Indiarace.com - india's first & foremost horse racing portal

Topic Details

Back to lists

Our Jackpot Expenditure

By Anil Xk | 02-May-2020

Dear Friend's,

I likes to share my jackpot ticket expenditure in my 27 years of betting.please excuse that I am a small player, but keep all expenditure noted.

Normally I take jackpot tickets very rarely with value of Rs 80,160 and 540 .

The results are quiet interesting.

540 tickets 28 times.-15120 rs

Winner.  Nil

1 Runner.   1995 

160 Rs tickets 79 times -12640 Rs

1 winner.    - 12800 Rs

4 runners.   - 822

 3629

 4212

 1088

80 Rs ticket 149 times - 11920 Rs

3 winner.       - 3521

16270

11850

6 Runners.        983

14560

350

5095

13229

275

If considering only ticket expenses was on profit of 59k, but considering days expenses as an average 1000x 256 the total expenses was sky high as 2,95,680 Rs in 27 years.

So how is your experience, are you counting the expenses, please share

Post Your reply

11 Replies

Abbas J said ...

06-May-2020

Hello All:

@ Ganesh Sir,

I think you are new to racing, If you don't know 4th leg  Banker and Maximum Horses in last leg.  Dividend and Consolation etc. Please for God sake stop playing races as soon as possible, This is my like Big Brother advise to you. Anyway go to Hyderabad Race Cub website Click Betting then Click Tote Rules, You will see all kind for rules and regulations for most of the pools; Here is the Jackpot information from Hyderabad Race Club website. 

JACKPOT  POOL (WIN)

(Subject to General Totalisator Rules)

1. There is a Jackpot Pool (Win) tickets for which @ Rs.5/- or multiples thereof can be obtained in all the enclosures at Race Course, Malakpet and such of the Off-course Tote Point/s, which are operated by Hyderabad Race Club.

2. (a) Backers must nominate the winner in all the five selected races simultaneously.

(b) A Winning ticket shall be one, which nominates the winners of the selected races in THEIR consecutive race card order.

3. (a) In the event of any selected races not being run, the pool will operate on the remaining selected races.

(b) In the event of only one horse being declared to start in any of the selected races the pool will operate on the remaining selected races.

( c) In the event of two or more horses only declared to start in any of the selected races, but one horse comes under starter’s orders, or should any of the selected races be declared void, the pool will operate on the remaining selected races.

4. (a) In the event of horses nominated on any license in any of the selected races is/are withdrawn or declared non-starter/s the horse with the maximum number of tickets as shown in the Rs.5/- win Totalisator at the time of closing of betting of that particular race will be substituted for the horse nominated which has been withdrawn or declared a non-starter. In the event of two or more horses having the same number of maximum tickets in the Rs.5/- Win Totalisator, the substitution will be made on horse that has the lowest Race Card Number, i.e., Horse No.1, 4 and 8 having the same number of tickets, all investments made on the withdrawn horse will be transferred to Horse No.1.

(b) In the event of horse/s nominated on any ticket in any of the selected races is/are withdrawn or declared non-starter/s at the racing Centre for which the Hyderabad Race Club is conducting inter venue betting, the horse/s with the maximum number of tickets sold as shown in the Rs.5/- Win Totalisator at the time of closing of Betting of that particular race at this centre will be substituted for the horse/s nominated which has/have been withdrawn or declared a non-starters or in the event of two or more horses having the same number of maximum tickets sold in the Rs.5/- Win Totalisator the substitution will be made on the horse that has the lowest Race Card Number as mentioned in Rule 4 (a).

5. The dividends will be calculated as under:- The net pool is arrived at by deducting from the total amount invested, the amounts to be refunded, the Club’s commission and Government tax.

70% of the net pool will be allotted for the holders of tickets who have correctly nominated the winners of all the five selected races consecutively in the Race Card Order and shall be divided equally amongst such winning tickets.

30% of the net pool will be allotted for the holders of tickets who have correctly nominated the winners of only the first four selected races consecutively in the Race Card Order, and shall be divided equally amongst such tickets.

Any winning ticket entitled to a share in the 70% of the net pool will also be entitled to a share in 30% of the net pool, since in the process of nominating the winners of all the five selected races, the winners of the first four selected races have also been nominated.

A combination voucher having winners of FIRST FOUR selected races will be entitled to:-

(i) A share in the 70% in case the winner of the 5th leg has been nominated and;

(ii) As many shares in the 30% as the number of losing horses nominated in the 5th leg.

6. The allotment of the pool into 70% and 30% as mentioned in Rule 5 above, shall not be operative on the following instances:-

(a) Where the Jackpot pool has to operate on less than five selected races under circumstances mentioned in Rules 3,8 and 9.

(b) Where the pool cannot be carried forward beyond that race day according to Rule 9 of the Jackpot Pool and there is no ticket either nominating the winners of all the five selected races or nominating the winners of first four selected races.

