Hello All As I'm still relatively new to the site and as a consequence relatively new to betting, can someone provide an easy explanation of the "Rule 4 deduction" ? Thanks as always. Simon J.
If a horse is withdrawn after a bet is placed, the market is going to change, to compensate the bookmakers for the change (so its 'fair'), a deduction is placed on winning bets. The Rule 4 deduction. Someone will no doubt post the odds and pence in the pounds for the deductions.
Found via Google, so might not be 100% accurate! Rule 4 Deductions 3/10 or shorter = 75p in the £ 2/5 to 1/3 = 70p in the £ 8/15 to 4/9 = 65p in the £ 4/5 to 4/6 = 55p in the £ 20/21 to 5/6 = 50p in the £ Evens to 6/5 = 45p in the £ 5/4 to 6/4 = 40p in the £ 13/8 to 7/4 = 35p in the £ 15/8 to 9/4 = 30p in the £ 5/2 to 3/1 = 25p in the £ 10/3 to 4/1 = 20p in the £ 9/2 to 11/2 = 15p in the £ 6/1 to 9/1 = 10p in the £ 10/1 to 14/1 = 5p in the £ Over 14/1 = No Deductions
The deduction is only to your winnings though, don't let them deduct it from your stake, as some bookies will try that with novices. £1 winner at 4/1 = £5 So that's £1 stake back and £4 winnings. So if there was a 10p in the pound deduction, it would only come out of your £4 winnings, which would make the winnings £3.60. So with your stake back your full returns would be £4.60
