Can anyone tell me how much i have won?

Question

I put £4 (2 each way) on the winning horse at 7-1 odds and i also had the same money on the horse that finished 4th at 12-1 odds.

Thanks

Answer 1

The winner gives you £2 * 7/1 + £2 *7/5 = £16.80

The 4th place is £2*12/5 = £4.80

I've assumed you get 1/5 the odds for your e/w. If your bookie gives 1/4 the odds then you'll get a bit more.

Oh yeah and your 4£ stake for the 1st horse and £2 stake for the 4th horse.

Answer 2

£23.50 + £6 stake money back = £29.50

Winning horse

£2 win bet @7:1 = £14 + £2 win stake = £16

£2 place bet@ 1/4 of 7:1 = 1.75:1 = £3.50 + £2 place stake =£5.50

4th placed horse

£2 place bet @1/4 of 12:1 =3:1 = £6 + £2 place stake = £8

Therefore you will clear £21.50

£29.50 - £8 stake

Answer 3

£21.50 for the one the horse that won.

£8 for the horse that came 4th.

so £29.50

Answer 4

I  PUTT 1 POUND  EACH WAY  ON SNOWY MORNING  AT 16 TO 1