( c ) Where the winner of the first selected race has not been nominated in any ticket and the pool has to be paid out on that day in accordance with Rule 8 below.

7. (a) In the event of there being no ticket nominating the winners of the first four selected races in their consecutive race card order, where all the five selected races are run or in the event of there being no ticket nominating the winners of the selected races run (in the circumstances mentioned under Rules 3, 8 or 9) the entire pool (30% plus 70%) will be carried forward and the entire amount or split into two or three parts as deemed fit will be added to the net pool of a race day selected by the Stewards, preferably in the same meeting.

(b) In the event of there being no ticket which nominates the winners of all the five selected races, but there being ticket(s) nominating the winners of the first four selected races, only 70% of the net pool will be carried forward and the entire amount or split into two or three parts as deemed fit will be added to the pool on a race day selected by the Stewards, preferably in the same meeting.

(c) Any amount carried forward to a race day selected by the Stewards, as mentioned above will be again subject to allotment at 30% and 70% subject to Rules 6 and 7 above.

(d) When a Net Pool is carried forward, it shall not be liable for any further deduction.

(e) Should there be no ticket on the winning combination in Jackpot Pool on any Inter venue Betting Day at Hyderabad on Races at a centre the respective net pool shall be carried forward and the entire amount or split into two or three parts as deemed fit will be added to the respective net pool of a Inter venue Betting Day of any racing Centre or to the net pool of any Hyderabad Race Day as nominated by the Stewards.

(f) In the event of there being no ticket nominating the winners of all the selected races on the last day of Hyderabad Races or on any other Centre the same shall be carried forward and the entire amount or split into two or three parts as deemed fit will be added to the net Jackpot pool of Hyderabad Race Day as nominated by the Board of Stewards.

8. In the event of races being abandoned on any day before the first selected race, the price of the tickets purchased for that day will be refunded.

9. In the event of races being abandoned on any day after one or more selected race/s has/have been run, the net pool will be divided among the winning tickets which have been successful up to that time. If there is no ticket nominating all the winners of the selected races which have been run, the net pool shall be carried forward and added to the net Jackpot pool of any other racing centre with the express permission of the Board of Stewards.

10. (a) In the event of a dead-heat for the first place in any of the first four selected races, all tickets nominating the horses running the dead-heat(s) will be deemed to have successfully passed.

(b) In the event of races being abandoned on any day after one or more selected race/s has/have been run and should there be a dead-heat in the last race which has been run, the net pool will be equally divided into as many parts as there are dead-heating horses and then each such part will be divided amongst the number of tickets nominating on such dead-heated horses.

(c) Where there is a dead-heat for the first place in the fourth selected race, the pool (30%) will be equally divided into as many parts as there are dead-heating horses and then each such part will be divided amongst the number of winning tickets as per Rule 6 on each such dead-heated horses.

In the event of one or more of the Winning combinations being unbacked, the amount allotted to it or them shall be carried forward and the entire amount or split into two or three parts as deemed fit will be added to the net pool on a race day, as nominated the Stewards.

(d) Where there is a dead-heat for the first place in the fifth selected race, the pool (70%) will be equally dividend into as many parts as there are dead-heating horses and then each such part will be divided amongst the number of winning tickets as per Rule 6 on each such dead-heated horses.

In the event of one or more of the winning combinations being unbacked, the amount allotted to it or them shall be carried forward and the entire amount or split into two or three parts as deemed fit will be added to the net pool on a race day as nominated by the Stewards.

11. Under no circumstances will a dividend be paid unless the relative winning ticket is produced intact and not mutilated or disfigured.

Thanks HRC

Regards Abbas

Ayyarnet said ...

04-May-2020

Friends:

Thanks for all valuable suggestions. But unfortunately it will work in theory 

only. I hae seen many people at the Chennai MRC Race course coming and buying just one Jackpot ticket and sit down and watch the whole program and go home with sad face after losing. Getting a big amount with a single ticket is an illusion. Unless you have a certain Banker atleast in 2 Races it is not worth taking risk and invest your money in the Banker Race and go home with whaterver you gain out of it. Something is better than losing all.

99 percent of punters coming to Races for instant money only.  Many of them want more money with less investment. Greediness and impulsebettng ruin their dreams.  Select 2 or 3 races where tere is a certainity and play placealso so that your loss could be bit minimum. If you win be happy and go home happily with whateer you got instead of investing impulsively in so many pools and without any return.

Regards to all

Ayyarnet

No.hypocrisy said ...

03-May-2020

JP ,exacta is a good bet but should have banker for 2/3 legs. 

Ganesh said ...

03-May-2020

@ PDS

I dont know how to play jp..(i know about pickup winner from respective races)

But i dont what is divident,consolation,& as u mention 4th leg..etc etc

Pls give me info.or atleast any link who explaine this to me

Anil Xk said ...

03-May-2020

Dear all,

There may a no of theories to solve jpp, but how many times succeeded, and the net loss/ profit all that to be posted. Because most of the time the small amount ticket may fetch prize as we will have reality check before punching ticket's.

