Parlay Formula 1
Allows you to take individual bets (Win, Place, Eachway or Quinella) over a number of races. The dividends are NOT RE-INVESTED on the next leg. Individual bets are placed only on single races. The cost is the sum of how many races you choose by the base investment. (I.e. A base investment of $1 for 3 races would cost $3). Any successful race will pay a dividend. The total dividend is the sum of all individual dividends.
Example:
Race 1 Number 6 WIN
Race 2 Number 4 WIN
Race 3 Number 5 WIN
Base Investment $1.00 = Total Cost of Bet $3.00
Dividends:
Race 1 Number 6 (WIN $3.70)
Race 2 Number 4 (WIN $5.20)
Race 3 Number 5 (WIN $4.00)
Total Dividend= $12.90 ($3.70 + $5.20 + $4.00)
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