Favorites tote prices.

[the galah]

these days theres absolutely no point in backing on the tote if you see a top 2 favorite horse paying 50 cents or more on the tote in the minute or two before tote close.

Just face reality and realise the tote odds virtually every time will end up reflecting,within 50cents the win dividends for the ff.

It happens in every race.

today the only 2 favorites in the first 8 races,not to be end up similar to the tote,were a couple of roughies backed in who ended up on ff paying a couple of $ more at the end.I guess the bookies didn't need to put that much on those couple to still make them a winning result for them.

Obviousuly the tab have a system where they off load some of their ff hold into the tote pools,after the race starts so as to limit any potential losses,(potentially even making them winning results).

If you think about it,if you happen to select a win mover who has dropped into first or second favorite,don't realistically waste your mioney and have a bet. Because in the long run you will only lose as at the closing tote or ff odds,you will not be getting realistic value for the horses chances.

In a way ,by the tab doing that,they really are just snuffing out a lot of punter participation in their tote pools.

And if you are actually backing a roughie that hasn't had any ff support near tote close,your best to wait until the last couple of minutes as thats when the bookies will push out the odds.

so the moral of the story is its easy to see why tote pools and punter participation will continue to decline . 

Edited August 29 by the galah

[Chief Stipe]

6 minutes ago, the galah said:

Obviousuly the tab have a system where they off load some of their ff hold into the tote pools,after the race starts so as to limit any potential losses,(potentially even making them winning results).

They've been doing it for years.  One of my bug bears.  I can't remember the last time I bet on the tote.  Got sick of seeing the price change 600m into the race!  There is no excuse for not having real time price updates.