NEWBURY PLACEPOT WHAT HAPPENS NOW

First time I have ever landed a placepot to £97.20 before..

the only winners will be the tote. all lines on the first winner and you will still loose!

They will be a dividend but it will surely be 1.05p or even your money back

how do you arrive at a stake of £97.20 ..is this a perm bet ?

Have they declared it yet?

At least my cashback will mitigate some of the loss when Tote Direct take 27% out of the pool.

Yep permed sir. My total stake was £97.20

The Toote should be embarrassed at taking their percentage out after 1 race.

THEY will though

To think that you can put a pot on, pick the first winner, have your whole stake running onto the next race and still lose is just not right.

roxy-it's FULL refund

where you see that mully

said on RUK

placepot pays

£1.10p

p pot div £1.10  how did they get that

over 177,000 winning units.....

Total in pot £183.139Total left in after race one £177.011

After deductions under the normal method dividend would pay £0.70 but obviously someone has used common sense and declared a dividend of £1.10 which is generous under the circumstances 

What happens on a permed PP. Do you lose all the extra perms or are they classed as winners?

permed bets you lose

No Mully unless you have had a losing line in the opening race your total returns will be increased by 10% 

Hayden i dont think that's correct

Mean't total investment increased by 10% , you know what I mean  [;)]

you divide the dividend by your unit stake, and then multiply by the number of winners u had in first leg. So you do win if your unit stake £1+ lose if unit stake less that £1

Providing you haven't had a losing line in the first race your total outlay must be increased by 10% if the dividend is £1.10 , irrespective of any unit stakes it's all relative

MrBaboon

The unit stake is irrelevant tbh and just a red herring , it's a mathematical total outlay increase of 10% providing there's no losing lines included whether your unit stake is 10p or £10 , it's all relative.

As it happens its paid rather well

1.20  Full Result 

1st  2 Al Ferof (FR)  1-4 F 
2nd  7 Oasis Knight (IRE)  5-1

Huggy

That's what was meaning earlier by generous when you think the traditional calculation would have paid a £0.70 for a 30% loss , thank goodness for common sense prevailing 

£1.10 is the minimum dividend that may be returned on this pool as per tote rules, except of course when a meeting is totally abandoned

Rare occasion when punters get a good deal barking but in sad circumstances 

£1.40 jackpot?!?!?! crazyy

The unit stake is important when calculating your winnings

Final comment would be that in this instance the unit stake is totally irrelevant and it's all relative to your initial stake , the fact remains that whether your unit stake is 10p or £100 the outcome remains the same in that with no losing lines you receive a 10% increase to your total outlay.

Good luck if you play Wolverhampton tonight 

Paul4 , £1.40 sounds crazy but you've in effect received the best return available for a 1/4 winner and with no deductions 

give it to charity.

Hayden, you are correct sorry i misunderstood. Ive had a go at Wolves tonight

I lost half my stake Had NR & 3rd in the first race(2 selections). Nice of them to take half my money on a race that should never have been run anyway