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What are Deductions and when do they apply?

Deductions

Updated over a year ago

What are deductions?

All fixed odds racing bets (Thoroughbred, Harness and Greyhounds) may be subject to deductions when there is a scratching after you have placed a bet. Deductions are an industry-wide standard for fixed odds betting.

How To Calculate Deductions And Determine Your Potential Winnings.

To calculate deductions applied to a bet you have placed and determine the winnings of your bet, below is a formula you can use:

Stake ($40) x Odds ($2.00) = Potential Returns ($80).

Potential Returns ($80) - Stake ($40) = Potential Winnings ($40)

Potential Winnings ($40) x Deductions per dollar ($0.20) = Deducted Amount ($8)

Potential Winnings ($40) – Deducted Payout ($8) = Actual Winnings ($32)

Where Can I Find The Deductions For a Specific Race?

You can locate the scratchings and deductions beneath the result page for a specific race.

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