Quick betfair question

[skinnyman9000]

I'm just having a look at the racing odds on betfair for the horses tomorrow and some meetings have two selections. One is the normal one, and then one underneath that says 'to be placed'. Can anyone explain?

Cheers

Chris.

[Computer Guy]

to finish 1st, 2nd, possibly 3rd, possibly 4th depending on number of runners.

edit: if you click on RULES in the right hand window, it tells you how many places they pay out on.

[aliensyndm]

The "normal" one is the odds for the horse win the race. The "to be placed" market is the odds for the horse to finish to finish in a certain place which will be dependent on the amount of runners in the race. If you click on the to be placed market and then look over to the right and click on the "rules" tab it should tell you exactly what places.

Example go to Haydock, 6th January, 14:20 to be placed.
On the right you have....

Who will finish 1st, 2nd or 3rd in this race? NON RUNNERS DO NOT CHANGE THE PLACE TERMS.


So it's odds that the horse will finish either 1st 2nd or 3rd. Remember you don't win anything extra in this market if the horse wins.


Whereas in the 15:25 to be placed it says.....

Who will finish 1st or 2nd in this race? NON RUNNERS DO NOT CHANGE THE PLACE TERMS


So only for 1st and 2nd there. Some races with more horses with pay out 1st, 2nd, 3rd and 4th and I am not 100% sure but some large races may even pay 5th too.


If you wanted to do an "each way" bet you would stick some cash on the normal market to win and then go to the "to be placed" market and stick some cash on that too and you have the equivalent of an each way bet.