Rule 4 deduction - for a newbie

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SimonJ

SimonJ

Well-Known Member
Jan 23, 2015
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www.chester-races.co.uk
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If a horse is withdrawn after a bet is placed, the market is going to change, to compensate the bookmakers for the change (so its 'fair'), a deduction is placed on winning bets.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 <ok>
 
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