15 2 Odds Payout
Going About the Payout
The most important thing about horse racing betting is the payouts, for at the end of the day its not enough to pick the right horse, but also wager on the right horse, meaning that a punter realizes when a horse is short priced or shows a decent price as a favorite and places a wager on that horse in order to collect bigger payouts. Many punters use a horse racing payout calculator so that they can keep good track of their stakes and possible payouts. This use of a horse betting calculator has improved the way punters approach horse racing betting.
This Bet Calculator allows bettors to calculate the potential Payout for any single bet and has a simple ‘Add Odds’ function to calculate the Payout for a multiple bet. It might be one of the most basic calculations in betting but using the Bet Calculator above will help bettors enhance their understanding of what betting odds represent.
Horse Racing Payout Calculator
Since nowadays many punters wager on more than horse and more than one race, the need for a calculation process that would concentrate all the wager and output the costs and payout figures has risen dramatically and created the need for a horse racing calculator to that just that and calculate the payout. The horse racing payout calculator comes in various ways depending on the wager type placed on the horse or horses. In the case of straight wagers, the horse racing payout calculator simply takes the odds, presented in decimal or fraction, and uses it together with the stakes laid on the wager to calculate the payout. This horse racing payout calculator usually holds a fraction converter for converting odds. Another type of horse racing payout calculator is the exotic wager horse racing payout calculator. This one is a bit tricky since the exotic payouts such as Trifecta or Superfecta derive from a separate wagering pool so there isn’t a way to know or calculate the payout until the payout is due to happen once the races are over. However, an estimation on the pool sum can be made by the horse racing payout calculator in order to give the punter a slight clue on the payout.
- For the total potential payout, you just add your initial stake to the potential profit. Using this Calculation. The two examples below show how this calculation works. Fractional Odds Payout Chart. The following chart shows some of the most frequently used fractional odds, along with their respective profits and total payouts based on a $10 stake.
- For a small additional fee, you can opt to use the Power Play option which will increase the prize payout for any non-jackpot win by a multiple of 2, 3, 4 or 5 (or possibly 10 when the estimated jackpot is less than $150 million) depending on which Power Play number is drawn.
Calculate Onwards
There is one approach in horse racing betting that has benefited from the development of today’s horse racing payout calculator and it’s referred to as let it ride. Let it ride means keep rolling the winning money onto other horse wagers in an attempt to strengthen the bankroll. This approach is very difficult to handle if not using a proper horse racing payout calculator. The horse racing payout calculator aids the punter with making decision by simplifying and clarifying all the possible scenarios in the let it ride scheme. The use of the horse racing payout calculator has contributed significantly to the variety of wager placing and different wager approaches by automating the calculation process thus making life a lot easier for the punters.
15 2 Odds Payout
In this Article we Present to You an Extensive list of the Most Commonly Used Terminology in Keno!
Today, you can play keno both offline as well as online. If you are new to Keno, you would do well to know the different terms used in the game. What is an ‘all or nothing’? Or a ‘ball game’? What does someone mean when he uses the term ‘buy-in tournament’? This article provides a glossary of these and some other terms used in Keno.
What Does 15/2 Odds Pay
The Most Important Keno Terms to Know
Keno: This is today’s version of an ancient Chinese lottery. You get to draw 20 numbers out of a total of 80 (nowadays the total is 120), and you win if you are able to correctly guess the numbers drawn.
All or Nothing: This is a term used in Keno to represent a ticket that pays only if you draw all the numbers picked, or if you draw none of the numbers picked.
Ball Game: This is the most common form of Keno nowadays. In this form of the game, plastic balls represent the numbers.
Blank: This is a term used to represent an unused Keno ticket.
Blower: The blower is part of the machine that is used to dispense the plastic balls used in Keno. With the blower, the game operator can force the balls into a tube, using air.
Buy-in Tournament: This is a type of Keno tournament where you have to pay a pre-determined fee upfront. Once you pay the fee, you are eligible to play in a specific number of games or play a set number of tickets. In a buy-in tournament, you get to keep any money you win.
Cage: The cage is no longer used in Keno games today. Basically, it was a wire cage used in the earlier days to hold Keno balls. Today, you mostly find plastic hoppers. The term ‘cage’ also denotes a specific area in a casino where only employees are allowed, and where you can find Keno workers.
Catch: This is a term used to denote a number that you have called in a Keno game.
Catch-all: This is a type of Keno game where you have to get all the numbers marked on your ticket. Another game is Catch-zero, where you must ensure you do not get any of the numbers that you have marked on your ticket.
Close: This is a term used to identify that period in time when the casino stops writing any more Keno tickets. The time period usually stretches from just prior to the draw till immediately after the draw.
Fractional Rate Ticket: This term is used to represent a ticket that you can play for a fraction of the standard rate.
High End Ticket: This term is used to refer to a Keno ticket that pays you more if you catch a high number of spots. However, if you catch a lower number of spots compared to the standard ticket, you win less or even no money.
What Do 15 2 Odds Mean
High Roller Ticket: This is a Keno ticket whose minimum pricing is high.
15/2 Odds Payout
House Edge: This term is used to represent the percentage of bets that the house, i.e. the casino, can hope to win over time. The standard house edge is 30%, though this number is not necessarily the same for all casinos.
Keno Glossary – Summing Up
15 2 Odds Payouts
The above are some of the terms that you will encounter when you start playing Keno. You would do well to read up more about the large number of terms related to Keno before going ahead and trying your luck at the game. We have further glossary lists on our site so check them out!