New Posts For Thread: How are placings worked-----?https://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----Out , I backed HARRINGTON top 5, he tied 8th, so I divided my returns by 8 and then took the resultant figureas 5/8, but my actual returned figure is less than I had expected?The bet was with Betfair and as you know win bets and place bets are separate, my win bet was much smaller staked than the place bet, but since the place bet came up I just wanted to know how to work out the place for future reference, of the fifth phttps://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520967577#520967577The bet was with Betfair and as you know win bets and place bets are separate, my win bet was much smaller staked than the place bet, but since the place bet came up I just wanted to know how to work out the place for future reference, of the fifth pMon, 18 Jun 2012 13:10:24 -0500Precisely why I dont bet each way. Nearly always a nightmare with diluted returns which are hard to calculate!https://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520957183#520957183Precisely why I dont bet each way. Nearly always a nightmare with diluted returns which are hard to calculate!Mon, 18 Jun 2012 08:12:37 -0500Yes, P Haigh is correct in case of 6 places, where thered be 3 places to split between the 5 T4= players; a slip on my part!https://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520956717#520956717Yes, P Haigh is correct in case of 6 places, where thered be 3 places to split between the 5 T4= players; a slip on my part!Mon, 18 Jun 2012 07:57:57 -0500Although they may describe the calculation in another way,that is basically what you should get.https://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520954909#520954909Although they may describe the calculation in another way,that is basically what you should get.Mon, 18 Jun 2012 06:52:42 -0500Gileo1 is correct,Betfair should pay you 2/5 ths of your stake to the odds,as the 1st 3 places were covered and 5 shared the next spothttps://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520954855#520954855Gileo1 is correct,Betfair should pay you 2/5 ths of your stake to the odds,as the 1st 3 places were covered and 5 shared the next spotMon, 18 Jun 2012 06:50:30 -0500Not correct regarding firms paying 6 places - you get 3/5ths of the full place return, not 3/6ths or half.https://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520954141#520954141Not correct regarding firms paying 6 places - you get 3/5ths of the full place return, not 3/6ths or half.Mon, 18 Jun 2012 06:19:45 -0500if you backed with ew terms of 5 places, you will get 2/5 of place profit because the top three all fully came in the top 5 and will have paid out fully, whilst harrington and the others have to share the other 2 bookies' place spots (ie. 4th and 5thhttps://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520951403#520951403if you backed with ew terms of 5 places, you will get 2/5 of place profit because the top three all fully came in the top 5 and will have paid out fully, whilst harrington and the others have to share the other 2 bookies' place spots (ie. 4th and 5thMon, 18 Jun 2012 03:24:57 -0500he finished 4th but but dead heat rules applyhttps://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520950477#520950477he finished 4th but but dead heat rules applyMon, 18 Jun 2012 01:22:14 -0500I have been paid, but less than expected.https://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520949973#520949973I have been paid, but less than expected.Mon, 18 Jun 2012 00:24:26 -0500He finished TIED 8th, because the winner was one over, the two tied third were 2 overand the next 5 were 3 over, hence he was judged to have finished in the top 5, but like a dead heat his odds were reduced, I am asking how the returns are worked outhttps://community.betfair.com/golf/go/thread/view/94086/29185137/how-are-placings-worked-----?post_id=520949963#520949963He finished TIED 8th, because the winner was one over, the two tied third were 2 overand the next 5 were 3 over, hence he was judged to have finished in the top 5, but like a dead heat his odds were reduced, I am asking how the returns are worked outMon, 18 Jun 2012 00:23:26 -0500