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Racing Radio : First4 Dividend
West Australian Racing
Wyongi
152 posts
On Racing Radio this morning Richard Bell and David Shorte were going bananas about the First4 dividend on a race at Bendigo yesterday that paid $99,046.80 That dividend is only a notional dividend as the pool on the race was $52,822.35 of which $45,494.77 jackpotted to another race, which of course means only around $7,000 was actually paid out , far from the " life changing" $99,000 , the media personalities gave the impression that was won.
If Shorte & Bell's understanding of declared dividends is that naive, surely someone should pull their collective coats and tell them declared dividends are only notional and do not represent the actual payout.
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If Shorte & Bell's understanding of declared dividends is that naive, surely someone should pull their collective coats and tell them declared dividends are only notional and do not represent the actual payout.
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Comments
I am heartily sick of it, which is why I am pleased that Wyongi has called Bell and Shorte out on it.
There is a difference between getting "the mugs interested" say by announcing a large Quaddie or first 4 jackpot and talking up the fact that the pool will be huge, and deliberately talking the cr@p that Bell and Shorte are guilty of doing.
Some on here, and I don't include you Rodent, don't care if punters get sucked in. If they are so gullible bugger them they say.
I cannot abide deliberate deception of the punting public no matter how it is done, or by whom it is done.
It is wrong and totally unconscionable.
I have no idea who Shorte is or what his background is, but I believe that Richard Bell, was a lawyer in a former life.
I would like to think that his background in the law would have precluded him from carrying on as he apparently has.
Darkhorse likes this post.
Must not watch Family Guy
:-))
Bookielover wrote...
"Some on here, and I don't include you Rodent, don't care if punters get sucked in. If they are so gullible bugger them they say."
:-??
Hey BL, whats that mean?
Care to elaborate?
:)>-
So what code of conduct do they adhere to that is unlike other media organisations that can be prosecuted for knowingly broadcasting misleading information that they themselves could profit from if the listener was enticed by that same falsely claimed offer ?
I'm just curious as if what Wyongi is saying is true, then this at the very least is unethical.
Can someone reading this at Racing Radio please explain why this isn't the case, why Wyongi has misunderstood what was broadcasted, and why the matter shouldn't be further investigated ?
Dale, JayJay likes this post.
Let me just say that almost every time I criticize any betting agency or Sky or Racing Radio or anyone else for that matter whom I believe have deliberately, and that's an important word, mislead the punting public, there are one or two on this forum, who blame the punters for being so gullible as to tumble into the deception.
I believe in the principle of Caveat Emptor, buyer beware.
People have been warned for years about Nigerian scammers, but still fall for them. I find it very difficult to feel sorry for anyone who has lost money sending it to someone in Nigeria. This may be seen as being hypocritical.
But here is the difference.
Whereas the public have been warned for years about the Nigerian scammers, including exposing them on just about every Current Affairs show, and in the media in general, I have yet to see one racing reporter anywhere, call out Dave Stanley and others on the Tabcorp owned Sky for being nothing more than another form of Racecourse tout or urger, when they tell punters that they have just taken a $50,000 bet on a Friday race at Ipswich.
Your average battling punter in a TAB who has his $5.00 each way on horses, and for whom that's a decent bet, would also have no reason not to trust the representative of a Publicly Listed Company, when he tells them that they have just taken a $100,000 bet on a maiden at New Castle.
Just because some are wise to the machinations of the punt, and have the capacity to understand when they are having their leg pulled, does not mean that everyone out there is blessed with the same intelligence or general racing know how.
If the racing Media had the guts to call out the Sky Tabcorp urgers or the Bell's and Shorte's of Racing Radio Stations around Australia, and embarrassed them to the point where the bull dust ended and they stopped treating the average public like mugs, yet your average Joe still tumbled in, then I too would have no sympathy for them.
However, until that occurs, calling these people gullible and getting what they deserve, is frankly disgraceful.
Ridersonthestorm33 likes this post.
WA I doubt there are many listeners, but I can assure you both Shorte & Bell made special mention of that First4 dividend , without making any reference to the pool size other than it paid $99.000 +.
RIO, Ridersonthestorm33 likes this post.
RIO, Ridersonthestorm33 likes this post.
If the WA TAB is sold to Tabcorp they may broadcast RSN throughout WA.if they continue to merge with Supertab pools and broadcast Sky Sport Radio if they merge with NSW pools.
No matter what Racing Radio will still exist , but maybe as a relay station from the east coast.
RIO likes this post.
Anyone listen to RR this morning?
Any feedback on this thread?
:-$
Harden up you fairies you're like a sewing circle
The WA TAB pool it is probably correct as 75 % of the Tabcorp figure ( the net pool after the 25% rake ) is $ 39,616.25, which is less than the carryover amount of $45,494.77, even after paying any winner.
If one takes 75% of the WA figure of $63.9 K = $47,925 ( net pool ), it is greater than the carryover amount , which probably means only $2,431 ( 47925-45494 ) was paid out on the race for a miniscual fractional bet which equates to $99,046 for a $1 bet..
I am assuming that the rake from First 4's is 25% but I stand to be corrected, ( 22.5 % ?? ) but assuming the pool was $99,000 was still wrong,
It makes me sick the way radio hosts fawn over a sleaze like "Matty" Campbell. He's not a guest on the program: he's a lowlife representing lowlifes.
He wouldn't have even looked at the pools.
i figure they paid out about 6.5k, so if $1 =99k payout then a 6.5k payout means there must have been a few cents on the winning combination.
although math is not my strong point.
i don't listen to radio so have no idea what they say, but those having a go at wyongi, would be pleased to know that he wants you to stay the same as you are, or how else would he pocket a quid?
An Aussie bookie laying a decent bet on a English runner..
The WA figure includes the gross amount of the carried over amount from the prior race ( $10,517) whereas the Supertab only shows the new amount of money.
There must be something down in the air in those sandhills down on the beach that clears one's mind to clarify that variance. ;;)
hash, Winsumlosesum, thefalcon, RIO likes this post.
thefalcon likes this post.
Richard Cranium, oops, I mean Freedman on Sky today.
Race 7 at Murray bridge is run and won.
Up comes the first 4 dividend $29,568.00 on Ubet.
"Wow", screams Richard, "look at that dividend. And compare it to the other two totes. In NSW and Victoria, its only paid around $2,800, so obviously, lots more punters got it there. I reckon that it's possible that only one punter got that $29,000."
When you listen to him, you realise why he turned Randwick into a shambles and was a miserable failure as a racing administrator.
The Gross pool on the first 4 was $9,538. Remove 20% and you are left with around $7,630. I am assuming the deduction is 20%.
Furthermore, there was a jackpot of $4,900, so if you take that off the net pool, there was actually around $2,730 won on the first 4.
Of course it's far too much trouble for Freedman to check the pool.
Not only that, but it just goes to show you what utter imbeciles these presenters are, to actually believe that a first 4 on a mid-week race at Murray bridge would hold $29,000 when the first 4's at Morphetville on a Saturday don't hold it. 8-}
thefalcon likes this post.