One legendary jockey who won more than 1000 wins died at road side near BTC. He is a thorough gentleman by character, and never done any mis adventure s during his career.

He used to punch jpp tickets as single ticket's in early 90's one day he won 46k , by those days we talk each other . 

His comment was just a curse , by telling this gift came 15  years later...

 

Aravind said ...

03-May-2020

Playing JP s very interested for me always. Always I keep banker on last leg bcoz even till 4th leg I reached confirmed abt consolation atleast. My strategies is will find one more banker from other four legs. Balance three legs I will keep 3 horses each = 270/- investment. Last five years only I m doing this, got JP twice, consolation 20 times maximum gain was = 1,43,000/-. Earlier I used play group tkts. Win,FC,Qu, bookie I will play my own not share with any one. Also last five years whenever I passed Four leg, I will not go for searching syndicate for the last leg. I will take whatever results of fifth leg. 

Pds said ...

03-May-2020

Friends,

If you want to play Jack Pot, follow these guide lines:

1) Play only the carried forward Jack Pots( This gives much bigger stake to solve)

2) Try your best to make 2 bankers ( If you get it right, the chances are very good)

3)Try for banker in the 4 leg and maximum horses in the last leg( If you have reached the 4th leg, hedge with the danger horse, atleast your investment)

4)Split the last leg in single single tickets( This is to avoid too much Income tax in case you are cracking the Jack Pot)

Any questions, please feel free to ask. Good luck

S C Sharma said ...

03-May-2020

Tote game is not recommended for all race days or for all races.  Normally when a favorite horse wins you will get very less dividends on tote. So when you are sure of a favorite likely to fail than it is advisable to plan and  opt for tote game such as FC,  Quinella or Tanala,  where you are likely to get good dividends.  Always focus on one or two tote pools with your hundred percent means if you are very confident.    If you are in dilemma or not confident or in confusion avoid that race and wait for another race. You will get number of opportunities if you make a habit of playing selected races on tote with patience and planning where you are maximum confident and there is really lot of money in tote , just apply your knowledge, experience and intelligence to convert into profit. Tote game requires less investment but good planning and carries less risk and a no credit game,  only  cash game which make  you more aware to remain in your limits and make use of your investment more cautiously and responsibly.  As suggested by HT members for jackpot you need one or two bankers,  when you have bankers go for jackpot pool otherwise focus on one or two other pools like win,  shp.  Place bettings on tote for first and second favourite horses  not recommended because of lesser dividends and instead you focus on other pools like win kaichi or place kaichi where you are likely to get more in lesser investments. .                             I enjoy my tote game based on above factors.  It gives me unexpected profit many times and  if loose that  loss remains in my  permissible limits which is part and parcel of the game and for which I am prepared. 

B.v.s.prasad said ...

02-May-2020

It's very simple to observe 

Jp collection - 5 Lacs 

1st leg tickets - if fav wins 80k if outsider wins - below 5k tkts

2nd leg tickets - 50k / 2k

3rd leg tickets - 5k / 200

4th leg tickets - 250 / 25

5th leg tickets - 50 / 2or 3 

So here u can understand how many persons getting jp, they are throwing money in drain for the sake of jackpot.

If collection shows 5 lacks on display board that means that amount is after 40% deducted amount towards club commission & government tax, if anybody got Jp above 50000 he has to pay tax for that 30.1% a sum amnt 15050 is deduct & they will issue a cheque for rest of 34950, this amount will get after 5/6 days thru process, so finally you are getting only 30% of the main amnt some persons can encash their Jp tkts thru bookie he may give 5% more it all comes to 30+5= 35%. 

Please think & invest your amount on jackpot if less than 200 investing is ok but investing huge amount on Jp is waste in my opinion.

 

Kingsfork said ...

02-May-2020

@Anil Xk & ayyarnet

Thank you for sharing, this will save lot money for new players.

Ayyarnet said ...

02-May-2020

Friends:

Jackpot is almost hanging a carrot before the mouth of a donkey so that it can not catch but with the aim of catching the carrot it wil clim uphill with the load. 

Few years back Club used to frame Races mainly to carry forward Jackpot amount to attract more people for cassicevents like Derby or Invitation Cup Races. Unless you have certain Bankers in one or two Races it is indeed foolish to take Jackpot tickets. Of course tyere are groups with contribution of FIXED amount they take ticket jointly some time they succeedand distribute dividend as per their contribution.

In my opinion almost every Race day just to filter Jackpot tickets one or two Races are pre fixed. Once the Jackpot pool counter is closed Club can find out from Computer Number of tickets in every leg on each horse. They can manipulate easily if needed. 100 percent Honesty is not possible in Jackpot pool.

If you wnt to make money in Races keep investing only on WIN or PLACE only. All other poolscare designed to drain the pocket of Punters ony. If you get once you will lose ten times no gurantee or way to recover your loss.

Best Regards to all

Ayyarnet