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how do you calculate horse racing bets When placing a win bet, you are betting on the horse to win the race. A place bet means the horse must finish in the first two positions, and a show bet requires the horse to finish in the first three positions. The payouts vary depending on the type of bet. whats each way in horse racing 3. **Payouts**: The payout for a bet is determined by the odds and the amount you bet. To calculate the payout, multiply the odds by the amount bet and add the original bet amount.
how do you calculate horse racing bets When placing a win bet, you are betting on the horse to win the race. A place bet means the horse must finish in the first two positions, and a show bet requires the horse to finish in the first three positions. The payouts vary depending on the type of bet.