What will i get back with 11-2 winner an 20-1 winner in 20p ew round robin?

Question

What will i get back with 11-2 winner an 20-1 winner in 20p ew round robin?

Answer 1

The winnings on this bet depend on the place odds that the bookmaker is offering.

In horse racing it is generally 1/4 or 1/5 odds.

If both are a 1/4 odds the return is £50.08

If both are a 1/5 odds the return in £48.56

One could be 1/4 and the other 1/5 odds and this scenario will give you a return between the two above.

If this bet has been placed on a sporting event and you are getting 1/2odds then the return could be £59.30 for you £4 stake.