[AusRace] FW: Gawler #1

norsaintpublishing at gmail.com norsaintpublishing at gmail.com
Wed Jan 29 17:14:25 AEDT 2020


Hello Rob,
       What's happened with your weekly blog? It used to be required
reading.

On Wed, 29 Jan 2020 at 17:03, Robbie Waterhouse <robbie at robbiewaterhouse.com>
wrote:

> Rule 2 of Betting used to be, along the lines, ‘if you can’t win, you
> can’t lose.’
>
>
>
> That rule now is: “BR 5.In all bets there must be a possibility of
> winning *when the bet is made*.”
>
>
>
> Not quite the same.
>
>
>
> Rob W
>
>
>
> *From:* Racing <racing-bounces at ausrace.com> *On Behalf Of *L.B.Loveday
> *Sent:* Wednesday, 29 January 2020 11:45 AM
> *To:* 'AusRace Racing Discussion List' <racing at ausrace.com>
> *Subject:* [AusRace] Gawler #1
>
>
>
>
>
>
>
> *From:* L.B.Loveday
> *Sent:* Wednesday, 29 January 2020 11:38 AM
> *To:* 'AusRace Racing Discussion List' <racing at ausrace.com>
> *Subject:* Gawler #1
>
>
>
> Prior to the scratching of #2 yesterday, Sportsbetting was betting 2.85 #3.
>
>
>
> 28+56=84c deduction, meaning a theoretical return of 45.6c in the dollar
> if #3 wins. RobW previously posted:
>
>
>
> From Australian Rules of Racing, Rules of Betting
>
>
>
> (8) Further provided that, except in the case of a dead heat, no order
> must be made the effect of which would oblige a backer to receive less than
> his or her stake.
>
>
>
> So it looks to me that the best a person who took 2.85 can do is get his
> stake back, but only if #3 wins. Does not seem fair.
>
>
>
>
>
>
>
> And what to make of Betfair? 145% deductions? Or maybe I don't understand
> BF's deductions.
>
>
>
> _______________________________________________
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>
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