<html><head><meta http-equiv="Content-Type" content="text/html; charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class="">G’day Len,<div class=""><br class=""></div><div class="">Yes, hope you’re going well.</div><div class=""><br class=""></div><div class="">Many of our ‘mates’ from the Randwick Auditorium days are now out of the picture, of course, Mark Ry… quite a few years ago and most recently, Craig Nug… left Tabcorp.</div><div class=""><br class=""></div><div class="">I’ll pass your comment back to my source, he’s meticulous, but I think it is because he’s run 49 different selection methods across that dataset.</div><div class=""><br class=""></div><div class="">So there may be 80,000 races (or whatever) and he has looked at the results from one method, eg ‘Top rated from ratings, with next 3 rated’ and run it across RewardBet’s brain for those 80,000 races (or whatever).</div><div class=""><br class=""></div><div class="">Then he’s looked at taking top 2 for 1st, next 2. Or Favourite for 1st with three random weighted selections for places, etc. But I will confirm.</div><div class=""><br class=""></div><div class="">He’s tried to play it as many possible ways as he can - he subscribes and has access to most of the major ratings (eg: R2Win, etc) and I know his data is on the edge of what the best do.</div><div class=""><br class=""></div><div class="">Nonetheless, what I found very interesting was we ran the same analysis on 35,000 races a few years ago and, like you, I’m aware that things change in the TAB Ecosystem. </div><div class=""><br class=""></div><div class="">But it appears that as much as things change, other things stay the same, as the results are as good, if not better, that those previous results.</div><div class=""><br class=""></div><div class="">The other interesting thing is that most corporates have changed their bet-back exotics methodology since then and whereas many of them used to bet-back to get the rebate, now they are holding onto the bets so the dividends are theoretically better (if the smarter punters are betting exotics with corporates, like RB customers do).</div><div class=""><br class=""></div><div class="">The additional return from just WIN betting was also very surprising. It looks like the average advantage has pushed up a bit more over that period (of betting proportionately across WIN) which again may be a combination of bookie bet-back policy (with the many tote derivative products) and data getting better (so more people are betting at the sharper end of the market, where the proportional advantage is higher) so that less outsiders are getting up (ie: the market is better informed).</div><div class=""><br class=""></div><div class="">Best, Greg<br class=""><div><br class=""><blockquote type="cite" class=""><div class="">On 25 Feb 2018, at 7:47 am, L.B.Loveday <<a href="mailto:lloveday@ozemail.com.au" class="">lloveday@ozemail.com.au</a>> wrote:</div><br class="Apple-interchange-newline"><div class=""><div class="WordSection1" style="page: WordSection1; font-family: Verdana; font-size: 15px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">"..</span><span class="Apple-converted-space"> </span><i class="">you can’t argue with the sample size</i>"<o:p class=""></o:p></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class=""><o:p class=""> </o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">Good day Greg; long time.<o:p class=""></o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class=""><o:p class=""> </o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">I don't know his data base, so I can't argue with his sample size, but I can question the relevancy.<o:p class=""></o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class=""><o:p class=""> </o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">450k Australian Galloping races takes us back to 1995, maybe even further back as you only considered races on which TAB bet and they don't bet on all races - an extreme example, TAB bet on 14 race meetings on 7/11/2017 out of 43 meetings that day (of course they had fewer races than Flem, Rand …).<o:p class=""></o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class=""><o:p class=""> </o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">But going back 23 years weights TAB analyses towards the good old days before TAB increased the take-outs (eg Trifecta 16% to 21%). The expansion of on-line betting, mobile apps, overseas syndicates, better information, faster computers, faster communications, rebates to big punters…. are factors that make, to my mind such outdated data fairly irrelevant. Then there is the 20% drop in TAB turnover in just the last 2 years.<o:p class=""></o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class=""><o:p class=""> </o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">PAUSE -<span class="Apple-converted-space"> </span><o:p class=""></o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">I thought I'd better look at<span class="Apple-converted-space"> </span></span><a href="https://about.rewardbet.com/better-returns/" style="color: purple; text-decoration: underline;" class="">https://about.rewardbet.com/better-returns/</a>, before posting and I read there that the analysis was of 456,828 races from 2007-2018.<o:p class=""></o:p></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">I did not read further, because, Greg, there were nowhere near<span class="Apple-converted-space"> </span><b class=""><i class="">"</i></b></span><b class=""><i class="">Around 450,000 Aus galloping races"</i></b><span class="Apple-converted-space"> </span>let alone that many with TAB betting between 2007-2018, so now I<span class="Apple-converted-space"> </span><b class="">WILL</b><span class="Apple-converted-space"> </span>"<i class="">argue with the sample size</i>".