Brownlow Medal 2013

[Parasite]

Who is right? I read the Sportsbet rules - what is 'Face Value'? Stake + winnings? I presume so, therefore Lenny29 is right?

 

[KardiniaPark]

You cannot lose money on something winning, you definitely have no idea, you halve the price. don't forget if something is $1.75 you halve the .75 not the whole $1.75, Maybe do some research before posting

Oh that was wonderful.

I'm refreshing this page until Lenny29 replies.

 

[Frazenoast]

what have i started? but it has been in my thoughts all morning

For some reason a few years ago when i multi with tab on most brownlow votes, it actually halved the odds of that leg, supporting Lenny's statement..

But im just not sure..

 

[sethlad]

You cannot lose money on something winning, you definitely have no idea, you halve the price. don't forget if something is $1.75 you halve the .75 not the whole $1.75, Maybe do some research before posting

cant wait for this one to play out
gotta love posters who know more than guys who basically do this for a living

seth

 

[Lensen]

You cannot lose money on something winning, you definitely have no idea, you halve the price. don't forget if something is $1.75 you halve the .75 not the whole $1.75, Maybe do some research before posting

quoted for posterity and because you are an absolute peon

let's use a live example. sportsbet have a market with two options at $1.40 and $2.80. for the sake of the exercise, there is $200 invested on the $1.40 pop and $100 on the $2.80 pop, so they are going to pay out $280 each way (and profit $20)

now which of these is the more likely scenario if they tie:

a) sportsbet payout half on each including stake - so effectively the odds are $0.70 and $1.40. they pay $200 x $0.70 and $100 x $1.40 - which equals the $280 they would've paid anyway.

b) sportsbet employ ******s like yourself and pay out half on each exclusing stake - so effectively the odds are $1.20 and $1.90. they pay $200 x $1.20 and $100 x $1.90 - which equals $430

gee i wonder

 

[mitchell2buddy]

The easiest way to work it out is, If something is paying $1.70 and you have $50 on it, half your stake($25) $25 @ 1.70 or $50.00 @ 1.35 works out to be the same. How can the agency take your stake if you have hit a winner? Dead heat $1.50 winner. you get $1.25 etc...

 

[Lensen]

iff something is paying $1.70 and you have $50 on it, half your stake($25) $25 @ 1.70 or $50.00 @ 1.35 works out to be the same..

hahaha holy shit can i be your bookie

 

[KardiniaPark]

what have i started? but it has been in my thoughts all morning

For some reason a few years ago when i multi with tab on most brownlow votes, it actually halved the odds of that leg, supporting Lenny's statement..

But im just not sure..

It's not your fault you asked a fair question and you are correct... but I'm not saying a word until Lenny29 gets here cos :

 

[Lensen]

It's not your fault you asked a fair question and you are correct... but I'm not saying a word until Lenny29 gets here cos :

i've been here at least thirty seconds

 

[mitchell2buddy]

quoted for posterity and because you are an absolute peon

let's use a live example. sportsbet have a market with two options at $1.40 and $2.80. for the sake of the exercise, there is $200 invested on the $1.40 pop and $100 on the $2.80 pop, so they are going to pay out $280 each way (and profit $20)

now which of these is the more likely scenario if they tie:

a) sportsbet payout half on each including stake - so effectively the odds are $0.70 and $1.40. they pay $200 x $0.70 and $100 x $1.40 - which equals the $280 they would've paid anyway.

b) sportsbet employ ******s like yourself and pay out half on each exclusing stake - so effectively the odds are $1.20 and $1.90. they pay $200 x $1.20 and $100 x $1.90 - which equals $430

gee i wonder

You are actually a goose.... I am waiting for an apology from yourself when you realise how wrong you are.

