[AusRace] Deductions "Scam"

[L.B.Loveday]

Ken, 

 

Maybe these bets this morning will help the getting of your head around:

 

Scone 7/2     31/5.5

Scone 7/10   15/3.4

 

Do you think BF SP prices will be better?

 

By the way, do you think the BF SP prices are fairly determined? Not
influenced by ZR's or other's position? Not inflated on those with no, or
little, money bet to give a false impression?

 

As I write, declared BF SP markets for the last 12 races anywhere are:

 

97.1 

99.3

102.3

97.6

93.3

99.8

104.2

100.0

98.6

102.9

98.7

98.7

 

So, under 100% average, cf last available bet price markets of 102-108%. I
smell a rat.

 

 

Pub time for me.

 

 

LBL

 

 

From: Racing On Behalf Of Ken Blake
Sent: Sunday, 9 February 2020 10:15 AM
To: 'AusRace Racing Discussion List' <racing at ausrace.com>
Subject: Re: [AusRace] Deductions "Scam"

 

Len,

            Below Betfair place SP as opposed to New Place prices after
deductions race 2 Pinjarra

 

        Bookie   Betfair

 

1.	3.4       5.24
2.	3.4       4.19
3.	1.76     2.25
4.	SCR
5.	1.56     1.9
6.	2.4       2.14
7.	3.75     6.0

  

(commission not deducted) Only 1 inferior price

 

But as usual across the board BF prices far superior.

 

Still cannot get my head around why people bet with Corporate thieves.

 

Ken

 

 

 

From: Racing [mailto:racing-bounces at ausrace.com] On Behalf Of L.B.Loveday
Sent: Saturday, February 8, 2020 7:47 AM
To: 'AusRace Racing Discussion List' <racing at ausrace.com
<mailto:racing at ausrace.com> >
Subject: [AusRace] Deductions "Scam"

 

Pinjarra Race 2 today had #4 scratched when it was 1.80 the Win pretty well
across the board.

Both Sportsbetting and TopSport declared deductions of 37% for the Place.

Taking Sportsbetting's pre-scratching market, it's 246%, pretty typical.

 

BUT, after deducting 37%, it becomes 267%, highlighting the unfairness of
the deduction.

Sportsbetting then put up a new market, at 248%.

How would you feel if you'd put $435 on #5 at 1.92, saw it reduced to a
payout at 1.21 only to see the same bookmaker immediately offer 1.56?

 

	
Original

After 37%

New Place 


TAB

Place Price

Deduction

Price


1

5.90 

3.72 

3.40 


2

6.10 

3.84 

3.40 


3

2.55 

1.61 

1.76 


4

1.29 

		

5

1.92 

1.21 

1.56 


6

3.65 

2.30 

2.40 


7

6.10 

3.84 

3.75 

				
	
246%

267%

248%

 

 

LBL

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