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21 Jun 18
22:41
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12 Jun 09
First 3 days this year at Royal Ascot the Tote Jackpot hasn't been won so the pool is rolled over till tomorrow. I checked a random year (2004) where the Jackpot wasn't won on the first 3 days but was won on the Friday. The Friday's pool then was £250.557.50 and it was divided by 6.5 winning tickets
What will be the pool after tomorrow's card? Any thoughts? I'll update this thread tomorrow.
What will be the pool after tomorrow's card? Any thoughts? I'll update this thread tomorrow.
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Replies: 22
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Is "6.5" a typo" , and should it read "65" ?
If not, how do you have half of a winning ticket ? |
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50p straight line
 10p 20p etc |
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Back in the day you used to be able to place Jackpot bets using 1/10 stakes (10p) per line which was helpful if you were backing large numbers of selections in each race and didn't have tens of thousands to gamble
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Only 37,000 carried foward---The fav acc at current betfair prices as 19,000.
Doubt it will reach £50,000. Any value that there was in playing the tote jackpot has long gone. I think that at least one large player gets a discount and possible has special software to enable him to place his bets at the last minute. |
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I remember the 10p days.
Won over 25K in August and October 1997. That's when everyone played on a level pitch. |
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Baldy done sweet f a whilst he had control of tote markets just sponging a lot of money every day from placepots and to a lesser extent the jackpots - surely even a little advertising wuda been the way to go
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I'm sure it will be a lot less than the 250K I mentioned but I'm amazed that they have let it go to such an extent, especially when their deductions are 29% of the total pool. They must be doing OK of they can turn their noses up at over £72,000
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wud rather push the price of a portman park runner out 2-3 pts to the sheep in the shops rather than make double the profits if he advertised his greatest asset - just my opinion though
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Lee Ho Fooks --the reason that it reached £250K was because the pool carry from the monday
was much bigger than it was this year. smirnoff2therescue--fred did try many different things with the tote jackpot. It would have been better if he didn't have tote direct machines in shops other than betfred. He also tried a soccer scoop 6 which was a total flop. Fred threw the kitchen sink at the soccer scoop 6 but it failed miserably. Posters plastered all over the shops,full page advert in the RP every saturday, free go when you have a normal scoop 6 bet. He even advertised in national newspapers with a voucher for a free go. A well known company with over 1000 shops basically found it hard work to give the tickets away for nothing. fred must wonder how a pools company which hardly no-one has heard off never have trouble in selling the required amounts. Every single pool passes the break even point without fail. |
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the jackpot 'died' imo when the greedy feckers decided to pick the 6 hardest races from across all meetings, and people voted with their feet, and when they realised what a f*ck up they'd made and went back to the single meeting format, it was too late, lots of regular players lost for good.
Bit like the lottery innit, increasing the number of balls in the machine, how many people said feck that for a game of soldiers and voted with their feet? |
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Correct George.
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5
9 11 3 17 4 |
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Jackpot not won but pool was £46732 (compared to £250.557.50 just 14 years ago) - quite a job you've done there Baldy
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Lee Ho Fooks
What part of the following didn't you understand the reason that it reached £250K was because the pool carry from the monday was much bigger than it was this year. The problem with the tote jackpot is that they sell most of the tickets at a discount to one customer which drives away the customers that pay the full price. The three biggest pools since Cheltenham are £287446 283599 tickets worth an average of £1.01 if the pool is won and nothing if it's not £955970 941582 tickets £1.015 £116387 120862 tickets £0.96 !!!!!!! That's what happens when you give a big discounts. Other large staking customers,who have to pay the full price,soon leave when they realise that they can either break even or lose,only the recreational punter will pay the full price. |
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i'm confused, you saying certain customers get a discount ?
That would be corrupt. |
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You'd think that a pool operator keeping a pool open after
the event has started in order to place his own bets would be corrupt but I've seen it happen. |
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JML
You're right, I must be missing something. I thought that the reason it was bigger in 2004 was because there was more staked each day to build the pool up to the figures I showed. The pathetic amounts nowadays are because there is so little staked daily on the Tote Jackpot (or so I reasoned). And the thing about discounts just baffles me, what do you mean by that?. The Tote at the start of Royal Ascot always put up a guaranteed minimum amount (50K or 100K?) so even if there wasn't that amount in the pool after Tuesday's racing any winner would be guaranteed the minimum guaranteed figure. However if the pool (including previous days carry over) exceeded the guaranteed minimum then the dividend would be the amount in the pool. IMO it's a great bet ruined. |
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Lee Ho Fooks
Did you know that if you placed your tote bets through their own site you get a 10% cashback. |
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No but then again I thought that they only took their cut when the Jackpot was won & not before
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For every £1(min20) staked on Totesport 10p is refunded at end of week.
You sound like a keen tote player so i thought 10% might save you a few quid. |
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it's for every tote bet,not just the jackpot.
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I used to be, especially the Jackpot because the carry over amounts at times put the odds in your favour.
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