Doubles/Trebles Help!!!!

[Winner4Me]

Can any one explain this to me.
Am i right in thinking i can place a bet (Treble E/W) and i will win if the 3 horses i pick come 1st 2nd or 3rd?

Bet Type	No.of bets	Stake Per Line	E/W

Single	3
Treble 845.00	1
Trixie	4
Patent	7

If any one can enlighten me please do.

[Mr Intensity]

It is 2 bets. One is a win treble where all of the horses must win. This is the one with odds of 845.00. The other bet is an E/W treble, where all of the horses must be 1st, 2nd, 3rd (or 4th if a big race) but the odds on this will be much shorter (something between about 6.00 and 13.00 depending on the E/W terms).

Hope this helps

[Winner4Me]

So it works the same as a normal E/W bet but only its over 3 races.
One bet to win as you say
One bet to get 1-2-3 placed.

I do alot of bets in the day and i sumtimes get 1-2-3 in a row i.e
race 1 2nd
race 2 1st
race 3 3rd

This is the one i want then...

Thanks mate

[Mr Intensity]

Aye, but remember you need all 3 to win to get anything from the win bet. So you could go...
1st
1st
2nd
And only get paid on the place bet which would be very annoying

[Winner4Me]

But if the horses odd where ok this would be fine. i.e 2-1, 5-1, 7-2.
I know that getting all 3 to win is petty hard, im just trying to concentrate on the placing's.
Ive just done one on what i would have got 3 days ago and this is what the real odds where.

8-1 9-1 11-4

this is what it came out as...

1 line x 2 at £1.00 per line (e/w) Total stake for this bet: £2.00 Potential Return: £350.52

So if i would have had 3 x 1st i would have won £350.52 but if it had been
1st 1st 2nd do i get the place setting for all three. i.e
1st 8-1 = £8+£1 stake
1st 9-1 = £9+£1 stake
2nd ect?

Thanks for your hep mate

[Mr Intensity]

I'm not sure what you're saying there. If you got 3 placed you would get (assuming 1/4 odds because I don't know)....

£1
x (8/4 +1)
x (9/4 +1)
x (1.69) I don't know how to do it for 11/4 stupid fractional odds
=£16.48

[Winner4Me]

Ah i get it now.
That aint bad for a £2.00 bet. (£16.48 return on those odds)

Think i might start this up as a side thing and see how i go on it.

Thanks alot for your help on this. Im new to betting (since Grand national)
Just been doing the normal win or E/W bets.

If it works what i intendto do i might do a thread on it.... we shall see first.

Once again thanks mate you are a star

[Mr Intensity]

No worries mate

One last thing to look at is the E/W terms, if they are paying 3 places then it's either 1/4 or 1/5. I'm sure someone will come along and explain what races get which terms because I've got no idea. I worked it out all of them 1/4 odds to get £16.48, if it were 1/5 for all of them then the return would be £11.28.

[Winner4Me]

Thanks for that mate,

Will put this into practise soon.

Thanks again

[WorkingForTheEnemy]

4 or less = win only
5-7 = 1st 2 , 1/4 odds
8-11 = 1st 3, 1/5 odds
12+, non handicap = 1st 3, 1/5 odds
12-15, handicap = 1st 3, 1/4 odds
16+,handicap = 1st 4, 1/4 odds

Some places allow you to do what is known as an equally divided eachway bet. This is where the places or wins make a difference.

Each race is settled like a eachway single and then the returns are split eachway on the next selection.

[fintron]

An alternative may be to do place accumulators on Betfair, then you would have say, £2 on them all to place, rather than having a £1 ew treble where you only have a quid on them to place (as the other quid is on them all to win).

Not tried these Betfair accumulators myself, although I think you can only do them at one meeting at a time. i.e you have to pick horses from one card, such as newbury, but can't do, say one horse from newbury and two from York.

Can anyone else shed any light on this?

[Winner4Me]

Yeah.
I mite try doubles tomorrow. I get them more than trebles.
I will look into the betfair thing.
Im trying to work out that laying or backing system....kinda hard for me to understand.
Just want to work out how you make a profit on that system with that?

[fintron]

Originally Posted by Winner4Me

Yeah.
I mite try doubles tomorrow. I get them more than trebles.
I will look into the betfair thing.
Im trying to work out that laying or backing system....kinda hard for me to understand.
Just want to work out how you make a profit on that system with that?

Do you mean you are trying to understand how laying works? If you are clued up on it then ignore me but if you choose to lay a horse you are betting against it winning, so providing any horse other than the one you have laid wins the race, you win your bet.

If you lay a horse and it goes on to win then you lose your bet and must pay out winnings to the person that 'matched' your bet on the exchange.

For example, say you lay Rowe Park at odds of 20.0 for £2 then you would win £2 if any horse other than Rowe Park wins. However, if Rowe Park wins the race then you pay out 20.0 x £2 = £40 to the person that matched your bet.

What some punters do is back a horse when its odds are high if they think the price will shorten, then lay that same horse on Betfair at much lower odds. That way, whether it wins or loses they make a profit. It is called making a green book although it is hard to do and you need to know which way the odds are going.

For example, they may back Borderlescott ante-post well in advance of a race at odds of 25.0. On the day of the race they may decide that because its odds have shortened dramatically, say to 5.0 that they will now lay it off at 5.0 such that they will cover their initial stake from the ante-post bet.

Anyway, it is pretty complicated stuff and not something to go into if you are new to betting.

Back to you roriginal point and my suggestion about doing betfair multiples, you don't need to worry about laying for that. If you did one of those it is classed as a 'back' bet so the most money you could lose would be your stake.