For a $2.00 show ticket, my calculation in USD is as follows:
16 oz x 944 = 15104 x 2.2 (lbs per kilo) = 33228.8 divided by 1000 = 33.2288
33.2288 times 0.045 = 1.49 USD per share.
Right now the track pays better at 2.10 as the smallest payoff on a $2.00 bet Compared to the 1.49 on a 1.69 bet