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How Win Odds and Payouts Are Determined
| 1 |
100 |
99* |
409 |
409 |
820.00 |
| 2 |
200 |
99* |
209 |
209 |
420.00 |
| 3 |
400 |
99* |
101.5 |
101.5 |
203.00 |
| 4 |
800 |
50 |
50.25 |
50.2 |
100.40 |
| 5 |
1,600 |
24 |
24.625 |
24.6 |
49.20 |
| 6 |
3,200 |
11 |
11.812 |
11.8 |
23.60 |
| 7 |
4,800 |
7 |
7.541 |
7.5 |
17.00 |
| 8 |
6,400 |
5 |
5.406 |
5.4 |
10.80 |
| 9 |
8,400 |
7:2 |
3.88 |
3.8 |
7.40 |
| 10 |
24,100 |
3:5 |
.701 |
.7 |
3.40 |
| Total: |
50,000 |
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* Most Odds Boards in North America only display up to 99-1, regardless of how high the odds truly are.
Takeout = 18%
18% OF $50,000 = $9,000 TAKEOUT
50,000 - 9,000 Takeout = $41,000 to be divided among winning players.
$41,000 minus the amount wagered on the winner divided by the amount wagered on the winner = odds before breakage.
Example: # 6 has $3,200 wagered on him to win.
$41,000 - 3,200 = $37,800 divided by $3,200 = 11.812 before breakage or 11.8 -1 after breakage. 11.8 x 2 = 23.60 + $2.00 = mutual payout of $25.60.
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