Jump to content
NOTICE TO BOAY'ers: Major Update Coming ×
Bit Of A Yarn

Potential Pure Punting Comp??


hesi

Recommended Posts

Further to what people like Mardigras, Barry, Curious, VC, FTF and any others have been talking about, I am trying to put together a comp, probably for March/April

Suggestions?

Format?

Duration?

Prize?

etc etc

Not over the top, like with 20-30 bets/ week, as someone has to run the thing

Unless of course unless somebody offers with better spreadsheet skills than me.  That should not be too hard, as I have none, don't even have Excel

I am upgrading and reskilling this year.  My youngest son, having just completed the first year of a Computer Science degree, helps:)

PS: Only posted on this section, as many don't regularly read the Comps section, but would be run in the Comps section.

No mulligans either N1MUExD

Edited by hesi
Link to comment
Share on other sites

  • hesi pinned this topic

A quick response now as away for the next few days.

Some ideas. A set starting bank.

A maximum bet size for any single event. Maybe a percentage of bank (say 10%) or other ideas.

Ability to put a bet up any time but must be posted on site clearly before official planned start time. Not after that, even if race is running late.

Bet allowed to be placed with any provider showing that odds defined are available through that provider (and if betfair being used, sufficient amount is available at price stated for bet).

To keep it interesting, minimum number of bets per week. Minimum spend per week. Open to ideas.

When placing bet, can state either closing fixed odds NZ TAB, closing tote odds NZ TAB or fixed odds from alternate provider, with simple image of odds from provider being claimed. I think there needs to be a rule around when the bet needs to be put up if quoting odds from another provider. 

Winner? Highest balance at end of comp? 

  • Like 1
  • Champ Post 1
Link to comment
Share on other sites

2 hours ago, hesi said:

Plenty of time

Mardigras has some  good ideas Hesi, but will be complicated for most that enter comps. Majority on here will only have nz tab account, so going to be at a huge disadvantage when they bet on winner at tab paying $10, while someone gets $20 from Aus operator. 

Unless of course this comp is for those that have several accounts, and are more serious punters, which would work. 

Just my opinion, i think it is a good idea to get the more serious punters going in a comp,

  • Like 2
Link to comment
Share on other sites

5 hours ago, mardigras said:

A quick response now as away for the next few days.

Some ideas. A set starting bank. Yep, say a grand

A maximum bet size for any single event. Maybe a percentage of bank (say 10%) or other ideas. Yep. But I'd say maybe 5% or for easier scoring 5% of starting bank. Trying to lessen the fluke/lottery factor.

Ability to put a bet up any time but must be posted on site clearly before official planned start time. Not after that, even if race is running late. Yep + see below.

Bet allowed to be placed with any provider showing that odds defined are available through that provider (and if betfair being used, sufficient amount is available at price stated for bet). Yep. You don't have to have accounts with other providers to see their odds Newmarket and make a hypothetical bet.

To keep it interesting, minimum number of bets per week. Minimum spend per week. Open to ideas. Yep, depending how long comp runs, maybe 10-20% starting bank? Also, maybe a max? To make it manageable for the scorer/s.

When placing bet, can state either closing fixed odds NZ TAB, closing tote odds NZ TAB or fixed odds from alternate provider, with simple image of odds from provider being claimed. I think there needs to be a rule around when the bet needs to be put up if quoting odds from another provider. Yep. On the latter, suggest that bets at FO need to be posted say within 30 minutes of the posted odds being available with a time stamped image?

Winner? Highest balance at end of comp? Yep.

Prize? Maybe ask the TAB to sponsor it!

Any jurisdiction? Limited to NZ racing?

Pretty much agree. Comments above.

Edited by curious
Link to comment
Share on other sites

Not too keen on limiting it to NZ racing prefer NZ and Australia as can’t even access the NZ Tab website

 

The NZ TAB is not accessible from your current location. For more information please contact our customer services team on helpdesk@tab.co.nz

 

  • Haha 1
Link to comment
Share on other sites

Curious, yes i understand you do not have to have overseas accounts to show bets in comp. 

But lets be realistic, how many are going to navigate other agencies sites  to gain best value just for this comp. Thats the reason i said many that use only nz tab odds will be hugely disadvantaged. 

Logistics of what has been suggested seems like a heap of work, so what are you going to have, hundreds of screenshots of odds from around australasia? 

I am not being negative, and i am keen to be involved, but it would be good to include everyone on a level playing field. 

  • Like 2
  • Champ Post 1
Link to comment
Share on other sites

I take your point Newmarket, but a big part of successful punting is getting the best price as Barryb has said on a number of occasions, so for the purpose of this type of comp, that is part of the skill being tested I think. It's a simple matter (a couple of clicks) to go somewhere like https://www.oddschecker.com/horse-racing/wolverhampton/19:45/winner and find the best price for any selection and decide if that amounts to value. The idea I think is in part to get away from comps where you have to bet hours before the race and have no clue at the time what the price you get in the comp will be. That's part of what makes those kind of comps a lottery rather than a test of skill to me.

