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  #1  
Old 8th May 2013, 09:57 AM
Puntz Puntz is offline
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Default Win and Place Pools formula

Fine tuning part of a selection method, how to determine amount of money on each runner.
Is this simply dividing the Current Win Pool by Odds on offer ?

Win Pool: $100,00.00
TAB: 1: Win: $4.50

is the formula:
100,000.00 / 4.50 ?
= 22222.22222

or are there other considerations such as TAB take Etc ?


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Old 8th May 2013, 10:12 AM
SpeedyBen SpeedyBen is offline
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Puntz
I'm fairly sure that the TABs show the gross pool figure so your calc should be correct.
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Old 8th May 2013, 10:35 AM
beton beton is offline
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Quote:
Originally Posted by SpeedyBen
Puntz
I'm fairly sure that the TABs show the gross pool figure so your calc should be correct.

It would have to be a nett figure to be correct. To be sure ring them and get it from the horses mouth.
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