<o:p class=""></o:p></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class=""><o:p class=""> </o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">Cheers<span class="Apple-converted-space"> </span><o:p class=""></o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class=""><o:p class=""> </o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class="">LBL<o:p class=""></o:p></span></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="" class=""><o:p class=""> </o:p></span></div><div class=""><div style="border-style: solid none none; border-top-width: 1pt; border-top-color: rgb(225, 225, 225); padding: 3pt 0cm 0cm;" class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><b class=""><span lang="EN-US" class="">From:</span></b><span lang="EN-US" class=""><span class="Apple-converted-space"> </span>Racing [<a href="mailto:racing-bounces@ausrace.com" style="color: purple; text-decoration: underline;" class="">mailto:racing-bounces@ausrace.com</a>]<span class="Apple-converted-space"> </span><b class="">On Behalf Of<span class="Apple-converted-space"> </span></b>Greg Conroy<br class=""><b class="">Sent:</b><span class="Apple-converted-space"> </span>Saturday, 24 February 2018 12:01 AM<br class=""><b class="">To:</b><span class="Apple-converted-space"> </span>Ausrace Racing <<a href="mailto:racing@ausrace.com" style="color: purple; text-decoration: underline;" class="">racing@ausrace.com</a>><br class=""><b class="">Subject:</b><span class="Apple-converted-space"> </span>[AusRace] 450,000 Races Analysed .... the results<o:p class=""></o:p></span></div></div></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">Quiet list,<o:p class=""></o:p></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">REALLY enjoying the historical anecdotes and stories though! Thanks Tony.<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">If this was a facebook page, I’m sure you’d have hundreds of likes! <o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">I wanted to share something with the #ausrace #intelligentsia<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">A professional punter I know, with one of Oz’s best databases, has analysed RewardBet’s staking across essentially EVERY method he can think of.<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">From single win bets to a myriad of ratings and other ways to bet (pyramid 2 x 4 x 5) etc.<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">Around 450,000 Aus galloping races.<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">I present you the results: <a href="https://about.rewardbet.com/better-returns/" style="color: purple; text-decoration: underline;" class="">https://about.rewardbet.com/better-returns/</a><o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">I’m sure this will bring up a flurry of “staking” related comments but you can’t argue with the sample size.<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">AND it’s ONLY based on NSW TAB dividends :-)<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">Finally, we’ve now been GRANTED a PATENT in EIGHT countries for our method (including AUS, as you’d know).<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">If I wanted punters to be more engaged with my operation (whether tote or bookie or virtual, etc) then I know how I’d do it …. provide a faster, smarter betting experience that is proven to #winmore.<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">Cheers, Greg.<o:p class=""></o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div><div class=""><div style="margin: 0cm 0cm 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div></div></div><span style="font-family: Verdana; font-size: 15px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;" class="">_______________________________________________</span><br style="font-family: Verdana; font-size: 15px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;" class=""><span style="font-family: Verdana; font-size: 15px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: inline !important;" class="">Racing mailing list</span><br style="font-family: Verdana; font-size: 15px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;" class=""><a href="mailto:Racing@ausrace.com" style="color: purple; text-decoration: underline; font-family: Verdana; font-size: 15px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px;" class="">Racing@ausrace.com</a><br style="font-family: Verdana; font-size: 15px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;" class=""><a href="http://ausrace.com/mailman/listinfo/racing_ausrace.com" style="color: purple; text-decoration: underline; font-family: Verdana; font-size: 15px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px;" class="">http://ausrace.com/mailman/listinfo/racing_ausrace.com</a></div></blockquote></div><br class=""><div class="">
<div class=""><div class="">Greg Conroy, Inventor of Award Winning and Free:</div><div class=""><font class="Apple-style-span" color="#425af6"><font face="Calibri, sans-serif" class=""><a href="http://www.rewardbet.com" class="">www.rewardbet.com</a> … more: </font></font><a href="http://promo.rewardbet.com/" style="font-family: Calibri, sans-serif;" class="">http://promo.rewardbet.com/</a></div></div><div class=""><br class=""></div><br class="Apple-interchange-newline">
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