horseracing odds calculations

[Anonymous]

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]

I'm afraid that's beyond my maths.;-)

 

[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

 

[twostep]

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]

:hi: Welcome!

Arbitrage Calculator direct link:

http://www.horse-racing-results.co.uk/arbitrage-calculator.html

 

[twostep]

:hi: Welcome!

Arbitrage Calculator direct link:

http://www.horse-racing-results.co.uk/arbitrage-calculator.html

Hello stranger. Nice to hear from you again.

 

[Red5]

:hi: