Should carryovers go back to the centre...

Pirhobeta wrote: IMO...and this is what the operators fail to comprehend...If I bet at Fairview...it is because I perceive that I can make some money betting in a large field...R4,00 place payouts are not un-common
How in the hell can I make some money in a 5 horse field where the 50/1 outsider is paying R22 for a win on the Tote...


:blink: :blink: :blink:

and it has'nt won yet... :whistle: :whistle: :whistle:

Mnr Brogan

Please can you ask Vee to explain :

Flamingo have only 7 Feature meetings in a year.

2 August 2014 their biggest raceday with 3 feature races exceeding 100k
Pick 6 pool 683k and no carryover money added to boost pool.

5 January 2015 with a 100k feature
pick 6 pool 518k and again no extra money to the pool added from carryovers

26 January 2015 pick 6 carryover of 420k !

16 February 2015 with a 100k feature
Pick 6 pool 385k and yet again no extra money added to pool ,not even a cent from the 420k previous month

2 March 2015 pick 6 carryover of 481k !

23 March with a 100k feature
Rained out but yet again not a cent of the now 900k from 2 carryovers advertised to be added to pool
(According to some trainers the Ra also did not put much effort try to get this feature meeting reschedule )

30 March 2015 pick 6 carryover of 452k !

According to Vee he already took half(650k +)of these money for classic day and the other half he already taken for Derby day.


Why not putting back money in the centre's pick 6 pools , not even on a feature days??

On 13 April 2015 its the 3rd last feature meeting at Flamingo

Why not try to promote and boost the pool that day with money taken from that pool or is Flamingo only the biggest contributor to pools on Highveld's big days?

What does the operator do to promote Flamingo Features?

rob faux wrote: LSU, I beg to differ with your statement that rounding down is not significant .........bearing in mind we are talking every single bet type and there is no rounding up to balance the books.

Pirates, I am a regular punter but probably not in the league of the majority of guys in this forum. I don't see myself as a big gambler but after spending a serious sum of money on developing a racing product and all the marketing associated with it I might have to reconsider this view.

To Rob, I apologise about the rounding as you probably have a very valid point. Internationally most of the rounding happens on the third decimal and has very little impact.

It appears that in SA we round down on the second decimal. For me as a small time punter playing mostly exotics this has very little impact with a worst case scenario of about 9c on any dividend received. For most exotic players I think that the effect is hardly worth mentioning.

As far as wins and places and multiple exotic lines are concerned the picture changes dramatically and I can see why the rounding is being questioned by the bigger players. This is especially true where smaller dividends are won multiple times. In cases like these the rounding can amount to a not so insignificant percentage as I saw on a few calculations that I did last night.

Sorry for being a bit of a mug on this one guys, point taken.

LSU wrote:

rob faux wrote: LSU, I beg to differ with your statement that rounding down is not significant .........bearing in mind we are talking every single bet type and there is no rounding up to balance the books.

Pirates, I am a regular punter but probably not in the league of the majority of guys in this forum. I don't see myself as a big gambler but after spending a serious sum of money on developing a racing product and all the marketing associated with it I might have to reconsider this view.

To Rob, I apologise about the rounding as you probably have a very valid point. Internationally most of the rounding happens on the third decimal and has very little impact.

It appears that in SA we round down on the second decimal. For me as a small time punter playing mostly exotics this has very little impact with a worst case scenario of about 9c on any dividend received. For most exotic players I think that the effect is hardly worth mentioning.

As far as wins and places and multiple exotic lines are concerned the picture changes dramatically and I can see why the rounding is being questioned by the bigger players. This is especially true where smaller dividends are won multiple times. In cases like these the rounding can amount to a not so insignificant percentage as I saw on a few calculations that I did last night.

Sorry for being a bit of a mug on this one guys, point taken.

Sorry to be pedantic,but the worst case scenario is 9c, PER RAND STAKED. per dividend which can be as high as 12% of net pools! :evil:

I think the carryover should go to the centre where the caryover origanate

Rockspider wrote: I think the carryover should go to the centre where the caryover origanate

That's my feeling as well

maybe someone could care to explain to me why borrowdale park today had a carryover pick 6 of 272122 from their meeting on the 8th of march?the pool got to a paltry 420966 including the carryover amount ..does borrowdale p6 carryovers only go to borrowdale pools?does the same apply to Mauritius?

Whatever center it goes to it has to be a better proposition than the open bet carry over policy ie gone forever...

Titch wrote: Whatever center it goes to it has to be a better proposition than the open bet carry over policy ie gone forever...

considering the bookmakers take a risk of losing money whereas the tote has zero risk but just take their 25 percent chop what would you like the bookies to do refund you the money cos its a carryover?maybe the tote should refund all the losing bets as well considering nobody won

pirates wrote:

Titch wrote: Whatever center it goes to it has to be a better proposition than the open bet carry over policy ie gone forever...

considering the bookmakers take a risk of losing money whereas the tote has zero risk but just take their 25 percent chop what would you like the bookies to do refund you the money cos its a carryover?maybe the tote should refund all the losing bets as well considering nobody won

23% actually with absolutely no limits, so you keep supporting the open bet if you will, the equation is simple so anyone who plays into a limited pool for the same stake outlay as an unlimited one is definitely not one who's opinion carries much value imo... to each their own i guess..

my opinion carrys zero value titch never said it did however to answer you if the pool is going to reach more than the limit offered by the company offering the open bet I will play it on the tote but 99 percent of the time the limit offered far surpasses the pool on th e tote ...I understand why you are anti open bet titch and continue to use this platform to knock it ..

pirates wrote: my opinion carrys zero value titch never said it did however to answer you if the pool is going to reach more than the limit offered by the company offering the open bet I will play it on the tote but 99 percent of the time the limit offered far surpasses the pool on th e tote ...I understand why you are anti open bet titch and continue to use this platform to knock it ..

The reason that i am against the open bet is well documented, imo it is a parasitical practice that is the root of the ongoing problem that now exists between the operators and the bookmakers which has the punter in the middle, bookmakers that have tote machines in their shops are paid a commission on their turnover but clearly for some this is not enough and the collateral damage that is caused by their greed is conveniently over looked, if they stuck to the fixed odds market and left the exotics to the operators none of this BS would have started in the first place.. and by the way i dont give a flying fcuk who thinks what about my opinion on this subject, I believe it is born from pure greed, with absolutely no regard to the detrimental effect it has on racing as a whole and I will continue to air my views whenever the opportunity arises, and believe you me it is most definitely not limited to this platform...all my websites carry the message and will continue to do so!!!