andyd12345 3:06 Mon Jul 3
What should my return be?
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I backed Johnson Wagner at the Quicken Loans PGA Golf, £20 E/W at 250/1 with Coral who were paying 7 places at 1/5 of the odds
He ended up coming tied 5th, but tied with 7 other players...
So do I get 3/8ths of a full payout, plus my stake?
e.g 250 / 5 = 50/1
50/1 X £20 = £1,000
£1,000 / 8 X 3 = £375
Plus my £20 stake = £375?
I have little faith that the bird in the shop will be able to work it out correctly so I wanted to make sure I'm right before I go in there.
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Replies - Newest Posts First ( Show In Chronological Order)
Dan M
12:15 Tue Jul 4
Re: What should my return be?
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It's ONE MILLION POUNDS.
EOT.
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tiddingtoniron
11:36 Tue Jul 4
Re: What should my return be?
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Ha..apologies...actually if I had read it properly
£20 @50/1 = £1,020
Divide by 8
Multiply by 3
= £382.50
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tiddingtoniron
11:33 Tue Jul 4
Re: What should my return be?
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£20 @50/1 = £1,020
Divide by 7
Multiply by 3
= £437.14
I am sure this is correct.
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On The Ball
11:11 Tue Jul 4
Re: What should my return be?
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And only about 30 different answers on here!
You should have done it online....
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bill green
11:08 Tue Jul 4
Re: What should my return be?
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what bigst said I think
you only get the stake back on the 3/8ths that was a winner
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andyd12345
10:55 Tue Jul 4
Re: What should my return be?
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I'm not convinced that they know what to do either. I went in there after work yesterday to collect and they said it hadn't been settled yet, and to come back this morning. Went in this morning and still hadn't been done - the woman just said "I'm going to have to manually translate" (whatever that means) so I'll go back again this evening!
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jayjones
9:50 Tue Jul 4
Re: What should my return be?
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Just go to said bookies, hand the slip over and collect your money.
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bigst
9:32 Tue Jul 4
Re: What should my return be?
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Easiest way is what the return would of been with no ties (£1020) divided by 8 x 3 = £382.50
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bigst
9:32 Tue Jul 4
Re: What should my return be?
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Easiest way is what the return would of been with no ties (£1020) divided by 8 x 3 = £382.50
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bigst
9:28 Tue Jul 4
Re: What should my return be?
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Yea fuck knows what I did there so total returns will be £382,50.....I think lol
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SurfaceAgentX2Zero
9:25 Tue Jul 4
Re: What should my return be?
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erm - surely £7.50 at 50/1 is £375?
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bigst
9:16 Tue Jul 4
Re: What should my return be?
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3/8 of the stake at full odds 250/5 (50/1} so basically £7.50 at 50/1 = £127.50
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Takashi Miike
9:03 Mon Jul 3
Re: What should my return be?
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Huggie but like Sam said, there was a top four and 6th and 7th unused so two from the 8 go to 5th & 6th and youre left with 6 in 7th :.)
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Huggie
7:32 Mon Jul 3
Re: What should my return be?
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Takashi Miike is correct but using the wrong numbers.
8 way tie so 20÷8 = 2.50
odds 250/1 e/w therefore 50/1
payout 2.50 x 50 = 125 + 2.50 = £127.50 total
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Takashi Miike
6:25 Mon Jul 3
Re: What should my return be?
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no, there are 7 allocated place pay outs, 7th place if there are no ties. with 8 tieing for 5th there were 12 places instead of 7, so the extra five dead heat with Andy's selection and those 6 are then divided in to his stake. then you times that by 50 and add the 20÷6
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kips
6:15 Mon Jul 3
Re: What should my return be?
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Am I getting this right?
First place player on his own
second place player on his own
Third place player on his own
Forth place player on his own
Fifth place player tied with 7 others so 8 players were fifth.
They should pay out e/w for 11 players so you should get back £1,025 surely.
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Pagey
6:07 Mon Jul 3
Re: What should my return be?
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I didn't read it properly either and missed that it went down to 7 places. Now my head hurts!
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happygilmore
6:02 Mon Jul 3
Re: What should my return be?
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Son of Sam 4:53 Mon Jul 3
Re: What should my return be?
Happy that seems little! I would have thought 5th 6 th 7 th is three places and then the next place after 5th is 13th place due to the ties so there are 8 places paid instead of three, hence the O.P is correct 3/8 of 1000, No?
Correct Sam. REad OP post too quick, thought he was 1 of 7 tied for 7th not 5th, so return higher.
Andy, £20 ew is a lot on a 250/1 shot, you sure it wasn't £2 ew? :)
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Takashi Miike
5:46 Mon Jul 3
Re: What should my return be?
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yes, cheers Sam. take two out of the fifth place finishers to take up 5&6 in the pay out calculations and instead divide the £20 by the remaining six, which works out to £170 exactly :.)
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