horse racing newbie... have i been paid right?

£344 I think, but I am midway thru a bottle of fizz

£40 fellow wolves fan

Forget it, just seen the second was only placed

£23.80 then.

Agree with the £40 quote

or even £23.20

£36 if the 4-1 winner was 1/5th the odds

£40

Spot on alleged

if both are 1/4 odds then £40 if the 1st selection is 1/5 the odds a place then £36  as odds for placings are 4-5 and 3-1   so its 6.2-1  so for £5, its £36.