Please turn on javascript in your browser to play chess.
Only Chess Forum
e4
Joined 06 May '08 Moves 42492 Came in 3rd at 25/1.
I had 50p e/way - scored £3.00 - Yipeee!!
Joined 10 May '09 Moves 13341 I didn't understand any of that but congratulations anyway! 🙂
I pity the fool!
Joined 22 Jan '05 Moves 22874 It is horse racing.
The name of the horse was kings gambit
The race took place at york racecourse and started at 3:10 pm
The odds of it winning were 25/1 - hence by putting 50p on each way it could come first, second or third and a prize would be won - and the prize for the horse coming third was £3 (or maybe £4 but he knocked off the stake money and only posted the net profit)
Hope that enlightens you.
Lagos
Joined 27 Mar '09 Moves 7219 I think Yanks call it bloodstock or something. Confirm please USArmyParatrooper.
e4
Joined 06 May '08 Moves 42492 That's it.
50p e/way is astke of £1.00, it means
1 bet a 50p to win bet. If it had I would have won £12.50.
1 bet at 50p to come 2nd or 3rd. Which is a 5th of the odds.
so 25/2 became 5-1 and 5* 50p is £2.50 + stake = £3.00.
To work out something like 13/8
you multiply the first part of the odds by the stake.
then divide that total by the 2nd part of of the odds and then add the stake.
So a £1 win at 13/8 brings back £2.65
13 * 1 = 1 then /8 = 1.62 + 1 = 2.62
Linkenheim
Joined 22 Apr '05 Moves 655405 Originally posted by greenpawn34
That's it.
50p e/way is astke of £1.00, it means
1 bet a 50p to win bet. If it had I would have won £12.50.
1 bet at 50p to come 2nd or 3rd. Which is a 5th of the odds.
so 25/2 became 5-1 and 5* 50p is £2.50 + stake = £3.00.
To work out something like 13/8
you multiply the first part of the odds by the stake.
then divide that total by ...[text shortened]... add the stake.
So a £1 win at 13/8 brings back £2.65
13 * 1 = 1 then /8 = 1.62 + 1 = 2.62 And why exactly is this on Chess only? Shouldn't that be in the General Forum?
I pity the fool!
Joined 22 Jan '05 Moves 22874 It is because the horse had a chess related name.
Cookies help us deliver our Services. By using our Services or clicking I agree, you agree to our use of cookies. Learn More . I Agree