Can someone please tell me why the announcer on Tellytrack gets so excited when he tells us the total WIN pool,especially when commingled, asks Philip Goldberg in a letter to the Sporting Post Mailbag.
What relevance is it to the punter if we have R100 000 in the win pool, or R1000 000?
Race 1 at Turffontein on 1 March 2016 boasted a win pool of R1.1mil.(11 horse field)
The winner paid R3.20 and was 15/10 favourite with the books.
However if the second favourite 22/10 with the books had won, it would have only paid R2.70.
All the other dividends were offering more with the bookies!
How or who benefits with commingled pools?
The South African punter is limited, so I am assuming the majority of that money is from overseas.
As we are exporting bets, are those bets in euros and are those funds actually paid into our South African bank accounts?
An explanation of the process would be appreciated.
I am trying hard to separate the hype from the facts – and the fiction.
