Pool Bet Payout Calculator (Pick 4 / Pick 6)

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.

How to Calculate Your Share

When you hit a big exotic bet, the payout depends on how much of the pool you own.

1. Net Pool ($): The total money in the pot after the track takes its commission.
2. Winning Tickets (or Units): How many other people won?
3. Base Ticket Cost ($): The standard unit the track uses to declare dividends (usually $1.00 or $2.00).
4. My Wager ($): 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)