Rangatira Posted June 20, 2020 Share Posted June 20, 2020 "Bookies to get more money invested need to start odds where they finish, percentage wise, and adjust the odds according to betting patterns." from another thread but hopefully this is deserving of its own thread not saying i agree with you but something needs to be done what is the percentage you have in mind matey potatey ? also do you have any interest to declare ? Quote Link to comment Share on other sites More sharing options...
Happy Sunrise Posted June 20, 2020 Share Posted June 20, 2020 21 minutes ago, Rangatira said: not saying i agree with you but something needs to be done Seems you are. 1 1 Quote Link to comment Share on other sites More sharing options...
Brodie Posted June 20, 2020 Share Posted June 20, 2020 1 hour ago, Rangatira said: "Bookies to get more money invested need to start odds where they finish, percentage wise, and adjust the odds according to betting patterns." from another thread but hopefully this is deserving of its own thread not saying i agree with you but something needs to be done what is the percentage you have in mind matey potatey ? also do you have any interest to declare ? Ranga, Of course I have an interest to declare, Have not looked at what the current % odds are when they open up or close, but what I do know, is that they lengthen the fixed odds out far too close to race closing. A horse can be $3 for a place from opening till 5 minutes before race closing and then lengthen out to say $3.70 as for Justans Sister yesterday. I can not see the point of having a horse at a set amount without much money going on it and then lengthen with buggerall time to get on. Often there are 5 or 6 less than $2 for a place and they dont lengthen out until too lste. Start the odds at close to what you are looking to close and get the money on!!!!! Start at say 130 or so and attract the money. If there are plenty going on then adjust accordingly. With an hour or so Bring into 125% which is giving them 25% profit. They will lose some but will win a lot more overall! Bookies have got no guts and that is why they are putting the punters off. We are hearing about $50 win bets as being noteworthy bets???? Quote Link to comment Share on other sites More sharing options...
Rangatira Posted June 20, 2020 Author Share Posted June 20, 2020 1 hour ago, Happy Sunrise said: Seems you are. then you are much mistaken Quote Link to comment Share on other sites More sharing options...
Happy Sunrise Posted June 20, 2020 Share Posted June 20, 2020 7 minutes ago, Rangatira said: then you are much mistaken Then what needs to be done? Quote Link to comment Share on other sites More sharing options...
Happy Sunrise Posted June 20, 2020 Share Posted June 20, 2020 16 minutes ago, Brodie said: Bookies have got no guts and that is why they are putting the punters off. We are hearing about $50 win bets as being noteworthy bets???? They do not want to be taken to the cleaners. $50 being noteworthy shows it. Quote Link to comment Share on other sites More sharing options...
Rangatira Posted June 20, 2020 Author Share Posted June 20, 2020 21 minutes ago, Happy Sunrise said: Then what needs to be done? i am not sure i was just seeking more specifics from the brodster and whether i understood what he meant by "need to start odds where they finish, percentage wise," as it seemed like quite a departure from the current 1 Quote Link to comment Share on other sites More sharing options...
Rangatira Posted June 20, 2020 Author Share Posted June 20, 2020 41 minutes ago, Brodie said: Ranga, Of course I have an interest to declare, a little humour on my part Quote Link to comment Share on other sites More sharing options...
Rusty Posted June 20, 2020 Share Posted June 20, 2020 What beats me is that often bets, or should I say, punters that are wishing to place a bet, go to put it on, and it is declined. The NZ TAB refuse it, because of the liability. Sometimes the liability is sweet FA. Like we are talking a $30 bet on a horse at something like $25s (or thereabouts) final field. Yet, almost on any given race, other punters are getting on 4-figure bets. Or reasonable sized 3-figure bets on favourites. Now it happens worldwide, betting agencies refusing to accept bets, I have no issue with that, but the liability amount in NZ seems to be bugger all and has to be the worst in the world, with the exception of perhaps North Korea and Nigeria. That combine with how often they do it, and treating customers differently, just makes no sense. And even less so, when the punter is attempting to place the bet at a TAB outlet, and not through their account i.e the TAB couldn't tell or not if the punter is restricted. 2 1 Quote Link to comment Share on other sites More sharing options...
Rangatira Posted June 20, 2020 Author Share Posted June 20, 2020 43 minutes ago, Brodie said: Start at say 130 or so and attract the money. If there are plenty going on then adjust accordingly. i think 130 is appropriate as an opportunity to dip their toe in and see if the sharks are biting and suffer a little for their misread from there it should not go over 130, if one comes in others must go out race 7 tomorrow the win market opened at 129 and 2 horses have come in, prairie from 5.50 to 4.60 and corrovally star from 15 to 12, but none have gone out and that seems wrong the market is now at 134 interestingly there has been adjustment both ways in the place market, 130.to 131 1 Quote Link to comment Share on other sites More sharing options...
Rusty Posted June 20, 2020 Share Posted June 20, 2020 Just now, Rangatira said: race 7 tomorrow the win market opened at 129 and 2 horses have come in, prairie from 5.50 to 4.60 and corrovally star from 15 to 12, but none have gone out and that seems wrong the market is now at 134 You are dead right. This is another reason as to why I don't often bet in final field markets through the NZ TAB... They bring a few horses in, yet don't lengthen others out at the same time. Money grabbing bastards. 2 2 Quote Link to comment Share on other sites More sharing options...
