accajacca
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the totequick question - what is the percentage deduction made by the tote before paying out on a race?
let's say people place £10k in win only bets on a race and 10 people have the winner - out of the £1000 "due" to to each of them, how much will they each receive?
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alansouthcoast
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From the total amount staked, each pool is subject to a deduction as follows:
totewin deduction 13.5% net pool = 86.5% of stakes.
toteplace deduction 18% net pool = 82% of stakes.
toteexacta deduction 24% net pool = 76% of stakes.
totetrifecta deduction 29% net pool = 71% of stakes.
totejackpot deduction 29% net pool = 71% of stakes.
toteplacepot deduction 27% net pool = 73% of stakes.
totequadpot deduction 26% net pool = 74% of stakes.
totescoop6 deduction 30% from each pool net pool = 70% of stakes.
Hope this helps
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accajacca
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that's great alan, cheers.
i know a lot of it goes back into racing etc, but those are pretty aggressive deductions...
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