Re:This cannot be legal

I have some people sanding and varnishing my deck and wooden doors in prep for the rains coming in the next few weeks and have had Tellytrack on in the background. Upon passing thru my lounge en route to the work being done I noticed a horse that was 1/20 in a 12 horse field somewhere in Aussie chariotland I think it was Gloucester r5.

To make a long story short I watched the race and the fav duly won and paid R1-00 the win and place.. Heres my gripe. Using my pvr I rewound as far back as I could to see if the tote dividends were ever positive. They werent. The win stayed on R1-00 for the entire 12 minutes tote divs were scrolling. The place fluctuated betwee n R0.50 and R0.60. In essence punters never had an opportunity to make money. There was only risk. This cant be right surely if betting is offered there has to be a minimum payout even if its R1.01

Never understood why there wasn’t a min payout... Just doesn’t make sense


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Its been like this for years
I just feel sorry for the poor punters backing the horse or even other horses in the same race , as all their losses just went to paying the take out.

Even with Black Caviar there was always a payout no matter how small

.....the Ozz min TAB payout is A$1.04 ....but here the operator gives you exactly ZAR1-00....:whistle:

our payouts are in .10 c denominations...

so u play for R 1.00 & get back either that SAME R 1.00 or R 1.10 if you're lucky.

I was told YEARS AGO that the tote could not Guarantee a R 1.10 payout - be it WIN or PLACE.

I suppose that makes sense ................ if any of the BIG BOYS PLAYED SUMMER PUDDING LAST WEEK - PLACE.... Put 100 grand............ get back 110 grand for PLACE ( would be money for jam i guess :S :S )

Gambling Board legislation is clear :

Possibility to win (1) In all cases there must be a possibility for either party to win at the time the bet is made, failing which the bet or the affected selection, as the case may be, shall be void.

Breaking square or losing as the only options is in clear violation of this rule, and so OTA is technically correct in questioning the legal validity of a R 1 return.

that rule falls under the bookies operating rules - has nothing to do with tote betting

So the Open Bet doesn't count ?

sorry, didn’t know the bookies made their own odds for open bets – thought they simply paid the tote dividend
i,e., NO – open bet does not count