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question

I know there are a lot of bogus tipsters out there.

One tipster says he is 'proofed to racing index'

What does this mean?

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masterK

It means Racing Index whoever they are keep track of his selections of a period of 3 months to ensure the figures they give for profits are correct. I wouldn't may much attention to it to be honest as there any many methods they use to get around the proofing.

InFront

Hi Im interested in racing but know absolutely nothing about gambling, just have a few questions and thought I might as well post them here as make a new thread.

1. What does it mean when a horse runs at 5/4? If you put 50 euro on him and he won, how much would you stand to earn (and do you also get back your original bet of 50 euro when you bet?)

2. Whats the difference between a horse running at 3-1 as opposed to 1-3?!

3. If you bet that a horse will be placed, and again put 50 euro on this, how do you work out your earnings should the horse come 1st/ 2nd/3rd/4th?

Sorry for the questions am not an exp gambler and this stuff is quite confusing!

finnpark

InFront wrote:

Hi Im interested in racing but know absolutely nothing about gambling, just have a few questions and thought I might as well post them here as make a new thread.

1. What does it mean when a horse runs at 5/4? If you put 50 euro on him and he won, how much would you stand to earn (and do you also get back your original bet of 50 euro when you bet?)

2. Whats the difference between a horse running at 3-1 as opposed to 1-3?!

3. If you bet that a horse will be placed, and again put 50 euro on this, how do you work out your earnings should the horse come 1st/ 2nd/3rd/4th?

Sorry for the questions am not an exp gambler and this stuff is quite confusing!

These questions are so easy even I can answer them.

1. At 5/4 it means 1.25/1, so for every £1 you bet you get £1.25 profit back if it wins. Yes you do get your stake back also if the horse wins. So if you hand over 50 euro to the bookie on a 5/4 shot that wins you should get back 50 euro + 62.50 = 112.50. This is assuming that you have taken the price of 5/4 or that you have taking the SP price which happens to be 5/4. (SP = Starting Price, ie the price the horse went off at).

2. 3/1 means you get £3 profit for every £1 you put on (get £4 back) if the horse wins, while 1/3 means that you get £0.33 profit for every £1 you put on (£1.33 back)

3. It depends on the race type, how many is in the race and sometimes the bookmaker in question. Example: 1-7 horses in race you only paid in placing 1st and 2nd while 8-15 in race means you get placings on 1st 3. You usually get 1/4 of the odds for handicap races (as these are generally more difficult to pick, in fact I don't back them at all usually) while you would get 1/5 of odds for races like Maidens and Novice races which are a lot easier to study and go more on form/ability etc.

fade2black

Hi infront, don't be afraid to ask any questions that you think will help you on the way. There are a lot of knowledgable folks on here and we'll all be more than happy to answer any questions you have along the way.

Welcome to the forum.