Nowornever Posted Wednesday at 07:00 PM Posted Wednesday at 07:00 PM (edited) 2 minutes ago, Brodie said: Does anyone know where the Fixed odds are being set? Is it Kiwi Bookies or Ozzie Bookies? The TAB needs to come out and publicly explain what their betting policy is, as it is going to drive punters and wagering away! New Zealand but get cracking Brodie as they are not very good at it. I can see it being AI priced and AI traded in the future. Edited Wednesday at 07:00 PM by Nowornever Quote
Brodie Posted Wednesday at 08:26 PM Posted Wednesday at 08:26 PM 1 hour ago, Nowornever said: New Zealand but get cracking Brodie as they are not very good at it. I can see it being AI priced and AI traded in the future. I believe they open too many too short and that does not encourage wagering! Then when you want to wager, they dont let you on for much and then slash the odds too much to encourage others! They talk about wanting to increase turnover, but they dont!!! 1 Quote
Nowornever Posted Wednesday at 10:38 PM Posted Wednesday at 10:38 PM Well the bookmakers have to fit all the runners into an opening percentage of 133 - 140% They can't have them all short or the math doesn't work. If they open some too short then there must be some too long as well. Quote
Brodie Posted yesterday at 05:17 AM Posted yesterday at 05:17 AM 6 hours ago, Nowornever said: Well the bookmakers have to fit all the runners into an opening percentage of 133 - 140% They can't have them all short or the math doesn't work. If they open some too short then there must be some too long as well. Just Terrible races to bet into, maidens racing race winners?? Short distance racing in NZ Just not attractive to anyone that takes wagering seriously. Too many shorties and not worth the effort surely? Quote
Gammalite Posted yesterday at 05:58 AM Posted yesterday at 05:58 AM 29 minutes ago, Brodie said: Just Terrible races to bet into, maidens racing race winners?? Short distance racing in NZ Just not attractive to anyone that takes wagering seriously. Too many shorties and not worth the effort surely? com'on Brodster. Get with the program as TaBman would of said. The last 4 races coming up are at around mile and a half . that's far enough for these horses. Was thinking the Brodster on the money today and just BACK your Boy Carter Dalgety today . Drove the double races 3 and 4 on Polly Grey and that plunge horse winner from Addington in DOVER TERRACE. looked a certainty with the best driver in NZ on it ? only got 13-1 for the double on Sportsbet but beggars can't be choosers . You tipped him as a man to follow and are 100% on the money old mate.👍💰 just gave some back on Suspicious Captain in the 8th just now , but it went ok. was only 3rd best horse as first 2 horses went well clear. Should we get on ANYTIME AT ALL in the last race Methven today ? seems a Huge chance with Carter onboard Brodster. ? should we put a Redback on it ? what's your tip ? 2 Quote
Brodie Posted 10 hours ago Posted 10 hours ago It is absolutely mind boggling at the moment with the stake money being offered when we know that they are losing money with the amount of wagering occurring. Invercargill has a minimum if 20k and other races are significantly more! Auckland tonight are racing for 50k minimum, Ashburton Sunday $60k minimum! Highly doubt any of these meetings actually cover stake money let alone the other costs of running the meetings! Entain is not currently tracing well at all and yet have to continue to chuck in a cool $250m to racing. Seriously this can not end well with this totally inflated stakes!! Still havent seen a single poster stating that they have confidence in the decision making of HRNZ! Quote
Brodie Posted 10 hours ago Posted 10 hours ago 9 minutes ago, Brodie said: It is absolutely mind boggling at the moment with the stake money being offered when we know that they are losing money with the amount of wagering occurring. Invercargill has a minimum if 20k and other races are significantly more! Auckland tonight are racing for 50k minimum, Ashburton Sunday $60k minimum! Highly doubt any of these meetings actually cover stake money let alone the other costs of running the meetings! Entain is not currently tracing well at all and yet have to continue to chuck in a cool $250m to racing. Seriously this can not end well with this totally inflated stakes!! Still havent seen a single poster stating that they have confidence in the decision making of HRNZ! Fat fingers, $150m per year Quote
the galah Posted 8 hours ago Author Posted 8 hours ago (edited) 2 hours ago, Brodie said: It is absolutely mind boggling at the moment with the stake money being offered when we know that they are losing money with the amount of wagering occurring. Invercargill has a minimum if 20k and other races are significantly more! Auckland tonight are racing for 50k minimum, Ashburton Sunday $60k minimum! Highly doubt any of these meetings actually cover stake money let alone the other costs of running the meetings! Entain is not currently tracing well at all and yet have to continue to chuck in a cool $250m to racing. Seriously this can not end well with this totally inflated stakes!! Still havent seen a single poster stating that they have confidence in the decision making of HRNZ! in 2023 hrnz made a big deal of announcing the base funding for low key provincial races was a minimum of 10,500 and provincial standard race funding of $11,500 minimum. yet,when on another thread this week,you had westview saying the reason methven paid out such low stakes yesterday was because hrnz only funded them $8,000 per race. so,if we assume westview's figures are accurate,then funding by hrnz for provincial races has already dropped by well over 20% in the last 2 years. Yet they still are throwing money at the elite level of horses. Like i have said many times,its currently all about prioritising stakemoney for small interest groups who have the ear of those in charge,then when the peasants in the cheap seats have a moan,they throw a few crumbs there way to placate them, while cunningly quietly,cutting back on the stakes they are paid elsewhere.Isn't that what is actually happening? Edited 8 hours ago by the galah Quote
Brodie Posted 6 hours ago Posted 6 hours ago The big worry that people with any level of business sense can see the writing on the wall and yet the ones on the salaries just dont seem to be able to? There are 34 races over Invercargill, Auckland and Ashburton and the stakes paid out is $1.62 million average of approx. $47,000 per race! How on earth does this make any sense when there is only a few thousand in the tote pools? They are going to be getting a hiding financially, but why worry everything is positive according to The CEO of HRNZ? 1 Quote
mikeynz Posted 1 hour ago Posted 1 hour ago I note the win pools down on last year at Ascot Park, a mare race last year reached 17000, this year best is 12 for the Cup, but remember the up to 5 grand on fixed would be impacting, but I do think this meeting supposedly southlands best has been demoted a bit by Ashburton on Sunday a big percentage of the money in stakes left Southland, and as usual it's the well run larger establishments doing it, a smaller number taking the vast majority of the spoils. 1 Quote
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