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Entain down about $20m in two days!


Chief Stipe

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New Zealand punter wins $10 million in TAB competition on The Everest
i.stuff.co.nz

An astute New Zealand punter is $10 million richer after pulling off the remarkable feat of correctly predicting the finishing order of the 12 horses in The Everest race in Sydney on Saturday.

A TAB promotion on the richest race in Australia gave customers the free opportunity to submit one entry on where all 12 horses would finish in the race at Randwick.

New Zealand horse I Wish I Win finished second behind Think About It, which suited the punter from Auckland just fine – as did all the other selections he made, after discovering the competition when placing a bet on the Rugby World Cup.

“I’m absolutely blown away,” the winner said.

“I saw the promotion on the TAB site and thought I’d give it a crack. I didn’t put too much thought into my picks and just dropped the runners where I thought it could go.

“I honestly could not believe I’d won it. I actually thought it was a hoax when they first rang me – I called the TAB back, and it took quite a lot of convincing before it sank in.

 
 

“To have pulled it off, winning $10 million in a free-to-play competition, is truly incredible for my family and I.”

The finishing order of The Everest:

1 – Think About It

2 – I Wish I Win

3 – Private Eye

4 – In Secret

5 - Cylinder

6 – Hawaii Five Oh

7 – Espiona

8 – Buenos Noches

9 – Shinzo

10 – Overpass

11 – Mazu

12 – Alcohol Free

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4 minutes ago, holy ravioli said:

It would be commercial suicide not to insure for a promo like this.

You put up the chances of getting the right combo...quite astronomical.

The premium may have been 50-100k(guess)...but no insurance coy would go around again if it was indeed struck.

The 469 million combinations were based on numbers 1 to 12 having an equal chance.  As you know from your in-depth punting analysis the odds could have been significantly reduced.  Think About It! 

So commercial suicide for Entain - a multi-billion dollar company yet not commercial suicide for an insurance company?  The latter would have laid off against other brokers....possibly and following good socialist practices which you would approve of everyone who has insurance would pay!

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2 hours ago, Chief Stipe said:

The 469 million combinations were based on numbers 1 to 12 having an equal chance.  As you know from your in-depth punting analysis the odds could have been significantly reduced.  Think About It! 

So commercial suicide for Entain - a multi-billion dollar company yet not commercial suicide for an insurance company?  The latter would have laid off against other brokers....possibly and following good socialist practices which you would approve of everyone who has insurance would pay!

So do you  believe it was- a)struck

                                         b)insured.

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59 minutes ago, holy ravioli said:

So do you  believe it was- a)struck

                                         b)insured.

Obviously it was "struck" although selected would be a more accurate description as it involves some skill.

As for the insurance I don't know one way or another.  The premium would have been very high.  

It would be interesting to know what Entain spent on marketing all up and what the return was on investment.

 

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469 million combinations...and each free entry gets one crack at 12 in the correct order.

Insurance premiums are calculated on risk %'s...how many would enter ?

Lotto powerball goes for months without being struck .....I don't think this was struck/selected at all.

'

“I honestly could not believe I’d won it. I actually thought it was a hoax when they first rang me I called the TAB back, and it took quite a lot of convincing before it sank in.'-this stinks...I entered online,no phone number required.

'To have pulled it off, winning $10 million in a free-to-play competition, is truly incredible for my family and I.

Wow isn't that fantastic,the winner was a ...family man!

Ripley's...believe it or...not!

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23 minutes ago, holy ravioli said:

469 million combinations...and each free entry gets one crack at 12 in the correct order.

Sure there were that many possible combinations but not all numbers were equal like in LOTTO.  I'm sure you didn't put Think About It at number 12 in your selection.

27 minutes ago, holy ravioli said:

“I honestly could not believe I’d won it. I actually thought it was a hoax when they first rang me I called the TAB back, and it took quite a lot of convincing before it sank in.'-this stinks...I entered online,no phone number required.

'To have pulled it off, winning $10 million in a free-to-play competition, is truly incredible for my family and I.

Wow isn't that fantastic,the winner was a ...family man!

Ripley's...believe it or...not!

So you don't believe it happened?

You didn't have to put your phone number in but you had to have a TAB account which has a phone number attached to it.  Or was there another was of entering?

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19 minutes ago, Chief Stipe said:

Sure there were that many possible combinations but not all numbers were equal like in LOTTO.  I'm sure you didn't put Think About It at number 12 in your selection.

So you don't believe it happened?

You didn't have to put your phone number in but you had to have a TAB account which has a phone number attached to it.  Or was there another was of entering?

Phone betting has been virtually extinct for years.

Why do you need to produce a phone number betting online?

