From lloveday at ozemail.com.au Sun Jul 8 09:27:20 2018 From: lloveday at ozemail.com.au (L.B.Loveday) Date: Sun, 8 Jul 2018 09:27:20 +1000 Subject: [AusRace] Kalgoorlie today Message-ID: <007401d4164a$10794140$316bc3c0$@ozemail.com.au> BetZero opened Kalgoorlie yesterday; this morning WH, Ladbrokes and Crown opened all horses, every race at the same price as Betzero. No ability, no opinion, no shame; how pathetic. -------------- next part -------------- An HTML attachment was scrubbed... URL: From tonymoffat at bigpond.com Thu Jul 12 22:29:00 2018 From: tonymoffat at bigpond.com (Tony Moffat) Date: Thu, 12 Jul 2018 20:29:00 +0800 Subject: [AusRace] Excel problem - help requested Message-ID: <000001d419db$ea339bd0$be9ad370$@bigpond.com> 1533657143 -this is the ten run past form for Havasay (horse 6) in the Ramornie recently. Those numbers represent the horses performance in the class of race leading up to this run so may not accurately reflect its performance in real time - the runs are ranked against other runners in this race. This is a horizontal component 744723477272776777777777 is the comparison for all runners on their lead up race before the Ramornie - this is a vertical component. Havasay is the 6th horse in (the 3 here). The problem occurring more often now is that the vertical component is not ranking runners as 1 (1st here) - essentially the runner above Havasay should be ranked 1 - it shows a two. I am using the following to obtain the vertical component =SUMPRODUCT((U65>$L$60:$L$83)/COUNTIF($L$60:$L$83,$L$60:$L$83))+1. Could a excel savvy user review this and advise how to ensure the vertical rankings appear as they should, 1 out to 9 most often, although the poor form horses and the non-runners are shown as 7 in this example. It does apply the correct ranking most times, except if there is no 1st in the list it does not apply a first (a 1) to a runner. The array is 10 columns wide and 24 rows deep. Cheers Tony --- This email has been checked for viruses by AVG. https://www.avg.com -------------- next part -------------- An HTML attachment was scrubbed... URL: From tonymoffat at bigpond.com Thu Jul 12 23:51:06 2018 From: tonymoffat at bigpond.com (Tony Moffat) Date: Thu, 12 Jul 2018 21:51:06 +0800 Subject: [AusRace] Excel problem - help requested Message-ID: <000001d419e7$623642d0$26a2c870$@bigpond.com> Re-send From: Tony Moffat [mailto:tonymoffat at bigpond.com] Sent: Thursday, July 12, 2018 8:29 PM To: 'AusRace Racing Discussion List' Subject: Excel problem - help requested 1533657143 -this is the ten run past form for Havasay (horse 6) in the Ramornie recently. Those numbers represent the horses performance in the class of race leading up to this run so may not accurately reflect its performance in real time - the runs are ranked against other runners in this race. This is a horizontal component 744723477272776777777777 is the comparison for all runners on their lead up race before the Ramornie - this is a vertical component. Havasay is the 6th horse in (the 3 here). The problem occurring more often now is that the vertical component is not ranking runners as 1 (1st here) - essentially the runner above Havasay should be ranked 1 - it shows a two. I am using the following to obtain the vertical component =SUMPRODUCT((U65>$L$60:$L$83)/COUNTIF($L$60:$L$83,$L$60:$L$83))+1. Could a excel savvy user review this and advise how to ensure the vertical rankings appear as they should, 1 out to 9 most often, although the poor form horses and the non-runners are shown as 7 in this example. It does apply the correct ranking most times, except if there is no 1st in the list it does not apply a first (a 1) to a runner. The array is 10 columns wide and 24 rows deep. Cheers Tony --- This email has been checked for viruses by AVG. https://www.avg.com -------------- next part -------------- An HTML attachment was scrubbed... URL: From lloveday at ozemail.com.au Wed Jul 18 14:13:58 2018 From: lloveday at ozemail.com.au (L.B.Loveday) Date: Wed, 18 Jul 2018 14:13:58 +1000 Subject: [AusRace] NSW race prizemoney will increase Message-ID: <006201d41e4d$c23fc060$46bf4120$@ozemail.com.au> The Daily Telegraph reports that " NSW race prizemoney will increase to more than $260 million annually, with metropolitan, provincial and country racing the biggest winners from the substantial injection". Can someone tell me who were the smallest winners (or losers)? -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: image001.png Type: image/png Size: 27470 bytes Desc: not available URL: From tonymoffat at bigpond.com Wed Jul 18 15:51:58 2018 From: tonymoffat at bigpond.com (Tony Moffat) Date: Wed, 18 Jul 2018 13:51:58 +0800 Subject: [AusRace] Excel problem - help requested Message-ID: <000001d41e5b$71aff080$550fd180$@bigpond.com> Sorted - thanks I used =SUMPRODUCT((A1>A$1:A$24)/COUNTIF(A$1:A$24,A$1:A$24))+1 This sorts out as least to large, to reverse that change > to < This allows you to view all the ranked numbers, as in 1, 222, 33, 4444,5 Cheers Tony Re-send From: Tony Moffat [mailto:tonymoffat at bigpond.com ] Sent: Thursday, July 12, 2018 8:29 PM To: 'AusRace Racing Discussion List' > Subject: Excel problem - help requested 1533657143 -this is the ten run past form for Havasay (horse 6) in the Ramornie recently. Those numbers represent the horses performance in the class of race leading up to this run so may not accurately reflect its performance in real time - the runs are ranked against other runners in this race. This is a horizontal component 744723477272776777777777 is the comparison for all runners on their lead up race before the Ramornie - this is a vertical component. Havasay is the 6th horse in (the 3 here). The problem occurring more often now is that the vertical component is not ranking runners as 1 (1st here) - essentially the runner above Havasay should be ranked 1 - it shows a two. I am using the following to obtain the vertical component =SUMPRODUCT((U65>$L$60:$L$83)/COUNTIF($L$60:$L$83,$L$60:$L$83))+1. Could a excel savvy user review this and advise how to ensure the vertical rankings appear as they should, 1 out to 9 most often, although the poor form horses and the non-runners are shown as 7 in this example. It does apply the correct ranking most times, except if there is no 1st in the list it does not apply a first (a 1) to a runner. The array is 10 columns wide and 24 rows deep. Cheers Tony --- This email has been checked for viruses by AVG. https://www.avg.com -------------- next part -------------- An HTML attachment was scrubbed... URL: From RaceStats at hotmail.com Wed Jul 18 20:28:48 2018 From: RaceStats at hotmail.com (Race Stats) Date: Wed, 18 Jul 2018 10:28:48 +0000 Subject: [AusRace] Excel problem - help requested In-Reply-To: <000001d41e5b$71aff080$550fd180$@bigpond.com> References: <000001d41e5b$71aff080$550fd180$@bigpond.com> Message-ID: Hi Tony glad you got it sorted, but for some odd reason I never received your original email, only your reply! I'm sure I've missed quite a few emails, I think there is a bug in the list somewhere as I replied to the conversation about times and never got any notification or further conversations. It all started when the emails started coming through as Digest rather than individually. Lindsay. From: Racing [mailto:racing-bounces at ausrace.com] On Behalf Of Tony Moffat Sent: Wednesday, 18 July 2018 3:52 PM To: racing at ausrace.com Subject: [AusRace] Excel problem - help requested Sorted - thanks I used =SUMPRODUCT((A1>A$1:A$24)/COUNTIF(A$1:A$24,A$1:A$24))+1 This sorts out as least to large, to reverse that change > to < This allows you to view all the ranked numbers, as in 1, 222, 33, 4444,5 Cheers Tony Re-send From: Tony Moffat [mailto:tonymoffat at bigpond.com] Sent: Thursday, July 12, 2018 8:29 PM To: 'AusRace Racing Discussion List' > Subject: Excel problem - help requested 1533657143 -this is the ten run past form for Havasay (horse 6) in the Ramornie recently. Those numbers represent the horses performance in the class of race leading up to this run so may not accurately reflect its performance in real time - the runs are ranked against other runners in this race. This is a horizontal component 744723477272776777777777 is the comparison for all runners on their lead up race before the Ramornie - this is a vertical component. Havasay is the 6th horse in (the 3 here). The problem occurring more often now is that the vertical component is not ranking runners as 1 (1st here) - essentially the runner above Havasay should be ranked 1 - it shows a two. I am using the following to obtain the vertical component =SUMPRODUCT((U65>$L$60:$L$83)/COUNTIF($L$60:$L$83,$L$60:$L$83))+1. Could a excel savvy user review this and advise how to ensure the vertical rankings appear as they should, 1 out to 9 most often, although the poor form horses and the non-runners are shown as 7 in this example. It does apply the correct ranking most times, except if there is no 1st in the list it does not apply a first (a 1) to a runner. The array is 10 columns wide and 24 rows deep. Cheers Tony ________________________________ [AVG logo] This email has been checked for viruses by AVG antivirus software. www.avg.com -------------- next part -------------- An HTML attachment was scrubbed... URL: From norsaintpublishing at gmail.com Wed Jul 18 20:41:00 2018 From: norsaintpublishing at gmail.com (norsaintpublishing at gmail.com) Date: Wed, 18 Jul 2018 20:41:00 +1000 Subject: [AusRace] Racing Digest, Vol 19, Issue 2 In-Reply-To: References: Message-ID: Same here Lindsay. This is the first post I've seen since I made an enquiry about par times a month or so ago. [image: Mailtrack] Sender notified by Mailtrack 18/07/18, 20:40:19 On Wed, Jul 18, 2018 at 8:29 PM wrote: > Send Racing mailing list submissions to > racing at ausrace.com > > To subscribe or unsubscribe via the World Wide Web, visit > http://ausrace.com/mailman/listinfo/racing_ausrace.com > or, via email, send a message with subject or body 'help' to > racing-request at ausrace.com > > You can reach the person managing the list at > racing-owner