How much would a fifty pence each way bet placed at 33 to 1 pay?
Assuming you place a 50p each way bet = £1 total bet
If the baby wins you will receive the win portion of the bet + the place portion of the bet
= £17 + £8.75p = £25.75p
If the baby comes 2nd 3rd or 4th (depending on the race it may only be the 2nd OR 2nd and 3rd OR 2nd 3rd + 4th that qualifies you for a payout)
You will probably get a quarter of the odds so that gives you
= £8.75p
Source(s):
Add comment April 16, 2007
Horse Racing Betting, The Risk Free Way
This is one of my favourite articles, it is basically an arbitrage system software that places a high bet with one bookmaker lets say a back at 8/1 and then lays the same bet with another bookmaker at lets say 6/1, the software then greens up the difference and you win if the horse losses or wins the race!
The main problem i have found with this kind of betting is that quite a few people know about this now so the difference in bookmaker prices are quite small. meaning you don’t make much unless you place a significant bet.
The problem with putting on a large bet is that if the market price moves significantly while you are in the middle of placing your arb bets, you no longer have a win win but a lose lose scenario.
This is my view anyhow.
The actual article etc can be found here
Add comment April 11, 2007
rss feed
I’ve just added some RSS feed to zebra tips, its quite useful and updates all the time
The RSS feed comes from Moreover Technologies – “Sports: horse racing news” .
The content and has lots of details and advice about horse racing and horse racing gambling tips
Add comment April 11, 2007
new website launch – horse racing – gambling
Just launched a brand new website – zebratips, take a look.
Article resource site… lots of useful articles about horse race gambling
Add comment April 8, 2007
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1 comment April 7, 2007
