Odds change daily and all wagers are considered action for the odds quoted at the time of the wager. If the tie was a betting option, then the dead heat rule does not apply. The Dead Heat Rule only applies to Future Wagers. For example, if there is a 3 way tie for the Top Scorer in a Football game. Then your winnings are calculated by taking your stake, dividing it by 3, and multiplying that amount by the odds on your betting ticket.
European prices are different from the North American style of odds.
In North America, money lines are used to determine the line. The 2.40 represents the entire amount wagered and won by the bettor.