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Sports Betting - Sports Talk - Racehorse TALK

Author Topic: Sports Betting  (Read 520 times)

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Offline Bubbasmith

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O.P. « 2017-Jul-24, 08:26 AM »
Friend of mine placed a bet on the British Open Golf for Branden Grace @ $ 16.00 and Jordan Spieth @ $2.50 for either to finish in Top 5.When I looked at the final scoreboard I noted that 2 players tied for fourth to make up the Top 5 but I saw that Grace was amongst 5 players who tied or sixth.
My hypothetical questions are
A. If those 7 players had all tied for fourth, what would I have got paid for Spieth and Grace ?
B. If the third place golfer actually had tied for fourth with the other two, together with the 5 in sixth place , that would give 8 tied for fourth. Again what would get paid for Spieth and Grace ?
I presume that if a golfer has finished clearly ahead of the tied group to make up the Top 5 bets on him would be paid at full face value and bets any others that might have tied to make up the Top 5 would be divided by the number of players in that group.

Online jfc

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« 2017-Jul-24, 08:33 AM Reply #1 »
Betfair Rules should still have those pertinent Rules published.

I can't respond in more detail right because I'm too morose from Top 8 adversities brought about by Grace, Li, and Leishman

Online jfc

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« 2017-Jul-24, 11:04 AM Reply #2 »
Off the top of my head.

You presume correctly.

Offline Wenona

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« 2017-Jul-24, 01:01 PM Reply #3 »
If 7 players tied for 4th - there are 7 deadheaters for 2 places so each of the 7 players would pay at 2/7 or 28.57% of face value  for 7 players equals 200% for the 2 top 5 places.

If 8 tie for 4th - same deal - 8 deadheaters for 2 places = 25% face value on 8 players = 200% paid to cover 4th and 5th.

Offline Bubbasmith

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« 2017-Jul-24, 01:24 PM Reply #4 »
I first thought that as two finishing orders were involved, not one, unless they all tied for fifth when 7 dead heaters would receive 1/7 of the face value of the bet.


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