Place Bet Payout
Place Bet Payout Rating: 4,9/5 5420 votes
If you wager a 'place to win' bet, then you must roll that number before rolling a seven. If you make a 'place to lose' bet, then you must roll a seven before rolling that number. The payouts are actually quite good in this bet. In fact, they are nearly the same as true odds but usually slightly less. Winning Place (1/5 odds) Entering Each way bets If you're making an Each-way bet, enter the individual stake, but remember that it will cost you double i.e. A '£20 pound each way' bet is, in fact, TWO £20 bets, so it costs you £40.
| Win Odds | 1/4 Place Odds | 1/5 Place Odds |
|---|---|---|
| 4 | 1.75 | 1.6 |
| 4.2 | 1.8 | 1.64 |
| 4.333 | 1.833 | 1.666 |
| 4.5 | 1.875 | 1.7 |
| 4.6 | 1.9 | 1.72 |
| 5 | 2 | 1.8 |
| 5.5 | 2.125 | 1.9 |
| 6 | 2.25 | 2 |
| 6.5 | 2.375 | 2.1 |
| 7 | 2.5 | 2.2 |
| 7.5 | 2.625 | 2.3 |
| 8 | 2.75 | 2.4 |
| 8.5 | 2.875 | 2.5 |
| 9 | 3 | 2.6 |
| 10 | 3.25 | 2.8 |
| 11 | 3.5 | 3 |
| 12 | 3.75 | 3.2 |
| 13 | 4 | 3.4 |
| 14 | 4.25 | 3.6 |
| 15 | 4.5 | 3.8 |
| 16 | 4.75 | 4 |
| 17 | 5 | 4.2 |
| 18 | 5.25 | 4.4 |
| 19 | 5.5 | 4.6 |
| 20 | 5.75 | 4.8 |
| 21 | 6 | 5 |
| 23 | 6.5 | 5.4 |
| 26 | 7.25 | 6 |
| 29 | 8 | 6.6 |
| 31 | 8.5 | 7 |
| 34 | 9.25 | 7.6 |
| 41 | 11 | 9 |
| 51 | 13.5 | 11 |
| 67 | 17.5 | 14.2 |
| 101 | 26 | 21 |
| 151 | 38.5 | 31 |
| 201 | 51 | 41 |
- And Odds Shark is the place to research everything to do with sports odds and live lines. Click around and improve your chances of beating the point spread! We’ve enlisted experts to help explain poker odds and casino pros who can advise on the math behind blackjack strategy.
- And Odds Shark is the place to research everything to do with sports odds and live lines. Click around and improve your chances of beating the point spread! We’ve enlisted experts to help explain poker odds and casino pros who can advise on the math behind blackjack strategy.
- The Win Bet Payout Table will show you the minimum payout for a $2, $5 and $10 win bet, the decimal and fractional odds along with the post time odds ranging from from a 1/9 heavy favorite all the way to a 99/1 longshot. Payouts listed above represent the minimum payout returned.
This table helps you calculate each way place odds in decimal format.
We don’t provide the odds for under 4.0 (3/1) as we would not advise betting on these horses each way.
It may make your account stand out too much – after all, if your horse did place at these odds or less then it would still lose you money overall. In fact, this is true for any horse under the odds of 5.0 for 1/4 odds races and under odds of 6.0 for 1/5 odds races.
Horse Betting Win Place Show
To find out whether you need to calculate at a quarter or a fifth of the odds, you will find the relevant information on the race on the bookmaker’s site like so:
This means that the each way ‘place’ odds for the race are calculated at 1/4.
It also shows that places 1 and 2 in the race qualify for the ‘place’ parts in this race.
Win Place Show Bet Payout Calculator
In big horse racing events like Cheltenham Festival, you will typically find that there are 3-to-5 places paid. This depends on how many horses there are in the race and also if any promotions are running.
In the Grand National at Royal Ascot, you may even find some bookmakers offering 6, 7 or even 8 places paid.
This is great for matched bettors as we can exploit the extra places in an attempt to hit a big win.
Watch: How to Make Profits on Each Way Bets
Win, Place and Show bets are the most common wagers placed among horse racing bets. They generally have lower payouts than exotic bets, such as the Exactas and Quinellas, but they are also a lot more frequently paid.
Looking to Bet on the 2021 Kentucky Derby?
Understanding Win, Place and Show Betting
For a horse to “Win”, it must finish in the first position. If you bet on them to win you get paid only if they win the race.
A horse that “Places” is one that finishes in the second position, but a bet on a horse to place will payout if your chosen horse finishes first or second.
“Show” means a horse has finished in the third position. However, betting on a horse to Show does not necessarily mean it must finish third, but rather in the first, second or third position.
Above is an example of the “win place show” menu at Bovada.lv where you can bet on any horse to either win, place or show. You will also get $250 free at Bovada for the Kentucky Derby.
The more difficult a bet is to win, the more you can generally expect to be paid. However, due to the foundation of pari-mutuel betting, this isn’t always true. The more money that is placed on a specific bet, the lower the payout becomes. Viewing the tote board will tell you the payout probability of each specific bet at that moment.
Because bets are constantly coming in up until the start of the race, these odds can change drastically from the time you place your bet to the time the race begins.
If you are looking for bigger payouts I recommend the “win” or “place” bet if it is a mid to long shot. Betting on a favorite to “show” won’t pay out much, but betting on an underdog to show can often have a good payout. Head over to Bovada.lv for the best online horse racing betting.
Horse Racing Betting – Win Bets
- A Win bet is a manner of horse racing betting where the person selects a single horse in the race to finish in first place. The wager is only won if the horse finishes in first.
Horse Racing Betting – Place Bets
A Place bet is a manner of horse racing betting that requires the bettor to select a single horse in the race to finish in either first or second place. So long as the horse places (finishes in first or second), the bet is won. The amount paid on the bet is unequivocal, (i.e. the payout is the same no matter whether the horse finishes first or second.)
Horse Racing Betting – Show Bets
A Show bet is a manner of horse racing betting wherein the bettor selects a single horse in the race to finish anywhere in the top three positions. If the horse Shows (finishes in first, second or third), the bet is won. The amount paid is unequivocal, (i.e. the payout is the same no matter whether the horse finishes first or second.)
Horse Racing Betting – Win-Place Bets
A Win-Place bet is a manner of horse racing betting that is much like a Place bet. The bettor is choosing a single horse in the race that he/she believes will Win or Place (finish in first or second). If the horse Wins or Places, the bet is won. However, unlike the Place bet, the finishing position of the horse will determine the exact payout received on a bet, according to the probable payout odds on the tote board (i.e. a Win pays more than a Place.)
Horse Racing Betting – Win-Place-Show Bets
Also known as an “Across the Boards” bet, a Win-Place-Show bet is a manner of horse racing betting that is much like a Show bet. The bettor selects a single horse to Win, Place or Show (finish in first, second or third) in the race. If the horse Wins, Places or Shows, the bet is won. In contrast to the Show bet, however, the finishing position of the horse will determine the exact payout received on a bet, according to the probable payout odds on the tote board (i.e. a Win pays more than a Place; Place pays more than a Show.)