Are Austote's quoted figures after their takeout has been calculated?

I'm all for Austote and it's attempt to offer a fairer deal, but their habit of comparing TAB final dividends with their own dividends - before the takeout is deducted - is misleading. What you see is not what you get, therefore the comparisons are deceptive.

It's a pity - someone offering a better deal and shooting themselves in the foot in the way they present themselves.
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Shoto,
Please Note:
The comparisons on this site were made by us, not AusTOTE.

We are checking with AusTOTE the basis of their past declared dividends. We assumed they included a deduction.

If they do not include a deduction then we will make the adjustment when we compare odds.

However, logic must tell us that if 95% of the pool is returned to punters then the dividends MUST BE consistently better than if only around 85% of the pool is returned to punters.

Put simply, if there is $1000 bet on a race and $950 is returned to punters the dividends will be consistently better than if only $850 is returned to punters.
Management.

[ This Message was edited by: Management on 2004-09-16 15:52 ]

[ This Message was edited by: shoto on 2004-09-16 16:21 ]