Why are bets on Horses always $2?

Question

Why are bets on Horses always $2?

Answer 1

new york flat tracks minimum is $1 on win, place, show, dd, ex.

Answer 2

$2.00 is the base bet.....you can bet a million if you have it...

if you bet $25.00...you get paid 12.5 times the winning amount for $2.00.

Answer 3

You sure about that? I think it is now a minimum of $2 and the sky the limit after that

Answer 4

there not, lots of tracks offer 10cent supper's, 50 cent tri's and $1 exacta's, doubles, pick3's, pick4's, the minimum wagers vary between different tracks.

Answer 5

in some places the minimum is $1, $2, and even$5, in honk kong i think the minimum win is$10 h.k.

Answer 6

They do have $!.00 bets