nz cup futures market

[the galah]

can anyone tell me what the point is of the tab having a futures market on the nz cup.

And why do the harness media continually talk about the market ,then in the next breath state the obvious,that only an absolute moron would bet on the futures market anyway.

here we are about 3 weeeks out from the nz cup and the tab prices are  pathetically small for all the runners and now,given the latest news story on the hrnz website,it seems a horse who has never been ever considered a possible starter,(kingman) may well be allowed to throw in a late nomination and would most likely start favorite if he does.

i mean,its humourous in a way,but ridiculous to the extreme.

isn't it about time the tab stopped ripping off the dumb and the nz racing media stopped talking about odds that their audience know are just a load of rubbish.

Edited 10 hours ago by the galah

[Withadream2]

8 minutes ago, the galah said:

can anyone tell me what the point is of the tab having a futures market on the nz cup.

And why do the harness media continually talk about the market ,then in the next breath state the obvious,that only an absolute moron would bet on the futures market anyway.

here we are about 3 weeeks out from the nz cup and the tab prices are  pathetically small for all the runners and now,given the latest news story on the hrnz website,it seems a horse who has never been ever considered a possible starter,(kingman) may well be allowed to throw in a late nomination and would most likely start favorite if he does.

i mean,its humourous in a way,but ridiculous to the extreme.

isn't it about time the tab stopped ripping off the dumb and the nz racing media stopped talking about odds that their audience know are just a load of rubbish.

I wonder how much the late nomination is.  Hopefully it’s at least $50k

[mikeynz]

54 minutes ago, the galah said:

can anyone tell me what the point is of the tab having a futures market on the nz cup.

And why do the harness media continually talk about the market ,then in the next breath state the obvious,that only an absolute moron would bet on the futures market anyway.

here we are about 3 weeeks out from the nz cup and the tab prices are  pathetically small for all the runners and now,given the latest news story on the hrnz website,it seems a horse who has never been ever considered a possible starter,(kingman) may well be allowed to throw in a late nomination and would most likely start favorite if he does.

i mean,its humourous in a way,but ridiculous to the extreme.

isn't it about time the tab stopped ripping off the dumb and the nz racing media stopped talking about odds that their audience know are just a load of rubbish.

I think you've been reading my comments, I've questioned the point for some time, yet one old stick in the mud elsewhere told me I was a idiot for questioning it, it's simply a con, where people silly enough to gamble on if or not a horse even makes the final field throw their money away, if ya horse dont start you should get ya dosh back, Simply the only talk at present on the NZ Cup should be the horses, not the odds, probably 95% of bets probably in the last half hour so what is the hurry?

[Withadream2]

7 hours ago, the galah said:

seems a horse who has never been ever considered a possible starter,(kingman) may well be allowed to throw in a late nomination

$28,750 is the late nomination fee.  Personally I think it should be $50k to encourage trainers of top horses to nominate early.  It’s a million dollar race after all.