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Calculation Required
Help required in understanding the effect a large wager has on the TAB price. I need a rough calculation prior to placing the wager. I realise that the size of the pool and the frequency of wagers prior to jump time will all have an effect but I just want to know what effect 'my bet' has on the pool and ultimately the dividend.
e.g. Win pool of $36,000 - $1,000 laid on at 4:1 - change in price ??? Win pool of $100,000 - $1,500 laid on at 5:1 - change in price ??? Is it even possible to calculate? I have tried unsuccessfully watching the win pool and prices but it is all happening too fast. I would appreciate anyones input. Regards Zlotti |
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