If I was to put 1,000 on a horse that won how much would I get back?

Question

This is about the kentucky durby horse: Street Sence.

Answer 1

It depends on the odds of that horse. If the odds of the horse winning were 80 to 1 (bad horses have odds like this) you would get $80,000!

  If the horse is popular and wins a lot then the odds wont be high and you wont win as much. The people who win the most bucks are people that bid on 2-3 horses at a time ( not for the win but for exactas etc..), or if one of those unlikely horses come in first.

Answer 2

The odds were 9:2 on Street Sense. That means that you would win $4500 dollars. I don't see why you would risk that much, though.

Answer 3

Kentucky DERBY winner, Street SENSE would probably get you $11,000.

Not bad!

But would you have been willing to bet the $1,000 on a single horse?

Answer 4

Street Sense paid eleven dollars and change.  Not sure if that's for one dollar or two.  Race betting is tricky.

I Cr 13;8a

http://answers.yahoo.com/question/index;...

Answer 5

Street Sense went off at 9-2. That means that a $2 win ticket paid $9 so for a $1000 win ticket the take would be $4,500 ($1000/2=500 * 9 =$4,500)

Update: The payoff on a $2 win was 11.80 so your 1,000 bet would have paid $5,900

Now for some serious money a $1000 superfecta (500 $2 tickets, pick the 1st, 2nd, 3rd and 4th place horse) would have won you $11,023,200