Dead heat rules question
Results 1 to 14 of 14

Thread: Dead heat rules question

  1. #1

    Default Dead heat rules question

    Wager Type: Future/Prop
    Wager Status: Win/Loss
    Risk / To Win Amount: 50.00 / 750.00 (USD) Accepted 6/14/2018 6:15 AM - EST
    Lost / Won: 37.50 / 187.50
    Amount Paid: 150.00
    Selection: .Golf - The 2018 U.S. Open - Round 1 Leader
    Who will be the Leader at the End of Round 1 6/14/2018 6:45 AM - (EST)
    Dustin Johnson 1500
    Outcome - Contestant Tied
    * Event Notes:

  2. #2

    Default Re: Dead heat rules question

    Shouldn't I win 187.50 instead of 150 here?

  3. #3

    Default Re: Dead heat rules question

    4 way tie for 1st, if this was a horse race, what would I win here?

  4. #4

    Default Re: Dead heat rules question

    Quote Originally Posted by railbird View Post
    shouldn't I win 187.50 instead of 150 here?
    Yes

    15/1 / 4 equals 3.75.

    3.75 x 50 equals 187.5

  5. #5

    Default Re: Dead heat rules question

    Looks correct to me. On a 4-way tie, you would have lost 3 times (-37.5, or 3/4 of $50), and won once (12.5 * 15 = 187.5). So 187.5 - 37.5 = 150.

  6. #6

    Default Re: Dead heat rules question

    You should clear $150. Should get a total payout of $200. $50 to win $750 so total position of $800divided by 4 is $200.

  7. #7

    Default Re: Dead heat rules question

    Quote Originally Posted by TommyL View Post
    Looks correct to me. On a 4-way tie, you would have lost 3 times (-37.5, or 3/4 of $50), and won once (12.5 * 15 = 187.5). So 187.5 - 37.5 = 150.
    how is a 4 way a loss 3 times?

  8. #8

    Default Re: Dead heat rules question

    Quote Originally Posted by raycabino View Post
    You should clear $150. Should get a total payout of $200. $50 to win $750 so total position of $800divided by 4 is $200.
    ok that makes sense, I guess. I thought big runner had it right, but I guess not

  9. #9

    Default Re: Dead heat rules question

    Quote Originally Posted by railbird View Post
    4 way tie for 1st, if this was a horse race, what would I win here?
    You would get paid $200 minus your $50 dollar ticket for a profit of $150.

  10. #10

    Default Re: Dead heat rules question

    Quote Originally Posted by railbird View Post
    ok that makes sense, I guess. I thought big runner had it right, but I guess not
    Yeah it's based on the total position not just the profit.

  11. #11

    Default Re: Dead heat rules question

    Quote Originally Posted by railbird View Post
    how is a 4 way a loss 3 times?
    Because the way books don’t calculate it like a track. At the track, you can’t lose money on a dead heat, but you can with a book. In this instance, since you had 4 tied and a $50 stake, they basically look at it as 4 separate $12.50 bets. One of them won (at 15-1), and the other 3 lost (hence the -37.5).

  12. #12

    Default Re: Dead heat rules question

    TommyL has it right, your stake is divided by players tied, so you had one winning wager of 12.50 at 15-1 odds.

  13. #13

    Default Re: Dead heat rules question

    Quote Originally Posted by ChiTownJoe View Post
    TommyL has it right, your stake is divided by players tied, so you had one winning wager of 12.50 at 15-1 odds.
    Don't get me started on how tracks pay off pic 3s with dead heats, taking the lower payoff for both.

  14. #14

    Default Re: Dead heat rules question

    Quote Originally Posted by Valuist View Post
    Don't get me started on how tracks pay off pic 3s with dead heats, taking the lower payoff for both.

    How about when racetracks assign bettors the post-time favorite on a scratched horse and then fail to announce or declare the post-time favorite until the race is over?

    I've seen a situation where three horses were being held at 5/2 and all three took turns being favored in the minute before and the minute after the gates opened.

    Sorry, I knew you did not want to get started on this touchy topic, Valuist.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •