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What would this pay?

  • 26-04-2005 2:44pm
    #1
    -oRnein9-
    Registered Users, Registered Users 2 Posts: 930 ✭✭✭


    If a horse comes in 3rd @ 8/1 with €10 e.w on it how much does that pay?
    I think it's just €20 is that correct.
    Thanks


Comments

  • #2
    PADDYPOKER
    Closed Accounts Posts: 422 ✭✭PADDYPOKER


    What's the place terms i.e. 1/4 or 1/5 of the odds?


  • #3
    -oRnein9-
    Registered Users, Registered Users 2 Posts: 930 ✭✭✭-oRnein9-


    I'm not sure it was "Native Beat" in the 1st race at punchestown today 1/4 I think.


  • #4
    bus77
    Closed Accounts Posts: 1,313 ✭✭✭bus77


    -oRnein9- wrote:
    If a horse comes in 3rd @ 8/1 with €10 e.w on it how much does that pay?
    I think it's just €20 is that correct.
    Thanks

    If it's a handicap you get 1/4, a quarter of the odds. So that's 5 euro @ 2/1 = 10, plus your fiver back. 15 euro total.


  • #5
    bus77
    Closed Accounts Posts: 1,313 ✭✭✭bus77


    -oRnein9- wrote:
    I'm not sure it was "Native Beat" in the 1st race at punchestown today 1/4 I think.

    Was'nt a handicap , so your at 1/5 odds.


  • #6
    -oRnein9-
    Registered Users, Registered Users 2 Posts: 930 ✭✭✭-oRnein9-


    bus77 wrote:
    If it's a handicap you get 1/4, a quarter of the odds. So that's 5 euro @ 2/1 = 10, plus your fiver back. 15 euro total.

    But I had a tenner e.w would that not mean 10 euro @ 2/1 plus tenner back .
    30 total.


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  • #7
    bus77
    Closed Accounts Posts: 1,313 ✭✭✭bus77


    -oRnein9- wrote:
    But I had a tenner e.w would that not mean 10 euro @ 2/1 plus tenner back .
    30 total.

    Ahh sorry, took the ten to meen total. Your right, 1/5 odds though.


  • #8
    okidoki987
    Registered Users, Registered Users 2 Posts: 10,624 ✭✭✭✭okidoki987


    Would it not be
    8/1 at 1/5 odds =1.6/1 X 10 = 16.00 plus your 10 back
    = 26 EURO in total you should collect
    FYG
    take away the 10 win, your NETT winnings is 6 Euro.


  • #9
    Healio
    Registered Users, Registered Users 2 Posts: 2,825 ✭✭✭Healio


    okidoki987 wrote:
    your NETT winnings is 6 Euro.

    Should read:

    your NETT winnings is 16 Euro.


  • #10
    okidoki987
    Registered Users, Registered Users 2 Posts: 10,624 ✭✭✭✭okidoki987


    Should read:

    your NETT winnings is 16 Euro.


    Eh No.
    10 e/w is 20 outlay
    win part loses, you lose 10
    place part comes up, so you get 16 (8/1 at 1/5) plus your 10 stake back=26
    so you collect 26 but you spent 20 so nett win is 6?

    So in my example you collect 26 but you've spent 20.


  • #11
    -oRnein9-
    Registered Users, Registered Users 2 Posts: 930 ✭✭✭-oRnein9-


    Yep payout was €26.


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  • #12
    Healio
    Registered Users, Registered Users 2 Posts: 2,825 ✭✭✭Healio


    okidoki987 wrote:
    Eh No.
    10 e/w is 20 outlay
    win part loses, you lose 10
    place part comes up, so you get 16 (8/1 at 1/5) plus your 10 stake back=26
    so you collect 26 but you spent 20 so nett win is 6?

    So in my example you collect 26 but you've spent 20.

    Well i see it as lost my ten on a win. Won 16 on a place.


  • #13
    okidoki987
    Registered Users, Registered Users 2 Posts: 10,624 ✭✭✭✭okidoki987


    Which is NETT 6 win on the total bet.


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