Out , I backed HARRINGTON top 5, he tied 8th, so I divided my returns by 8 and then took the resultant figure as 5/8, but my actual returned figure is less than I had expected?
He finished TIED 8th, because the winner was one over, the two tied third were 2 over and 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 out in that instance!!!!!!
He 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 out
if 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 5th = 2 remaining spots, between 5 of them). effectively 2/5 of your place bet won and 3/5 lost.
if you backed with 6 places then half (3/6) of your place bet will have won and half lost
if 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 5th
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 placed there were 8 players involved, I would have been worse off if I had backed for ten places because there were 14 involved.
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 p