A tip for newbies

[partypooper]

Never use a bonus bet for an EW investment, reason as follows lets say the nag is placed at $3 and you've had $10 EW using a bonus bet, they will pay you $10, because they will deduct $20 from the return, whereas if you place 2 seperate bets i.e. $10 win and $10 place you will receive $20 payout i.e. $10 bonus win bet lost so thats it, but $10 place bet places and pays $30-$10 (bonus stake) leaving you with $20 in other words they are double dipping the the stake on the win bonus bet, but we're not surprised are we?

[Shaun]

That's because they only pay you the profit after taking out the cost.

[partypooper]

Shaun, yes of course but if you peruse my post again you will see that you would still have $10 bonus bet to win and $10 bonus bet to place but be $10 better off with that option! it's a case of "where is the missing Dollar"

[Shaun]

Yep, think i have seen it mentioned on here before about that rort.

[Chrome Prince]

Another rort on dead heats, on short priced favourites, they don't pay you half the dividend, they pay you $1.00, on other horses, say your horse is $5.50, they don't pay you $2.75, they pay you $2.70 or even less.

[partypooper]

Just an add on, with this EW thing the bookies reckon $10ew is a $20 bet, which is why I only got $10 from a $3 placer.

So I had a $20 bonus bet and I have $10 EW, ($20)......... they said you can't do that as it's 2 separate bets $10 win and $10 place GRRRRR!

Heads they win tales you lose!

[partypooper]

Just an add on, with this EW thing the bookies reckon $10ew is a $20 bet, which is why I only got $10 from a $3 placer.

So I had a $20 bonus bet and I have $10 EW, ($20)......... they said you can't do that as it's 2 separate bets $10 win and $10 place GRRRRR!

Heads they win tales you lose!

Forgot to say, that's because they had a $10 minimum bet (when it's a bonus bet) but amazing how the definition changes when it suits.