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  #31  
Old 12th December 2005, 10:11 PM
Winston_Smith Winston_Smith is offline
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Quote:
Originally Posted by KennyVictor
I've never used Austote (never seemed to have the races I wanted to bet on) so I'm not familiar with how they operate. Is it along the same lines as the TAB, i.e. win pool divided by the number of winning bets and then a commission creamed from the winnings?
mr kenny victor
yes austote similar in that it is parimutual pool like TAB. but with two major advantage. one it only take 5% or less from winning and two it round to 5c not 10c.
two items to be careful about. one dividend it show on page is before commission so $2.00 on austote is not as good as $2.00 on TAB and two pool sizes are small and be effected by large bet
i like austote interface very quick and very nice. it also have dutchbook calculator built in.
Thank you. Winston.
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  #32  
Old 13th December 2005, 07:05 AM
jfc jfc is offline
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Winston,

You truncated my original comment:

Quote:
Originally Posted by jfc
The liquidity is irrelevant, because unlike Betfair your bets always go on. The pools are now surprisingly high as you can check from their results.


to

Quote:
Originally Posted by Winston again misquoting jfc
The liquidity is irrelevant,



Thus changing my intended meaning of liquidity to your quite different dubious meaning.

Then you used that misquotation to try and pick another fight.

I'll let everyone form their own opinion as to whether you are really trying to participate in an intelligent discussion, or whether you have a hidden agenda.
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  #33  
Old 13th December 2005, 11:05 AM
darkydog2002 darkydog2002 is offline
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Smile GEES JFC

I see what you mean.

Cheers.
darky,
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  #34  
Old 13th December 2005, 12:49 PM
La Mer La Mer is offline
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Quote:
Originally Posted by Winston_Smith
two items to be careful about. one dividend it show on page is before commission so $2.00 on austote is not as good as $2.00 on TAB and two pool sizes are small and be effected by large bet
i like austote interface very quick and very nice. it also have dutchbook calculator built in. Thank you. Winston.


Winston makes a very good point about any large bet on Austote having a dramatic affect on the dividends.

For example, taking the largest paying divided on Austote on the day from last Saturday, it was race 3 @ Ascot, a small field in which Trochee the outsider of the field won paying $29.85 in a win pool that amounted to $22,985.

Now as Winston has pointed out those dividends are pre take-out as that is a variable depending on user points gained (turnover).

One additional bet (or collective bets) of $200 on the winner would have reduced the dividend to $23.90 and assuming a user take-out rate of 5% would have further reduced the final payout to just $22.70.

The NSW tote after the take-out and rounding down paid a dividend of $24.60.

Last edited by La Mer : 13th December 2005 at 12:58 PM.
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  #35  
Old 13th December 2005, 01:16 PM
KennyVictor KennyVictor is offline
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Here's another comparison. This is Best tote against NSW. Figures are over about 12000 races from the start of this year where all 3 tabs had a pool.

$ Best/NSW

1 +7.53%

2 +8.01%

3 +8.10%

4 +7.80%

5 +8.52%

6 +9.44%

7 +8.28%

8 +9.23%

9 +10.96%

10 +11.43%

20 +13.39%

30 +11.88%

40 +13.57%

50 +10.11%

KV
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  #36  
Old 13th December 2005, 04:20 PM
jfc jfc is offline
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Default AusTote versus NSW and Best Tote

KV,

Useful stuff.

I've taken the liberty of combining our efforts.



$DivAus/NSWAus/Best
1+17.2%+8.99%
2+17.9%+9.16%
3+19.2%+10.27%
4+17.2%+8.72%
5+19.3%+9.93%
6+17.9%+7.73%
7+20.1%+10.91%
8+22.0%+11.70%
9+21.2%+9.22%
10+19.0%+6.79%
20+21.2%+6.89%
30+22.7%+9.67%
40+39.0%+22.39%
50+38.6%+25.87%

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  #37  
Old 13th December 2005, 07:45 PM
Winston_Smith Winston_Smith is offline
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mr jfc
yes i "truncate" your message. most people call it "trimming" and i read in "Netiquette Guide" to do this. Elsewhere on this forum you state that you trust intelligent people to go back and read what was actually written. that is why i deliberately leave in ", because" in my quote for people to see there was more. BTW you conveniently misquote me to make your point by leaving this part out. do you have "hidden agenda" in your misquote?

mr chrome prince ask
But what is the liquidity of the pools like? I've been waiting for them to build up to reasonable levels.
you dismiss his concern offhand with factually correct but irrelevant reference to betfair then classify austote pools as "surprisingly high"
(anyone wishing to read actual statement go to http://forums.ozmium.com.au/showpos...26&postcount=18)
i did not take to task either of these statement. i could have launched into statement calling farcical your reference as "surprisingly high". justified in light of $557 pool size for race 1 at caloundra that day. but i did not.
in fact your post actually ask why others not use Austote. (again, click above link to read actual post). my post is direct response to mr chrome prince question and your question. it explain clearly why i not use austote for serious bet.
Thank you. Winston.

Last edited by Winston_Smith : 13th December 2005 at 07:47 PM.
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  #38  
Old 13th December 2005, 09:41 PM
jfc jfc is offline
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Winston,

Remarkable how your posting style has undergone sudden drastic changes, while your grammar stays inconsistent.

You used to bold but now you underline.

You now italicise instead of your usual

Quote:
Originally Posted by How Original Winston would quote
quote.

And you now go to the trouble of telling people that they need to click on hyperlinks! How did they ever manage before?



But I'm sure no one else will notice.
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  #39  
Old 13th December 2005, 10:51 PM
Winston_Smith Winston_Smith is offline
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yes. wonderful thing this bulletin board. it have wonderful help system which show me how to do many thing like change colour or add smilie . many intelligent people use it to learn new thing. pity it not have section on gramar.
Thank you. Winston.
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  #40  
Old 13th December 2005, 10:57 PM
slowman slowman is offline
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SILLY BOYS IS ALL CHOPPER HAD TO SAY
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