at ausrace.com > > When replying, please edit your Subject line so it is more specific > than "Re: Contents of Racing digest..." > > > Today's Topics: > > 1. Excel problem - help requested (Tony Moffat) > 2. Re: Excel problem - help requested (Race Stats) > > > ---------------------------------------------------------------------- > > Message: 1 > Date: Wed, 18 Jul 2018 13:51:58 +0800 > From: "Tony Moffat" > To: > Subject: [AusRace] Excel problem - help requested > Message-ID: <000001d41e5b$71aff080$550fd180$@bigpond.com> > Content-Type: text/plain; charset="us-ascii" > > Sorted - thanks > > I used =SUMPRODUCT((A1>A$1:A$24)/COUNTIF(A$1:A$24,A$1:A$24))+1 > This sorts out as least to large, to reverse that change > to < > > This allows you to view all the ranked numbers, as in 1, 222, 33, > 4444,5 > > Cheers > > Tony > > > Re-send > > > > > From: Tony Moffat [mailto:tonymoffat at bigpond.com > ] > Sent: Thursday, July 12, 2018 8:29 PM > To: 'AusRace Racing Discussion List' > > Subject: Excel problem - help requested > > > > 1533657143 -this is the ten run past form for Havasay (horse 6) in the > Ramornie recently. Those numbers represent the horses performance in > the class of race leading up to this run so may not accurately reflect > its performance in real time - the runs are ranked against other > runners in this race. This is a horizontal component > > > > 744723477272776777777777 is the comparison for all runners on their > lead up race before the Ramornie - this is a vertical component. > Havasay is the 6th horse in (the 3 here). > > > > The problem occurring more often now is that the vertical component is > not ranking runners as 1 (1st here) - essentially the runner above > Havasay should be ranked 1 - it shows a two. > > > > I am using the following to obtain the vertical component > =SUMPRODUCT((U65>$L$60:$L$83)/COUNTIF($L$60:$L$83,$L$60:$L$83))+1. > > > > Could a excel savvy user review this and advise how to ensure the > vertical rankings appear as they should, 1 out to 9 most often, > although the poor form horses and the non-runners are shown as 7 in > this example. > > > > It does apply the correct ranking most times, except if there is no > 1st in the list it does not apply a first (a 1) to a runner. > > > > The array is 10 columns wide and 24 rows deep. > > > > Cheers > > > > Tony > > > > > > --- > This email has been checked for viruses by AVG. > https://www.avg.com > -------------- next part -------------- > An HTML attachment was scrubbed... > URL: < > http://ausrace.com/pipermail/racing_ausrace.com/attachments/20180718/33f5034c/attachment-0001.html > > > > ------------------------------ > > Message: 2 > Date: Wed, 18 Jul 2018 10:28:48 +0000 > From: Race Stats > To: AusRace Racing Discussion List > Subject: Re: [AusRace] Excel problem - help requested > Message-ID: > < > MEAPR01MB32051434B6A5484C8BBE2488BB530 at MEAPR01MB3205.ausprd01.prod.outlook.com > > > > Content-Type: text/plain; charset="us-ascii" > > Hi Tony glad you got it sorted, but for some odd reason I never received > your original email, only your reply! > I'm sure I've missed quite a few emails, I think there is a bug in the > list somewhere as I replied to the conversation about times and never got > any notification or further conversations. > It all started when the emails started coming through as Digest rather > than individually. > Lindsay. > > From: Racing [mailto:racing-bounces at ausrace.com] On Behalf Of Tony Moffat > Sent: Wednesday, 18 July 2018 3:52 PM > To: racing at ausrace.com > Subject: [AusRace] Excel problem - help requested > > > Sorted - thanks > > > > I used =SUMPRODUCT((A1>A$1:A$24)/COUNTIF(A$1:A$24,A$1:A$24))+1 > > This sorts out as least to large, to reverse that change > to < > > > > This allows you to view all the ranked numbers, as in 1, 222, 33, 4444,5 > > > > Cheers > > > > Tony > > > > > > Re-send > > > > > > > > > > From: Tony Moffat [mailto:tonymoffat at bigpond.com< > http://ausrace.com/mailman/listinfo/racing_ausrace.com>] > > Sent: Thursday, July 12, 2018 8:29 PM > > To: 'AusRace Racing Discussion List' http://ausrace.com/mailman/listinfo/racing_ausrace.com>> > > Subject: Excel problem - help requested > > > > > > > > 1533657143 -this is the ten run past form for Havasay (horse 6) in the > > Ramornie recently. Those numbers represent the horses performance in > > the class of race leading up to this run so may not accurately reflect > > its performance in real time - the runs are ranked against other > > runners in this race. This is a horizontal component > > > > > > > > 744723477272776777777777 is the comparison for all runners on their > > lead up race before the Ramornie - this is a vertical component. > > Havasay is the 6th horse in (the 3 here). > > > > > > > > The problem occurring more often now is that the vertical component is > > not ranking runners as 1 (1st here) - essentially the runner above > > Havasay should be ranked 1 - it shows a two. > > > > > > > > I am using the following to obtain the vertical component > > =SUMPRODUCT((U65>$L$60:$L$83)/COUNTIF($L$60:$L$83,$L$60:$L$83))+1. > > > > > > > > Could a excel savvy user review this and advise how to ensure the > > vertical rankings appear as they should, 1 out to 9 most often, > > although the poor form horses and the non-runners are shown as 7 in > > this example. > > > > > > > > It does apply the correct ranking most times, except if there is no > > 1st in the list it does not apply a first (a 1) to a runner. > > > > > > > > The array is 10 columns wide and 24 rows deep. > > > > > > > > Cheers > > > > > > > > Tony > > > ________________________________ > [AVG logo] > > > This email has been checked for viruses by AVG antivirus software. > www.avg.com > > > > -------------- next part -------------- > An HTML attachment was scrubbed... > URL: < > http://ausrace.com/pipermail/racing_ausrace.com/attachments/20180718/75a64521/attachment.html > > > > ------------------------------ > > Subject: Digest Footer > > _______________________________________________ > Racing mailing list > Racing at ausrace.com > http://ausrace.com/mailman/listinfo/racing_ausrace.com > > > ------------------------------ > > End of Racing Digest, Vol 19, Issue 2 > ************************************* > -------------- next part -------------- An HTML attachment was scrubbed... URL: From seanmac4321 at gmail.com Thu Jul 19 09:26:37 2018 From: seanmac4321 at gmail.com (sean mclaren) Date: Thu, 19 Jul 2018 09:26:37 +1000 Subject: [AusRace] Test Message-ID: -------------- next part -------------- An HTML attachment was scrubbed... URL: From robbie at robwaterhouse.com Thu Jul 19 11:12:00 2018 From: robbie at robwaterhouse.com (Rob Waterhouse) Date: Thu, 19 Jul 2018 11:12:00 +1000 Subject: [AusRace] NSW race prizemoney will increase In-Reply-To: <006201d41e4d$c23fc060$46bf4120$@ozemail.com.au> References: <006201d41e4d$c23fc060$46bf4120$@ozemail.com.au> Message-ID: <028c01d41efd$7f5c1f90$7e145eb0$@robwaterhouse.com> Easy, Len. Punters. From: Racing On Behalf Of L.B.Loveday Sent: Wednesday, 18 July 2018 2:14 PM To: 'AusRace Racing Discussion List' Subject: [AusRace] NSW race prizemoney will increase The Daily Telegraph reports that " NSW race prizemoney will increase to more than $260 million annually, with metropolitan, provincial and country racing the biggest winners from the substantial injection". Can someone tell me who were the smallest winners (or losers)? -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: image001.png Type: image/png Size: 27470 bytes Desc: not available URL: From lloveday at ozemail.com.au Thu Jul 19 13:40:12 2018 From: lloveday at ozemail.com.au (L.B.Loveday) Date: Thu, 19 Jul 2018 13:40:12 +1000 Subject: [AusRace] NSW race prizemoney will increase In-Reply-To: <028c01d41efd$7f5c1f90$7e145eb0$@robwaterhouse.com> References: <006201d41e4d$c23fc060$46bf4120$@ozemail.com.au> <028c01d41efd$7f5c1f90$7e145eb0$@robwaterhouse.com> Message-ID: <00c801d41f12$358d92d0$a0a8b870$@ozemail.com.au> Much better response than the female who also reckoned the answer to the same question was "easy" on the DT site - " Easy. The other two racing codes (remember them?). While the gallops are smugly congratulating themselves the trots and the dogs are woefully underfunded and are likely to remain that way. And just how much of this massive windfall has been allocated to animal welfare and rehoming programmes? Never mind that the article was about thoroughbreds and Racing NSW only. Racing should support Trots and Dogs in the same way that WA taxpayers support SA and Tas? From: Racing On Behalf Of Rob Waterhouse Sent: Thursday, 19 July 2018 11:12 AM To: 'AusRace Racing Discussion List' Subject: Re: [AusRace] NSW race prizemoney will increase Easy, Len. Punters. From: Racing > On Behalf Of L.B.Loveday Sent: Wednesday, 18 July 2018 2:14 PM To: 'AusRace Racing Discussion List' > Subject: [AusRace] NSW race prizemoney will increase The Daily Telegraph reports that " NSW race prizemoney will increase to more than $260 million annually, with metropolitan, provincial and country racing the biggest winners from the substantial injection". Can someone tell me who were the smallest winners (or losers)? -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: image001.png Type: image/png Size: 27470 bytes Desc: not available URL: From lloveday at ozemail.com.au Thu Jul 19 14:04:45 2018 From: lloveday at ozemail.com.au (L.B.Loveday) Date: Thu, 19 Jul 2018 14:04:45 +1000 Subject: [AusRace] This does not look helpful to punters In-Reply-To: References: <006f01d40ac2$40be3f10$c23abd30$@ozemail.com.au> Message-ID: <00ce01d41f15$a4152350$ec3f69f0$@ozemail.com.au> Greg, I'd not taken much notice of TopBetta prior to my knowing they were to take over DO, but have since. TopBetta are by far the weakest of the 10 bookmakers I examined by a number of sensible criteria: %age of times they have top final price, win or place, unique or equal - bottom in all 4. Ditto with early prices (when they have them up, see below) But the strongest indication of their weakness is that in the vast majority