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GLASGOWCALLING
29 Mar 24 16:17
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Date Joined: 11 Jan 11
| Topic/replies: 32,554 | Blogger: GLASGOWCALLING's blog
... Barring the last 10/1 winner paying £11-10p !!  LaughGrin And yes I know the TOTE  " guarantee " SP now but surely this isnt being run as a " genuine " TOTE.

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Replies: 32
By:
wondersobright
When: 29 Mar 24 16:20
its as far from a genuine pmu as you can get GC...totally **** pun intended
By:
GLASGOWCALLING
When: 29 Mar 24 16:22
..... 4/1 winner just paid exactly £5 ... Someones having a Giraffe.?  LaughGrin
By:
GLASGOWCALLING
When: 29 Mar 24 16:26
Berksy can you or your CEO please come on and explain what has happened ? TIA.
By:
wondersobright
When: 29 Mar 24 16:30
Laugh
By:
jamee1
When: 29 Mar 24 16:31
Can't see the conspiracy here. Seems clear the tote prices are coming in below SP and being elevated to match the SP under the guarantee promo.

Tote take 19.25% out of the win pool so on average you would expect Tote prices to be a little lower than SP. Plus there's not been many higher-price winners which is where tote payout is usually higher.
By:
mitolo
When: 29 Mar 24 16:34
yes jammy. well spotted

if you are an sp backer, may as well use the nanny
By:
freddiewilliams
When: 29 Mar 24 16:38
Waste of space
By:
wondersobright
When: 29 Mar 24 16:39
contrast with 20 years ago today 29/3/04...

lingfield winners
20/1 (£25.20)
25/1 (£38.30)
10/1 (£13)
14/1 (£16.30)
4/6 (£1.70)
3/1 (£4.10)

newky
10/1 (£8)
10/1 (£8.70)
9/2 (£5.10)
25/1 (£23.40)
10/11 (£1.80)
9/2 (£5.80)

wolver
8/1 (£8.50)
11/8 (£1.60)
8/1 (£11.20)
8/1 (£10.80)
7/2 (£5.20)
10/1 (£10.10)

10 winners over SP, 8 under
By:
wondersobright
When: 29 Mar 24 16:40
nowadays by returning under SP 99% of the time & then adjusting to provide the SP return, its a pmu brand not operating as a legitimate pmu
By:
GLASGOWCALLING
When: 29 Mar 24 16:45
8/1 winner just payed  ?????  Yep exactly £9, God we should all be eternally grateful to our " guardians " of the Tote.

  Jamee they arent " guaranteeing " prices for the benefit of Joe Public.
By:
GLASGOWCALLING
When: 29 Mar 24 16:47
Thanks Wonders, I was going to google for some old TOTE returns.
By:
jamee1
When: 29 Mar 24 16:49

Mar 29, 2024 -- 4:39PM, wondersobright wrote:


contrast with 20 years ago today 29/3/04...lingfield winners20/1 (£25.20)25/1 (£38.30)10/1 (£13)14/1 (£16.30)4/6 (£1.70)3/1 (£4.10)newky10/1 (£8)10/1 (£8.70)9/2 (£5.10)25/1 (£23.40)10/11 (£1.80)9/2 (£5.80)wolver8/1 (£8.50)11/8 (£1.60)8/1 (£11.20)8/1 (£10.80)7/2 (£5.20)10/1 (£10.10)10 winners over SP, 8 under


Tote take-out of the win pool back then was only 13.5%

By:
westberks
When: 29 Mar 24 16:54
...and 'the one' was better, right? So win or draw basically but no lose
By:
GLASGOWCALLING
When: 29 Mar 24 16:54
Jamee, maybe you can help then, why the need to " guarantee " any returns ??  Surely this has defeated the purpose of a genuine TOTE when you would  often get far better payouts especially on outsiders.
By:
freddiewilliams
When: 29 Mar 24 16:56
Feck af berk
By:
GLASGOWCALLING
When: 29 Mar 24 16:58
No Lose berksy but that isnt the ethos behind the TOTE, what has happened to all the bigger payouts what Wonders has displayed ??
By:
jamee1
When: 29 Mar 24 16:59

Mar 29, 2024 -- 4:54PM, GLASGOWCALLING wrote:


Jamee, maybe you can help then, why the need to " guarantee " any returns ??

By:
jamee1
When: 29 Mar 24 16:59
No idea, but most likely just a marketing ploy to try and drive volume. Perhaps they figured they'd make more money with a higher take-out plus SP match guarantee?
By:
freddiewilliams
When: 29 Mar 24 17:00
No lose. My a££. Better prices from the blind black market bookie in the bar
By:
jamee1
When: 29 Mar 24 17:00

Mar 29, 2024 -- 4:58PM, GLASGOWCALLING wrote:


No Lose berksy but that isnt the ethos behind the TOTE, what has happened to all the bigger payouts what Wonders has displayed ??


Those payouts were under a take-out of 13.5%. That's a massive difference to a 19.25% take-out. I think the difference reduces payout by around 40%!!!

By:
jamee1
When: 29 Mar 24 17:05
Did it the wrong way. 7% impact, not 40%. Example:

£1000 pool with £50 winning @ 13.50% takeout pays £17.30
£1000 pool with £50 winning @ 19.25% takeout pays £16.15
By:
GLASGOWCALLING
When: 29 Mar 24 17:06
So folk now betting into a TOTE win pool need to forget the old methods of picking a small stable with an obscure jockey hoping for a big payout as it is all computer driven on percentages, oh and shareholders bonuses.
By:
GLASGOWCALLING
When: 29 Mar 24 17:07
* Bonuses.
By:
jamee1
When: 29 Mar 24 17:14

Mar 29, 2024 -- 5:06PM, GLASGOWCALLING wrote:


So folk now betting into a TOTE win pool need to forget the old methods of picking a small stable with an obscure jockey hoping for a big payout as it is all computer driven on percentages, oh and shareholders bonuses.


Not necessarily. But they need to factor in that when they beat SP they are getting paid out around 7% less than they used to.

By:
wondersobright
When: 29 Mar 24 17:14

Mar 29, 2024 -- 5:06PM, GLASGOWCALLING wrote:


So folk now betting into a TOTE win pool need to forget the old methods of picking a small stable with an obscure jockey hoping for a big payout as it is all computer driven on percentages, oh and shareholders bonuses.


suck it up, responsibly

By:
freddiewilliams
When: 30 Mar 24 15:48
Stinking prices. Except the 1/20
By:
freddiewilliams
When: 30 Mar 24 16:22
Omg434 a 10)3
By:
freddiewilliams
When: 30 Mar 24 16:46
And again. 434 on a 10)3. Absolutely stinking
By:
jamee1
When: 30 Mar 24 16:56
I don't see why this is shocking. Presumably the Tote payoff would have fallen below 4.34 and so was rounded up to 4.34 to match SP as part of the 'SP guarantee' promo.
By:
jamee1
When: 30 Mar 24 17:01
You should be complaining about the shocking 19.25% take out. There's no point complaining about the SP Guarantee offer, all that does is recover a little bit of value for the punter.
By:
GLASGOWCALLING
When: 30 Mar 24 17:40
Jamee they are rounding all the runners up, when was the last time anyone saw a decent ABOVE sp payout ?? These were frequent in the past as Wonders stated.
By:
jamee1
When: 30 Mar 24 17:52
With 19.25% take-out it's not a surprise that they have to round lots of markets up.

The higher the take-out the more markets they will have to round up.

The win pool take-out 20 years ago was 13.5%. The win pool take-out today is 19.25%.
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