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  #1  
Old 14th March 2015, 06:38 PM
partypooper partypooper is offline
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Default Watch your bonus bets

Done it again, got some bonus bets this week decided to have a go at a few outsiders, one of which SR7-2 ran 3rd, now I'd had $10 EW using bonus bets, in other words $10 for the win @$21 and $10 the place @ $4.90 (both fixed)

It ran 3rd so you expect $39 right? ......... wrong I got $29, why because they also deducted the losing $10 win bet WHAT?

Now if I had put $10 for the win and $10 for the place (separate bets) instead of ticking EW I would have got $39.

As $10 EW is the same bet as $10 win &$10 place, this has to be an example of insanity.
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  #2  
Old 14th March 2015, 06:46 PM
blackdog1 blackdog1 is offline
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Quote:
Originally Posted by partypooper
Done it again, got some bonus bets this week decided to have a go at a few outsiders, one of which SR7-2 ran 3rd, now I'd had $10 EW using bonus bets, in other words $10 for the win @$21 and $10 the place @ $4.90 (both fixed)

It ran 3rd so you expect $39 right? ......... wrong I got $29, why because they also deducted the losing $10 win bet WHAT?

Now if I had put $10 for the win and $10 for the place (separate bets) instead of ticking EW I would have got $39.

As $10 EW is the same bet as $10 win &$10 place, this has to be an example of insanity.
You have to read the fine print party, yes you would have been better off with a $20 place bet. Win draw or lose the bonus, the FULL amount is deducted lost for ever, I'm surprised they let you break it up into win and place, usually it has to be a single bet.
At least you got something out of it I usually blow it.
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  #3  
Old 14th March 2015, 06:58 PM
partypooper partypooper is offline
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My point is they deducted the $10 for the win bet TWICE, i.e. the $10 I put on so it lost OK fair enough, but then deducted it again from the winnings from the place bet, that has to be criminal.
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  #4  
Old 14th March 2015, 07:41 PM
blackdog1 blackdog1 is offline
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Sorry I misunderstood, I thought you had two bets and I said I was surprised they allowed it, you usually can't brake it up into a place and win bet, it has to be one bet win, place or each way, so the deduction was correct.
Painful but correct.
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  #5  
Old 14th March 2015, 08:12 PM
Mark Mark is offline
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Hi Party

You've outlaid $20 and received $49......$29 profit.
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  #6  
Old 14th March 2015, 09:02 PM
partypooper partypooper is offline
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Blackdog1, Mark, yes I know it's correct "to their rules" as you know I got caught once b4, and just forgot. if I'd had $10 win and $10 place 2 separate bets, (exactly the same as $10 EW) my outlay would also have been $20 but my return would be $39 not $29 can you see that? it's to do with perception.
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  #7  
Old 14th March 2015, 09:37 PM
Mark Mark is offline
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No mate, I think you're confused.
If you'd had 2 separate bets, they would be.... 10 win, which lost, and 10 place to return $49. So first bet loses $10 and second bet wins $39.......which is $29 profit.
If you had the same, say on the tote, with the same result, what would your profit be? It's still $29.
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  #8  
Old 14th March 2015, 09:58 PM
blackdog1 blackdog1 is offline
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Quote:
Originally Posted by partypooper
Blackdog1, Mark, yes I know it's correct "to their rules" as you know I got caught once b4, and just forgot. if I'd had $10 win and $10 place 2 separate bets, (exactly the same as $10 EW) my outlay would also have been $20 but my return would be $39 not $29 can you see that? it's to do with perception.
You are right if you could do it that way, but I yet to see where you can break up your bonus money in to separate bets with any bookie or Lux or anyone, they just do not let you!
Better win only or place only.

Last edited by blackdog1 : 14th March 2015 at 10:00 PM.
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  #9  
Old 14th March 2015, 10:00 PM
The Ocho The Ocho is offline
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I'm no expert by any means but I make it what PP is saying.

He had a $20 Each Way bet made up of the following:
$10 win bet = Loss
$10 place bet @ $4.90 = Win $49 ($39 of their money and $10 of your bonus money).

So $49 less the losing $10 win bet = $39.

I suppose the fine print says they take their $20 bonus bet back if you win anything bringing it down from $49 to $29.

Anyway, frees free.
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Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”

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Last edited by The Ocho : 14th March 2015 at 10:05 PM.
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  #10  
Old 14th March 2015, 10:20 PM
Mark Mark is offline
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Except a $10 winning bet @ 4.90 doesn't win you $49, it wins you $39.
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