Work out my winnings please - easy 10 points!?

Question

I had a bet on a horse today at Newmarket.

I bet £7.50 each way on Talayeb.

It was 14:1 and it came 2nd

what will I get for that???

will it be alot?

thankyou x

Answer 1

assuming ¼ odds for the place, and your bet was £7.50 ew, total stake £15, then you will get £7.50 x 18 ÷ 4 = £33.75.

this includes £7.50 worth of stake returned to you.