Betting Calculators Take the Guesswork out of Playing the Ponies

by Drf Bets Sports Horse racing enthusiasts know that there can be much more to betting on races than just picking a winner. Over the past century, the available parimutuel wagers have evolved from the simple win, place, or show bets to perfectas (a.k.a. exactas), quinellas, trifectas, superfectas, daily doubles, pick sixes and more. Box, wheel and key options add even more complexity to the choices, leaving some feeling like they need a mathematics degree just to figure out the cost of their bet. Time is money, and a horse race betting calculator can make the process of determining the cost of an exotic wager much easier and faster.

The Mathematics of Horse Race Wagering

In the early days of parimutuel horse racing, wagering was simple—you placed your bet for win, place or show and the odds paid out accordingly. The advent of exotic wagers like perfectas, trifectas and superfectas essentially allowed the bettor to make multiple bets for a race or group of races on a single ticket. Although this was convenient, the process of determining how much a bet will cost became much more complicated. Depending on the type of bet, adding a single horse could double, triple or quadruple the cost of a wager. Even veteran gamblers often need a calculator or sheet of paper to work out the numbers. Luckily, those with access to the Internet can employ a horse racing bet calculator to lighten the load.

Finding a Betting Calculator

Finding a free horse race betting calculator online is easy. Your favorite search engine will lead you to dozens of options. Often, individual racetracks will host their own calculator on their website. Other racing-related websites, such as those that produce racing forms and sell past performance data, may also provide access to a betting calculator. Sites that feature online wagering will have a calculator available as part of the betting process, so you can see the cost before you place the bet. Not all calculators will be the same, some will have more features or will be easier to use. There should be enough free options available for you to find one that works for you.

Using a Betting Calculator

Although not every horse racing bet calculator is the same, they all have the same basic functionality. The user enters the base wager amount (some tracks allow as low as ten cents for higher exotics like superficials and pick sixes) and the type of wager. The calculator will then prompt the user to enter the selected horses into each betting position. Most calculators will have an option to “box” or “wheel” the wager and will adjust the total cost accordingly. Once the information is in, the calculator then displays the full dollar amount of the desired wager. Many calculators will also display each individual betting permutation.

Ready for Post Time

Serious horse racing fans can spend hours at a time poring over programs and racing papers, crunching numbers and monitoring odds to prepare for their wagers. Computing the cost of exotic bets shouldn’t unnecessarily eat into those hours. A free and easy horse race betting calculator can save wagerers valuable time so they can spend it on the serious business of handicapping.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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