<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv=Content-Type content="text/html; charset=utf-8"><meta name=Generator content="Microsoft Word 15 (filtered medium)"><!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0cm;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:612.0pt 792.0pt;
margin:72.0pt 72.0pt 72.0pt 72.0pt;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-AU link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif;color:#7030A0;mso-fareast-language:EN-US'>Rule 2 of Betting used to be, along the lines, ‘if you can’t win, you can’t lose.’<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif;color:#7030A0;mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif;color:#7030A0;mso-fareast-language:EN-US'>That rule now is: “</span><span style='font-size:14.0pt;font-family:"Arial",sans-serif'>BR 5.In all bets there must be a possibility of winning <u>when the bet is made</u>.”<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif;color:#7030A0'>Not quite the same.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif;color:#7030A0'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif;color:#7030A0'>Rob W</span><span style='font-size:14.0pt;font-family:"Arial",sans-serif;color:#7030A0;mso-fareast-language:EN-US'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif;color:#7030A0;mso-fareast-language:EN-US'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0cm 0cm 0cm'><p class=MsoNormal><b><span lang=EN-US>From:</span></b><span lang=EN-US> Racing <<a href="mailto:racing-bounces@ausrace.com">racing-bounces@ausrace.com</a>> <b>On Behalf Of </b>L.B.Loveday<br><b>Sent:</b> Wednesday, 29 January 2020 11:45 AM<br><b>To:</b> 'AusRace Racing Discussion List' <<a href="mailto:racing@ausrace.com">racing@ausrace.com</a>><br><b>Subject:</b> [AusRace] Gawler #1<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0cm 0cm 0cm'><p class=MsoNormal><b><span lang=EN-US>From:</span></b><span lang=EN-US> L.B.Loveday <br><b>Sent:</b> Wednesday, 29 January 2020 11:38 AM<br><b>To:</b> 'AusRace Racing Discussion List' <<a href="mailto:racing@ausrace.com">racing@ausrace.com</a>><br><b>Subject:</b> Gawler #1<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0cm 0cm 0cm 6.0pt;margin-left:4.8pt;margin-top:5.0pt;margin-right:0cm;margin-bottom:5.0pt'><p class=MsoNormal><span style='color:black'>Prior to the scratching of #2 yesterday, Sportsbetting was betting 2.85 #3.<o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black'>28+56=84c deduction, meaning a theoretical return of 45.6c in the dollar if #3 wins. RobW previously posted:<o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif'>From Australian Rules of Racing, Rules of Betting</span><span style='font-size:14.0pt;font-family:"Arial",sans-serif;mso-fareast-language:EN-US'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt;font-family:"Arial",sans-serif'>(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.<span style='color:#1F497D'><o:p></o:p></span></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black'>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.<o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black'><img border=0 width=778 height=262 style='width:8.1006in;height:2.7291in' id="Picture_x0020_1" src="cid:image001.png@01D5D6B0.A5C18910"><o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black'>And what to make of Betfair? 145% deductions? Or maybe I don't understand BF's deductions.<o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black'><img border=0 width=767 height=189 style='width:7.9895in;height:1.9687in' id="_x0000_i1026" src="cid:image002.png@01D5D6B0.A5C18910"><o:p></o:p></span></p></blockquote></div></div></body></html>