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![]() 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. ----------------------------------------- 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 ] |
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