ChatterBank2 mins ago
Grand National
8 Answers
Can someone explain how the betting works - my family all had a bet today but it was all a bit hit and miss because non of us quite understand the language.
Thanks (btw there was a winner amongst us) !!!
Thanks (btw there was a winner amongst us) !!!
Answers
Best Answer
No best answer has yet been selected by tillyh345. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.If you had £1 each way on a horse you're making two bets. £1 is bet that it will win the race, the other £1 that it will be 'placed'. That means in the first 4.
If you backed a 10-1 winner your £1 to win get you £11. Your £1 place bet get you 1/4 of the odds of a win 2.5/1=£3.50
So, £1 EW on a 10-1 winner gives a return of £14.50
If you backed a 10-1 winner your £1 to win get you £11. Your £1 place bet get you 1/4 of the odds of a win 2.5/1=£3.50
So, £1 EW on a 10-1 winner gives a return of £14.50
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Each Way Betting
No. of Runners/Type of Race Place Terms
2-4 runners No place betting allowed
5-7 runners 1st and 2nd one quarter the odds
8+ runners 1st, 2nd and 3rd one fifth odds
Handicaps 12-15 runners 1st, 2nd and 3rd one quarter odds
Handicaps 16+ runners 1st, 2nd, 3rd and 4th one quarter odds
No. of Runners/Type of Race Place Terms
2-4 runners No place betting allowed
5-7 runners 1st and 2nd one quarter the odds
8+ runners 1st, 2nd and 3rd one fifth odds
Handicaps 12-15 runners 1st, 2nd and 3rd one quarter odds
Handicaps 16+ runners 1st, 2nd, 3rd and 4th one quarter odds