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How much does it pay?

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  • 14-04-2008 4:39pm
    #1
    dinjo99
    Registered Users Posts: 225 ✭✭


    20 euro each way on harrington.

    quarter odds top six.

    He finished tied fifth with two others.

    How do you work out winnings?


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    #2
    dsmythy
    Registered Users Posts: 10,517 ✭✭✭✭dsmythy


    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.


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    #3
    MarkOShea
    Closed Accounts Posts: 74 ✭✭MarkOShea


    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.


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    #4
    Paddy Irishman
    Registered Users Posts: 117 ✭✭Paddy Irishman


    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 ;)


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    #5
    dinjo99
    Registered Users Posts: 225 ✭✭dinjo99


    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.


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    #6
    MarkOShea
    Closed Accounts Posts: 74 ✭✭MarkOShea


    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.


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    #7
    Paddy Irishman
    Registered Users Posts: 117 ✭✭Paddy Irishman


    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. :(


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