Your runner must finish 1st in a race to win the 'Win' the bet.
You placed a $50 Win bet (total stake $50) at Win odds of 12.00 and your runner finished 1st in the race.
Calculate the Win return
Return = Stake x Odds
Win (Profit) = (Stake x Odds) less Stake
Total amount bet (stake): $50
Return: $600 (Stake $50 x 12)
Win (Profit): $550 (stake $50 x 12 less the stake $50).
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