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A wager is a risk. An E/W wager is two completely different risks. In the said case you are risking your money at odds of 14/1 for one part of the bet to win by safely negotiating 30 fences and beating 40 others. In the other you are risking an equally sized stake at reduced odds to beat a retrospectively reduced size field.
In many cases you would do the place part of a bet at the relevant odds, if you didn't have to do the win part. If this is true, then it's also true to do the bet E/W if the odds ratio between the two elements (risk/reward) are right. After all, your the only one who can because you've already placed the win.
There's a good reason many on course bookmakers don't take E/W bets.
Think of it like this; you are a marksman a good one, hence your odds, and you have one bullet. The other 39 are marksman too, not as good as you, but with 39 times more chances of a sudden shift in the wind giving them a lucky shot.
On the place bet, the separate bet, you now have 5 bullets fired from the very same marksman against the other 39 lesser rivals.

<blockquote data-quote="Maxbet" data-source="post: 2565532" data-attributes="member: 66203">A wager is a risk. An E/W wager is two completely different risks. In the said case you are risking your money at odds of 14/1 for one part of the bet to win by safely negotiating 30 fences and beating 40 others. In the other you are risking an equally sized stake at reduced odds to beat a retrospectively reduced size field. In many cases you would do the place part of a bet at the relevant odds, if you didn&#039;t have to do the win part. If this is true, then it&#039;s also true to do the bet E/W if the odds ratio between the two elements (risk/reward) are right. After all, your the only one who can because you&#039;ve already placed the win.There&#039;s a good reason many on course bookmakers don&#039;t take E/W bets.Think of it like this; you are a marksman a good one, hence your odds, and you have one bullet. The other 39 are marksman too, not as good as you, but with 39 times more chances of a sudden shift in the wind giving them a lucky shot.On the place bet, the separate bet, you now have 5 bullets fired from the very same marksman against the other 39 lesser rivals.</blockquote>

[QUOTE="Maxbet, post: 2565532, member: 66203"] A wager is a risk. An E/W wager is two completely different risks. In the said case you are risking your money at odds of 14/1 for one part of the bet to win by safely negotiating 30 fences and beating 40 others. In the other you are risking an equally sized stake at reduced odds to beat a retrospectively reduced size field. In many cases you would do the place part of a bet at the relevant odds, if you didn't have to do the win part. If this is true, then it's also true to do the bet E/W if the odds ratio between the two elements (risk/reward) are right. After all, your the only one who can because you've already placed the win. There's a good reason many on course bookmakers don't take E/W bets. Think of it like this; you are a marksman a good one, hence your odds, and you have one bullet. The other 39 are marksman too, not as good as you, but with 39 times more chances of a sudden shift in the wind giving them a lucky shot. On the place bet, the separate bet, you now have 5 bullets fired from the very same marksman against the other 39 lesser rivals. [/QUOTE]

Verification: 5 + 3 = ?