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Posts posted by HoekNL
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I am puzzled by the winnings stated on my Horseracing bets.
All winning bets over 2023/2024, (except strangly enough the very last one) have a winnings amount around 0,10/0,20 up to 0,60 euro LESS then actual winning.
All are single Bets, mostly E/W, using Uniboost when available, taking Odds on race-day and never use SP.
Example:
8-Jan-24, Newcastle 18:20, nr. 6. Explorers Way. Bet 1 Euro @15/1 (Uniboost) , E/W, places 1,2,3,4 @ 1/5
Result: 5,1,9,6. (6 was placed), no Rule-4 deduction, expected Winnings: 1/5*15=3,00 plus 1,00 Stake = 4,00 euro.
Actual reported winnings: 3,80 euro.
More complex example attached, 8/1/24, Newcastle 17:30, #6 @ 13/1 E/W 1/5
Result (6,8),9,3 (a DeadHeat with 2 winners)
Expected (0.50 * 13) + 13/5 + 2 = 6,50+2,60+2,00=11,10, paid 10.40
I've gone through the T&C's but cannot find any extra cost structure for Racing, and was not expexting to find one, the odds game is where your profit is.
I do understand winnings are subjected to 30.5% tax in .NL, starting at winnings of 500euro, but the percentages of the deductions range from 1 to 10%, seems odd.
Can Unibet explain the deduction?
Racing, what is this deduction of winnings?
in Betting and Sports
Posted
Thanks for your quick response
i do like to take the enhanced place races, as i only do E/W bets, so most of my bets have the gift of Enhanced Place
BTW, i've just noticed that my last win was a non odd-boosted bet, which has the expected place winning. So i guess the Uniboost has the same affect, boosted odds only on the win part of the E/W? I'll need to recalc to check this.
You say BOG is negated by Enhanced place and/or Boosted Odds, good to know but I was not aware of the BOG being part of pre-race bets, assumed it was a Starting Price option.
I notice the BOG sign at all UK races, what is the impact on the Odds when placing a bet with current odds and no negating options used?
Thanks, have a good weekend