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GLASGOWCALLING
29 Mar 24 16:17
Joined:
Date Joined: 11 Jan 11
| Topic/replies: 32,549 | 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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Report wondersobright March 29, 2024 3:20 PM GMT
its as far from a genuine pmu as you can get GC...totally **** pun intended
Report GLASGOWCALLING March 29, 2024 3:22 PM GMT
..... 4/1 winner just paid exactly £5 ... Someones having a Giraffe.?  LaughGrin
Report GLASGOWCALLING March 29, 2024 3:26 PM GMT
Berksy can you or your CEO please come on and explain what has happened ? TIA.
Report wondersobright March 29, 2024 3:30 PM GMT
Laugh
Report jamee1 March 29, 2024 3:31 PM GMT
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.
Report mitolo March 29, 2024 3:34 PM GMT
yes jammy. well spotted

if you are an sp backer, may as well use the nanny
Report freddiewilliams March 29, 2024 3:38 PM GMT
Waste of space
Report wondersobright March 29, 2024 3:39 PM GMT
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
Report wondersobright March 29, 2024 3:40 PM GMT
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
Report GLASGOWCALLING March 29, 2024 3:45 PM GMT
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.
Report GLASGOWCALLING March 29, 2024 3:47 PM GMT
Thanks Wonders, I was going to google for some old TOTE returns.
Report jamee1 March 29, 2024 3:49 PM GMT

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%

Report westberks March 29, 2024 3:54 PM GMT
...and 'the one' was better, right? So win or draw basically but no lose
Report GLASGOWCALLING March 29, 2024 3:54 PM GMT
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.
Report freddiewilliams March 29, 2024 3:56 PM GMT
Feck af berk
Report GLASGOWCALLING March 29, 2024 3:58 PM GMT
No Lose berksy but that isnt the ethos behind the TOTE, what has happened to all the bigger payouts what Wonders has displayed ??
Report jamee1 March 29, 2024 3:59 PM GMT

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


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

Report jamee1 March 29, 2024 3:59 PM GMT
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?
Report freddiewilliams March 29, 2024 4:00 PM GMT
No lose. My a££. Better prices from the blind black market bookie in the bar
Report jamee1 March 29, 2024 4:00 PM GMT

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%!!!

Report jamee1 March 29, 2024 4:05 PM GMT
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
Report GLASGOWCALLING March 29, 2024 4:06 PM GMT
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.
Report GLASGOWCALLING March 29, 2024 4:07 PM GMT
* Bonuses.
Report jamee1 March 29, 2024 4:14 PM GMT

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.

Report wondersobright March 29, 2024 4:14 PM GMT

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

Report freddiewilliams March 30, 2024 2:48 PM GMT
Stinking prices. Except the 1/20
Report freddiewilliams March 30, 2024 3:22 PM GMT
Omg434 a 10)3
Report freddiewilliams March 30, 2024 3:46 PM GMT
And again. 434 on a 10)3. Absolutely stinking
Report jamee1 March 30, 2024 3:56 PM GMT
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.
Report jamee1 March 30, 2024 4:01 PM GMT
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.
Report GLASGOWCALLING March 30, 2024 4:40 PM GMT
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.
Report jamee1 March 30, 2024 4:52 PM GMT
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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