Calculation Of Show Payoffs ?

[edmond1]

Can someone explain how to calculate show payoffs in the following examples:

Where horse 1) has $90000 2)$4000 3)$3000 4)$2000 5)$1000 on show.

Example 1) If 1, 4 and 5 comes in.

Example 2) If 2, 3 and 4 comes in.

In the past if the 1 came in the money all horses would pay 2.10. But now it appears that something has changed.

[tanner12oz]

Net pool pricing?

[Red Knave]

Here's an example of calculating Place/Show prices which may help.

http://jimbomatthews.blogspot.ca/201...w-payouts.html

[davew]

http://www.paceadvantage.com/forum/s...ad.php?t=38259


stu mentions the following in that thread ->


$2.10 Payouts and Minus Pools
Fans will notice that show pools with a heavy favorite that you would expect to return $2.10 for all three runners, now may pay significantly higher on the two non-favorite horses. This is because that even though the payout on the favorite is reduced to a number even farther below the minimum $2.10 payout, it still must return $2.10. But the other horses are not participating in the minus pool as they were under the Standard Pricing model.

In other words, the show pool is split into two pools: the show pool on the favorite and and show pool on the remainder.

If the favorite shows, the favorite pays $2.10 and the remaing x% is divided like a traditional place pool for the other two who show.

If the favorite doesn't show, the three runners pay to show what they did under the standard pricing.

The net result is that bettors shouldn't be scared out of the minor pools if the a bridgejumper bet on a different horse. This technically should lead to additional handle for the track over the old pricing model.

stu