Beelzebrush
Active member
Is anyone having a bet? I\'ve just put £20.00 on Direct Access to win - doubtless it\'ll be £20.00 down the swanny but £500 if it does win 
Who are you backing ^^
Who are you backing ^^
The Grand National
- Thread starter Beelzebrush
- Start date
Legacy Account
Active member
Waste of money!!!
Beelzebrush
Active member
Not if you win lol
Infidel Castro
New member
I\'ve got Sir OJ on the sweepstake in work and also another one called Billericay or something like that. I might be wrong there. If I win I stand to make a whole £20 lol
Beelzebrush
Active member
Bugger!
My wife got 4th though each way so we ended up ahead
My wife got 4th though each way so we ended up ahead
Legacy Account
Active member
My view of gambling is somewhat skewed after seeing my (ex) father-in-law gamble away his business and two family homes. The mother-in-law didn\'t find out until the bailiffs turned up....
Beelzebrush
Active member
I\'m not a big fan of gambling either to be honest, but once a year is a bit of a larf
darthfoley
Active member
OK, I have to ask...I\'ve gathered this is gambling on something, but what in the heck are you people talking about?
lol
lol
Dammekkos2
New member
£80 won from each way bet on Hedgehunter!
I\'m very happy
I\'m very happy
Drake Farstrider
New member
I agree with Darthfoley. WHat the hell are you taking about? Are you gambling on horses? ????????????
The Grand National....
Biggest UK horse racing event of the year. Millions of people who never normally bother have a \'flutter\' on the National.
I have an abhorrence of gambling as I feel it is a waste of good money that could otherwise be spent on alcohol...but each to their own
I understand no horses/jockeys died this year which is a bonus...It\'s a pretty gruelling event....
Biggest UK horse racing event of the year. Millions of people who never normally bother have a \'flutter\' on the National.
I have an abhorrence of gambling as I feel it is a waste of good money that could otherwise be spent on alcohol...but each to their own
I understand no horses/jockeys died this year which is a bonus...It\'s a pretty gruelling event....
Drake Farstrider
New member
Thanks Finn!
I kinda thought that was what y\'all were on about.
I kinda thought that was what y\'all were on about.
Infidel Castro
New member
I had bloody Ballicassidy (sp?) on the sweepstake and he was walking it all the way until he fell unchallenged at the front in the last quarter of the race lol
Infidel Castro
New member
Betting confuses me. Help!
darkartminiatures
New member
Mine fell at the fifth hurdle £5.00 down. i don\'t know jack about racing and my horses performance showed that Damn i\'d rather it be running last all the way at least that way i could of carried on shouting at my t.v. to help make it run faster. This is a tactic what gamblers seam to do so if its good enough for them its good enough for me...well not in this case
£5.00 down. i don\'t know jack about racing and my horses performance showed that Damn i\'d rather it be running last all the way at least that way i could of carried on shouting at my t.v. to help make it run faster. This is a tactic what gamblers seam to do so if its good enough for them its good enough for me...well not in this case Well Rev\'.... You can bet to win or each way. Each way means that half your stake is bet for the win and half for a place. In the National the places were 1st to 4th. Place odds on the National were a quarter of the odds... so if you bet each way on a horse @ 6-1 and it is placed but doesn\'t win your place part of the bet is payed out @ your stake x 1.5.
So if Dammekkos2 had £160 each way (£320 total) on Hedgehunter @ 6-1 the WIN part of the bet is lost, because it didnt win.
The PLACE part of the bet was okay, the horse finishing second, so £160 x 1.5 = £240. The £160 place part of the bet is also returned.... so Dammekkos2 would collect £400 from the bookies.
£160 x 1.5 = £240 + the £160 place stake = £400. To work out the profit its the £400 collected - £320 that was your total bet anyway, =£80. Remember the bookie kept the £160 part of the win bet because the horse was only placed.
Long winded but i hope it makes sense ???
So if Dammekkos2 had £160 each way (£320 total) on Hedgehunter @ 6-1 the WIN part of the bet is lost, because it didnt win.
The PLACE part of the bet was okay, the horse finishing second, so £160 x 1.5 = £240. The £160 place part of the bet is also returned.... so Dammekkos2 would collect £400 from the bookies.
£160 x 1.5 = £240 + the £160 place stake = £400. To work out the profit its the £400 collected - £320 that was your total bet anyway, =£80. Remember the bookie kept the £160 part of the win bet because the horse was only placed.
Long winded but i hope it makes sense ???
