money done in cold fcuking blood thks mr vee moodley

  • rob faux
  • New Member
  • New Member
  • Thanks: 0

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#330873
Punters want a fixed-price product so value can be locked in and the Tote needs a strategy to fight back against the bookmakers ................one day somebody at "P" will realise that is what a betting exchange is .....a fixed price tote ...........somebody there needs to read the findings of the Dept. of Trade and Industries gambling commission..........they recognised it.
They even recommended betting exchanges be licenced..........Saftote are just a step away from bolting a fixed price tote on to the present platform
One day exchanges will come and we will have to listen to the CEO moan about the competition,instead of admitting to missed opportunity!

Why? because Interbet are also only a step away .........all they need is a licence to allow the public to lay...........as recommended by the commission!

Please Log in or Create an account to join the conversation.

  • Guest
  • Visitor
  • Visitor

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331088
pirates Wrote:
> fc come down to greyville racecourse club tab and
> show me where the rules are up?thats the so called
> premier tote in natal


is it only me or does this pirates chap come across as an arrogant mr knowitall...like i said this rule is known by many

Please Log in or Create an account to join the conversation.

  • pirates
  • Topic Author
  • New Member
  • New Member
  • Thanks: 0

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331096
FC Wrote:
> pirates Wrote:
>
>
> > fc come down to greyville racecourse club tab
> and
> > show me where the rules are up?thats the so
> called
> > premier tote in natal
>
>
> is it only me or does this pirates chap come
> across as an arrogant mr knowitall...like i said
> this rule is known by many


call me what you want just been to club tab the premier tab in natal and not one ruling has been put up anywhere plus the staff have no idea of the rules so you must hang out at a knowitall place fc whatever fc stands for...anyway its over now have learnt my lesson and have moved on

Please Log in or Create an account to join the conversation.

  • andy
  • New Member
  • New Member
  • Thanks: 0

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331142
Tipster
Three horses in a 3 horse field at odds of
8/10,
15/10
2/1

100/1.8 = 55.6
100/2.5 = 40
100/3 = 33.3

percentage book = (55.6 + 40 + 33.3) = 128.9

i.e bookmakers have a 28.9% advantage.

I understand that but you haven’t proven how the bookmaker gets his 28.9%

Please Log in or Create an account to join the conversation.

  • RACING GURU
  • New Member
  • New Member
  • Thanks: 0

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331146
u can bet to 200%....but if a bookmaker only lays 1 horse in a race....it was only a potential %

Please Log in or Create an account to join the conversation.

  • Dave Scott
  • Administrator
  • Administrator
  • Posts: 43867
  • Thanks: 3338

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331151
I have been on both sides of the fence and please understand that percentages are more theory rather than reality and the chances of a bookie holding a "proper " book with the exception of the July, Met, Summer Cup etc are remote.
The bottom line is punt what u fancy based on what odds u think are value with your bookie at a fixed price and may the best horse or man win and who cares about the other transactions in the race, it's you vs the cream cookie at a fair fixed priced

Good punting

Please Log in or Create an account to join the conversation.

  • devon air
  • New Member
  • New Member
  • Thanks: 0

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331176
FC Wrote:
> pirates Wrote:
>
>
> > fc come down to greyville racecourse club tab
> and
> > show me where the rules are up?thats the so
> called
> > premier tote in natal
>
>
> is it only me or does this pirates chap come
> across as an arrogant mr knowitall...like i said
> this rule is known by many


On the tabgold Betting form there is an important information section explaining how the results are determined, but there is nothing about lots being drawn if a match is called-off .Yesterday, I spoke to several people at Clairwood, who only play the Soccer 13, and no one knew anything about lots being drawn and before you claim it is Gold Circles fault, there were a few boys from other provinces who I asked.

I wonder if the boys on Neil Andrew`s Saturday knew?

Please Log in or Create an account to join the conversation.

  • Guest
  • Visitor
  • Visitor

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331178
Tipster you talk rubbish let alone understand anything about sa bookmakers and percentages.
SA bookies give stretches on all the advertised odds eg 2-1 5/2 and you can get a fair size bet and you will not have account closed.

In UK they do not lay stretches they do not give big bets unless you are a loser and they do not give credit like in SA.
So before you talk about SPS think about the odds with stretches available ,interbet is laying to around 103 110 % thats the true market price.

Please Log in or Create an account to join the conversation.

  • Mac
  • Platinum Member
  • Platinum Member
  • Posts: 12013
  • Thanks: 940

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331182
Dont forget to factor in the 3% commission at Interbet

Please Log in or Create an account to join the conversation.

  • Tipster
  • Premium Member
  • Premium Member
  • Posts: 852
  • Thanks: 36

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331192
zenyatta Wrote:
> Tipster you talk rubbish let alone understand
> anything about sa bookmakers and percentages.
> SA bookies give stretches on all the advertised
> odds eg 2-1 5/2 and you can get a fair size bet
> and you will not have account closed.
>
> In UK they do not lay stretches they do not give
> big bets unless you are a loser and they do not
> give credit like in SA.
> So before you talk about SPS think about the odds
> with stretches available ,interbet is laying to
> around 103 110 % thats the true market price.

Do they include the stretch when they deduct for scratched horses?

Please Log in or Create an account to join the conversation.

  • andy
  • New Member
  • New Member
  • Thanks: 0

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331410
Tipster
Do they include the stretch when they deduct for scratched horses?

Gotta agree with you there, as they do not factor in the strech when they deduct !

Please Log in or Create an account to join the conversation.

  • bloodshot
  • New Member
  • New Member
  • Thanks: 0

Re: Re: money done in cold fcuking blood thks mr vee moodley

12 years 2 months ago
#331513
HUH now I'm lost ? Smirnoff red is 43 % proof and Smirnoff Blue is 50% proof which one gets you happy first ?? And really im not a knowi it all ! Just trying to work out the percentages . Pick your horse have your bet and then have a drink and chill! Percentages are smll they can't hurt as much as a really bad hangover. Then again i could be a drunk!!

Please Log in or Create an account to join the conversation.

Time to create page: 0.127 seconds

Contact Details

Main Office (HQ)
PO Box 40390
Moreleta Park
Pretoria
0044
+27 (0) 82 785 4357
info@africanbettingclan.com

About A.B.C.

African Betting Clan is established for the upliftment of the sports punter, who enjoys a bet on horse racing, football and other sports, enabling them to voice their views and opinions on all aspects of the sport of their choice, free of charge.

Learn More

T's & C's

The views expressed on this website are not necessarily the views held by the proprietors of the site. Therefore African Betting Clan will not be responsible for any content posted. No persons under the age of 18 years are permitted to gamble. National Responsible Gambling Programme and its toll-free number (0800 006 008)