Horse Racing: How to calculate the cost of it in 2022

The term Daily Double is used to refer to picking the winners of two different races. It was used by horse bettors before Alex Trebek and Mayim Bialek.

There are bets that involve picking the winners of three or more consecutive races. Daily doubles are consecutive racing cards with two non-consecutive races on them.

Horse racing is complicated and expensive. How to calculate and keep track of the costs is a topic for another article.

Betting calculators are a way to calculate the cost of exotic wagers. They are used to make bets on the Kentucky Derby and Kentucky Oaks. In the case of the Derby, a minimum of $280.00 is needed to bet on all the horses. In 2022, the ticket for a double on Secret Oath and 80-1 Rich Strike netted a payoff of $973.20 for one dollar. This is a lot of money for betting on horses in a year. It's possible to win the race with a different combination of horses than with the original one.