Place Accumalator Calculate

Could Anyone please explain to me in great detail how to calculate my place accumulator

I am new to Horseracing and am at my whit's end on this subject. I placed a P/A the other day, my stake was R500.00 for 5706 bets @ 8.68% and I got at least one or two right in each race, so thinking i won at least double my stake of R500 i dashed off to the teller exitedly to for my payout,but dissappointingly I only received R366.60 .... I asked how this is possible and nobody could explain in great detial to me how they come to only that amount, I have come accross this site and only found half my answer.

It says when calculating a P/A you start off by multiplying the total number of bets by the total number of bets won, then multiply this amount to my percentage of 8.68%.. I then came to an amount of R7999.00 .

So I want to know
1. How is the percentage calculated?
2. Is there any deductions made on horses that did not make the first 3 places ive included in my P/A?
3.How do i get to the Payout Amount?

Today I staked a R100.00 on the Vaal for all 7 legs.
My ticket says 288 bets this I know how to calcualte(thanks to this site), at 34.72%

Leg1: 6+7
Leg2: 1+7+11
Leg3: 4+5+6+10
Leg4: 1+6
Leg5: 2+3
Leg6: 1+4+10
Leg7: 13

Now according to what I have learnt is i multiply my winnings.
In leg1 I two numbers in = 2
In leg2 i have two in= 2
In leg3 i have only one in= 1
leg4 i have one= 1
in leg5 i have2= 2
In leg6 i have2=2
in leg 7 i have 0ne which is my banker=1
which is calculated as 2x2x1x1x2x2x1=16

What would my Payout be?
The P/A Results are:-
Nett pool: R984 270.10
Live Tickets 80 718.38
Prov Min 12.20


REGARDS

You receive (16x0.347)x12.20. Something like that

16 x 34.72% = 555.52 / 100 x R26.60 (dividend) = R147.76 (payout)

16 x the payout x the percentage

Then that means I lost my R100 again?
I calculated it and got to R67.73

karlito Wrote:

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> Then that means I lost my R100 again?
> I calculated it and got to R67.73

The dividend for the vaal pa today was R26.60 not R12.20 (This was the minimum going into the LAST LEG)

Go calculate again...

karlito the prov min payout was going into the last race so would have payed more and your payout should be 1+38% of the div

Thanks Gregbucks
Will see if the machine aggrees tomorrow

Titch Wrote:

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> karlito the prov min payout was going into the
> last race so would have payed more and your payout
> should be 1+38% of the div

You sure I got 5+55%....:S

GB I think , after to-days racing, Titch had his "units" all confused.....:S

Countrymember Wrote:

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> GB I think , after to-days racing, Titch had his
> "units" all confused.....:S


lol....X(

Countrymember Wrote:

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> GB I think , after to-days racing, Titch had his
> "units" all confused.....:S


LMAO as my wife said after she recalculated it for me "You Nit' ....5+50% is correctimonto