13th December 2005, 11:49 AM
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Member
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Join Date: Jan 1970
Posts: 578
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Quote:
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Originally Posted by Winston_Smith
two items to be careful about. one dividend it show on page is before commission so $2.00 on austote is not as good as $2.00 on TAB and two pool sizes are small and be effected by large bet
i like austote interface very quick and very nice. it also have dutchbook calculator built in. Thank you. Winston.
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Winston makes a very good point about any large bet on Austote having a dramatic affect on the dividends.
For example, taking the largest paying divided on Austote on the day from last Saturday, it was race 3 @ Ascot, a small field in which Trochee the outsider of the field won paying $29.85 in a win pool that amounted to $22,985.
Now as Winston has pointed out those dividends are pre take-out as that is a variable depending on user points gained (turnover).
One additional bet (or collective bets) of $200 on the winner would have reduced the dividend to $23.90 and assuming a user take-out rate of 5% would have further reduced the final payout to just $22.70.
The NSW tote after the take-out and rounding down paid a dividend of $24.60.
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