How much does it pay?

dinjo99 · 14-04-2008 3:39pm #1

20 euro each way on harrington.

quarter odds top six.

He finished tied fifth with two others.

How do you work out winnings?

dsmythy · 14-04-2008 5:39pm

Quarter the odds. Then apply the 20 euro place bet onto it. Take that plus your 20 back and that ought to be your return.

MarkOShea · 14-04-2008 6:17pm

What odds did you back him at? I presume most firms were 1/4 odds, first 5 places for this. Because there was 3 in 5th I think you only get 1/3 of the place bet. So it would be 1/4 the odds times €6.67, plus €6.67 stake.

Paddy Irishman · 14-04-2008 6:51pm

I often found calculating each way golf bets confusing until I found this site http://www.bettingmad.com/settling.asp#4. Padraig was generally 25/1 at the start. So it works out as €20 multiplied by places paid which are 5th & 6th divided by number of dead heaters (3) and that figure applied at full odds which is 25/4 (6.25). So €20*2/3 = €13.33. €13.33*6.25+€13.33 = €96.64. Nice work

dinjo99 · 14-04-2008 6:53pm

MarkOShea wrote: »

What odds did you back him at? I presume most firms were 1/4 odds, first 5 places for this. Because there was 3 in 5th I think you only get 1/3 of the place bet. So it would be 1/4 the odds times €6.67, plus €6.67 stake.

backed him at 25/1 and they were definitely paying top six a place.

MarkOShea · 15-04-2008 8:48am

Paddy Irishman wrote: »

€96.64.

Spot on. They were paying 2 places between the 3 ties so it's 2/3 the stake. And you're right about golf bets being a nightmare to work out! I used to work in a shop a bit and always got lumped with the manual sports bets at the end of the day. Not fun.

Paddy Irishman · 15-04-2008 2:05pm

It pays to shop around though. I know of one firm who were going 1/4 odds first 7 places and their prices were in line with everyone else. In this case the OP would have got the full €20 place at odds of 7.25 an extra €48.36 for the same bet.

How much does it pay?

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