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Old 09 April 2006, 09:00 PM
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yoza
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Default Horse racing types....

What should my Mum have recieved back on a £5 each way bet on HedgeHunter fixed price of 11-2 ?

She was given £11.88 surely this isnt right.

She only bets once a year, and if the bookies have ripped her, I shall have to pay them a visit.
Old 09 April 2006, 09:08 PM
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molko
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Originally Posted by yoza
What should my Mum have recieved back on a £5 each way bet on HedgeHunter fixed price of 11-2 ?

She was given £11.88 surely this isnt right.

She only bets once a year, and if the bookies have ripped her, I shall have to pay them a visit.
Yup, thats correct.

£5each way, means you are placing 2 bets.

bet 1) £5 on Hedgehunter to win - it didn't so you lost that bet.
bet 2) £5 on Hedgehunter to get a place (1st, 2nd, 3rd, 4th) - it did so you won that bet. A place always pays out a 1/4 of the odds. So (11/2 * £5) / 4 = £11.77 rounded up to £11.78
Old 09 April 2006, 09:12 PM
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yoza
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Thankyou for your swift reply, I shall put the balaclava back in its box.
Old 09 April 2006, 11:01 PM
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Fantom
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The answer is to never bet each way unless the odds are way above 4/1.

However, at least she got her money back
Old 09 April 2006, 11:07 PM
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2000TLondon
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Originally Posted by Fantom
The answer is to never bet each way unless the odds are way above 4/1.

However, at least she got her money back
The odds were 11/2 which is a point and a half above 4/1!

EW is the only way to bet if it's your once a year National bet. Generally EW becomes worthwhile above 33s, IMO.
Old 10 April 2006, 09:26 AM
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davegtt
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Originally Posted by 2000TLondon
The odds were 11/2 which is a point and a half above 4/1!

EW is the only way to bet if it's your once a year National bet. Generally EW becomes worthwhile above 33s, IMO.
Took the odds on numbersixvalverde at 11/1 put £1 on each way and collected £15.75. Gutted I didnt put £10 on now
Old 10 April 2006, 10:15 AM
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Freak
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I had £30 on numbersixvalverde (@12/1) and each ways on hedgehunter and cornsh rebel @6/1 each

If you live anywhere near me you would have heard me screaming at the tv in the final stages
Old 10 April 2006, 10:37 AM
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wwp8
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Originally Posted by Freak

If you live anywhere near me you would have heard me screaming at the tv in the final stages
this is what i don't understand
theres a lady at the bookies i go to who stamps her feet and waves her fist
when the horses run, theres some who scream and shout.


but i'm sure the horses can't hear you
Old 10 April 2006, 10:45 AM
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Freak
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I take the **** out of people yelling at football or rugby...... I wouldnt normally, but I had a lot of cash at stake!
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