Who will win the Tour Championship?
In golf there is a large fortune on the line in the US PGA Tour finale, the Tour Championship. This event will decide the winner of the FedEx Cup and $10 million dollar bonus. Thirty elite players have qualified for the limited field tournament and any could win. The favourite is Jordan Spieth:
Betfairway will be highlighting the players to back! This service is still on the crest of a wave: +216.25 Points Profit for the European Masters earlier this month! You can get all the best golf bets until the end of the season for just THIRTY POUNDS!
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NON-RUNNERS, RULE4 and EARLY PRICES
With the going at many courses being unpredictable due to inclement weather there has been a lot of horses taken out of races hence smaller fields and the application of Rule 4. For those of you not familiar with Rule4 I will explain below.
Rule 4 is a standard deduction made when an early price on a horse or dog has been taken. For example if you have a £10 win on a horse and the 2/1 favourite is withdrawn then your 5/1 looks very generous?
Well the people backing the withdrawn favourite get their money returned and the 5/1 horse would be around 3/1 so a deduction is made from the winnings of those taking 5/1 according to Tattersall’s Rule 4 of 30p in every £ e.g. 5/1 with a £10 stake returns £60 but only a £50 profit.
It's the profit that Rule 4 is applied to....hence 30p for every £1 won so on a profit of £50 the deduction is £15....so the customer get back £45....£10 stake plus his £35 winnings.
This last few weeks Rule 4 has come into play a lot BUT it has shown everyone it needs looking at as in general it favours the bookmakers and I think they have enough going for them already.
Rule 4 occasionally goes against the bookmakers and one example was where 7 horses declared to run but three were withdrawn making a field of four runners so all bets were win only. The favourite was Generous Pet who was on offer the night before at 11/8. The withdrawn horses had a dramatic effect and bookmakers made Generous Pet 1/5 on favourite. Well he duly obliged and if you had taken the 11/8 less the deductions for Rule 4 you were paid a shade over 4/5 for a 1/5 winner. So Rule4 occasionally works for the punters....but not often!
So what's the answer? Well I think a review of these rules needs to be made because Rule 4 has not been reviewed for years....bookmakers are not keen to get it reviewed and punters are powerless to try and get those in 'Racing Power' to do so.
I think that we all need to take early prices at best odds guaranteed and bet with bookmakers such as Bet365 who ignore Rule 4 at 5p in the £. Check to see if your bookie does that? If not do what I do and open quite a few accounts and take your bets with those offering the best prices.
So come on racing authorities let have a proper review of Rule 4 and a review of betting rules.
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Borderlinedecifsion WON 17/2
Tom Dooley WON 4/1
Caravaggio WON 6/4
Game Starter WON Evens
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Courtesy of...Early Odds |