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Off Topic O/T Betting knowledge

Discussion in 'Hull City' started by dazzar86, Mar 13, 2020.

  1. dazzar86

    dazzar86 Well-Known Member

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    When my 2nd horse won, it showed as return of £3484, after my third horse won, it showed as return of £3772.

    I had another bet where first horse placed (returns went down cash out went up)
    Second horse won
    (returns went up and cash out went up)
    Third horse placed
    (returns went down, cash out went up)

    Assume cash out went up as there was only 1 horse on the acca left to run on my bet. Return was only at £35 by this point, whereas on my other bet that had had 3 winners the amount just kept going up.
     
    #21
  2. HHH

    HHH Well-Known Member

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    Small fluctuations in the return, such as the jump after 3rd horse won, would be down the the horses odds drifting a little so you got a better price. For example if when you placed the bet your horse was 5/1 you get quoted that return. But if it had drifted to 6/1 at start of race and won the bookies all pay out at 6/1. So the return jumps a little.

    All your other examples make sense. Only thing I would have issue with is the quoted returns offered seemed to be half what they should have been.
     
    #22
  3. ristac

    ristac Well-Known Member
    Forum Moderator

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    Ahh on an earlier post, for your third horse, you put 4/1 it was 4:33 according to this screen shot which is odds on 10/11 a huge difference, I’ve just googled his starting price and it’s saying he was 10/3 though so maybe I’m reading it wrong
     
    #23
  4. Asterix

    Asterix Well-Known Member

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    You won. Congratulations on taking the correct decision to cash out. Use the calculator posted to input your stake and all results as winners. Then change the last selection to place. Also your bets are in decimals, the calculator works in fractional odds. Subtract 1 from each selection, ie 13/2 is 6.5. Subtract 1, enter 5.5, 11/2.

    The fluctuations in the win total will be as a result of odds changes to your remaining runners. Bet365 have best odds guaranteed. If your selections drifted in the market, the amount you could win would increase, prices shorten, decrease.

    Yes, a bummer having what, 5,6 hundred quid going on your last horse and coming out with 27. But your bet has been settled correctly. Without cashing out you would have been returned 50/60 quid ish. So again, well done on cashing out.
     
    #24
    Last edited: Mar 14, 2020
    HHH and ristac like this.
  5. amberman8

    amberman8 Well-Known Member

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    If all races were 1/5 place odds it would have paid £20.66...so some must have been 1/4 odds to pay £27
     
    #25
  6. M0WDS

    M0WDS Active Member

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    If you cash out then you lose a massive percentage as well. It works massively in the bookies favour if all results do land, they play on the fact that you'll bottle it but still want to make a profit.
     
    #26
  7. Asterix

    Asterix Well-Known Member

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    Indeed. Let it roll or lay on the exchanges would have returned a greater profit.
     
    #27

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