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RACE REPLAYS:

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TERANG

Tuesday 16 Mar

Race 1 12:00pm AEDT		Gjm Engineering Mdn Plate 1600 Metres $12,000.00
	Name	Jockey	Br	Wg	Form
1	Broadway Paul	W Hokai	13	58.0	6-0-0-0
2	Cherokee Chieftain	A Lynch	8	58.0	-
3	It's Just Lago	S Murphy	15	58.0	6-0-1-2
4	Razon De Jeu	C A Robertson	2	58.0	2-0-0-0
5	Stavros	Jack Hill	12	58.0	13-0-0-2
6	Barn Buster	J Lyon	3	57.5	2-0-0-0
7	Forecast	A Darmanin	7	57.5	-
8	Outback Tommy	N Wilson	14	57.5	6-0-0-0
9	Purple Zone		5	57.5	8-0-4-0
10	Rundle	Dean Holland	1	57.5	1-0-0-0
11	Diamondsarelucky		9	56.0	8-0-1-1
12	Litera	J Benbow	6	56.0	9-0-1-3
13	Shmic		11	56.0	15-0-1-2
14	Touch Too Much	M Pegus	4	55.5	3-0-1-0
15	Dads Princess	D Malouf	10	56.0	14-0-0-0
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GRAFTON 10 11-4-2		FULL DETAILS
11	Sequential Point
4	Centennial Son
2	Admiral Nediym

STAWELL 8 6-4-15		FULL DETAILS
6	Peace An Quiet
4	Minnerborough
15	Tuscan De Lago

GRAFTON 9 3-12-8		FULL DETAILS
3	Santiara
12	Lotsahula
8	Zoe Eliese

STAWELL 7 12-6-4		FULL DETAILS
12	Wonderell
6	Emily's A Star
4	All Brevity

GRAFTON 8 3-11-9		FULL DETAILS
3	Starzando
11	Getyourown
9	Facundo

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What is the tote?

A totalisator ('tote') is the name for the computerised system which conducts parimutuel betting.

Parimutuel betting is a betting system in which all bets of a particular bet type are pooled together. Commission is then deducted giving a shared pool from which the approximate price of each runner is determined.

In effect parimutuel betting reflects how popular a particular runner is with punters in relation to the popularity of all the other runners.

With parimutuel betting the final payout (dividend) is not determined until the pool is closed.

The tote does all this calculation, displays current prices and prints tickets.

What is a betting exchange?

A betting exchange is an online market place where punters bet at odds set by other punters, rather than a bookmaker or tote.

Essentially, a betting exchange brings together punters with directly opposing views. The betting exchange matches these punters proposed bets.

The dividend is paid to the eventual victor, less a commission to the betting exchange.

Unlike standard betting against a bookmaker, betting exchanges allow punters to either bet (select to meet the criteria, ie; win the race) or lay (select to not meet the criteria) a wager.

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Copyright © 2010, Racing and Wagering Western Australia (RWWA) and others working with it. These racing materials are reproduced under a copyright licence. Any unauthorised reproduction, adaptation or communication is strictly prohibited.

Copyright © 2010, Thoroughbred Racing SA Limited (TRSA) and others working with it. These racing materials are reproduced under a copyright licence. Any unauthorised reproduction, adaptation or communication is strictly prohibited.

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This racing service was compiled and produced by Australian Associated Press and is subject to copyright.

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TERANG

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