Proposed changes to Bonus system

View previous topic View next topic Go down

Proposed changes to Bonus system

Post by upduck on Wed Apr 22, 2015 7:08 am

Looking to address some anomolies in the bonus system, mainly surrounding small field races and how easy it is to gain a decent bonus. Have removed the lower limits for win and each-way bonus and lowered the pay-outs for the others. Thoughts, please.

TOP TIPPING BONUS
The minimum number of selections at any meeting should be 4. Non-Runners count towards minimum selection total but for obvious reasons will not count towards the bonus.
For each separate meeting where 4 or more selections have been made, the following bonus should be applied.
WINNING SELECTIONS
4 winners at one meeting = £50.00
5 winners at one meeting = £150.00
6 winners at one meeting = £300.00 (if 7 or more races)
Through the card = £500.00 for 7 winners (plus £100.00 for each winner over 7)
i.e... 8 race meeting - 8 winners would net £600.00 bonus.

PLACED SELECTIONS
5 selections finishing in a qualifying place position = £25.00
6 selections finishing in a qualifying place position = £50.00 (if more than 6 races)
Through the card (7 or more) in a qualifying place position = £150.00

Qualifying place positions are where the bookies pay a place, as per general rules.(I have checked with various bookie websites and these are the standard number of runners for E/W settling)
4 Runners or less = WIN ONLY
5-7 runners = first 2 places.
8 or more runners = first 3 places.
Handicaps with 16 or more runners = first 4 places.

upduck

Posts : 5137
Join date : 2012-11-18

Back to top Go down

Re: Proposed changes to Bonus system

Post by MSC on Wed Apr 22, 2015 8:50 am

Did we always have bonuses? And if not, what were the reasons for introducing them?   I genuinely cant remember.  Personally, I don't really see the need for any, other than perhaps a weekly bonus for the overall winner that week. At least that way it better reflects real life (or perhaps we don't want to? Razz ) 

Anyway, I don't really mind whatever we decide - I will go with the flow.

MSC

Posts : 1341
Join date : 2013-12-17

Back to top Go down

Re: Proposed changes to Bonus system

Post by upduck on Wed Apr 22, 2015 9:45 am

We did not have bonuses when we started. i got to thinking that they might add a 'reward' towars the totals. Happy to get rid of them if everyone else is.

upduck

Posts : 5137
Join date : 2012-11-18

Back to top Go down

Re: Proposed changes to Bonus system

Post by Penniless Punter on Thu Apr 23, 2015 1:34 pm

I appreciate the work that you put into the T's and C's, Steve.
I'm easy about the bonuses.
I think the trial from May is sensible, then say from September to December we maybe could trial no bonuses, and then for 2016 decide which way to go with more clarity, having had 4mths of both.
Just a thought.
On the e/w and win bonus tables it still needs clarifying 6/6 placed and 6/6 winners, please, Steve.

Penniless Punter

Posts : 3925
Join date : 2012-11-17

Back to top Go down

Re: Proposed changes to Bonus system

Post by upduck on Mon Apr 27, 2015 5:42 am

Howsabout we go 'bonus-free' for May and June, from 4th May. Then see how everyone feels about them.

upduck

Posts : 5137
Join date : 2012-11-18

Back to top Go down

Re: Proposed changes to Bonus system

Post by Penniless Punter on Mon Apr 27, 2015 1:35 pm

Fine by me, Steve.
Be good to hear from Clive and Patrick first though.

Penniless Punter

Posts : 3925
Join date : 2012-11-17

Back to top Go down

Re: Proposed changes to Bonus system

Post by upduck on Wed Apr 29, 2015 10:37 am

JosephStalin wrote:
On the e/w and win bonus tables it still needs clarifying 6/6 placed and 6/6 winners, please, Steve.
Done.  Smile

upduck

Posts : 5137
Join date : 2012-11-18

Back to top Go down

Re: Proposed changes to Bonus system

Post by Dmouse on Fri May 01, 2015 9:50 am

After speaking with Steve and working with some ideas while settling this week i have come up with either we drop the bonus altogether or what about winners only count towards a bonus if the race has eight or more runners declared overnight therefore removing all winners 7 runners and below from the bonus scheme making the winning bonus harder to achieve. ie

6 runners and 2 non runner but eight declared overnight still would count but
5 runners and 2 non runners would not count towards the winners bonus that is currently available

Dmouse

Posts : 1137
Join date : 2013-01-07

Back to top Go down

Re: Proposed changes to Bonus system

Post by Penniless Punter on Fri May 01, 2015 1:33 pm

Interesting idea, Clive, I'd go along with that. Smile

Penniless Punter

Posts : 3925
Join date : 2012-11-17

Back to top Go down

Re: Proposed changes to Bonus system

Post by upduck on Tue May 05, 2015 5:50 am

Sooooo, what are we doing with this?? Scrapping it? Going with Clive's idea? Any other suggestions??
Question Question Question

upduck

Posts : 5137
Join date : 2012-11-18

Back to top Go down

Re: Proposed changes to Bonus system

Post by MSC on Tue May 05, 2015 9:26 am

Good question.  I am just anxious about Clive's proposal because I have no idea where you find out how many are declared overnight!  Quite happy for them to go altogether, but quite happy to go with the flow as I don't know what I am talking about!

MSC

Posts : 1341
Join date : 2013-12-17

Back to top Go down

Re: Proposed changes to Bonus system

Post by upduck on Tue May 05, 2015 10:42 am

MSC wrote:Good question.  I am just anxious about Clive's proposal because I have no idea where you find out how many are declared overnight!  Quite happy for them to go altogether, but quite happy to go with the flow as I don't know what I am talking about!

The results show the number of runners, they also show any non-runners. Add the two together to give the overnight declared runners. Hope that clears that up Angela.

upduck

Posts : 5137
Join date : 2012-11-18

Back to top Go down

Re: Proposed changes to Bonus system

Post by Penniless Punter on Tue May 05, 2015 1:32 pm

What if there were 4 non-runners in a 10 horse race say, and 3 of them had been taken out in the morning?
There are complications to Clive's proposed system - or am I wrong?
I don't know - I claim senility!! Arf! Laughing Laughing

Penniless Punter

Posts : 3925
Join date : 2012-11-17

Back to top Go down

Re: Proposed changes to Bonus system

Post by upduck on Tue May 05, 2015 1:36 pm

JosephStalin wrote:What if there were 4 non-runners in a 10 horse race say, and 3 of them had been taken out in the morning?
There are complications to Clive's proposed system - or am I wrong?
I don't know - I claim senility!! Arf! Laughing Laughing

10 Runners overnight. Just add runners and non-runners together. Smile

upduck

Posts : 5137
Join date : 2012-11-18

Back to top Go down

Re: Proposed changes to Bonus system

Post by Penniless Punter on Tue May 05, 2015 1:58 pm

Yes, I get it now, thanks Steve.
Say there were 8 non-runners in a 10 race field Clive's system wouldn't be foolproof. (Extreme point and very unlikely event I know!)
I would suggest we trial a no bonus system, as we seem unable to decide, with the open option of trialling anything else if there's a consensus to if that doesn't work out.

Penniless Punter

Posts : 3925
Join date : 2012-11-17

Back to top Go down

Re: Proposed changes to Bonus system

Post by Penniless Punter on Tue May 05, 2015 2:02 pm

It might be simpler to adapt Clive's system to: "8 horse races plus" only to qualify for bonuses, removing the question of non-runners totally.

Penniless Punter

Posts : 3925
Join date : 2012-11-17

Back to top Go down

Re: Proposed changes to Bonus system

Post by Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum