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  #11  
Old 31st July 2004, 07:57 AM
michaelg michaelg is offline
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Hi, Shaun.

Maybe today's trifectas might agree with the formula as the pools will be much larger and therefore less open to distortions.

It has been suggested that with the introduction of Flexi Trifectas that the dividends have been low in the higher range, i.e. when outsiders run first, second/third. If this is the case, it would be logical to assume that the dividends when the favourite(s) do well that "overs" can be obtained.
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  #12  
Old 31st July 2004, 08:31 AM
Shaun Shaun is offline
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Puntz....i have it writen up in excel does the same job as the Qbasic program....Qbasic is an old language....i could write this up in visual basic if i get time....i did write it up in excel to cover 1 banker and up to 7 runners for 2nd/3rd....by the way i put those numbers in my excel sheet and i got $16.67 close enough to yours.

michaelg...for those people that do thier own prices this could be useful to see a nice paying trifecta....or just to say take out $1000 no mater who wins....better than boxing say 5 runners at $60 and getting a trifecta that pays $59.....this would be a good system for those backing dogs being only 8 starters.

[ This Message was edited by: Shaun on 2004-07-31 09:42 ]
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  #13  
Old 31st July 2004, 08:48 AM
puntz
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[ This Message was edited by: puntz on 2004-11-03 10:08 ]
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  #14  
Old 31st July 2004, 11:02 AM
Shaun Shaun is offline
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With the WA tab you can use the expert bet to upload a file with your bets....all you need to do is create the file....this can be done with excel.....let me know what you need i will have a go at createing an excel file that will do it for you....not sure if they have this with other tabs but would suggest they do
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  #15  
Old 1st August 2004, 06:54 PM
puntz
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Thanks Shaun,
what I have in mind will require far more than excel.

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  #16  
Old 2nd August 2004, 10:09 AM
michaelg michaelg is offline
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Hi, Shaun.

Just a point of interest with trifecta calculations.

Comparing the TAB Win prices to the trifecta dividends may not be entirely accurate.

I believe the Win prices shown on the TAB monitor reflects a 15% deduction from each horse. So if a $5 horse wins, the real TAB price before the deduction of 15% should therefore be $5.90 ($5.90 X 0.85 = $5.00). The same applies to the prices of the second and third horses.

Even though the trifecta deduction is 20%, it is not as severe as the 15% deduction from the win prices of the three trifecta horses.

If my above assumption and calculations are correct, the trifecta dividend will generally be greater than that calculated when the TAB Win prices are used.
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  #17  
Old 2nd August 2004, 11:15 AM
Shaun Shaun is offline
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I would have to agree with your above calculations as all the tests i have done have given a higher payout than i have assesed ....but this can only be to our advantage because it is better to get a higher payout then you predicted than it is to get a lower one.....the thing i find most interesting of all is that the win prices have nothing to do with the trifecta dividends....they are determined the same way as the win.....the total trifecta pool less 20% devided by the total number of winning combinations...we know that the 3 favs are put in the trifectas the most...but take this as an example a horse is priced at $25 it has run a place in all of its 20 starts but never won it's place price is $2 this horse would be added to all trifectas or most of them so if you ran the formula you would get a different price to the actual payout.....teletext used to show the trifecta trends...i think they are only shown in tabs now....that is the only way to really determin the payout



[ This Message was edited by: Shaun on 2004-08-02 12:18 ]
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