I heard about a bet called 9-2 bet, but I'm not sure what it exactly means. Can someone explain to me what a 9-2 bet is, and possibly provide some examples or scenarios where it's used?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Elena
    Sat Dec 28 2024
   
  
    Betting on a horse at 9-2 odds can be quite lucrative.
  
  
 
            
            
  
    
    Alessandro
    Sat Dec 28 2024
   
  
    When a horse wins at these odds, it will return $4.50 for every $1.00 wagered.
  
  
 
            
            
  
    
    NavigatorEcho
    Sat Dec 28 2024
   
  
    For instance, if you had placed the minimum bet of $2 on this horse, your payoff would be calculated as follows.
  
  
 
            
            
  
    
    Valentino
    Fri Dec 27 2024
   
  
    Multiply the odds by the number of $1 units wagered and then by the total amount bet.
  
  
 
            
            
  
    
    Nicola
    Fri Dec 27 2024
   
  
    In this case, it would be $4.50 x 1 x $2, which equals $9.01.