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
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: