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Horse Racing - Rule 4 Deductions Explained.
One thing that annoys horse racing punters more than anything else is the Rule 4 Deductions from their hard earned winnings!.
Why are Rule 4 Deductions declared ?.
This is when a horse is left at the start,and does not compete in the race either because they refuse to enter the stalls,or maybe the vet or jockey has spotted an injury to the horse and pulls it out of the race at the last minute.
Bookmakers hate Rule 4 Deductions as much as the punters and they always try to form a new market before the off - but sometimes there is just not enough time to achieve a new market.
So,the punters who backed that horse will get their cash back.
But why should that affect other punters ?.
Obviously if a horse does not race,then the other horses that do compete have a better chance of winning with one less rival to beat.
This is where the sliding scale of Rule 4 Deductions come into your winnings - the shorter the price of horse withdrawn results in biggest Rule 4 Deduction,and the bigger the price of horse withdrawn the smaller the Rule 4 Deduction.
The deductions can be as high as 90 pence in the pound if horse withdrawn is 1/9 or shorter and just 05 pence in the pound for 14/1 shots - anything above 14/1 that is withdrawn will mean no Rule 4 Deductions.
Many bookmakers ignore smaller deductions of Rule 4 Deductions and pay full odds - check your own bookies rules!.
How to work out what Rule 4 Deductions mean to your bets.
It's fairly easy to work out your new odds if Rule 4 applies to your bets.
Say a fancied horse is withdrawn and a deduction of 30p is announced.
You now lose 30% of your winnings.
Example 7/1 winner with 30% Rule 4 Deduction - just multiply 7/1 by 7/10 (which is 100/100 less that 30% deduction) which = 49/10 that is your new price - just under 5/1.
Example,this time 13/8 winner with 10% Rule 4 - again just multiply 13/8 by 9/10 ( 100 less 10 which is this Rule 4 Deduction) which = 117/80 * that is your new price - just under 6/4.
This new price may look horrendous - but it's easy if you have read another article of mine - Betting and Bets Explained.
By Pendil at SAFE BOOKMAKERS SITES.ŠThis article can be reproduced by anyone,so long as article is reproduced full and intact with all links unchanged.End of article.
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