I watched the Kentucky Derby and it said the winner was paid 11.80...if his odds were 9-2, wouldnt it pay 450?

Question

on a hundred dollar bet?

Answer 1

The money is in the exactas and trifectas.



My wife hit the trifecta.

9-2 means you get nine dollars for every two dollars bet, and you add on your original bet...plus whatever remains between the 5-1, which is was just a minute before the race.

5-1 means you get five dollars for every one dollar you bet, plus your two dollars, that would equal $12.00

Got that?  Good luck next time.

Answer 2

Leonard & the Cooch r right...to know truly is the last 5min before post time...u make money by betting on LONGSHOTS or the Tri/Exc. Only the old folks truly know how to make money at the racetrack...it's a dying breed that the young ones just-can't-grasp!!

Answer 3

You bet $100 across the board on the 7 and 17 making that a $600 bet . For that bet you should get back $1140. So you won $540.

Here's the reults:

7 $11.80 $6.40 $4.60

Answer 4

It's the final odds when the race goes off. It's parimutual betting. The bettors determine the odds.