How The Doubles Totalisator Will Operate At Levin On Saturday

Chronicle (Levin), 14 December 1949, Page 4

How The Doubles Totalisator Will Operate At Levin On Saturday

The inttb'diictiO|i of jdo-ubles bettiiig at the Levin Ttacing Club'§ sumih^t fh^'etihg Ofi Shturday'is ereating consi'd'erable interest afnb'ng race^oers. Tbis Is how the doubles totalisator will operate : f>L

9 The minimum bettlng uhit will . be 10s, but £l and feB tickets will also be on sale durifig the Betting [ " period fdf Ra&e 4 (the PreSident's' fiahdicap) . o One 10s window wih be 'opefi-, ed when the tbtalisatO'r _ opfeiis on'; the first. raee h'nd will remMh Dperi uhtll the. clo'sing' of .bettlhi on[ Raee 4. This wih enafeie the . public to baek their fahty eatly and to save c'ongestion ddriiig RaCe 4 the public will be requested to use thiS window when thfey f'equire to piirchdse double's tiekfets. only. This will give' an opportunity to ascertain whether the public deSife facilitie's. feariy iii the day, of Whethef dodblee betlihg" will- be confined tb the betting periPd fof thfe first leg. This Wiiidow will be located at the! ' southern end of 'the tote. 9 When the tote op'ens bn Raee '4 (first leg) wih, piaee and 'doubles' tickets will be available at, every window on- the main tote in the values allocated to each window. Win and place Will be sbld eleetri'cally and doubles tickets Will' be sold manually (white tickets) . An extra five minu'tes' bettingtirne is to be takeh and balancing time will b'e five minutes. By- this means the club will be able to ascertain -infonnation on early investments and the distribution of betting in different values. • ReiriVestment: Wihhihg tiCkets on the first leg will b6 fedeemed at special windows at the sbuthern end of the tote during Races 5 and '6. It is pfoposed to open . , .. ^

one window to liandle £5 ahd . £1 tickets, and two to hand'le 10s tickets: .Yellow tickets will b'e used for the seeond leg and' in the case of a dead heat salmon tfckets will be used for the higher. humbe'f. This ihformation Will be hotified on . the notice board on ihe tote. •. Payout: The' same three windt»Ws. Will be subs'equently Used. as payout windows. • Means of. display: A small manuai horse total tote will be used to display progressive totals of the actual number of tickets sold on each runner on the tioiibles tote and the total invest•nient. This Will be.located alohgside the indicator-. The same pfoCCdure will he adopted on the seeond leg and in addition a sp.ecial board will show the amount of pool ;ava*iiable for distribution, the nU'mber of tickets tO b'e reinvest'ed and the minimum. doubles price, pfesumihg all 'tickets ane reihvested on one runner. _ An indication of how" dividends are calculated is shown by the foliowing figures: — If £2000 has been invested on the first leg abbut £1700 will be available for 'distribution after percentages have been deducted. If £200 of this wefe invested on the Winhef, the holders of these tickets exchange them oh the s'econd l'eg. If £20 Of this £200 were invested on the winner of the Seeond leg, the investofs would receive £85 for each original £1 investment, or £42 10s fof eVery 10s investment.