of non-Metro races they take their prices down before MBL time and wait to see what happens to the others' prices before re-opening. I don't know what the current arrangements are, but a number of errors have occurred with DO's functionality recently. LBL From: Greg Conroy Sent: Saturday, 23 June 2018 5:42 PM To: Ausrace Racing Cc: Len B Loveday Subject: Re: [AusRace] This does not look helpful to punters Hi Len, TB have sold their retail side so they aren?t going to be an operator in the sense you refer to. They will be a B2B systems supplier. Understand your concern, many have said the same to me, but from my point of view there does need to be a major separation of that data regardless. Greg. On 23 Jun 2018, at 5:17 pm, L.B.Loveday > wrote: TopBetta are direct competitors with the other bookmakers also offering their wares on Dynamic Odds. With TopBetta running DO, they will have access to the bets placed with other bookmakers - from whom, how much, accepted?, rejected?, partially accepted?, the effect of the bets on the prices offered, which punters to immediately restrict if they try to open a TopBetta account?. I think the operation is heading for trouble. From: L.B.Loveday < lloveday at ozemail.com.au> Sent: Wednesday, 20 June 2018 1:25 PM To: 'AusRace Racing Discussion List' < racing at ausrace.com> Subject: This does not look helpful to punters "TBH continues to execute on its wholesale business strategy with a range of initiatives" Expands Wholesale Offering by Acquiring 100% of World-Class Data Feed Company Sydney, June 14, 2018 AEST (ABN Newswire) - TopBetta Holdings Limited ( ASX:TBH) ("TBH" or the "Company") is pleased to announce that it has entered into a binding, conditional heads of agreement ("Heads of Agreement") to acquire 100% of the shares in data and betting tools company, DynamicOdds Pty Ltd ("DynamicOdds"), and its associated licensing brands ("Assets") ( www.dynamicodds.com.au) ("Acquisition"). The DynamicOdds brand is a provider of wagering data in Australia and currently supplies data feeds to (and delivers data on behalf of) Australia's Principal Racing Authorities as well as a number of Australia's licensed bookmakers and sophisticated punters. The data feeds provided by DynamicOdds are a key component for bookmakers both online and on-track in their fixed odds pricing models. Highlights - TBH enters into a conditional, binding Heads of Agreement to acquire data and betting tools provider, DynamicOdds.com.au - DynamicOdds provides live data solutions to Australia's Principal Racing Authorities - DynamicOdds provides the tools for bookmakers to power their fixed odds products - DynamicOdds acquisition to progress and consolidate TBH's wholesale strategy - TopBetta and MadBookie sale update - Red Leaf Securities appointed as Corporate Advisor TopBetta's CEO, Todd Buckingham commented: "DynamicOdds has developed a reputation as a respected provider of data and betting tools within the Australian racing industry and is a perfect fit for the TBH wholesale business model. "We're excited about the opportunity to continue to develop and enhance the current technology stack that helps punters make bets, and bookmakers take bets. At the same time, we also see a huge opportunity to expand the business into other verticals via partnerships with sporting and racing bodies globally. This acquisition is the perfect complementary business to continue with our Company's growth." DynamicOdds CTO Karl Begg and CEO David Begg commented: "DynamicOdds was established in 2006 as a platform for both punters and industry professionals to analyse and monitor the betting markets for the Australian racing codes. "Since its inception, DynamicOdds has established itself as an integral part of the Australian wagering landscape at both retail and commercial levels. "In August 2016, Racing Victoria commissioned DynamicOdds to provide an 'official price' for Victorian thoroughbred racing. DynamicOdds not only supplies the systems to produce and manage the official price, but also the infrastructure to display the price via on-course display networks. The official price service was quickly adopted by all other state thoroughbred racing authorities and implemented by second quarter 2017. "Combining both the experience and expertise of DynamicOdds, TBH and its subsidiaries, will ensure continued growth as we explore all opportunities within racing and sports markets domestically and into the UK and US markets." Key terms of the Heads of Agreement TBH has agreed to purchase 100% of the shares in DynamicOdds ("DO Shares"), and the associated licensing brands ("Assets") owned by C.D.K Software Limited (CDK), on the following key terms: 1. on completion of the Acquisition ("Completion"), TBH must issue to Dynamic IT Group Pty Ltd (or its nominee) 10m unquoted options over TBH shares, exercisable at $0.20 per option within 2 years from the date of issue. These Options will be issued under the Company's 15% placement capacity under ASX Listing Rule 7.1; 2. is conditional on