Quote:
Originally Posted by ZippyChippy423
Why do Canadian tracks show prices in US dollars?
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The simple answer is that they don't. You see the prices in Canadian dollars.
The prices are set by the odds (which you knew) and it just happens that we both have a currency named a Dollar. A 2/1 winner pays 6 'dollars' whether US or CAD because of the odds not the currency.
If you were betting in Canadian dollars and getting a US dollar payoff then you would see different payoff numbers but you are betting US$ and getting paid in US$.
Today, your $100US bet is equivalent to about $135CAD. This is the amount that goes into the pool and is used to calculate the odds. If you get an even money payoff you get back the equivalent of $270CAD or $200US.
