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Newbie question


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Hello guys This will sound like after eventing, but it's not, I just don't quite understand some basic things :$ I've started some kind of horse racing system lately, and placed few quid today, got lucky, but can't figure out how did I get paid. I placed EUR 5 on a horse EW at bet365. Price was 23.00 and two places were paid EW at 1/4 odds. Can someone please explain me how my winnings are calculated :unsure

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