My horse placed and I didn't get paid?
 

Just looking at R4 at Canterbury:

Currently Viewing 27 June 2007

Result	Selection	TF	SP	NSW	NSW Pl	SUP	SUP Pl	UNI	UNI Pl
Canterbury RACE 4 - Hyland Race Colours Hcp (C4) 1900m
1	2. Mean Beans	2.30	1.85	2.00	1.30	2.20	1.60	1.90	1.10
2	3. Derivative Receipt	6.00	6.00		2.90		2.40		3.40
3	1. Streamline		4.20

Then I look at my graded wagers...

26-06-2007 21:49		6673663		Single - Canterbury 4 - 1. Streamline - $5 Win - City Best Plus		$5.00				Resulted		$0.00		$-5.00
26-06-2007 21:49		6673664		Single - Canterbury 4 - 1. Streamline - $15 Place - City Best Price		$15.00				Resulted		$0.00		$-15.00

This doesn't make sense?

They only pay for 1st .2nd on races with less than 8 horses.

Cheers.
darky.

Beat me darkydog2002, yep only 7 starters!

Since there were fewer than 8 runners this event didn't pay 3rd placings.

You placed a wager for "Place" where places were limited to first and second only, live and learn.

Ah !@#$, I didn't know that. Thanks!

Say again? I don't think my selection won :D

I never said it did, if you don't believe me read my post below....perhaps you are delusional -there is supposed to be a laughing icon here but this is something I am still learning, can't figure out how to do that_
Welcome to the world of punters.....isn't there a particular American expression you use for such occassions....what was it now....OHHH, that's right....DUH!
As I said, Live and learn!

lol, nice edit job mate ;)

But yeah, live & learn! I'm only using small money, I don't expect to have anything going that can consistently make me money until around 18 months or so - that's been my time frame with the market and mixed martial arts, but I wouldn't be surprised if it took longer with the horses.

The reason I use money instead of paper trading is because nothiing hurts more than losing money!

Only 18mths. to start making a profit. Piece of cake.

Boy, you gotta love an optimist! lol. lol :-))

There is an exception Darky:

When a race originally has 8 runners but is reduced to 7 with a late scratching. In this case a place dividend will still be paid for 1st, 2nd and 3rd.

Yup. Delusional.
Welcome to the world of punters, I do believe you have found a home...lol

I'm not interested in losing money. If I find that's the case, then I'll pull the pin and stick to my MMA & the market. Simple as that.

Bon,

Most of the punters here have been at it for more than 18mths. Many more than 18yrs. How many of them do you think make a profit and they [most]are by no means slow witted people? About 5% profit makers would be a big call.

They do love the game though and if you don't and aren't prepared to put in a lot of very hard yards, you have no chance whatsoever. There is no easy money to be made in Racing.

With regard to the Late Scratching and No Third Div, mentioned earlier --- what defines a late scratching? Anything after the initial declarations in the morning? 5 mins before the race?

Good to know a Late Scratch will still pay 3rd Div though, useful, cheers.

Crash, another anomaly, I had a bet once for a place 5 runners (i.e. 1st & 2nd) there was 2 late scratchings, my horse finished 3rd, and they ( I won't say who) counted my bet as a loser. "OFFICIALLY "TWO PLACE DIVIES WERE RETURNED"

After reading their rules, they stated that any less than 5 runners, that all bets for the place were VOID, now; as I'd had $500 for the place I pursued this rule, and was duly re-embursed the $500 PLUS a free $50 bet because of their mistake!!

I was exstactic, and it cemented my account with Sp, ah, you'll have to guess!

Party,

The last time I saw an SP bookie [operating out of his boot] , was up in Dampier when I was working at the mines up there back in the early 70's.

Yeah, I was with that Sp.... mob for awhile. They have a bit of a bad rep. for cutting off accounts apparently.


Userper,

A late scratching is any scratching announced after official scratchings. Usually at the barrier though.

is there any online betting calculator that can calculate the bet cost/value of each bet?

for example, if i was to have a trifecta consisting of 2,4,3,5/4,3,5,6,7/4,3,5,6,7,8

is there a calculator I can use to help me calculate the cost?

Use a calculator duh!

whats the formula?

C2+b1=(d3* blah blah blah)

4 horses x 4 horses x 4 horses = 64 horses etc etc.

Under my selections, it will cost me $120, right?

4*5*6 = 120

from where/how are you viewing these odds?

i like the style which shows all tabs in nice format across the page....where so??

i should direct that query to bon...at beginning of the post.

Ricardo, sportsbet.com.au - racing results.

I'm pretty sure the moderators are cool with this one.

http://www.ntra.com/images/wageringcalculator.htm

I think scratching time is 0830 local... anything after that is a late scratching..

As an aside.. I think betfair will pay 3 place divs provided the original field was 8 or greater... I think all the way down to 4 runners... I may be wrong, but that is how I interpret their rules..

Cheers