The Off Odds
are the public's offering to you
The "Off Odds" or "Tote" board odds show what a winning ticket will be worth
if that horse wins. It is calculated by sharing out the remaining proceeds of
the collected betting pool to all winning tickets. The Track's take and all
related expenses are taken from the betting pool before calculating the
payout. A $2 winning ticket will pay two times the Tote odds + 2 dollars.
The StkUltra Off odds analysis shows the predicted wins using StkUltra's
calculated probability function. When we set the odds of a horse at two to
one for example, we are predicting that the horse will average a win once in
three trys in today's company. We use that same function applied to the
number of horses that started at each odds value to show the public's
win predictions. The analysis then shows the number of times each odds number
won. The Needed Wins are the number of wins necessary to break even
for each odds number. When the actual wins are greater than the needed wins
on any odds number, you made a profit by betting every horse that started
at that odds number.
