What is the average payout on a favorite horse in a place bet?

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What is the average payout on a favorite horse in a place bet?

2007-01-22 08:01:26 · 3 answers · asked by dubak00 2 in Sports ➔ Horse Racing

3 answers

You can't average it. It all depends on the money wagered in each pool, and those vary quite a bit regardless of the win odds. However, the minimum pay out in most places on any bet is 1-9.

2007-01-22 13:12:30 · answer #1 · answered by Edward K 5 · 1⤊ 0⤋

In a favourite, the place bet might be over $2.00, maybe $2.250.

2007-01-23 22:28:02 · answer #2 · answered by peterboro_first 5 · 0⤊ 0⤋

all bet payoff's vary depending on the odds at post time....

2007-01-22 08:07:15 · answer #3 · answered by The Emperor of Ecstasy 5 · 1⤊ 0⤋