
10th October 2008, 07:52 AM
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Member
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Join Date: Apr 2008
Posts: 6
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Originally posted by Stebbo - "I suppose what I'm trying to say is that if that selection was a true 50% chance, then the 5% commission (net $1.95) is far LESS significant than a tote takeout of 17% which would show that selection at something like $1.85."
It should be noted that TAB's Commission on Win Pools in Australia are on average 14.5% and not 17%.
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