Dead Heat Payout Tampa Race 4?

[Kirbyjrt]

In Tampa today Race 4. Dead heat between 4 and 10. #10 went off at 5.50/1. #4 went off at 1.70/1. How are the win payouts calculated? Should it not be #4 $5.40 and #10 $13.00?


4 $3.20 $4.00 $2.60

10 $5.20 $5.60 $3.20

[tbwinner]

In Tampa today Race 4. Dead heat between 4 and 10. #10 went off at 5.50/1. #4 went off at 1.70/1. How are the win payouts calculated? Should it not be #4 $5.40 and #10 $13.00?


4 $3.20 $4.00 $2.60

10 $5.20 $5.60 $3.20

Payoffs in dead-heats are half of what they would be if there was a single winner. There were two winners so the pool is divided; the track does not just pay out both and make up the difference.

[Striker]

Those payouts that you have in your post would be the actual payouts for each of those horses individually if only that particular horse wins. So the #4 horse had about 38% of the win pool of $58,678(so about $22,297) and was 8-5 in the race. If the 4 would have won the race the payout on the win end would have been $5.40. The #10 horse had about 16% of the win pool(about $9,388) bet on him and was a litter higher(5.50) than 5-1 during the race and if he had won the race the payout would have been $13 on the win end. But since there was a dead heat the win pool is distributed(divided up) to all the winning tickets to the #4 and the #10 and hence you will never have the full(normal) payouts to the race time odds when there is a dead heat and winners of 2 horses have to be paid as opposed to just one horse being paid on the win end.

[Kirbyjrt]

Thanks guys. I had the 10 horse. He likes Tampa.

[therussmeister]

Essentially they calculate win dead heat payouts the same way they calculate place payouts, that's why they are very similar.