Port Pirie trots
Sunday 11/5/2014
Race 2 dividends
1.30 win
REFUND PLACE
As I understand it , and how its been explained , is that whoever backed the winner for a place , had the bet annulled and refunded.
IS THIS WHAT HAPPENED ?
The place pool was $1317
Less commissions of say about 20% leaves a pool of just over $1050
It looks like most of the place money invested was on the hot fav, Freds A Safari
The $1050 must be split 3 ways for 3 dividends
The split for Freds A Safari prob equated to a dividend of less than $1-00 [most prob about $0-75-$0-85 cents]
So it appears that Unitab has refunded monies on the fav for this reason
That's a good deal if you backed it
Rather than risking your money for a $1-00 div, you get a refund
Seems a sporting deal, I must say given the particular circumstances
BUT
Its a lottery
Race 7 , same meeting
Lombo Del Rosso , the other shorty for the day had a declared div of $1-00 , money back
No such REFUND
Back this nag , and its unplaced , ya do ya money cold
OTHER TABS
The $1.00 money back by Unitab has been a bit of a miff and considered a rip off by many punters
Supertab and NSW consistently give a $1-04 minimum return on shorties
They do have a $1-00 return , when an exceptional amount is invested on a runner
REFUND
I've seen it another time as a div on Unitab , had thought it was a typo error or whatever
Is this REFUND div a gimmick of sorts to attract place punters on shorties?
REFUND why is it so ?