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- - Watch your bonus bets (http://forums.ozmium.com.au/showthread.php?t=29865)

partypooper

14th March 2015 06:38 PM

Watch your bonus bets

Done it again, got some bonus bets this week decided to have a go at a few outsiders, one of which SR7-2 ran 3rd, now I'd had $10 EW using bonus bets, in other words $10 for the win @$21 and $10 the place @ $4.90 (both fixed)

It ran 3rd so you expect $39 right? ......... wrong I got $29, why because they also deducted the losing $10 win bet WHAT?

Now if I had put $10 for the win and $10 for the place (separate bets) instead of ticking EW I would have got $39.

As $10 EW is the same bet as $10 win &$10 place, this has to be an example of insanity.

blackdog1

14th March 2015 06:46 PM

Quote:

Originally Posted by partypooper

You have to read the fine print party, yes you would have been better off with a $20 place bet. Win draw or lose the bonus, the FULL amount is deducted lost for ever, I'm surprised they let you break it up into win and place, usually it has to be a single bet.
At least you got something out of it I usually blow it.

partypooper

14th March 2015 06:58 PM

My point is they deducted the $10 for the win bet TWICE, i.e. the $10 I put on so it lost OK fair enough, but then deducted it again from the winnings from the place bet, that has to be criminal.

blackdog1

14th March 2015 07:41 PM

Sorry I misunderstood, I thought you had two bets and I said I was surprised they allowed it, you usually can't brake it up into a place and win bet, it has to be one bet win, place or each way, so the deduction was correct.
Painful but correct.

Mark	14th March 2015 08:12 PM

Hi Party

You've outlaid $20 and received $49......$29 profit.

partypooper

14th March 2015 09:02 PM

Blackdog1, Mark, yes I know it's correct "to their rules" as you know I got caught once b4, and just forgot. if I'd had $10 win and $10 place 2 separate bets, (exactly the same as $10 EW) my outlay would also have been $20 but my return would be $39 not $29 can you see that? it's to do with perception.

Mark	14th March 2015 09:37 PM

No mate, I think you're confused.
If you'd had 2 separate bets, they would be.... 10 win, which lost, and 10 place to return $49. So first bet loses $10 and second bet wins $39.......which is $29 profit.
If you had the same, say on the tote, with the same result, what would your profit be? It's still $29.

blackdog1

14th March 2015 09:58 PM

Quote:

Originally Posted by partypooper

You are right if you could do it that way, but I yet to see where you can break up your bonus money in to separate bets with any bookie or Lux or anyone, they just do not let you!
Better win only or place only.

The Ocho

14th March 2015 10:00 PM

I'm no expert by any means but I make it what PP is saying.

He had a $20 Each Way bet made up of the following:
$10 win bet = Loss
$10 place bet @ $4.90 = Win $49 ($39 of their money and $10 of your bonus money).

So $49 less the losing $10 win bet = $39.

I suppose the fine print says they take their $20 bonus bet back if you win anything bringing it down from $49 to $29.

Anyway, frees free.

Mark	14th March 2015 10:20 PM

Except a $10 winning bet @ 4.90 doesn't win you $49, it wins you $39.

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