the satisfaction or waiver of the following conditions precedent ("CPs"): a. TBH carrying out and completing due diligence in respect of DynamicOdds and the Assets and being satisfied in its sole discretion as to results of the due diligence; b. to the extent such approvals are required, TBH shareholders resolving to approve the Acquisition contemplated under this HOA, including any capital raising TBH considers necessary to complete the Acquisition; and c. negotiation and execution of final documentation required to give effect to the transactions contemplated under the Heads of Agreement, including without limitation, a share and asset sale agreement and a services agreement for the provision of management and related services by the shareholders of DynamicOdds ("DO Shareholders"); 3. on Completion, TBH must pay: a. $1.5m in cash to the DO Shareholders in consideration for the acquisition of the DO Shares; and b. $1m in cash to CDK in consideration for the acquisition of the Assets; 4. Within 12 months after Completion, TBH must: a. pay to CDK $7.5m in cash; or b. issue shares in TBH ("TBH Shares") to the value of $7.5m ("CDK Balance"). If TBH elects to settle the CDK Balance by issuing TBH Shares, CDK may require TBH to pay up to $5.5m of the CDK Balance in cash, with the remainder satisfied by way of issue of TBH Shares. There is currently no agreement to issue TBH Shares to CDK or the DO Shareholders; 5. If TBH fails to discharge the CDK Balance within 12 months of Completion, TBH must transfer the DO Shares and the Assets back to the DO Shareholders and CDK (respectively) and shall not be entitled to any refund of the amounts paid in respect of DO Shares and the Assets to date; 6. If TBH wishes to sell the DO Shares or the Assets before it discharges the CDK Balance, TBH must first offer those assets for sale to the DO Shareholders and CDK (respectively) and, in any event, TBH cannot transfer the DO Shares or the Assets before it discharges the CDK Balance in full; and 7. The Heads of Agreement shall terminate on 31 July 2018 or upon the prior insolvency of either party. About DynamicOdds DynamicOdds provide a range of free and premium betting related services for punters, racing authorities and bookmakers. The DynamicOdds odds comparison Premium application is used by punters and bookmakers alike in Australia and consumes a range of data sources that include; fixed odds pricing, tote and exchange prices, race day control information, form, statistics and an extensive runner pricing database. The application allows punters and bookmakers to place bets with other integrated licensed bookmakers from the one interface. A free version of the site also exists that includes price comparisons for both racing and sports betting. DynamicOdds also powers and provides the official starting price ("SP") for racing authorities such as Racing Victoria and Racing NSW and Racing Queensland. Earn-Out payment for Mad Bookie acquisition Further to the announcement dated 13 April 2017 ("MB Announcement"), the Company and Mad Bookie Pty Ltd ("Mad Bookie") have finalized the Purchase Price (as defined in the MB Announcement) payable by the Company for the acquisition of the assets of Mad Bookie ("MB Assets"). It has been determined that the Purchase Price for the MB Assets is $1,155,700, however, $150,000 in payments have already been made towards the Purchase Price. In accordance with the terms of the agreement to acquire the MB Assets, the Company is required to pay the balance of $1,005,700 in cash, or a combination of cash and scrip, on or before June 29, 2018. TopBetta Pty Ltd and Mad Bookie sale update As announced to the market on the 18th April 2018 ("PlayUp Announcement"), TBH intends to the sell the TopBetta and Mad Bookie B2C businesses to blockchain enabled global fantasy sports and online sports betting company, PlayUp Limited ("PlayUp"). Subject to shareholder approval at the Company's General Meeting called for the 18th June 2018 and the satisfaction or waiver of other conditions precedent, TBH will receive $6M (plus GST if applicable) ("Sale") as well as earning a 20% revenue share from both the TopBetta and Mad Bookie brands for a 24 month period under associated software licence and services agreements ("Licensing and Services Agreements"). Further to the announcement released on 4 June 2018, the Company advises that the ASX has not granted the waiver of ASX Listing Rule 11.4 in relation to the Sale and, accordingly, the Company will be seeking shareholder approval of Resolution 1 (amongst others) at the General Meeting to be held on 18 June 2018 ("General Meeting"). Further details are set out in the Notice of General Meeting dated 15 May 2018. Should shareholders approve Resolution 1 at the General Meeting, PlayUp will be required to pay the $3m deposit to TBH by 25th June 2018. The deposit will be only be refundable if TBH does not satisfy or waive each of the conditions precedent (as detailed in the PlayUp Announcement) on or before 31 July 2018. The Licensing