How much will i win if i bet 10 pound each way on a horse at 14/1?

Question

How much will i win if i bet 10 pound each way on a horse at 14/1?

Answer 1

It depends on if it wins or is placed and whether the place odds are a 1/4 or 1/5. Your bet will cost you £20. Thats £10 for the win and £10 for the place.

If winner then

1/4 odds

14 x 1.25 + 2 x £10 = £195

1/5 odds

14 x 1.2 + 2 x £10 = £188

If placed at 1/4 odds

14 / 4 + 1 x £10 = £45

if placed at 1/5 odds

14/5 + 1 x £10 = £38

Answer 2

ap mcoy has it spot on