What is a Dead Heat?
A Dead Heat occurs when two or more competitors finish tied in a race (usually in horse racing and greyhound racing). In a two-way dead heat, odds
are paid to half the stake
. For example, if you placed $24 on a horse at +900
), it would return $120 (12 x $10.00
). In a three-way dead heat, odds
are paid to one third of the stake
. Using the same example, it would return $80 (8 x $10.00