If i put £2.00 each way, at 16/1 and my horse came in third, What will i have won..??

Question

If i put £2.00 each way, at 16/1 and my horse came in third, What will i have won..??

Answer 1

you get £10 back but you win £6 cos you put out £4 on bet

Answer 2

Hi

It depends on the number of horses running. For instance if there are  quite a few runners as in the grand national, thr first four give winnings so, you'd get a quarter of the odds which is 4 times £2 = £8.

If it is a race with say only five horses probably only the first two give winnings.

For an each way bet in a race with a large field starting  if your horse wins you also get the winning odds of 16 times £2 as wel as the quarter odds.

David

Answer 3

A place in h**l.

Answer 4

your winnings will be what we call in yorkshire "nowt " or nothing, nada, zilch ! if your old enough go to the bookies and find out. you're not allowed to gamble if your under 18.

Answer 5

Congratulations on your win. I have to say, it won't change your life, but you should enjoy a nice wee return, as long as you don't give it all back to the bookie!

Answer 6

A gambling addiction

Answer 7

by my calculations 12 quid in total, that includes your placement of 2 quid each way

Answer 8

You will get a quarter of money so £2.00 x 16= £32, quarter of that is £8.00 + your £2.00 bet, so i make that £10.00