Get A Gentleman's Guide to Calculating Winning Bets: A Racing PDF

By Graham Sharpe

ISBN-10: 1843440377

ISBN-13: 9781843440376

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Extra resources for A Gentleman's Guide to Calculating Winning Bets: A Racing Ready Reckoner

Sample text

00. 10 (10⁄11th) of your winnings. 00. If the bet loses you will not be asked to make up the difference. Too Few or Too Many Selections Another error made from time to time is to add an extra selection or forget one. e. , a non-runner is added to make up the correct number of selections. For instance in a Yankee if the selections nominated are A B and C, a non-runner is added for the fourth selection. Settlement is then identical to the example given in our explanation of non-runners. Where an extra selection is inadvertently added, then the number of bets is usually adjusted to equal the total number of selections.

The total number of columns required is given where the two lines meet, in this instance “35”. Note: Currently a maximum of 5 draws is allowed in any one line. B. Place betting terms for Sports Betting vary from event to event. 47 Percentage Charts If somebody flips a coin into the air the chances of it coming down on either heads or tails are exactly even – or 50–50. In betting terms an Even money chance. But if a bookmaker offered Even money heads and even money tails in such an eventuality he would never make any money because if he took £5 on heads and £5 on tails he would have to pay over the money he won to the loser as the profit to the winner.

Remember in our example we are working to a 10p stake. 10p 3–1 40p 4–1 50p doubles trebles fourfold fivefolds sixfolds Step three. Using the 20p return from the first single, work out the double with the next price listed (2–1) and place the resulting amount (60p) in the doubles column opposite that price as shown below. Next, take the amount from the first two singles (20p + 30p = 50p) and calculate the return at the third price listed (5–1) placing that figure (£3) opposite the price in the doubles section.

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A Gentleman's Guide to Calculating Winning Bets: A Racing Ready Reckoner by Graham Sharpe


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