[AusRace] FW: Gawler #1

[L.B.Loveday]

Thus, before the scratchings, Sportsbetting (I'm not signalling them out - at least they display deductions unlike some others) had:

 

#3 2.85

#4 19.8

#5  83.0

 

and after scratchings someone betting before the scratchings would receive:

 

#3 0.456  (SP 1.16)

#4 3.168  (SP 5.50)

#5 13.28  (SP 16.0)

 

and someone who put $1000 on at 2.85 would receive $456 if it won (it didn't, bugger).

 

Not quite the same.  INDEED!

 

Unfair by any rational standard - the only person I can think of who would think it ok is Anastasious Koutsantonis, the moron who gave us the POC tax.

 

 

LBL

From: Racing On Behalf Of Robbie Waterhouse
Sent: Wednesday, 29 January 2020 17:03 PM
To: 'AusRace Racing Discussion List' <racing at ausrace.com>
Subject: [AusRace] FW: Gawler #1

 

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 <mailto: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 <mailto: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 <mailto: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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