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Think its something along the lines of -
stake x odds x (number of payouts divided by number of tied players Full details should be somewhere in T&Cs. |
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If the player you back has scored 5 goals then you will win your bet with no deductions.
If your player is tied on 4 goals with 2 others then 2/3rds of your stake wins and the other 1/3 is a loser |
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Hi-jacking this thread slightly, if I am betting on David Villa for top scorer and he finishes on five goals tied with two others, what price do I need to be backing him to ensure that my "winner" does not end up losing me money?
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2/1; then 2/3rds would lose and 1/3 win at 2/1 retruning your orginal unit stake. If you can find 2's Villa let me know and I'll get my wheelbarrow ready!
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Thanks Pythagoras. I will get back to you after the semi's to let you know where you can get 2/1.
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I attempted to mathematically price this up using a 5goal/4goal sliding scale (as one players chances of 5 goals went up the chances of the combined number of 4 goals went down by the same figure.
Villa 100% Klose 75% Schneider 67% Muller 54% Vittek/Higuain 40% Forlan 19.6% Suarez 8.6% Podolski 2.5% which came to 406.7% ..so obv a small error somewhere Rebased to 400% and giving an ad hoc figure of 2.5% to the rest of the field (which is less than the market price) it came up with the following prices Villa 1.00 Klose 1.36 Schneider 1.53 Muller 1.89 Vittek/Higuain 2.55 Forlan 5.2 Suarez 12 Podski 40 so the market looks quite accurate to me although partly will be due to my money betting to those prices |
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Of course I should be talking about Wesley Sneijder the Dutch footballer and not Roy Schneider from Jaws
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In a golf tournament, Tiger Woods wins, Vijay Singh finishes second, Phil Mickelson third, but five players tie for fourth. This creates a multiple dead-heat for fourth and fifth place.
So in this case, if you backed Luke Donald for £5 at 10.0 for a Top 5 finish and he finished in the tied group of players, you would receive Stake x Odds x No. of Payouts / No. of Tied runners = £5 x 10.0 x 2 / 5 = £20 |
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how much would i have got back on ernie els?
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