Same Horse doubles @hollywoodbets

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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286471
my point hibs is that i am taking a chance...if it wins on the snap...let me be rewarded...and if it scrambles in under a hard ride..or loses...let the bookies be rewrded

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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286472
in this instance the bookie has 2 chances...i only got 1

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  • Bob Brogan
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286477
Found this on an Aus bookie website...


A reduction may be applied to the price offered when the same horse is selected in both legs of a Racing Double. This reduction will generally apply when, in the view of TAB Sportsbet, the price in the second leg race will subsequently be reduced as a result of that horse winning the first leg.

Where this occurs, the price of the Racing Double will be reduced by a percentage based on the WIN price for your runner in the 2nd leg. The percentage deduction to be applied is shown in the table below.

Price Range Percentage Reduction
of 2nd Leg
1.01 – 4.00 25
4.01 – 6.00 30
6.01 – 8.00 35
8.01 – 11.00 40
11.01 – 15.00 45
15.01 – 18.00 50
18.01 – 23.00 55
23.01 – 31.00 60
31.01 – 51.00 65
51.01 – 71.00 70
71.01 – 101.00 72.50
101.01 - 251.00 77.50
251.01 - 501.00 82.50


So, for example if you selected:
Makybe Diva - Caulfield Cup @ price of $10.00
Makybe Diva - Melbourne Cup @ price of $8.00

The deduction applied in the Melbourne Cup would be 35% giving an amended price of $5.20.

Thus your Racing Double Price = $10.00 x $5.20 = $52.00

The majority of Racing Doubles will not be affected by this situation. However if you do select the same horse to win both legs of a Racing Double:

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  • Bob Brogan
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286483
And some bookies just void the prices taken on the second race and settle the bet at the 1st show for the second race


When the same selection is backed to win two or more races/events where at least one of those events is an ante-post bet, special odds are applicable. These special odds will supersede the accumulative odds calculated from the individual event prices irrespective of the fact that the individual event prices may be endorsed on the slip or accepted on the Internet. If special odds were not available, the multiple bet stands with the first-run leg of the bet remaining at the odds taken when the bet was struck. The odds for the second leg of the bet will be returned at the first price available for that leg after the first part of the bet has been completed.

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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286488
hibernia Wrote:
> And some bookies just void the prices taken on the
> second race and settle the bet at the 1st show for
> the second race
>
>
> When the same selection is backed to win two or
> more races/events where at least one of those
> events is an ante-post bet, special odds are
> applicable. These special odds will supersede the
> accumulative odds calculated from the individual
> event prices irrespective of the fact that the
> individual event prices may be endorsed on the
> slip or accepted on the Internet. If special odds
> were not available, the multiple bet stands with
> the first-run leg of the bet remaining at the odds
> taken when the bet was struck. The odds for the
> second leg of the bet will be returned at the
> first price available for that leg after the first
> part of the bet has been completed.

how much more loaded can a bet be in favour of a bookie...its madness...and its still ante post..if it breaks down or scratched in the lead up...u lose your money

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  • ShezaPunter
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286495
I agree 100% with RG.. This is a pathetic bet, u might as well tk singles.
As well, its a long term bet as well, so you risk ur horse being hurt, going off the boil, being ill,etc. Yet you still have to undergo a 33% deduction. Its pathetic. Rather save R100 each day, that you wouldve punted. And bang ur fansy come race day.
Btw RG, which is the horse you fansy to kill.lol.

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  • gordo
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286523
This is interesting and didn't even know bout this type of deduction?
If somebody could kindly explain to me? If you took Variety Club (Green point stakes) onto Variety Club (queens Plate) for example, and VC won both, you would then be subject to a 33% deduction on payout?

Does anybody know if sporting bet do this?

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  • Bob Brogan
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286526
everyone does it Gordo,look at the article from the austrailian bookie above,they deduct even more than 33%

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  • Bob Brogan
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286530
It`s the same with betting scorecasts on the soccer... if the 1st part of your double is up it effects the 2nd part for example Hernandez is 6/1 to score 1st tonight for UTD and United are 10/1 to win 1-0 but the scorecast is only 45/1

in the old days we used to dead heat the goalscorer part of the bet so for a 1 unit bet you would have 3.5 units going onto the score at 10/1

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  • Mac
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286537
got me baffled

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  • bayern
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286553
Mac Wrote:
> got me baffled

If your fancy wins the first leg, irrespective of the winning margin, it will shorten in the second leg betting. If it runs a "forward race", over a distance short of it's intended race (distance), it will shorten e.g.Jackson gets beat in the Queens Plate but is really running on strongly at the finish - conversely, if the horse puts up a poor performance and doesn't have that come-on look, it will blow out in the second leg betting.
Guessing has never been widely acclaimed as a good gambling strategy.

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  • Deeno
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Re: Re: Same Horse doubles @hollywoodbets

12 years 6 months ago
#286607
gordo Wrote:
> This is interesting and didn't even know bout this
> type of deduction?
> If somebody could kindly explain to me? If you
> took Variety Club (Green point stakes) onto
> Variety Club (queens Plate) for example, and VC
> won both, you would then be subject to a 33%
> deduction on payout?
>
> Does anybody know if sporting bet do this?

GORDO

As far as I know that deduction is already factored into your bet.
There should be no further deductions ALTHOUGH I am not aware as too how scratching will affect the bet.

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