Horses around this price are sometimes written off as no-hopers. But shocks happen - Last Suspect won the 1985 Grand National at 50-1, while the 1990 Cheltenham Gold Cup winner Norton's Coin was a 100-1 chance.
Your stake
Horse wins
2/3 place
£1 win
£50 profit
No pay-out
£1 e/w (£2 bet)
£62.50 profit
£11.50 profit
(Based on a handicap with more than 16 runners, such as the Grand National. Each-way payouts can vary depending on the size of field and type of race)