Chester placepot!

£6,671.60p

doubt a shop would pay that much out

bagga0     28 Sep 13 17:01 
that's why I was asking
ive got it to £2.60





hope it is correct for your sake.

there is no tote at the course either is there.

amazing they have left it running like that all day, then again............  another embarressment for him

suicide watch

5 up; had romantic settings in the difficult leg and changed my mind at last minute because it was so weak on betfair

had it to 4 quid ....

wd whoever got it

hope everyone gets paid and fred does a million

i got it for £6 !! ...waiting for the catch !

just rang betfred and they are saying it is correct but i still don't believe them

well done mousaka

i hope all the winners get paid

How can the pot be so much?, at Royal Ascot or Cheltenham you don't get that

Obviously a freak pool and a freak dividend but it does happen occasionally !! (i hope !!!)

The pool is certainly a mistake.

don't think so Newmarket 140k chester a million and a half could be the tote riggers from the far east again

Has it anything to do with Chesterbet?

a freak pool, average saturday pool around £80k, pool at cheltenham,ascot etc aound £300k at most, chester today 1.5 million

good luck getting paid and well done for getting it up a couple of really tough legs. if they say its correct go and get paid, quickly

very quickly

strange they have declared the dividend though

SqueezeFirmly

race 1 - favourite placed
race 2 - joint 3rd fav won it
race 3 - favourite won it
race 4 - favourite placed
race 5 - favourite won it
race 6 - favourite placed

Must have been a rich arab who has done his absolute nuts in the pool.

It would help if I didn't put up the results from Ripon instead of Chester

I don't think chester has ever had a pp pool of more than 200,000 even on chester cup day.

i would have thought the average is around £60k

Especially as you cant do tote bets on course anymore, I wonder if the racing post will pick up on it.

you would have thought though, that by now someone, somewhere at Betfred would be asking questions.

**** if theres was a million and a half in pool

Has anyone been paid out either on here or in the shops.

yes let us know if anyone gets paid hope you do

after 30 odd years i thought i had seen it all, if its correst i clearly havent

Even if they payout and I hope they do the pool cant be correct.

thing is when they correct it they can give out any  figure and we have no comeback.

who are you on with Gib?

sorry it was the other two who said he had it up

if its correct

27% deduction for fred

1,587,949 
27 %
428,746.23 =
428,746.23 -
--------------------------
1,159,202.77 =

173.75 ÷
--------------------------
6,671.67061870503597 =


£428,746.23p for fred

Never seen the like.

Hope it is true for the winners.

Somebody let us know if they get paid out. Good luck, I've got my fingers crossed for you.

Announced a Scoop 6 place dividend correction on atr...

just got this
Thank you for your email.



I have spoken to our department who deals with the Pool and Dividends and they have confirmed that the Placepot for Chester was £6,671.60.

I saw the breakdown and in leg 3 there was 120'000 on number 5 and 80'000 on number 1, I'm guessing there appears 1.5 million more than usual in the pool.
Somebody somewhere has lost a lot of money, I wonder if there's something mentioned in the racing post tomorrow, I doubt it.

Who would place such a bet?

Makes no sense at all.

It is like putting £10k in the win pool. You are just buying some of your own money back.

Will be watching the pools tomorrow.

I agree, so will I! :)

if he puts 1.5 mill in the pool he loses either way because they'll take out about 400k  before they pay a dividend

This story will be big news in the next few days, will Baldy publicise the dividend and pool size

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I agree Huggy, there aren't even a million in the Ascot and Cheltenham pools, something somewhere has gone awry.

think I would have collected today before the mistake is found if I was lucky enough to have won

the tote will be very happy, whoever put that million and a half in pool did nothing wrong

Went in my Betfred with my £24 stake slip...said to come back tomoz morning after weve ad it checked and gone thru security....and again have cofirmed the dividend ...happy dayz..and yes iv ad a few !!!

remarkable stuff, most mystifing thing i have heard in many a long time

what happened then guys, did you get paid ?

SURELY - the RACING POST have to investigate this.

Quotes - from Fred - of ... "It is correct," - are insufficient.

