Pick 3 Explanation Required

naresh
Topic Author
Platinum Member
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Re: Pick 3 Explanation Required

2 years 10 months ago

Bob, I desperately need a response clarity on the Pick 3.

Is the commingling partners allowed to play fractional Pick 3s meaning like 1.2x, 1.3x, etc times or even below 1 time.

When will the Pick 3 revert to R1 a unit.

I need clarity. The Pick 3 Pool for Vaal Race 1, 2 and 3 reached R51,183. Every dividend displayed is not divisible by a whole number. How is this possible. Thanks.

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RacingG
Junior Member
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Re: Pick 3 Explanation Required

2 years 10 months ago

#848210

why should it be divisable by a whole number?
is this not the net pool after the take out.
whats the take out percentage?

im sure it would be divisable if it was of the gross pool and give you a whole number or am i missing something here

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naresh
Topic Author
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Re: Pick 3 Explanation Required

2 years 10 months ago

#848218

RacingG wrote:

why should it be divisable by a whole number?
is this not the net pool after the take out.
whats the take out percentage?

im sure it would be divisable if it was of the gross pool and give you a whole number or am i missing something here

R51,183 was the nett pool. No fractional betting is allowed therefore it has to be divisable by a whole number.

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Muhtiman
Platinum Member
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Re: Pick 3 Explanation Required

2 years 10 months ago

#848219

......rake and rounding from the gross can be the only explanation.....talk about penny pinching.....:dry:

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Stonelast
Junior Member
Posts: 98
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Re: Pick 3 Explanation Required

2 years 10 months ago

#848225

naresh wrote:

RacingG wrote:

why should it be divisable by a whole number?
is this not the net pool after the take out.
whats the take out percentage?

im sure it would be divisable if it was of the gross pool and give you a whole number or am i missing something here

R51,183 was the nett pool. No fractional betting is allowed therefore it has to be divisable by a whole number.

great question Naresh, looking forward to the answer...

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Bob Brogan
Administrator
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Re: Pick 3 Explanation Required

2 years 10 months ago

#848240

Seemingly due foreign cash and the exchange rate

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naresh
Topic Author
Platinum Member
Posts: 6386
Thanks: 1497

Re: Pick 3 Explanation Required

2 years 10 months ago

#848242

Bob Brogan wrote:

Seemingly due foreign cash and the exchange rate

All commingling partners have a predetermined exchange rate fixed to how many units/times. This changes when the rand fluctuates.

For example, USA,

$1 will get you 5 times which equates to $0.2 per line for them.

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