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.