The final step is for that amount to be added back into the winning bet amount. The amount of winning dollars is then subtracted from the total pool, and then the remaining pool is divided by the amount of money bet on the winner. Payouts for exotic bets are also calculated in a different way, as 15% of the amount left after the house takes its cut is divided between the winners. However, most of the top online sportsbooks offer probable payouts for certain wagers like the Exacta.
Exotic bets do not have exact horse racing odds due to the many variables involved with them. While Win bets are easy to calculate based on the chart above, exotic bets can be more tricky. You select the first-, second-, third-, and fourth-place finishers of a race in the exact order. You select the first-, second-, and third-place finishers of a race in the exact order. You select the first- and second-place finishers of a race in the exact order.
