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How to Work Out Your New Place Odds When Betting Each Way Singles - Each Way Bets Explained.This article just concerns placed horses in singles that you may have backed each way. We already have an article to work out your win singles - see page Work Out Single Bets - this article just concerns the place element of your bet. To save repetition I will also here not go into which races qualify for a quarter or a fifth odds - we,again have many articles that give you that info in other articles at HOME > articles. So,if you do bet in each way singles and the horse loses,you still get your place odds - but what are those place odds?. Below will explain to to work out those new odds and your winnings quickly and easily by calculator - manual methods are also explained elsewhere on this site. You backed horse at 11/2 each way - 1/4 odds. Again,i will not bother with win part of your bets - just the each way,or placed part. Firstly you need to create the place price from your win odds. Just multiply the right hand figure by 4 (if it was 1/5 th odds you would multiply by 5). So,the place price now becomes 11/8 (the 2 was multiplied by 4) - this is your place odds. Same procedure for all prices.... 16/1 at 1/5th odds. New place price is 16/5 (1 multiplied by 5). By the way,this method can be applied to all each way bets on sport,not just horse racing. You often get 1/3 or even 1/2 for some sports bets - so,just multiply the bottom number by 5 (fifth odds) , 4 (quarter odds ) , 3 (third odds).....and so on. More difficult odds - placed horse at 13/8 - 1/4 odds. New place price is 13/32 (8 multiplied by 4). Odds on - just as simple - Placed at 4/9 at 1/5th Odds. New place price 4/45 (9 multiplied by 5,would be multiplied by 4 if quarter odds). Those new odds look horrendous to calculate - but not if you have read Work Out Single Bets page - the procedures for all odds are the same - it's simple and very quick !. ...... By Pendil at SAFE BOOKMAKERS SITES.©This article can be reproduced by anyone,so long as article is reproduced full and intact with all links unchanged.End of article. . |
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