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A $5 bet Each-way is a $5.00 bet to Win and a $5.00 bet to Place, for a total bet cost of $10. Exacta: The bettor must correctly pick the two runners which finish first and second. Quinella: The bettor must pick the two runners which finish first and second, but need not specify which will finish first.
A £10 each-way single on a 10-1 selection in a horse race and paying 1 ⁄ 4 the odds a place 1, 2, or 3 would cost £20. Returns on the win part of the bet would be £10 × (10/1 × 1) + stake = £110 (£100 winnings + £10 stake) Returns on the place part of the bet would be £10 × (10/4 × 1) + stake = £35 (£25 winnings + £10 stake)
A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...
We have listened to you, the dedicated fantasy commissioners, and have built a suite of custom features you can add to your league for a small price ($25), allowing you to become this season's MVP ...
We're heading into the busiest fantasy football draft stretch of the year. Scott Pianowski has some advice to make sure you're ready. Fantasy Football cheat sheet for last-minute draft strategy ...
Because of the huge number of betting interests involved, bettors will often try to increase their chances of winning by selecting multiple combinations. This can be costly — a bettor who wants to cover two horses in each race must bet on 2 × 2 × 2 × 2 × 2 × 2 combinations, or 64 combinations, times $2 for each for a total of $128.
It's Derby Week, with the first leg of horse's Triple Crown - the Kentucky Derby --- to be run on Saturday. The Run for the Roses, as it's called, is expected to draw more than 150,000 to Churchill...
In making a bet where the expected value is positive, one is said to be getting "the best of it". For example, if one were to bet $1 at 10 to 1 odds (one could win $10) on the outcome of a coin flip, one would be getting "the best of it" and should always make the bet (assuming a rational and risk-neutral attitude with linear utility curves and have no preferences implying loss aversion or the ...