1st July 2002, 11:44 AM
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Suppose it depends how you define an Allup bet.
If you turn $10 into $600, have you really only risked $10?
I think that you have in the above example actually risked $210. You have risked your initial $10 3 times, plus $180 in profits.
Allup betting is really just re-investing your winnings on another race, plus initial stake. Betting with profits should still count as turnover.
Think of it this way -
Let's say you place a win bet of $10 on a horse. It wins paying $5. You are feeling confident so you place $50 win on another horse - it wins paying $3. You think you're on a roll so decide to risk $150 on another race - it wins paying $4. You have turned your initial $10 into $600, but in total you placed bets of $210 (your turnover). Allup betting just automates this procedure and stops you from withdrawing winnings prior to the last race bet.
Turnover should be measured by adding up amounts bet on individual races.
[ This Message was edited by: freddy on 2002-07-01 12:51 ]
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