To boost Tote collection Race club should also Invest in Tote.By Krish | 10-Aug-2019
To attract race players to play on tote, club should also play on tote atleast Rs. one lakh rupees. For the calculation purpose let us take an example of 3rd race result of Pune dated 10th August 2019. If club invest Rs. 100 000 in each Win & SHP. Here club should play in each and every horse with equal amount.
1. No of horses 8. Investment on each horse Rs. 100 000/8= 12500. No. of tickets 1250. Win dividend dropped to 75 from 82(just for calculation purpose)
75 x 1250 = 93750 plus club commision 15000.
Total return 93750+ 15000 = 108750
2. In SHP. Dividend dropped to 200 from 247.
200 x 1250 = 250000. Total return for club = 250000 + 15000 = 265000.
By this method club will never make losses.