[AusRace] Deductions "Scam"

[Ken Blake]

Len,

            Below Betfair place SP as opposed to New Place prices after
deductions race 2 Pinjarra

 

        Bookie   Betfair

 

1.       3.4       5.24

2.       3.4       4.19

3.       1.76     2.25

4.       SCR

5.       1.56     1.9

6.       2.4       2.14

7.       3.75     6.0

  

(commission not deducted) Only 1 inferior price

 

But as usual across the board BF prices far superior.

 

Still cannot get my head around why people bet with Corporate thieves.

 

Ken

 

 

 

From: Racing [mailto:racing-bounces at ausrace.com] On Behalf Of L.B.Loveday
Sent: Saturday, February 8, 2020 7:47 AM
To: 'AusRace Racing Discussion List' <racing at ausrace.com>
Subject: [AusRace] Deductions "Scam"

 

Pinjarra Race 2 today had #4 scratched when it was 1.80 the Win pretty well
across the board.

Both Sportsbetting and TopSport declared deductions of 37% for the Place.

Taking Sportsbetting's pre-scratching market, it's 246%, pretty typical.

 

BUT, after deducting 37%, it becomes 267%, highlighting the unfairness of
the deduction.

Sportsbetting then put up a new market, at 248%.

How would you feel if you'd put $435 on #5 at 1.92, saw it reduced to a
payout at 1.21 only to see the same bookmaker immediately offer 1.56?

 

	
Original

After 37%

New Place 


TAB

Place Price

Deduction

Price


1

5.90 

3.72 

3.40 


2

6.10 

3.84 

3.40 


3

2.55 

1.61 

1.76 


4

1.29 

		

5

1.92 

1.21 

1.56 


6

3.65 

2.30 

2.40 


7

6.10 

3.84 

3.75 

				
	
246%

267%

248%

 

 

LBL

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