Deductions

The extent to which deductions are applied is determined by comparing the relative value of the horse within the market at the time of scratching against our approved deductions schedule. A formal copy of Ladbrokes.com.au's schedule of deductions can be found in our Racing Rules here.

To clarify how, and to what extent these deductions may have impacted your dividend, please follow the below example and formula(s).

1. Stake x Odds = Face Value of Ticket (Original winning value of the ticket (bet) if no deductions took place)
2. Face Value of Ticket x Deductions per dollar = Deducted amount 
3. Face Value of Ticket - Deducted Amount = Actual Payout.

Example:
Original Stake - $10
Original Odds - $5
Expected Dividend - $50
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3 Horses scratched
Deductions on the race - 2c, 7c, 10c
Deductions (Per Dollar) - 19c
Total Deductions ($50 x $0.19) - $9.50
New Dividend ($50 - $9.50) - $40.50

Alternatively, deductions can also be determined using the below calculation;

1. (Stake Amount x Odds) x (1 - Deduction Value) = Final Return
2. e.g. ($10 stake x $5.00 odds) x (1 - 0.19 deduction) = $40.50

Scratching deductions are a standard practice within the wagering industry and are applied by all corporate bookmakers Australia-wide. For your convenience, scratching amounts are displayed on each event's racing page.