Average superfecta payout

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  • Nick81aku
    SBR Rookie
    • 10-16-09
    • 2

    #1
    Average superfecta payout
    Given: There are Nine horses racing and I place a 10 cent wager on a combination of four horses. Say that my combination (in the correct order) was the actual result. What would the average payout be for this scenario?

    Thank you!
  • Art Vandeleigh
    SBR MVP
    • 12-31-06
    • 1494

    #2
    Hmmm...let's see.

    There are 9x8x7x6= 3024 unique superfecta combinations for 9 runners

    So the average payout, in theory, should be (3024 combinations) x (10 cents/combo) * 75% ( % payout returned after track take) = $226

    Sound right to you?
    Comment
    • Nick81aku
      SBR Rookie
      • 10-16-09
      • 2

      #3
      Makes sense to me. Is that 75% return payout typical? In otherwords, is 75% the average or is that the standard. Im obviously new to this!
      Comment
      • Art Vandeleigh
        SBR MVP
        • 12-31-06
        • 1494

        #4
        I think it's a reasonable average among North American tracks, win place show wagering is usually less, around 16-18% takeout.

        If you're really new you should also consider breakage.

        For example if you're making a show wager you may see a payoff of $2.80 for a $2 bet. This would equate to odds of 1.40-1.

        However, the actual show calculation made in the betting pools may have been anywhere from 1.40-1 to 1.49-1. The amount paid off is then REDUCED to the lowest 1/10 (and of course the track keeps this extra amount). So in the case where the true mutuel pool odds were 1.47-1, and you should be getting a show payoff of $2.94 for a $2 bet, instead you get $2.80.

        Percentage-wise this is a huge loss, in addition to the 16-18% takeout. You are fighting track takeout AND breakage when you bet show (and win & place as well) and a big reason why it is so difficult to profit with these types of bets.
        Last edited by Art Vandeleigh; 10-19-09, 06:45 AM.
        Comment
        • floridagolfer
          SBR MVP
          • 12-19-08
          • 2757

          #5
          The easiest way to answer the original question is to go to drf.com, find a track and look at the superfecta payouts over the course of a month or so. This can be done in less than an hour.
          Comment
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