and Services Agreements are in the final stages of negotiation and, accordingly, it is expected that all conditions precedent will be satisfied or waived on or around 18th June 2018 (subject to shareholder approval under ASX Listing Rule 11.4 at the General Meeting) and, accordingly, completion is expected to occur, and the final additional payment of $3m will be due and payable to TBH, on or around 25 June 2018. Corporate Advisor Appointed Sydney-based stockbroking firm Red Leaf Securities Pty Ltd ("Red Leaf") has been appointed as Corporate Advisor to assist the Company as it focusses on executing its wholesale business strategy. Red Leaf is a boutique broker that invests on behalf of high net worth clients and fund managers. The brokerage firm specialises in Australian equities, with a focus on undervalued small cap companies, and corporate transactions. Red Leaf shall receive a payment of $10,000/month for the duration of the 12-month term of the engagement ("Term"). The Term may be terminated by TBH by giving 2 weeks' notice. Within 15 business days after Red Leaf first provides its services to TBH, TBH must issue to Red Leaf 2.5M unquoted options, expiring on 7 June 2020 ("Options") on the following terms: 1. 500,000 Options will be exercisable at $0.20 without any vesting conditions; 2. 500,000 options will be exercisable at $0.30 and will vest on 7 September 2018 subject to Red Leaf continuing to be engaged by TBH at that date; 3. 500,000 options will be exercisable at $0.40 and will vest on 7 December 2018 subject to Red Leaf continuing to be engaged by TBH at that date; 4. 500,000 options will be exercisable at $0.50 and will vest on 7 March 2019 subject to Red Leaf continuing to be engaged by TBH at that date; and 5. 500,000 options will be exercisable at $0.60 and will vest on 7 June 2019 subject to Red Leaf continuing to be engaged by TBH at that date. These Options will be issued under the Company's 15% placement capacity under ASX Listing Rule 7.1. About Topbetta Holdings Ltd TopBetta Holdings Limited ( ASX:TBH) is an ASX-listed holding company and a global provider of online wagering products and services to both wholesale and retail markets through its various wholly owned subsidiaries. TopBetta Pty Ltd operates a retail wagering business, offering consumers wagering, fantasy tournament and content products and services. Global Tote Australia Pty Ltd conducts TBH's Wholesale Business, which includes operating and licensing its wholesale tote product which enables licensed wagering operators, including corporate bookmakers and tote operators from all over the world, to participate in global pools. The Wholesale Business is conducted under a B2B licence granted by the UK Gambling Commission to Global Tote Limited, a company incorporated in Alderney, UK. *********************** ASX:TBH is 10c at present, has been 50c in the past year. The exercise price on these options are in expectation of very aggressive price increases over a short time frame, especially for Red Leaf the broker for the deal 1. on completion of the Acquisition ("Completion"), TBH must issue to Dynamic IT Group Pty Ltd (or its nominee) 10m unquoted options over TBH shares, exercisable at $0.20 per option within 2 years from the date of issue. These Options will be issued under the Company's 15% placement capacity under ASX Listing Rule 7.1; Red Leaf shall receive a payment of $10,000/month for the duration of the 12-month term of the engagement ("Term"). The Term may be terminated by TBH by giving 2 weeks' notice. Within 15 business days after Red Leaf first provides its services to TBH, TBH must issue to Red Leaf 2.5M unquoted options, expiring on 7 June 2020 ("Options") on the following terms: 1. 500,000 Options will be exercisable at $0.20 without any vesting conditions; 2. 500,000 options will be exercisable at $0.30 and will vest on 7 September 2018 subject to Red Leaf continuing to be engaged by TBH at that date; 3. 500,000 options will be exercisable at $0.40 and will vest on 7 December 2018 subject to Red Leaf continuing to be engaged by TBH at that date; 4. 500,000 options will be exercisable at $0.50 and will vest on 7 March 2019 subject to Red Leaf continuing to be engaged by TBH at that date; and 5. 500,000 options will be exercisable at $0.60 and will vest on 7 June 2019 subject to Red Leaf continuing to be engaged by TBH at that date. These Options will be issued under the Company's 15% placement capacity under ASX Listing Rule 7.1. _______________________________________________ Racing mailing list Racing at ausrace.com http://ausrace.com/mailman/listinfo/racing_ausrace.com Greg Conroy, Inventor of Award Winning and Free: www.rewardbet.com ? more: https://about.rewardbet.com/ -------------- next part -------------- An HTML attachment was scrubbed... URL: From lloveday at ozemail.com.au Fri Jul 27 12:22:39 2018 From: lloveday at ozemail.com.au (L.B.Loveday) Date: Fri, 27 Jul 2018 12:22:39 +1000 Subject: [AusRace] Tatts joins the bottom-feeders Message-ID: <002d01d42550$b43e9a40$1cbbcec0$@ozemail.com.au> Ok, it was 8:30am, pre-MBL o'clock, but Tatts have always bet to MBL or slightly better in the past: Restricted to $30/$80 @ 13.0/3.85 and $45 @ 6.00 place; in fit of pique, did not take them. Oh well, I will still buy lottery/lotto tickets from them; as Don Scott said: "Where else can you win $1m for $1", (or with inflation, $50m x 2 next week!) -------------- next part -------------- An HTML attachment was scrubbed... URL: From seanmac4321 at gmail.com Fri Jul 27 15:51:37 2018 From: seanmac4321 at gmail.com (sean mclaren) Date: Fri, 27 Jul 2018 15:51:37 +1000 Subject: [AusRace] Tatts joins the bottom-feeders In-Reply-To: <002d01d42550$b43e9a40$1cbbcec0$@ozemail.com.au> References: <002d01d42550$b43e9a40$1cbbcec0$@ozemail.com.au> Message-ID: Hello Len I am correct in saying that the devil is in the detail with the exotics.?There is usually hidden limits. So buyer beware. cheers Sean On Fri, 27 Jul 2018 12:23 L.B.Loveday, wrote: > Ok, it was 8:30am, pre-MBL o'clock, but Tatts have always bet to MBL or > slightly better in the past: > > > > Restricted to $30/$80 @ 13.0/3.85 and $45 @ 6.00 place; in fit of pique, > did not take them. > > > > Oh well, I will still buy lottery/lotto tickets from them; as Don Scott > said: "Where else can you win $1m for $1", (or with inflation, $50m x 2 > next week!) > > > _______________________________________________ > Racing mailing list > Racing at ausrace.com > http://ausrace.com/mailman/listinfo/racing_ausrace.com > -------------- next part -------------- An HTML attachment was scrubbed... URL: From lloveday at ozemail.com.au Fri Jul 27 16:45:23 2018 From: lloveday at ozemail.com.au (L.B.Loveday) Date: Fri, 27 Jul 2018 16:45:23 +1000 Subject: [AusRace] Tatts joins the bottom-feeders In-Reply-To: References: <002d01d42550$b43e9a40$1cbbcec0$@ozemail.com.au> Message-ID: <008101d42575$693b43c0$3bb1cb40$@ozemail.com.au> No. Tatts does not compete with itself - all exotics go into the pari-mutuel pools, so they don't care how much you bet, and your payout is limited only by the pool and amount of winning "tickets". Unless something has happened that I don't know about. From: Racing On Behalf Of sean mclaren Sent: Friday, 27 July 2018 3:52 PM To: AusRace Racing Discussion List Subject: Re: [AusRace] Tatts joins the bottom-feeders Hello Len I am correct in saying that the devil is in the detail with the exotics.?There is usually hidden limits. So buyer beware. cheers Sean On Fri, 27 Jul 2018 12:23 L.B.Loveday, > wrote: Ok, it was 8:30am, pre-MBL o'clock, but Tatts have always bet to MBL or slightly better in the past: Restricted to $30/$80 @ 13.0/3.85 and $45 @ 6.00 place; in fit of pique, did not take them. Oh well, I will still buy lottery/lotto tickets from them; as Don Scott said: "Where else can you win $1m for $1", (or with inflation, $50m x 2 next week!) _______________________________________________ Racing mailing list Racing at ausrace.com http://ausrace.com/mailman/listinfo/racing_ausrace.com -------------- next part -------------- An HTML attachment was scrubbed... URL: From seanmac4321 at gmail.com Fri Jul 27 16:56:39 2018 From: seanmac4321 at gmail.com (sean mclaren) Date: Fri, 27 Jul 2018 16:56:39 +1000 Subject: [AusRace] Tatts joins the bottom-feeders In-Reply-To: <008101d42575$693b43c0$3bb1cb40$@ozemail.com.au> References: <002d01d42550$b43e9a40$1cbbcec0$@ozemail.com.au> <008101d42575$693b43c0$3bb1cb40$@ozemail.com.au> Message-ID: Sorry Len.... Was referring to Corporates. Tah On Fri, 27 Jul 2018 16:46 L.B.Loveday, wrote: > No. Tatts does not compete with itself - all exotics go into the > pari-mutuel pools, so they don't care how much you bet, and your payout is > limited only by the pool and amount of winning "tickets". Unless something > has happened that I don't know about. > > > > *From:* Racing *On Behalf Of *sean mclaren > *Sent:* Friday, 27 July 2018 3:52 PM > *To:* AusRace Racing Discussion List > *Subject:* Re: [AusRace] Tatts joins the bottom-feeders > > > > Hello Len > > I am correct in saying that the devil is in the detail with the > exotics.?There is usually hidden limits. > > So buyer beware. > > cheers Sean > > > > On Fri, 27 Jul 2018 12:23 L.B.Loveday, wrote: > > Ok, it was 8:30am, pre-MBL o'clock, but Tatts have always bet to MBL or > slightly better in the past: > > > > Restricted to $30/$80 @ 13.0/3.85 and $45 @ 6.00 place; in fit of pique, > did not take them. > > > > Oh well, I will still buy lottery/lotto tickets from them; as Don Scott > said: "Where else can you win $1m for $1", (or with inflation, $50m x 2 > next week!) > > > > _______________________________________________ > Racing mailing list > Racing at ausrace.com > http://ausrace.com/mailman/listinfo/racing_ausrace.com > > _______________________________________________ > Racing mailing list > Racing at ausrace.com > http://ausrace.com/mailman/listinfo/racing_ausrace.com > -------------- next part -------------- An HTML attachment was scrubbed... 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