Some nice results that cleared our series twice yesterday. Luckily I posted them on this page for all to see. I just love picking up $6+ place dividends, if added to a win dividend even better.
So Yesterday here is one reason why dividends fluctuate so much. In that first race at Grafton yesterday the win pool at Tab Tasmania was effectively less than $1,000 after TAB takeout and the place was less than $600+ after takeout.
In races where the favourite is placed, the favourite place dividend is worked out first then the remainder is split between the other one or two places.If the fav. is very short then the takeout to ensure at least money back at Stab or $1.04 at NSW and if I said it needed 80% of the pool you can see where the money has gone but when runners at ordinary prices say 2nd 3rd and 4th favourites the dividend is fair.
The problem is that you dont know that until after the race which is why Bet365’s middle tote +5% of winnings is abetter deal than most and Vicbets best of three place totes for our Winform account holders is an even better deal.
You can get a Winform account at Vicbet by clicking on the Vicbet banner on our home page.
JUst remember its all about the money YOU get.
Its like Flybuys or Eveready Rewards. The people who choose not to join are paying full price which covers the cost of giving Flybuys and Everyday Members their discounts.