Is there ever any point or sense i n trying for the tote jackpot?

[BOB PATRICK]

Is there ever any point or sense i n trying for the tote jackpot? i notice on Friday at DUNDALK  the jackpot for all 6 winners paid £102.70. There was only £826 in the pool! A £1 accumulator would have paid around £960! It was even worse when I noticed it a couple of weeks ago. There was £4000 in the pool and there were 40 winners (yes I am aware someone could have more than one ticket .) So each winning ticket got £100 The accumulator at SP WOULD HAVE PAID £9000! If it was me I would  have been absolutely distraught! I remember a long time ago that high numbers had a massive advantage in Sandown sprints.me and all my mates from my local pub went for a day out at York races (which is where I am from). I wanted a tri-cast on 3 High drawn stalls at Sandown, but could not find a bookie who would take the bet, so I had a trifecta on the tote instead. They came in at ridiculous prices, 33-1, 20-1 10-1, I think. i was ecstatic. I reckoned I had won in the region of £6000. I told all my mates from the pub that every drink was on me that night. When the dividend came through it was absolutely disgusting. Something like £200. Whether that was because there was no money in the pool or loads of other people had got it I never found out. needless to say I had to apologise to all my friends (and secretly go to the toilet to cry into a towel). In general i reckon the tote is a waste of time. There was a time when the Tote was extremely lucrative in some ways. There used to be the tote dual forecast. If you picked 2 horses to be first and second you got it either way round for just one bet instead of 2. If you wanted to do a double with forecasts in 2 different races it was still only 1 bet  or a treble etc in a Tote bookies (now taken over by BetFred). Now to do a reverse forecast treble is 8 bets. Now you may be thinking, ah, yes but the dividend would be half or worse. Not with high prices it wasn't. (Most of the time). You could perm (say) 5 horses which is 10 bets but nowadays it would be 20 bets, and where as a double with 5 horses in 2 races reversed is now 20X20 = 400 bets! What's more you didn't even have to put it through the tote machine, you could just write it on a betting slip! The best result I ever had was in race 1 the fav and an outsider  and same in race 2. I had a £5 double. The favourite won both races and the outsider in each was second. It paid £1500 for a fiver. The same rev f/cast bet would have cost £20 and would probably have paid around £800 (so 40-1). Of course I got over 300-1. Sadly those days are gone, I just like sharing my memories with anyone who is interested and you'll never catch me doing the tote Jackpot!

[Valiant Thor]

The tote Jackpot was @ Newcastle on 9/3/18 and had a Prize fund of 10k which was not won.

Are you talking of the placepot?

As the minimum starting amount is always known beforehand with the Jackpot.

Todays Jackpot is @ Warwick and starts at a minimum of 10k.

So if the average price of the 6 selections in your line is less than  6√10,000 = 4.65 or around the 7/2 to 15/8 mark you are getting fair return IF you are the sole winner, If not a fair price or you expect several to win, why would you even consider the bet just back as a straight Acca.

I don't play the jackpot but do play the Scoop 6 when large +EV situations arise usually at the big meetings with large amounts going into the pool plus the fallback of the place dividend being over inflated and covering/beating the initial bet outlay.