I know that they are not obliged to name names - But some clues such as ... 'A far-eastern syndicate' - or 'large-staking Australian client' - MUST be forthcoming [b]in explanation.

They must know who .... After all - Nobody has walked in a Shop and plonked £1 and a half MILLION - in 'Readies' on the counter.

someone got a lot of credit with fred

there has to be an explanation onlooker because anyone staking 1.5m on a placepot surely has the brains to realise they will lose even if they had a 1.5m straight line  
because the 28% baldy takes out will make sure of it.

I'm betting this will turn out to be an error in transmission by one of the agents (like Betfair) that take bets on behalf of the Tote for a commission, and that the one and a half million only exists in hyperspace.

So it's either a software bug that has multiplied the real stake when sending the bet, or they've been hacked by someone that doesn't like Baldy.

Of course that would mean a rather large list of suspects .....

TA

You are probably right in what has happened. Either that or it is an on course operator error (obviously not at Chester!). For example someone could have filled out a multiple entry (say 10,000 lines) and asked for a total stake of £150. The operator has keyed it as a unit stake of £150 and issued a ticket worth £1.5 million!!!!

You would expect there to be checks in place in either instance, but once the "rouge" money is in the pot and the first race is off, there is probably nothing they can do to the rolling figures throughout the afternoon.

Red money sounds nicer Reg but yes you are right

you would have thought that even a YTS would notice a pool that size cant be right and why declare a dividend. it would seem when asked they keep saying the calculations are correct and that everything is okay

It would be nice if someone came on saying they had collected.

i agree, even someone with 10p worth just to see.

I have correct slip placed ladbrokes shop have said its 100 percent correct and will pay tmrw due to ammount customer services confirmed it asswell.will post tmrw to confirm fair play to baldy for honouring it imo

Has there been any comment on RUK or ATR as yet?

Nothing in the RP today.

Took the day off yesterday to go to the golf and missed this wtf?
Who and why does anyone put 1.4 million on a placepot.
I hope you get paid but I cant help but think something stinks and fred will come up with some excuse.
Needs to be transparency on this.

Was Fred playing a game in the same way he could be manipulating the win pools in running - so lets just says he has visibility of all placepot permutation he then covers the permutations that will pay much much more than the true odds - i.e those permutations that have been "missed"

It doesnt matter that he may need £1m to cover this as he gets the takeout back anyway.

There is no transparency whatsover as to where the money comes from - and in the case of win betting crucially when the money goes down. Obviously the placepot pool is declared up front but it would be interesting to note when the pool jumped to £1.5m

Just looked at the results, I generally only do one placepot a day, and went for Newmarket.

I don't study form, and I put it on as near as I can to the first race, after the morning markets have settled.

For the first 4 races:
I have the 1st, 3rd and 4th best on the BF screen in races of more than 7 runners
I have the 1st, 2nd and 3rd best on the BF screen in races of 7 runners or less.
And the favourite on the BF screen on its own in races 5 and 6.

81 line perm, and it would have given 4 winning lines.

Sums up my luck that does.

latest update is  i've been paid out a quarter of my bet and got a check for the rest, looks like happy days

good luck to you

ladiies wont pay me till tmrw but say that is due to ammount only and are saying 100 percent i will be paid.

Well done, what an unexpected payday!

Incredible, would love to know the reason behind the big pool ?

still not relxed though, thinking they might cancel the check

They cant mate payout declared tote confirmed it people need to know pools are correct so even if a mistake they have to honour it otherwise bet is dead .pr disaster if they didnt pay out plus legally if they didnt pay theres an argument to answer so

well done to all winners


who would walk into a shop and put that much on a pot or even have that much in a betting account online


Hope it wasnt my missus 

yeah you're right brooklyns it's just a crazy situation, well done on your win we've got a big brucie on this one

Has anybody got a breakdown of the race totals race by race, I know it can be retrieved from somewhere because I have the scoop6 details sent to my work email box

well done all winners......christmas come early.....

