Cheltenham?

Question

if i backed a horse €2 each way and the horse came 2nd at 11-1. what do i win?

Answer 1

should be about 7 euro plus your stake of 2 euo based on quarter of the odds

Answer 2

All the races at Cheltenham are 1/4 of the odds for a placed horse.

Your stake is Euro 2.00 each way, so the total bet is 4 Euros.  You come out with 4.75 Euros.

Answer 3

Polo is right.

In future look for an online bet calculator which are on quite a few betting sites.

Answer 4

Your return would be €6.40 @ 1/5 odds, or €7.50 @ 1/4 odds.... That includes your stake money.

(edit) I don't know which one you backed, but Venalmar @ 11/1 (2nd) in the 1.05, and Kicks For Free @ 11/1 (2nd) in the 1.40 both paid 1/4 odds for a place, so your total return is €7.50...

Answer 5

11