OZDOC,

For TAB pools you can estimate how big a bet will reduce the dividend by 10c by doing the following:

Divide 1 by current dividend to get current pool percentage.
Divide 1 by (cur div - $0.10) to get pool percentage for next step down.
Difference between the two is the percentage of pool you can bet which will reduce the dividend by 10c

FOR EXAMPLE:
Lets say current dividend is $3.00
1/3.00 = .333 = 33.3%
1/2.90 = .345 = 34.5%
34.5% - 33.3% = 1.2%

So for a runner with a current estimated div of $3.00 you can put a bet on of 1.2% of the current pool and this will reduce the dividend by 10c.

This is just a "quick & dirty" calculation as it ignores the fact that you will actually be increasing the pool size with your bet but is close enough to give you a good idea.


_________________
"Computers can do that????" - Homer Simpson

[ This Message was edited by: becareful on 2003-07-16 14:27 ]