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34 minutes ago, holy ravioli said:

I expect the big majority of bettors still bet on computer...maybe I'm wrong.

How many times has the TAB called..you?

The majority of punters have a phone.  When you sign up to a TAB account they ask for a phone number - if you are signing up from a mobile app I'm pretty sure it is a mandatory field to fill in.  When you use a mobile app they can verify if the phone number you are using is linked to your account.  It is a way to collect information for a number of legitimate purposes that you agree to when you sign up.  I'm sure I wouldn't mind a call from them if I won $10m.  I look forward to the day that I score a series of $500k multis over a three day period.

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11 minutes ago, Chief Stipe said:

The majority of punters have a phone.  When you sign up to a TAB account they ask for a phone number - if you are signing up from a mobile app I'm pretty sure it is a mandatory field to fill in.  When you use a mobile app they can verify if the phone number you are using is linked to your account.  It is a way to collect information for a number of legitimate purposes that you agree to when you sign up.  I'm sure I wouldn't mind a call from them if I won $10m.  I look forward to the day that I score a series of $500k multis over a three day period.

So this was a new punter then...signed up on a phone and was 'plumb lucky'!

Love the msm to drill down on this...of course the 'family man' wants to remain anonymous😀...who is the main actor for Entain in NZ?

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12 minutes ago, holy ravioli said:

So this was a new punter then...signed up on a phone and was 'plumb lucky'!

Love the msm to drill down on this...of course the 'family man' wants to remain anonymous😀...who is the main actor for Entain in NZ?

Who cares?  I thought you couldn't care less as you bought into all the hype!!!

If you read the press release more carefully you would have read the winner was a sports better and went online to bet on the rugby and saw the promotion.  If he was like the amateur I was sitting with when they signed up an account to have a go he would have done a random selection, rearranged the order relative to the betting odds (which were displayed on the form) and then hit submit.  He got lucky on Hawaii Five Oh and Overpass.  I convinced the friend I was with that Think About It wouldn't get beaten, IWIW was the KIWI horse and told her the third horse.  She selected them in that order and then rearranged the other 9.  We are not sure what her picks were in the end because the email with her list of picks came back empty in the email.

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18 minutes ago, Chief Stipe said:

Who cares?  I thought you couldn't care less as you bought into all the hype!!!

If you read the press release more carefully you would have read the winner was a sports better and went online to bet on the rugby and saw the promotion.  If he was like the amateur I was sitting with when they signed up an account to have a go he would have done a random selection, rearranged the order relative to the betting odds (which were displayed on the form) and then hit submit.  He got lucky on Hawaii Five Oh and Overpass.  I convinced the friend I was with that Think About It wouldn't get beaten, IWIW was the KIWI horse and told her the third horse.  She selected them in that order and then rearranged the other 9.  We are not sure what her picks were in the end because the email with her list of picks came back empty in the email.

'winner was a sports better and went online to bet on the rugby and saw the promotion. '...so where does his phone number come into...it?

Trust Entain?-'Entain, the gambling firm behind Ladbrokes and Coral, could lose its license to operate in the UK after it was told to pay a record £17m settlement over its inaction as individual customers spent hundreds of thousands of pounds. The Gambling Commission highlighted multiple failings in Entain’s online and high street business,'

They don't think NZ is just a sleepy backwater where they can 'play' the game!

Made 6'o'clock news!Priceless publicity.

Absolute b/s...guaranteed.

 

' I convinced the friend I was with that Think About It wouldn't get beaten, '

Cool bananas !Put plenty on..did you?😜

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9 minutes ago, Chief Stipe said:

You're the one going on about it.  He got a call to say he had won.  So what?

Make up your mind.He was an online  sports bettor who stumbled on this promotion...and got lucky!🤪

Your breakdown that it was relatively easy to assess the runners apart from a couple after the race,for this novice punter who TAB rang to congratulate him....fails the ..'sniff' test.🆗

Entain are untrustworthy ,liars and bullshitters...they have form to confirm it.

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10 minutes ago, holy ravioli said:

Make up your mind.He was an online  sports bettor who stumbled on this promotion...and got lucky!🤪

What's your point?  Get modern download the app to your smart phone.  If you had you would have seen the pick 12 in order promotion.

10 minutes ago, holy ravioli said:

Your breakdown that it was relatively easy to assess the runners apart from a couple after the race,for this novice punter who TAB rang to congratulate him....fails the ..'sniff' test.🆗

FFS it wasn't easy to pick the 12 in order however I can see the method one would use to get close.  In that sort of field with lots of betting going on you'd expect the book to be fairly accurate.

10 minutes ago, holy ravioli said:

Entain are untrustworthy ,liars and bullshitters...they have form to confirm it.

What form?  Don't confuse incompetence or slack processes with fraud.

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