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  #11  
Old 28th June 2005, 01:50 PM
gazman gazman is offline
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Join Date: Jan 2005
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Default not so hard

to tell you the truth ,,,,its easy to get around the problem and thats dont bet with the pricks,,,,there is lots of other options,,cheers,,gazman....
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  #12  
Old 28th June 2005, 02:20 PM
AssumeTheCrown AssumeTheCrown is offline
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Location: Gippsland, Victoria
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Take out on First Fours (NSW TAB) is 22.5% and on Pick the Margins(NSW FOOTYTAB) it is a whopping 25%. It is very hard to beat an edge of this significance. Quadrellas should pay a lot more than an allup because the pool is only getting taxed once (20%). A four-way all up will be taxed four times on each win bet (15% or close to). Remember a runner that pays $4.0 for a win is really about a $5 or 20% win chance. So an all up with four $4 chances should pay $625 ($5x$5x$5x$5) not $256 ($4x$4x$4x$4) according to "true" odds. Hence quadrella dividends should pay about twice the all up as a general rule of thumb.

Cheers
ATC
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  #13  
Old 1st July 2005, 02:07 PM
KennyVictor KennyVictor is offline
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Here's an interesting page:
http://www.betting-ring.com/australia.html

I think it's probably way out of date by now but it shows something that I didn't know and that is that various TABs charge different commissions on the same bets. Quinella varying from 14.25 at NSWTAB to 20% at WA Tab and even more at the NZTab according to this article.

KV
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