Latest I have heard is a millionaire customer in Australia meant to put on £15k but pressed the wrong button on his computer and placed a bet for £1.5 million instead! As it was just before the 1st race it was too late to change it. Whether that is true or not I expect we will find out in the next few days.

but who   would lay out 15k with only about 80 or 90k in pool

Can't remember his name, but who's that well known gambler who's known to holiday in Oz?

You know the one, the one who wins the scoop6 a lot. Mind, doubt it's him, wouldn't have thought sticking £15K on a Chester pp would be his bag!

Btw Lewis, where did you hear that, or can't you reveal your sauces!?

No that would be far to shrewd and skilful.

the full story is in todays racing post

What does the story say ?

A couple of questions ......

Is the minimum dividend on the placepot £1.02 ?
(Imagine the scenario if the big staking punter gets his bet up)

Also given the takeout of 27% is there an arguement for him having his money returned on the basis that he couldn't win.
He stakes 1.5m the pool total is £1,587,948.80 so the amount available to be won after deductions is only £1,159,202.60 in which case the best scenario is a loss of £340,797.40.
There is no way he can "win" on the bet at all.
Does the same principle apply to pool betting?

Spoke to a friend about this today .He tried 3 or 4 timesSaturday to place a scoop 6 bet and each time it took him to the Chester placepot.

patches • September 30, 2013 9:27 AM BST
the full story is in todays racing post

Can anyone post this please?

Tar

NOTHING on RacingPost.com - and I am a subscriber, with full access.

the jist of the story is that it there was no mistake, so well done winners.

it is possible that it was a big hitting punter who done £12,000 per line instead of his intended £120 ,,,,,,,,,,,oops

" dave , a betfair account player had his account credited with £2,668 after having the placepot up for 40p "

well done dave

" it is possible that it was a big hitting punter who done £12,000 per line instead of his intended £120 "

do you think they would have paid if the mistake was on their part?????????????????????/

Frames, if that is true then the customer must have a case for getting some money refunded. Still doesn't really explain the 1.5m tho. Must be a staking error too.

it was done near the off no error more like they got it for a few grand in far east good luck to them also

for it to be a staking error the person would have needed £1.5m in the bookies or betfair account how many people keep that kind of cash in a zero interest account with no governemnt security if the company goes bust - not many i would suggest.

There is something very very fishy with this and my earlier theory still holds that Fred runs bots on the pools to skim winnings - this one went wrong and piled loads of cash into the placepot pool.

I made an error once doing a jackpot perm, but nowhere near this scale.

I wanted 27 lines at 50p, total stake £13-50p

I was half asleep when I put it on and just clicked 'place bet' and 'confirm' without realising what I had done until 5 minutes before the first race went off.   

I had put in 27 lines at £13-50p, total stake £364-50p.

I got £100 back on the first race with a shortish odds lay, but I lost the rest.

Shouldn't all accounts ask the owner "what is the maximum stake you are ever likely to place?" - "If you place a bet in excess of this, we will automatically ask you if the bet is intended."

Would hopefully avoid big bets not actually meant.

since opening up the pools to the international market and the amount of crazy dividends it has thrown up. you would think it could be money laundering from the far east, of course they would never resort to taking that sort of money!!!!!!!

ttt

ttt

No comment from the Tote.

^ THAT is the Most Telling Point

Absolute SILENCE from Fred - when, normally, he cannot keep his mouth shut.

A PR opportunity 'made in heaven' .....

'Roll Up, Roll Up - and try a PLACEPOT - £ One and half MILLION in the Pool  at Chester, last Saturday ...

Only available on the TOTE - brought to you by Fredbet.

in the racing post today it was claimed that some big punters playing into the pools are getting rebates , but the tote refused to comment as to whether or not this was true

No wonder he had to increase his take out then.

if the money did happen to be a bit dirty, he wouldnt comment would he

AINTREE Grand National day


PLACEPOT £2,277.10 to a £1 stake. Pool: £496,383.51 - 159.13 winning tickets

Cheltenham Gold Cup day


PLACEPOT £146.00 to a £1 stake. Pool of £954,543.19 - 4,771.82 winning units

Chester Saturday 28th September


PLACEPOT £6,671.60 to a £1 stake. Pool: £1,587,948.80 - 173.75 winning units