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Originally Posted by Scav
Also, is it 10% bonus for TOTAL payout, or just profit on the ticket IE
$1,000 win on 3/1...Get back $4,000 + $400 bonus or $300 bonus?
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Scav, that's part of the beauty of it. You get paid the 10% on the total payout. If you bet $1000 on a 3/1 shot and win, the payout will be $4400 at 5Dimes. So you are getting 10% on the payout, but you are getting 13.3% extra (400/3000) on the amount you won. Another way of looking at it is that the 10% bonus has turned your 3-1 into an almost 7-2 payoff. (3.40-1)
To answer your previous question...
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Originally Posted by Scav
You are right, this is a better deal for a better handicapper, that being said, it looks like there fine print, especially the odds cap is confusing and for someone like me, who sends it in, I would be cautious with it at first. I have heard 5Dimes in the same sentence with Pinnacle and Cris so I know they are legit. I was reading the payout structure and it was like "The first $100 is covered by xxxx and then after that it is only these odds?
So in summation, I usually play about $200 win wagers when playing, and I usually don't play a horse for that amount that is about 6 or 7/1, would I get affected by these payout rules?
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You are not going to be affected by "caps" unless you like to bet on 110-1 shots at the "major" tracks.
The first $100 at major tracks will pay track odds on win bets. Anything over $100 is capped at odds of 110-1 at the "major" tracks.
So, unless you are betting on horses at greater than 110-1 at "major" tracks, then your $200 win bets will get the 10% extra on top of the full track payout.
Remember, though, that it only applies to the "major" tracks on 5Dimes' list.
--Dunbar