3rd April 2006, 03:56 PM
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Member
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Join Date: Jan 1970
Location: Port Macquarie
Posts: 1,694
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Quote:
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Originally Posted by La Mer
Assuming you are meaning a Win bet and not a place bet?
If it's a Win bet the no win, no lose - you break even.
If it's a Place bet paying three dividends then you win 95 cents, eg. you win $36 but lose $35, which means your profit is $1 from which you pay 5 cents (5%) commission.
XPT, Just noticed your response - commission is only paid on net winnings, not stakes.
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Yeah true.. but he won 10$ (on the lay) NOT 35... 35 was his risk on a lay which he didnt lose.. His 2nd bet is very definitely a LAY |