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Old 03-15-2022, 06:02 AM
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Kasept Kasept is offline
Steve Byk
 
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Default 3/15: Longshot Lad at Cheltenham ~ Day 1

Kev Humphreys' Cheltenham ~ $5 each way plays

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Old 03-15-2022, 01:48 PM
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Originally Posted by Kasept View Post
Kev Humphreys' Cheltenham ~ $5 each way plays

Steve

Can you explain this to me as I am not familiar with GB racing.

What does $5 Each way mean? Is that Win/Place?
What does Places mean as in (6 Places)

Thanks
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Old 03-15-2022, 08:53 PM
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Originally Posted by jms62 View Post
Steve

Can you explain this to me as I am not familiar with GB racing.

What does $5 Each way mean? Is that Win/Place?
What does Places mean as in (6 Places)

Thanks
Hi Jim,

You’re correct - each way is just win and place, a common phrase that we would use over here for that type of bet.

The number of places is interesting. Traditionally, place terms would generally have been 2 places in races with less than 8 runners, 3 places for races between 8 and 15 runners and 4 places for races with 16 runners or more. However, one of the benefits of lots of bookmaker competition is that they have now started offering better place terms so in race 3 yesterday, all I needed was a horse to be in the first 6 and I would get paid out (however, in that race, my horses came home 9th and 10th).

Place terms are also usually set at 1/5 the odds of the win odds.
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Old 03-16-2022, 07:28 AM
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jms62 jms62 is offline
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Originally Posted by brockguy View Post
Hi Jim,

You’re correct - each way is just win and place, a common phrase that we would use over here for that type of bet.

The number of places is interesting. Traditionally, place terms would generally have been 2 places in races with less than 8 runners, 3 places for races between 8 and 15 runners and 4 places for races with 16 runners or more. However, one of the benefits of lots of bookmaker competition is that they have now started offering better place terms so in race 3 yesterday, all I needed was a horse to be in the first 6 and I would get paid out (however, in that race, my horses came home 9th and 10th).

Place terms are also usually set at 1/5 the odds of the win odds.
Thanks...
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