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the dealer
21 Feb 23 17:14
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Date Joined: 31 May 07
| Topic/replies: 29,731 | Blogger: the dealer's blog
Final pool £114,875:after deductions, am I picking this up wrong? If its a guaranteed £100k pool and the pool is obviously a lot biggar than that, does that mean the tote have added nothing?

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Replies: 10
By:
GLASGOWCALLING
When: 21 Feb 23 19:06
Think if that was after the 27% was taken out ( roughly 30k ) that would make the pot before the added 100k about 45k. Seems about right imo.
By:
the dealer
When: 21 Feb 23 22:45
Ah cheers GC
By:
Regbutler
When: 21 Feb 23 23:11
Glasgow, I don't think you're right there, but maybe I'm wrong
The t0te guarantee is to make it up to 100k net guaranteed, not add 100k
So, for example, if there was approx 64k gross, 50k net just before the off...
The t0te would put in another 64k to make it 100k net
That's how I understand it

There has been numerous threads, especially last few days on the non transparency of how the t0te put into their own pot, or seeding as they call it
By:
swiftynifty
When: 21 Feb 23 23:18
that was my thinking, they guarantee the pot to be a minimum 100G, if it's at 100G no need to add their own money. BUT, how much have they already added and maybe the algorithm tells them to add more which may make it over the 100G. Nobody knows.
By:
GLASGOWCALLING
When: 22 Feb 23 00:16
Agree with you both, sounds more plausible than my theory, maybe another topic that they need to be more transparent about.
By:
Movewiththetimes
When: 22 Feb 23 00:28
The walkover in first race at Newbury!!(told me everything I needed to know) I won't be investing anymore for sure.
By:
the dealer
When: 22 Feb 23 08:49
That was my understanding as well, swifty and reg but that size of pool on a Tuesday night at Southwell, just didn't seem right. I just assumed I must be wrong.
Some really strange goings on with the tote.
By:
sparrow
When: 22 Feb 23 11:18
Reminds me of the Tote scandal of years ago exposed by John McCririck.



https://www.thefreelibrary.com/THE+GREAT+TOTE+SWINDLE%3B+We+reveal+how+the+Tote+shortchanged+winning...-a0145710577
By:
leif
When: 22 Feb 23 12:32
When Shine On, at 11-1, beat Tina's Gold, at 20-1, in an 18-runner handicap, and the Tote dual forecast paid a derisory 45p for a 10p stake, McCririck refused to accept the Tote's assertion that it was "just one of those inexplicable turn-ups".
Laugh
By:
swiftynifty
When: 22 Feb 23 13:47
"these various abuses and malpractices were not the consequence of any arrangement by employees of the Tote for their own financial advantage", but were motivated by "misplaced enthusiasm"

yeah right.
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