P6 Maths Lesson.

Quick maths lesson for those less maths orientated.

While the prevalent view amongst those here is that a R1 unit and a 10c unit with a minimum of 10% is exactly the same thing, that's clearly wrong. Actually surprising and worrying to the most extreme that not one person corrected anyone who said this. Anyway.

In a situation where, going into the last leg, there is 1 ticket left. As things stand, with the R1 unit, the max you can win is 1%, with your 1% bet. But on the flip side, taking the 10% 10c unit, the max u can win is 10% of the pool, and hence actually benefit when there is freakish results, like today. I hope this makes sense to you people.

To put it even simpler. Today, it was clear there was going to be a carryover from after the first leg. It didn't matter what the results were. The R1 unit meant joe average could only win 9k max, whatever the results were, even if he had all the next 5 40/1 horses to win.

In the same situation, with a 10c unit, After the first leg, there was still a large possibility of no carryover. However, assuming joe average had somehow managed to pick the next 5 40/1 horses to win, it would be likely that there would be less than 1 winning ticket. Here, to reward his effort in picking the results, he gets paid 10% of the pool, 90k.

I hope this clarifies things for those who blindly thoughtlessly brushed aside the suggestion of a 10c unit.

Thor my man, you don't make any sense whatsoever. If people had funded with a 10c line then the pool would not have gotten to 900k but would rather have been 90k. (everyone spending 10% of what they would have had they bet the original R1 line). Cost of the ticket is "per line" if a ticket worked out to be R9000, they could only spend R900 on the ticket because the "line" is 10c.

Just as an aside, the tickets shown to be left in the breakdowns are not the full tickets left but rather the combination of tickets that will go forward on the combination of following legs. That is why tickets come down incrementally even when the favorite wins.

Tommy_Hotspur Wrote:

---

> Thor my man, you don't make any sense whatsoever.
> If people had funded with a 10c line then the pool
> would not have gotten to 900k but would rather
> have been 90k. (everyone spending 10% of what they
> would have had they bet the original R1 line).
> Cost of the ticket is "per line" if a ticket
> worked out to be R9000, they could only spend R900
> on the ticket because the "line" is 10c.
>
> Just as an aside, the tickets shown to be left in
> the breakdowns are not the full tickets left but
> rather the combination of tickets that will go
> forward on the combination of following legs. That
> is why tickets come down incrementally even when
> the favorite wins.


I want you to think about what you're saying, and come back and post your new findings, after more deliberation.

Hint: 1) 10% minimum
2) People Will realize 1x of a 10c unit is not the same as 1x of a R1 unit in payout, so not sure why they'd cut their outlay, if they were in fact taking the bet full for R9000 in the R1 unit.
3) 10c unit attracts larger volumes of bets by those who Believe it would be "cheaper"

Pick6 Format- work this pick 6 out..
Leg 1 is wide open.
Race 4 [1 , 2 , 3 , 5 , 7 , 12, 13]

Race 5 [1 , 2 , 3 , 4 , 5 , 7 , 8]

RACE 6 [ 1 , 2 , 3 , 4 , 9 , 10 , 11 , 12 , 13 , 15 , 16]

RACE 7 [ 1 , 2 , 3 , 4 , 7 , 9 , 10 , 11]

RACE 8 [ 1 , 2 , 3 , 5 , 9 , 10 , 11 , 12 , 14]

RACE 9 [ 1 , 2 , 3 , 4 , 6 , 7 , 10 , 11 , 12 , 13]

this format was taken by using 4 form guids and i went 4 lines down..

Leg 1 race 4 is a nightmare.. STRIKER got the favorite 2nd favorite Mawing/Mawing.
Fradd is back down .. MVR a form horse that 45/1. S.D.G has a 3 way coupling, frm his 3 one is a donkey. Then we have 2 unrace horse what happens if they win & a donkey run 2nd...

Pick 6 is a million rand time bomb, Fact no bull shit, only the faken Jockeys will get the loot...

Suleman Wrote:

---

> Pick 6 is a million rand time bomb, Fact no bull
> shit, only the faken Jockeys will get the loot...

So you reckon that they will keep track of live tickets during the course of the meeting and ensure that only the "phantom they" will have the winning combination?? the mind boggles..

@Thor I can remember this debate happening some time back which is why i asked for the difference between the two, which you have done....sorta

Suleman Wrote:

---

> Pick6 Format- work this pick 6 out..
> Leg 1 is wide open.
> Race 4 [1 , 2 , 3 , 5 , 7 , 12, 13]
>
> Race 5 [1 , 2 , 3 , 4 , 5 , 7 , 8]
>
> RACE 6 [ 1 , 2 , 3 , 4 , 9 , 10 , 11 , 12 , 13 ,
> 15 , 16]
>
> RACE 7 [ 1 , 2 , 3 , 4 , 7 , 9 , 10 , 11]
>
> RACE 8 [ 1 , 2 , 3 , 5 , 9 , 10 , 11 , 12 , 14]
>
> RACE 9 [ 1 , 2 , 3 , 4 , 6 , 7 , 10 , 11 , 12 ,
> 13]
>
> this format was taken by using 4 form guids and i
> went 4 lines down..
>
> Leg 1 race 4 is a nightmare.. STRIKER got the
> favorite 2nd favorite Mawing/Mawing.
> Fradd is back down .. MVR a form horse that 45/1.
> S.D.G has a 3 way coupling, frm his 3 one is a
> donkey. Then we have 2 unrace horse what happens
> if they win & a donkey run 2nd...
>
> Pick 6 is a million rand time bomb, Fact no bull
> shit, only the faken Jockeys will get the loot...

again making stupid statements without proof

Another joey Ramsden wannabe

Bob you in top form this morning

Do not agree with Thor.

Been in this game since 1973.
What I do know for a fact is that the 10c unit did not work hence they reverted to the R1.00

Fact!!!

Thor if your theory is correct then would it not be even more beneficial to make it a 1c unit with no % ie minimum of a full unit?? as Agra eluded to the 10c unit has been tried and it never worked out

Imo both Thor and Tommy are correct (sort of); however no one can say that the pools would be the same in both the 1R and 10c scenarios - just as no can say for certain that the 10c pool would be only 10% of the 1R pool - so the answer probably lies somewhere in between :S So a punter's 1% ticket in the 1R scenario could probably result in a 'dividend' of 10k (assuming a Nett Pool of 1 bar); while a punter's 10% ticket in the 10c scenario, would result in more than 10k - but would the punter have outlayed the same amouont of money - for e.g:

Punter spends R100 for 1% in the 1R scenario - would the same punter also spend R100 for 10% in the 10c scenario? Or would he spend only R10 and still be satisfied with 1%? Probably something in between - and every punter would have a different strategy.

So imo, there would seem to be a possible advantage for a punter in the 10c a unit scenario (given the example as layed out by Thor), but very hard to quantify this advantage :S

The 10c unit only works when there is a high chance of dropping tickets. We have never prev had no couplings, so why would it have worked before? With the no couplings now, things are perfect for the 10c unit.

And titch, 1c unit would be even better, but logistical nightmare