13th September 2006, 10:20 AM
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Member
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Join Date: Dec 2004
Posts: 11,978
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Quote:
Originally Posted by Real Deal
Caulfield Cup: Molotov $200 place only @ $21 (Eskander) a win so is it 1/4? $5.25?
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Yes, it's 1/4 the odds, but the dividend would actually be $6, not $5.25. A dividend of $21 is odds of 20-1. And it's the 20 that you divide by 4. That gives you 5, then you simply add $1 to that and the place dividend is therefore $6.
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