How are returns worked out if a horse is in a dead heat?

Question

How are returns worked out if a horse is in a dead heat?

Answer 1

If it is a win situation you are referring to, you are half on a winner and half on a loser so the return on your bet is calculated accordingly.

(If 3 dead heat you are 1/3rd on a winner and 2/3rds on a loser).

If it is a place bet, settled on 3 places, and there is a dead heat for second, there would be no horse placed third, but if there is a dead heat for 3rd, again you are half on a placed horse and half on an unplaced one.

Answer 2

In the UK, it is half the stake, at the odds the bet was placed at.

So if you placed a bet on a horse to win at 5/1, and you bet £10 to win.  If the horse won, you would normally get back £60.  If the horse was in a D/H for first, then your bet would be £5 at 5/1 = £30.

hope that helps.

Answer 3

The payouts for win are divided among all of the win bets on the two winners. Same for place or show.

Answer 4

In the UK half the stake would be applied to the selection dead heating with another horse.

i.e  10/1 winner £10 to win, gives you £5 to win on 10/1 winner in a dead heat situation.

If 3 horses dead heat the stake is deducted accordingly and settled at full odds.

Similar rules apply to horses that dead heat for a place.

Hope this is useful....Good Luck

Answer 5

pool of money bet on each is interperated to balance the pay off

Answer 6

The very simple way in uk is to take the amount of horses dead heating and divide your stake by that number. The resultant figure is the amount you have staked on the horse and returned to you. So a THREE horse dead heat means if you had staked £30 to win on Horse A you divide 30 by 3 (makes maths easier) which gives you £10 So say Horse A was 6-4 you have a return of £15 plus your £10 stake giving you a total return of £25 for your initial stake of £30. (Bookies always win!)

Same horse in a two horse dead heat would be 30 divided by 2 = £15 x1.5 = £22.50 plus £15 =return of £37.50 for your £30 stake which any way you look at it is bad odds . . .but better than it being beaten a short head and losing the LOT. !!

Answer 7

The win odds are instantly cut in half... they divide the win pool in half and pay out for both of the winners.  Consequently, there's only half as much money to pay out on your horse... if it was 5-1, you were supposed to win $12... there's only half as much money, so you only win $6.  Still, the track has to pay you at least $2.10, so they can't cut $2 in half and only give you $2... in that case, the track loses some money.  The track still pays out all the money, it's just that you have to split it between the two winners.  So if you bet on a horse who dead heats and your friend bets on the other horse in the dead heat, then you both get paid half of what you would have been paid if your horse had won outright.

The good news, though, is that if you boxed any exotic bet, you get paid twice!!  Say you took the 3 and 5 for the exacta box... if they dead heat, you get paid for the 3-5 combination and the 5-3 combination.  Same if you boxed a trifecta.