Results 1 to 7 of 7
  1. #1
    Anonymous Guest

    Default horseracing odds calculations

    a 4 horse race where no1 is 6/1,no2 is 11/1,no3 is16/1 and no4 is66/1.......I have 1.00 to spread on the 4 hores so that the return is the same no matter which horse wins For example;40p on no1,30p on no2 and so on thanks,mike

  2. #2
    Tdol is offline Editor, UsingEnglish.com
    • Member Info
      • Member Type:
      • English Teacher
      • Native Language:
      • British English
      • Home Country:
      • UK
      • Current Location:
      • Japan
    Join Date
    Nov 2002
    Posts
    43,590
    Post Thanks / Like

    Default

    I'm afraid that's beyond my maths.

  3. #3
    DanBrowne Guest

    Default

    Hi,

    I'd like to point you to horse racing results... This site has an arbitrage calculator - which is what you need to work out your question.

    Horse 1 - 48p stake @ 6/1 - Return of 3.36
    Horse 2 - 28p stake @ 11/1 - Return of 3.36
    Horse 3 - 20p stake @ 16/1 - Return of 3.40
    Horse 4 - 05p stake @ 66/1 - Return of 3.35

    Hope this helps :wink:

    Arbitrage calculator

  4. #4
    Join Date
    May 2004
    Posts
    727
    Post Thanks / Like

    Default

    Quote Originally Posted by DanBrowne
    Hi,

    I'd like to point you to horse racing results... This site has an arbitrage calculator - which is what you need to work out your question.

    Horse 1 - 48p stake @ 6/1 - Return of 3.36
    Horse 2 - 28p stake @ 11/1 - Return of 3.36
    Horse 3 - 20p stake @ 16/1 - Return of 3.40
    Horse 4 - 05p stake @ 66/1 - Return of 3.35

    Hope this helps :wink:

    Arbitrage calculator
    Bookie 101??? Interesting. Francois where are you when you are needed? :wink:

  5. #5
    Red5 is offline Webmaster, UsingEnglish.com
    • Member Info
      • Member Type:
      • Interested in Language
      • Native Language:
      • British English
      • Home Country:
      • England
      • Current Location:
      • England
    Join Date
    Nov 2002
    Posts
    3,396
    Post Thanks / Like

    Default

    Welcome!

    Arbitrage Calculator direct link:

    http://www.horse-racing-results.co.u...alculator.html
    Red5
    Webmaster, UsingEnglish.com

  6. #6
    Join Date
    May 2004
    Posts
    727
    Post Thanks / Like

    Default

    Quote Originally Posted by Red5
    Welcome!

    Arbitrage Calculator direct link:

    http://www.horse-racing-results.co.u...alculator.html
    Hello stranger. Nice to hear from you again.

  7. #7
    Red5 is offline Webmaster, UsingEnglish.com
    • Member Info
      • Member Type:
      • Interested in Language
      • Native Language:
      • British English
      • Home Country:
      • England
      • Current Location:
      • England
    Join Date
    Nov 2002
    Posts
    3,396
    Post Thanks / Like

    Default

    Red5
    Webmaster, UsingEnglish.com

Similar Threads

  1. Against all odds
    By Anonymous in forum Ask a Teacher
    Replies: 2
    Last Post: 05-Jul-2007, 06:37

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •