In modern horse racing, many bets allow Fractional (Flexi) Wagering. You can play a “20-cent Pick 6” ticket. But when the track announces a dividend of “$5,000”, that is usually for a $2.00 ticket.
This calculator clears up the confusion. It tells you exactly how much money hits your account based on your specific stake fraction and the pool size.
Pool Bet Payout (Pick 4/6)
Result...
When you hit a big exotic bet, the payout depends on how much of the pool you own.
- Net Pool ($): The total money in the pot after the track takes its commission.
- Winning Tickets (or Units): How many other people won?
- Base Ticket Cost ($): The standard unit the track uses to declare dividends (usually $1.00 or $2.00).
- My Wager ($): How much you bet on that winning line (e.g., $0.20).
Example: The 20-Cent Ticket
You won the Pick 6 with a $0.20 combination.
- Declared Dividend ($2.00 base): $10,000.
- Your Payout: Since you bet 10% of the base unit ($0.20 is 1/10th of $2.00), you win $1,000.
Frequently Asked Questions (FAQ)
What is “Flexi Betting”?
Flexi betting allows you to bet a percentage of the full unit stake. For example, if a full Pick 4 ticket costs $100, you can bet $10 for 10% of the dividend. This allows players with smaller bankrolls to cover more horses.