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horse racing betting
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I placed a £1-00 e.w.cross bet £1-00 e.w. double today (not my normal bet) ladbrokes cashier said £3-00 stake. I have a first at 7-2 and a second at 14-1 (thanks Sir Henry) and cannot calculate returns. I normally use online bet calculator but it doesn't do e.w. x and doubles. Any help greatly appreciated please.
Cheers
Bob (p.s. 'hisbobness' received U.S.A.Medal of Honour yesterday)
Cheers
Bob (p.s. 'hisbobness' received U.S.A.Medal of Honour yesterday)
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.What do you mean by a cross-bet? I’ve never heard of it and I know a fair bit about gambling. Why were you charged £3? The £1 E/way double costs you £2. What is the other £1 for? Is it something to do with the “cross-bet”?
In fact there are six possible returns for your place double, depending on the odds for a place offered by your bookmaker:
7/2 (one-fifth); 14/1 (one-fifth) = £6.46
7/2 (one-quarter); 14/1 (one-fifth) = £7.12
7/2 (all-up); 14/1 (one-fifth) = £17.10
7/2 (one-fifth); 14/1 (one-quarter) = £7.65
7/2 (one-quarter); 14/1 (one-quarter) = £8.44
7/2 (all-up); 14/1 (one-quarter) = £20.25
But I’d love to learn what the “cross-bet” is.
In fact there are six possible returns for your place double, depending on the odds for a place offered by your bookmaker:
7/2 (one-fifth); 14/1 (one-fifth) = £6.46
7/2 (one-quarter); 14/1 (one-fifth) = £7.12
7/2 (all-up); 14/1 (one-fifth) = £17.10
7/2 (one-fifth); 14/1 (one-quarter) = £7.65
7/2 (one-quarter); 14/1 (one-quarter) = £8.44
7/2 (all-up); 14/1 (one-quarter) = £20.25
But I’d love to learn what the “cross-bet” is.