[AusRace] Deductions "Scam"

Sat Feb 15 13:28:58 AEDT 2020

I don't get it - does BF throttle you back to $5 max? -  the MBL ensures
that can't happen in general with Fixed Price Bookmakers. B365 won't bet
even $5 on WA or NT, but rigidly stick to MBL, as do the others as far as I
know.

A plug for Sportbet - they bet MBL 24/7 all states, and have a minimum bet
of $25, so you can get $25 for the win at 501.0, whereas B365 and others
will only accept $2 Provincial, or $4 Metro.

There is all-but no business done on BF before 9am anyway.

32 Minutes to Randwick race 4, and there is $200 "Matched" [sic] place and
you can get set for $224 on the Fav @ 1.23!  And for the win, you can bet
all of $258 @ 2.00 (both less 10% commission). 

From: Racing On Behalf Of Ken Blake
Sent: Saturday, 15 February 2020 11:11 AM
To: 'AusRace Racing Discussion List' <racing at ausrace.com>
Subject: Re: [AusRace] Deductions "Scam"

Len,

         The point is, and you should know better than anyone, you can say
I'm getting better prices than Betfair, but if you are throttled back to $5
max bet then the whole exercise becomes futile.

Ken

From: Racing [mailto:racing-bounces at ausrace.com] On Behalf Of L.B.Loveday
Sent: Friday, February 14, 2020 10:30 AM
To: 'AusRace Racing Discussion List' <racing at ausrace.com
<mailto:racing at ausrace.com> >
Subject: Re: [AusRace] Deductions "Scam"

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
<mailto: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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