trifectas and superfectas! Do you know the impact of training workouts, final race times, or the best way to bet your Kentucky Derby horse on a budget of $2, $10, $25, or $100!? Maybe you know a thing or two about betting on horse races, but expert horseplayers take multiple factors into consideration. If you want to widen your selection pool, you also have the choice to do so. Your horses must win four consecutive races; chance for a big score for a modest amount. Exotic horse racing bets were introduced when bettors became bored with the same old straight win, place, and show wagers. Del Mar Free Picks. In these wagers, you place horse bet on the results or places of horses over one race. Thanks to our free each way bet calculator, you can work out total returns and profits on each way wagers for horse racing and other sports. Tricast Bet Calculator. To win the bet a handicapper must successfully pick the winner of all six races in succession. Once you’ve selected a tricast odds calculator, you’ll need to input the odds for the three horses you want to include in your tricast bet. Some calculators may even display the. Learn more. More in Gambling . As for win odds, this chart provides the payoffs for a. Exotic Bets: Single Race. Calculate how much to bet on horse racing with this easy-to-use tool. To calculate the payout on a horse bet, you multiply the amount of your bet by the odds offered on the horse. 1. 16 or more in handicap races. The standard wagers are win, place and show bets. Race 7 – #3. Most race days have a total of 10 races to bet on a given day. Sports bettors especially might get confused. Pick-4. In Canada and the US, "Round Robin" refers to a different type of bet. In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to. Race 6 – #1. 20. The daily double horse racing bet involves picking the winners of two consecutive races. See full list on wsn. PICK-4 CALCULATOR. Assume a punter lays a £2 wager on a Trifecta wheel, picking horse number 7 as first and horses number 6 and 5 for the second and third. See more. The Pick 6 is by far the most challenging and rewarding wager in parimutuel horse racing betting. You should define how much of your horse racing betting bankroll that you are willing to put in play each betting day. Bet365 Acca Bonus. Select the type of bet, the amount, and the horses you want to include in the bet and get the total cost of your bet. Extra Places at bookmakers’ discretion. The more bets you include and the bigger the underdogs, creates a bigger potential payout, but decreases your odds and increases your risk. This means that if you place $100 on every game in your betting schedule, you’ll end up wagering $250 over the course of the season. 4 for 24 combinations of horse number 4,1,7,5 for the Boxed 10-Cent Superfecta. Use our bet calculator for: singles, each way's, doubles, trebles, accumulators, lucky 15's and more. Some bookmakers will apply bonuses to bets containing selections. 50, or $121. Learn to Bet on Horse Racing: Growing Our Game All About Empowering ‘Newbies’. Pari-mutuel betting in horse racing is the total pool of money wagered on a particular type of bet that is then divided up among the winners after the track deducts its overhead costs and taxes. g. 3% (43/1000) In your example the profit was $30 the amount bet $2 so the roi is as you stated. Follow this link for the Round Robin Parlay Calculator. com 18 October 2023. The payout calculation consists of multiplying the stakes by the odds and then adding the. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. If you want to widen your selection pool, you also have the choice to do so.