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  2. Daily double - Wikipedia

    en.wikipedia.org/wiki/Daily_double

    Examples of large payouts on $2 daily double wagers include $10,772 in 1939 ($235,953 in 2023) at Washington Park Race Track in Illinois, [13] $6,683 in 1972 ($48,679 in 2023) at Gulfstream Park in Florida, [14] $8,693.60 in 1990 ($20,275 in 2023) at Freehold Raceway in New Jersey, [15] and $6,953 in 1999 ($12,717 in 2023) at Turf Paradise Race ...

  3. Each-way - Wikipedia

    en.wikipedia.org/wiki/Each-way

    A £10 each-way single on a 10-1 selection in a horse race and paying 1 ⁄ 4 the odds a place 1, 2, or 3 would cost £20. Returns on the win part of the bet would be £10 × (10/1 × 1) + stake = £110 (£100 winnings + £10 stake) Returns on the place part of the bet would be £10 × (10/4 × 1) + stake = £35 (£25 winnings + £10 stake)

  4. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Using a five horse box trifecta, the bettor may wish to lay only $20 on the outcome. Their percentage of winnings is now calculated as $20/$60 = 33.3%. If the bet is successful, the payout will be 33.3% of the winning amount for a full unit bet. In recent times the "Roving Banker" variant for Trifecta and First4 betting is now offered. For a ...

  5. White Abarrio wins $3 million Pegasus World Cup with ... - AOL

    www.aol.com/white-abarrio-wins-3-million...

    White Abarrio won the $3 million Pegasus World Cup by 6 1/4 lengths at Gulfstream on Saturday. Sent off at 5-2 odds, White Abarrio paid $7.60, $3.80 and $3. Locked returned $3.20 and $2.40, while ...

  6. Purse distribution - Wikipedia

    en.wikipedia.org/wiki/Purse_distribution

    In 1975, the state of Florida enacted a purse-distribution format that has had revolutionary implications for the sport of horse racing in the United States: Its adopted plan provided 1% of the purse to all finishers in the race lower than fourth; this meant that the percentages paid out to the horses finishing second, third and fourth (but not ...

  7. 2002 Kentucky Derby - Wikipedia

    en.wikipedia.org/wiki/2002_Kentucky_Derby

    He completed the 1 + 1 ⁄ 4 miles in 2:01.13, then the seventh fastest Derby in history. Another longshot, Proud Citizen, finished second, resulting in an exacta payout of $1,300.80 for a $2 bet. Another longshot, Proud Citizen, finished second, resulting in an exacta payout of $1,300.80 for a $2 bet.

  8. How To Turn a $5 Horse Bet Into $100 - AOL

    www.aol.com/finance/turn-5-horse-bet-100...

    It's Derby Week, with the first leg of horse's Triple Crown - the Kentucky Derby --- to be run on Saturday. The Run for the Roses, as it's called, is expected to draw more than 150,000 to Churchill...

  9. 2002 Breeders' Cup betting scandal - Wikipedia

    en.wikipedia.org/wiki/2002_Breeders'_Cup_betting...

    After having the Catskill techs reinsert the tape, he bet on every horse running in the Turf and Classic, assuring that he would win. [2] The plan worked, and they were able to turn their original $1,152 bet into almost $3.1 million in winnings--$2.57 million for winning the Pick 6, plus $498,000 in consolation prizes for picking five out of ...