In sports betting, a “horn bet” is a type of accumulator parlay bet that involves four teams and three different outcomes. It’s a combination of two if-bets and a parlay. Specifically, the horn bet includes the following:
1. A parlay on the first two teams.
2. An if-bet on the third team, which is contingent on the first two teams winning.
3. An if-bet on the fourth team, which is contingent on the first two teams and the third team winning.
The payouts for a horn bet can vary depending on the odds of each team involved and the sportsbook’s specific pay table. Typically, horn bets offer a higher payout because they are more difficult to win, involving multiple legs that all need to win for the bet to pay out.
As for the actual payout, it’s not a fixed amount. If you’re asking about a $5 horn bet, the payout would depend on the odds of each team winning. For example, if each team is a -110 favorite (which is a common odds line), the payout could look something like this:
– If the first two teams win, the parlay pays out at a certain rate.
– If the third team also wins, the if-bet pays out at a higher rate.
– If all four teams win, the overall horn bet pays out at the highest rate.
Let’s assume the parlay pays out at 6/5 odds for two teams at -110, and the if-bets pay out at 3/1 odds. This is a hypothetical scenario and actual odds may vary.
– If only the first two teams win, you might get $10 back (your original $5 plus $5 in winnings).
– If the first three teams win, the payout could be $20 back (your original $5 plus $15 in winnings).
– If all four teams win, the payout could be $40 back (your original $5 plus $35 in winnings).
These are just examples, and the actual payout could be different based on the true odds of the games and the sportsbook’s pay table. To find out the exact payout for a $5 horn bet, you would need to know the odds of each team winning and the sportsbook’s specific payout structure for horn bets.