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everton1978
04 Apr 14 07:08
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Date Joined: 25 Feb 07
| Topic/replies: 656 | Blogger: everton1978's blog
Placed a 20 ew bet at 80/1 1/4 odds 1st five.  Tied for 3rd with four others.  What are the returns? Every time I go to a bookies these days they don't have a clue so would like to help speed the process along....cheers
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Report therhino April 4, 2014 7:24 AM BST
240 bucks is what you should get back.

5 winners sharing 3 places. Your winning stake on the place bet is reduced to 12. 12 X 20 = 240.

Google search Betfair dead heat calculator and download it. You'll never have to ask again.
Report everton1978 April 4, 2014 7:26 AM BST
Thank you very much. Downloading it now Happy
Report steviebees April 4, 2014 8:55 AM BST
Shouldn't the stake be returned bringing it up to £252.00?
Report kincsem April 4, 2014 9:26 AM BST
I make it 7 people for 4 places paid i.e. 1st, 2nd, 5 share 3rd = 7

Reduced stake at full odds
Stake is £20 place x 4/7 = £11.42857
Winnings £11.42857 x 20 = £228.5714
Return is £11.42857 + £228.5714 = £240.00
Report therhino April 4, 2014 9:36 AM BST
1st and 2nd did not dead heat kincesm, they won outright, so should be excluded from the dead heat calculations I believe.
Report saxon farm April 4, 2014 7:35 PM BST
Yes steviebees.

£252-00 is correct settlement.
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