  • Like 2
Link to comment
Share on other sites

17 minutes ago, curious said:

I take your point Newmarket, but a big part of successful punting is getting the best price as Barryb has said on a number of occasions, so for the purpose of this type of comp, that is part of the skill being tested I think. It's a simple matter (a couple of clicks) to go somewhere like https://www.oddschecker.com/horse-racing/wolverhampton/19:45/winner and find the best price for any selection and decide if that amounts to value. The idea I think is in part to get away from comps where you have to bet hours before the race and have no clue at the time what the price you get in the comp will be. That's part of what makes those kind of comps a lottery rather than a test of skill to me.

Yep, fair enough. 

Link to comment
Share on other sites

Sounds like a huge logistical exercise for whoever is running this. All well and good but I'm not that serious about this stuff so I'm out.

I do understand the appeal though. It just seems that the wider the parameters the more work it is for the bloke running it.

  • Like 3
Link to comment
Share on other sites

2 hours ago, VC! said:

Not too keen on limiting it to NZ racing prefer NZ and Australia as can’t even access the NZ Tab website

 

The NZ TAB is not accessible from your current location. For more information please contact our customer services team on helpdesk@tab.co.nz

 

There is a way of navigating around that VC. My son in Perth showed me how .

There may be some on here that have enough tech savvy to do the same.

The comp may end up for only those really serious and with enough time and money to spend . That may limit it to a small few, which is fine. 

I watch with interest the comments of Mardigras , Curious and co. 

  • Like 2
Link to comment
Share on other sites

Let's keep the input going for a while to see what materialises

Duration of the comp?

Would it just be for races on a Sat?

Would it be restricted to Aus/NZ?

Would there be a limitation on the number of bets per week?

A suggestion, that posters score their own entry each week and someone just tabulates the scores, as a way around any excessive admin

Your credibility as a poster is on the line if you deliberately tried to cheat, and someone is going to pick you up on it.  

 

Edited by hesi
Link to comment
Share on other sites

While some have said they would be disadvantaged by only going with NZ TAB FF prices, you could look at it as a challenge to take on those with a lot more sophistication in their modus operandi.

A thorough beating may cause those to review the way they bet etc etc

 

  • Like 1
Link to comment
Share on other sites

I can score it if necessary. If it's simply, 

Competitors provide date, meeting, race, runner# (name), odds or odds basis, amount.

No problems. Happy with NZ only but as VC suggests, Oz is a decent option.

From a scoring perspective, I'd be happy with any jurisdictions.

It can still be fun for those that just bet NZ TAB. It's similar to other comps except you choose the races and the amounts like doing your best bets etc in those comps.

 

  • Like 3
Link to comment
Share on other sites

2 hours ago, hesi said:

A suggestion, that posters score their own entry each week and someone just tabulates the scores, as a way around any excessive admin

Your credibility as a poster is on the line if you deliberately tried to cheat, and someone is going to pick you up on it.  

 

Can't see why that wouldn't work. Scorer would only have to do a verification of the apparent winner before declaring them then.

Link to comment
Share on other sites

2 hours ago, hesi said:

A suggestion, that posters score their own entry each week and someone just tabulates the scores, as a way around any excessive admin

Your credibility as a poster is on the line if you deliberately tried to cheat, and someone is going to pick you up on it.  

I think you've hit the nail on the head here Hesi.  To be a true test of ability to make a return, it needs to be free form and is very hard for one person to score (spreadsheet or no spreadsheet).  Particularly difficult for someone to score centrally if you allow lots of different betting agencies.

Honesty based self scoring with the knowledge that others are watching is the way to go.

I don't think you need to set a minimum number of bets - different people will have different methods and some may go for a period of time without finding a bet that they like.

I think you should run it over a reasonable period of time - a number of months, not weeks. 

  • Like 3
Link to comment
Share on other sites

Crucible, that would allow for those who say only have time to post bets on a Saturday to join in, along with others who may have a few every raceday in whatever jurisdiction. So, the comp more resembles real life betting activity for the different posters. Those that only use NZTAB can do so or they can experiment with using other operators hypothetically without opening accounts with them.

I'd suggest say a couple of months, say 1 March to April 30.

  • Like 1
Link to comment
Share on other sites

3 entrants all mouths, they can do they own scoring.  ;) 

It won't keep any of the three from bleating for 2 months, but at least they all be in their own little sandpit.

Tomo can be referee .. :) 

 

I have but two questions for these fantastic value pickers,

1:  Do you still have a mortgage ? 

2:  What type of car do you drive ?

Answer me those two questions honestly and I will decide how valuable your tips are !  ;)  

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...