How do you figure payouts for wagers larger than 2 dollars in horse racing Example If you have a 5 dollar Show winning ticket The horse you bet on pays 7 dollars to show if you placed a 2 dollar bet?

Divide the size of your bet by 2, then multiply the result by the payoff. For example, if you bet $2, and your horse paid $7.00 to show, your payoff would be (2 ÷2) X $7.00, or $7.00. If you bet $35 to show on a horse paying $7.00, your payoff would be (35 ÷2) X $7.00, or 17.5 X $7.00, or $122.50.