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bod1
19th April 2004, 23:16
can anybody tell me why if theres only £145.00 left in the pool going into the last race, the pool was £45000, why it only payed £832..... Mystified me, i had got it to 50 pence, i thought it would pay well over the dividend it returned. two outsiders got in the frame, plus the favourite but wasnt paper favourite.
Gutted
Bod1 :(
kieron
19th April 2004, 23:54
Winning over£400 isn't so bad though is it? Unless you had 800 lines!

Didn't see how many winning units there were,but the fav. was placed in the last and remember that the pool is before the tote deduction that would have taken a few thousand out. Well done on your winnings :)
bod1
20th April 2004, 00:09
just had 2 50p lines ;went out on 1st got 2nd up with the fav in the last.was lucky realy cos i picked a n/r in the last an fav got placed.was just a bit miffed when teletext didnt screen the pools 4 the last race.never mind have some on artistry at southwell 2 mora cheers
sportingprofit
20th April 2004, 00:25
The tote take out around 25-30% for their fees then divide the remainder by the number of winning lines (units).

So,
Pool = £45039
Winning Units = 39.50
Dividend = £832.30

£45039 (Pool) - 27.5% (Tote Fee) = £32653.28 (Pool - Tote Fee) / 39.50 (Winning Units) = £826.67 (Dividend)

Hope that was clear :)
kieron
20th April 2004, 00:28
Very clear SP,and clear how greedy the tote are !
bigcumba
20th April 2004, 00:31
Very clear SP,and clear how greedy the tote are !

Ah, they're not that bad, they've dropped the amount they take on some bets a while back, sometimes it's only 20%.... :yikes:
kieron
20th April 2004, 00:39
That is so very decent of them Big C,will have to put them back on my xmas card list :rolleyes:

The fact that they take such a cut is one of the reasons i only normally get involved in jackpots,scoop 6 when there is a rollover and you are playing with other peoples money.
bigcumba
20th April 2004, 00:46
I think the only other time they pay better than SP even with the amount they take, is on bigger priced winners, but still no where near as good as the exchanges....
bod1
20th April 2004, 14:51
bod1
20th April 2004, 14:55
thanks 4 the replys. apreciated,mrs had the dollars anyway cheers.