So if a punter puts $1000 on a horse @ $1.50 to win and it is a dead heat you think the TAB is going to say to the punter...Your horse won but you lose $250.00? LOLLLLLLLLLLLLLL i hope you are trolling

 

[Armesy]

Keep going Mitchelltobuddy, I wanna see how long you can defend this position. Ha.

 

[Lensen]

You are actually a goose.... I am waiting for an apology from yourself when you realise how wrong you are.

So if a punter puts $1000 on a horse @ $1.50 to win and it is a dead heat you think the TAB is going to say to the punter...Your horse won but you lose $250.00? LOLLLLLLLLLLLLLL i hope you are trolling

the only apology you're going to get from me is on behalf of society for allowing you to be dropped on your head so often so young

 

[mitchell2buddy]

Keep going Mitchelltobuddy, I wanna see how long you can defend this position. Ha.

Hahaha I am 110% confident

 

[KardiniaPark]

Hahaha I am 110% confident

You are 110% a ****ing moron.

Please tell me you are trolling, I am at work and have everyone laughing at you in the office, I wonder how smart your other 9989 post have been :S

You are actually a goose.... I am waiting for an apology from yourself when you realise how wrong you are.

So if a punter puts $1000 on a horse @ $1.50 to win and it is a dead heat you think the TAB is going to say to the punter...Your horse won but you lose $250.00? LOLLLLLLLLLLLLLL i hope you are trolling

The easiest way to work it out is, If something is paying $1.70 and you have $50 on it, half your stake($25) $25 @ 1.70 or $50.00 @ 1.35 works out to be the same. How can the agency take your stake if you have hit a winner? Dead heat $1.50 winner. you get $1.25 etc...

You cannot lose money on something winning, you definitely have no idea, you halve the price. don't forget if something is $1.75 you halve the .75 not the whole $1.75, Maybe do some research before posting

 

[Lensen]

Please tell me you are trolling, I am at work and have everyone laughing at you in the office, I wonder how smart your other 9989 post have been :S

you have a lot to learn from harry, he parlayed being an imbecile into at least being interesting for more than half an hour

 

[Armesy]

Hahaha I am 110% confident

I hate to see you on something you were 'iffy' about

 

[mitchell2buddy]

COPIED FROM THE TAB WEBSITE:

Win bet: Dead Heat
The Win pool is split and dividends are paid to both winners, the amount being determined by the odds at the start of the race. There will also be normal Place dividends for both dead heaters and the third placed runner. The Win dividends cannot be less than a customer's bet.

GAME SET AND MATCH - RAFAEL NADAL

 

[Lensen]

COPIED FROM THE TAB WEBSITE:

Win bet: Dead Heat
The Win pool is split and dividends are paid to both winners, the amount being determined by the odds at the start of the race. There will also be normal Place dividends for both dead heaters and the third placed runner. The Win dividends cannot be less than a customer's bet.

GAME SET AND MATCH - RAFAEL NADAL

quotes a tab tote pool rule to "win" an argument about a fixed odds market

good stuff bro

 

[sethlad]

you realise this is a fixed odds bet right?

seth

 

[KardiniaPark]

Mate I have been doing this for a while, If i was iffy I wouldn't be so adamant

It takes me 'a while' to have a shit.

 

[Lensen]

sorry balmainforever , i was mucking around really thinking this guy was taking the piss, now i feel bad that he's actually a ****** and you're probably not going to be very happy

 

[KardiniaPark]

paging Kynge of Begrem. Clean up in aisle 4 please.

 

[sethlad]

Its hard to believe the online books are doing it tough when you continually read gold like this

seth

 

[mitchell2buddy]

quotes a tab tote pool rule to "win" an argument about a fixed odds market

good stuff bro

I have never heard a punter pick a winner and lose art of their outlay from it :S

Just find something to back you up - YOU WON'T

 

[KardiniaPark]

Its hard to believe the online books are doing it tough when you continually read gold like this

seth

Imagine the live chat after the Brownlow

Where is my money, i'm going to ACA you won't get away with this