horseracing odds calculations

Status
Not open for further replies.
A

Anonymous

Guest
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
 

Tdol

Editor, UsingEnglish.com
Staff member
Joined
Nov 13, 2002
Member Type
Native Language
British English
Home Country
UK
Current Location
Japan
I'm afraid that's beyond my maths.;-)
 
D

DanBrowne

Guest
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
 

twostep

Senior Member
Joined
May 10, 2004
DanBrowne said:
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:
 

Red5

Webmaster, UsingEnglish.com
Staff member
Joined
Nov 13, 2002
Member Type
Native Language
British English
Home Country
England
Current Location
England
Status
Not open for further replies.
Top