If a racehorse has odds of 5-2, what would the payout be on a $10.00 bet if he won?

To compute your $10 win price, take the odds (5 to 2) of your horse and multiply the first number by 10, then just divide that by the second number, and then add $2; that's (($10 * 5) / 2) + $2 which is equivalent to $27.

Please be aware that your actual payoff may differ, as the odds will change as bets are placed. Exact pay-outs will be determined by the odds that closed as the race started.

Just recently, California Chrome won the 140th Kentucky Derby in brilliant fashion at a bright and sunny Churchill Downs, adding another fairytale chapter to America's most famous and revered horse race. Find out more at Reuters.

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