Horse Racing Show Payout -= $2.10 What % of the pool?

[aggieshawn]

Horse Racing Show Payout -= $2.10 What % of the pool?

I have been noticing when a horse has greater than 40% of the show pool. It's payouts are generally $2.10.

If less then you have a chance for a greater payout.

Does anyone know the exact pool figure?

[aggieshawn]

1	Charming Verse / Misty Steps	3	$4.00	$3,102	20.0	$1,179	25.5	$858	31.6
2	Midnight Glow	12	$13.15	$945	6.1	$597	12.9	$272	10.0
3	Curb Appeal	9	$10.55	$1,174	7.6	$361	7.8	$281	10.3
4	Swept Ashore	1/5	$1.25	$9,666	62.2	$2,178	47.2	$1,045	38.4
5	Basboosa	SCR
6	Hey Skylar	18	$19.25	$645	4.2	$303	6.6	$262	9.6
	Pool Totals			$15,533		$4,618		$2,718

[aggieshawn]

Race 2

1	4	Swept Ashore	$2.50	$2.10	$2.10
2	1	Charming Verse / Misty Steps		$2.40	$2.60

[aggieshawn]

Don't these payouts seem out of whack for 7% of the pool?

[rkelly110]

That's a normal payout for a low odds horse such as that. Think of it this way, you earned $.05 for every dollar wagered, guys in the stock market would kill for that.

[temple2010]

You gotta remember that 3 horses will get paid for the show price so there is more than just 1 horse involved in the payout pool. If one horse takes say 60% of the show pool and he finishes in the top 3 the show payouts will all generally be low. Look into betting some "bridge jumpers"!!

[Dagg]

Depends on the % of the other 2 horses who also showed

[Jayvegas420]

The favourite at least shows 80% of the time.

[temple2010]

The favourite at least shows 80% of the time.

not true- you would see $2.10 payoffs 80% of the time or more.

[Jayvegas420]

So what's the percentage?

[EmpireMaker]

take the entire show pool subtract the track takeout then add up the amount wagered on the 3 show finishers and subtract that from what is left take the result and divide it by 3 and that is the amount to be split by all dollars wagered on each horse that showed
1000 in pool
1 has 300 to show
2 has 200 to show
3 has 100 to show
takeout 10%
1000- 10%(100) = 900 horse1+2+3 = 600 900-600=300 300/3 =100 per horse horse 1 gets 33cents on the dollar horse 2 gets 50 cents on the dollar horse 3 gets 1 dollar on the dollar {all minus breakage} example horse 1 would pay $2.66 on a $2 show bet but the track would round it down to $2.60
Different tracks and different states have different takeout %'s

[nyplayer33]

generally if the horse is paying 2.80 of less he's 2.10 to show. I font think it's a good bet..you risk too much for little gain. you make 10 cents per 2.00 bet u win 15 times and makes 1.50 n lose 16th time n u r a loser. to win 15 in a row is a awesone but not ez

[Jayvegas420]

I get all that.
My question is what % of the time does the favourite at least show?

[u21c3f6]

On average the favorite will at least show approx 2/3 of the time. More often for favorites in shorter fields and/or with shorter odds and less often for favorites in larger fields and/or with longer odds.

Joe.

[floridagolfer]

Favorites win about one-third of all races; the percentage generally stays within a margin of 32-35 percent. Favorites finish first or second a little more than half the time (about 52-55 percent) and they finish in the top three about 70 percent of the time.

[Jayvegas420]

With all the show betting I do in Vegas I would have thought it was much higher.
Shocked to hear that.
Any tips today?

[DiggityDaggityDo]

The favourite at least shows 80% of the time.

Jay this is how you got all your free drink tickets? Betting the favorite to show?

[Buckandadime]

That's a normal payout for a low odds horse such as that. Think of it this way, you earned $.05 for every dollar wagered, guys in the stock market would kill for that.