You’re betting on horse races and want to know how much your winning bet will give you. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second number, and then add $2 — simple as that! Following is a list of payoffs at various odds for quick reference:
| Odds | $2 Payoff | Odds | $2 Payoff | Odds | $2 Payoff |
|---|---|---|---|---|---|
| 1/9 | $2.20 | 8/5 | $5.20 | 7/1 | $16.00 |
| 1/5 | $2.40 | 9/5 | $5.60 | 8/1 | $18.00 |
| 2/5 | $2.80 | 2/1 | $6.00 | 9/1 | $20.00 |
| 1/2 | $3.00 | 5/2 | $7.00 | 10/1 | $22.00 |
| 3/5 | $3.20 | 3/1 | $8.00 | 11/1 | $24.00 |
| 4/5 | $3.60 | 7/2 | $9.00 | 12/1 | $26.00 |
| 1/1 | $4.00 | 4/1 | $10.00 | 13/1 | $28.00 |
| 6/5 | $4.40 | 9/2 | $11.00 | 14/1 | $30.00 |
| 7/5 | $4.80 | 5/1 | $12.00 | 15/1 | $32.00 |
| 3/2 | $5.00 | 6/1 | $14.00 | 16/1 | $34.00 |