Effect on the pools

[partypooper]

G'Day all,

Just a question for the more informed mathematicians amongst you, I've come up with place system that produces 5-600 bets a month ( i,e great T/O)

At best tote (as available) it shows around 2.2% POT doesn't sound a lot but on that sort of turnover I'll be happy.

Now my question is this: I'm informed that Typhoon pools shows around 5% better divies than best tote, that being the case my POT would increase to something like 7.35%, great except that what effect do you think $100 bets would have on the divies??? anyone with the numbers to work it out?

[thorns]

Should be able to work it out if you can get the average size of the pools at typhoon. Too early in the morning for me to write up how I would do it, but have played round with this sort of thing before.

[thorns]

Okay here an attempt, bit trickier with the place pools, so feel free to correct me if I am wrong.

Lets say the original pool is $10000. This is split 3 ways for a 3 dividend race.
So $3333 paid out on each placing horse. Lets say the divi shows a nice $1.50 in the original size pool which mean there was $2222 bet on that horse.

Now lets add your 100 to the pool. So the pool increases in size to $10100 and the pools payout $3366 for each placed horse. So the amount on that horse in the pool is 2222 +100 so 2322 in total. This means that your extra $100 has reduced the dividend to $1.44.

Does this sound right to anyone else?

[Shaun]

I also think you need to remove a percentage for take out before you start splitting the pools

[partypooper]

Yes I knew it was relative to the pool size of course, but I'm not sure about the amount on each placegetter being the same (confused there) but in short it doesn't sound as if my paltry $100 would alter the divi more than say 2% at most (depending on the pool size) anyway probably still worth it.