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Bendigo Trots Place Pool race 8 |
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pnclick
Champion Joined: 13 Mar 2009 Status: Offline Points: 1020 |
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Posted: 20 Jun 2018 at 11:39am |
Last night at Bendigo Harness Race 8, place pool was $74,873!!! About 10 to 20 times a normal pool.
What was interesting though, is during the betting the place tote markets were all over the place, and as they went over the line, the winner was $4.70 win, $3.80 place. The tote then declared the winner at $4.70 and $1.10, but the final tote approximates which ultimately match the match the declared are stil showing $4.70 and $3.80. Something strange went on with this race? |
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pnclick
Champion Joined: 13 Mar 2009 Status: Offline Points: 1020 |
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iamt
Champion Joined: 06 Mar 2012 Status: Offline Points: 473 |
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Basically all the pool is on the favourite.
The tab shows the approximates using the normal calculation but the dividend declared is after they "steal" from the other placegetters to pay on the fav and avoid losing on the race. There were a few of these a few months ago that were similar things with very short priced favourites. |
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Offline Points: 13672 |
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That bet was probably placed by a punter wanting to increase his tote turnover to retain the rate of his rebates.
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Offline Points: 13672 |
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The problem is the way TAB display place approximates: they are ignoring the
fact that if the money back horse runs in then most of the pool is refunded, so
there is little left to redistribute to the other two place getters.
Tatts on the other hand display place approximates that accurately reflect
the payouts if the money back horse runs in. In the event that it misses, the
punters on the placed horses get a very pleasant surprise. What TAB is doing is
disingenuous and should not be allowed.
Given the horse running second was $1.01 fixed odds to place, it does seem that the bet is to meet a threshold. Again the situation
with Tatts is different. A horse paying less than money back is treated as
‘refund’ if it places, and no points are earned. They changed the rules after a
200K place bet on Black Caviar earned a 14K rebate without the tote gaining a
cent. No prizes for guessing which syndicate that was.
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