Calculate your horse racing betting ROI (Return on Investment). Track profitability by comparing total wagered to total returns with win/place/show statistics.
Total money bet
Total money won back
Number of bets placed
Number of winning bets
Finished 2nd
Finished 3rd
ROI
+15.0%
Excellent
Total Profit
$150
Net winning
Profit Per Bet
$2
Average
Win Rate
18.0%
Good strike rate
ITM Rate
45.0%
45 of 100 in the money
Average Bet
$10
Avg return: $12
With a 15.0% ROI over 100 bets, you're a winning handicapper. For every $100 wagered, you return $115. Your 18.0% win rate with 45.0% ITM suggests a focus on value plays at longer odds.
Win/Place/Show Takeout
~16%
Outperforming
Exacta/Trifecta Takeout
~22%
Outperforming
Pick 4/5/6 Takeout
~25%
Outperforming
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Horse racing ROI (Return on Investment) measures your betting profitability as a percentage. Formula: ROI = (Profit ÷ Total Wagered) × 100. If you've wagered $1000 and have $1150 in returns, your profit is $150 and ROI is +15%. Successful horse racing bettors typically maintain 5-15% long-term ROI.
10-20%
Top handicappers
15-40%
Skilled exotic players
20-100%+
Pick 4/5/6 specialists
ROI (Return on Investment) measures your betting profit as a percentage of money wagered. If you've bet $2,000 total and your returns are $2,300, your ROI is (($2,300 - $2,000) ÷ $2,000) × 100 = 15%.
Due to track takeout (typically 15-25%), breaking even is difficult. A 5-10% ROI is considered good for recreational bettors. Professional handicappers aim for 10-20% ROI on win bets, though exotic specialists may achieve higher returns with proper bankroll management.
Track takeout (the house edge) ranges from 15% on win/place/show to 25%+ on exotic bets like Pick 6. To be profitable, you must overcome this edge through superior handicapping. A bettor who picks winners at random would have negative ROI equal to the takeout percentage.
Horse racing has high variance. You need at least 300-500 bets for your ROI to be statistically meaningful for win bets, and even more for exotic wagers. Short-term swings of ±30% ROI are normal even for winning bettors.
Yes, tracking WPS (Win-Place-Show) bets separately from exotic bets helps identify your strengths. Some bettors excel at spot plays on longshots (high ROI but lower win rate), while others profit from place/show betting on favorites (lower ROI but higher ITM%).