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