Rule 4 Deductions Explained
If the bookmaker was forced to pay out on the price of all bets placed up until that point you can probably see how this could be open to all forms of abuse so the Tattersalls Rule 4c Scale of Deductions was introduced to protect the bookmaker whilst still being fair to the punter (the alternative would be to just void all bets which wouldn't be much fun!)
Obviously, if it is the favourite which has been withdrawn, the picture alters significantly. If it is a rank outsider then some bookmakers take the view that it is not likely to affect the outcome of the race and so don't impose the 5p deduction found at the foot of the following table.
Please note: It has become apparent that some bookmakers are now making deductions of up to 90p in the pound for very short-priced favourites whilst some limit the deductions to 75p in the pound and this covers all horses priced 3/10 or lower.
Price of horse at time of withdrawal |
Deduction from winnings |
1/9 or shorter | 90p in £ |
2/11 to 2/17 | 85p in £ |
1/4 to 1/5 | 80p in £ |
3/10 to 2/7 | 75p in £ |
2/5 to 1/3 | 70p in £ |
8/15 to 4/9 | 65p in £ |
8/13 to 4/7 | 60p in £ |
4/5 to 4/6 | 55p in £ |
20/21 to 5/6 | 50p in £ |
Evens to 6/5 | 45p in £ |
5/4 to 6/4 | 40p in £ |
13/8 to 7/4 | 35p in £ |
15/8 to 9/4 | 30p in £ |
5/2 to 3/1 | 25p in £ |
10/3 to 4/1 | 20p in £ |
9/2 to 11/2 | 15p in £ |
6/1 to 9/1 | 10p in £ |
10/1 to 14/1 | 5p in £ |
If over 14/1 the liability would be unchanged. In the case of two or more horses being withdrawn before coming under Starters Orders, the total deductions shall not exceed 90p in £ (or 75p, depending on the bookie). Example - £10 win bet, taking an early or board price of 9/1 2 horses withdrawn before the start. £10 @ 9/1 = £90 WINNINGS on the bet. Total Returns would be £73 making a profit on the bet of £63 | |
Bookmaker Analysis
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