# Do A Horse's Odds Directly Correlate to Exotic-Bet Payouts

**URL:** <https://boards.straightdope.com/t/do-a-horses-odds-directly-correlate-to-exotic-bet-payouts/964139>\
**Category:** Factual Questions\
**Created:** [May 8, 2022, 12:18pm UTC](https://boards.straightdope.com/t/do-a-horses-odds-directly-correlate-to-exotic-bet-payouts/964139 "2022-05-08T12:18:18Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![HeyHomie](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/heyhomie/32/207_2.png) [@HeyHomie](https://boards.straightdope.com/u/HeyHomie)\
**Post date:** [May 8, 2022, 12:18pm UTC](https://boards.straightdope.com/t/do-a-horses-odds-directly-correlate-to-exotic-bet-payouts/964139/1 "2022-05-08T12:18:18Z")

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Say Epitaph is at 5:1, Valentine at 6:1, and Paul Revere at 7:1. But those bets are Win bets only, aren’t they? Or do the monies bet on exotics (exacta, trifecta, superfecta, yada yada) also play into their odds? Like, can I calculate every exacta payout based on their Win odds alone? Will every exacta in which the finishers left the post with 5:1 and 6:1 odds pay the same payout?

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**Author:** ![don\_t\_ask](https://avatars.discourse-cdn.com/v4/letter/d/e68b1a/32.png) [@don\_t\_ask](https://boards.straightdope.com/u/don_t_ask)\
**Post date:** [May 8, 2022, 12:31pm UTC](https://boards.straightdope.com/t/do-a-horses-odds-directly-correlate-to-exotic-bet-payouts/964139/2 "2022-05-08T12:31:04Z")

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All the exotic bets have pools of their own, possibly with different percentages taken out. There is a relationship between the win prices and the expected exotic dividends. For average size fields that don’t include a short priced favorite they are usually fairly predictable. However, as they are still just a share of the pool they are not entirely uniform. In Australia there are 3 different state totes betting on most races so you get 3 different dividends for each exotic. Often they are very similar, sometimes with outsiders placing, they are wildly different.