Happy Sunrise Posted June 20, 2020 Share Posted June 20, 2020 12 minutes ago, Rangatira said: i am not sure i was just seeking more specifics from the brodster and whether i understood what he meant by "need to start odds where they finish, percentage wise," as it seemed like quite a departure from the current They won't change in a million years. They will be paranoid about getting stung with the initial odds and I tend to agree with the bean counters. Quote Link to comment Share on other sites More sharing options...
hunterthepunter Posted August 19, 2020 Share Posted August 19, 2020 On 20/06/2020 at 6:59 PM, Rangatira said: "Bookies to get more money invested need to start odds where they finish, percentage wise, and adjust the odds according to betting patterns." from another thread but hopefully this is deserving of its own thread not saying i agree with you but something needs to be done what is the percentage you have in mind matey potatey ? also do you have any interest to declare ? my advice never bet on David Lange horses when paying 1.10 to win Quote Link to comment Share on other sites More sharing options...
whiplash smile Posted August 19, 2020 Share Posted August 19, 2020 percentage markets are a fallacy in NZ HR, Given the greedy TAB exotics takeout! (F.O or tote!) (Ive semi explained it on another thread?) There is no pool that has thrived in Harness racing since the (cant be fucked! explaining it ti you!) You all deserve what you get!! unless you have the balls to change it!! but you wont you will fuckin whinge! with semantics comin out your ass! Brodie is NOT!!! restricted because he is a successful punter!!! I AM!! Brodie is restricted just like 98% of a strict policy and an enforced algorithim! nothing to do with his success!! Try stop adding the percentage of a market? What idiot invests in a 30% loss right from the scratch? and expects a positive expectation?????????????? Quote Link to comment Share on other sites More sharing options...
whiplash smile Posted August 19, 2020 Share Posted August 19, 2020 Ranga I was talking to someone the other day who is adamant the brodster (or anybody) is not restricted any more than this new software algorithim allows! he can ring and in all likelihood his bets will be accepted! I am restricted, just have to ring in advance and each bet will be taken on the account history! If you are restricted you will be given an option realistically and still welcome to punt at a reduced price or no daggers aimed at you! Quote Link to comment Share on other sites More sharing options...
Happy Sunrise Posted August 19, 2020 Share Posted August 19, 2020 6 hours ago, whiplash smile said: Ranga I was talking to someone the other day who is adamant the brodster (or anybody) is not restricted any more 6 hours ago, whiplash smile said: I am restricted, I can't follow what you are saying. 6 hours ago, whiplash smile said: If you are restricted you will be given an option realistically and still welcome to punt at a reduced price That is still a restriction isn't it? 1 1 Quote Link to comment Share on other sites More sharing options...
mikeynz Posted August 20, 2020 Share Posted August 20, 2020 So if your restricted that's on any fixed odds bet am i correct,?tote betting has no restrictions? What about sports betting? And if one is restricted what are your limits that you are restricted too. It's not just the tab that restrict you winners ain't liked anywhere. Quote Link to comment Share on other sites More sharing options...
Brodie Posted August 20, 2020 Share Posted August 20, 2020 NEWS ALERT!!! The Brodster is restricted, currently and for many years now! Does not matter what I back, I can not get on what I want to wager, fullstop. If I have a bet and odds dropped, I can not get another wager on even at the reduced amount straight away. Often this saves me alot of money, and obviously the NZ TAB also misses out on profit! This flawed business model they have adopted is costing the TAB turnover and therefore reduced payout to harness racing from the TAB!!!!! Quote Link to comment Share on other sites More sharing options...
whiplash smile Posted August 20, 2020 Share Posted August 20, 2020 5 hours ago, Happy Sunrise said: I can't follow what you are saying. That is still a restriction isn't it? it depends on the individual bet, I only bet big on sports! 1.20 to 1.13 on a rugby league game (and lost) $800 so should have got $160 but ended up with $104. (but thrashed!!) so yeah restricted but you can still negotiate if you have a special! 1 Quote Link to comment Share on other sites More sharing options...
whiplash smile Posted August 20, 2020 Share Posted August 20, 2020 54 minutes ago, Brodie said: NEWS ALERT!!! The Brodster is restricted, currently and for many years now! Does not matter what I back, I can not get on what I want to wager, fullstop. If I have a bet and odds dropped, I can not get another wager on even at the reduced amount straight away. Often this saves me alot of money, and obviously the NZ TAB also misses out on profit! This flawed business model they have adopted is costing the TAB turnover and therefore reduced payout to harness racing from the TAB!!!!! Really? You must be a really good punter!!!!!! I am allowed up to $500 f.odds on sport, anything after that maybe reduced usually round 10%. To flat out refuse you! is crazy! No wonder you are fucked off! You really should talk to someone higher up in the chain! Quote Link to comment Share on other sites More sharing options...
whiplash smile Posted August 20, 2020 Share Posted August 20, 2020 13 hours ago, whiplash smile said: Try stop adding the percentage of a market? What idiot invests in a 30% loss right from the scratch? and expects a positive expectation?????????????? If you cant understand this, then I bet you lose overall! bet on single 0 roulette and put an equal amount on 39 outta 40 numbers, your in the high 90s percentage (from a renowned mathematician) , 130% markets are fuckin robbery! 1 Quote Link to comment Share on other sites More sharing options...
whiplash smile Posted August 20, 2020 Share Posted August 20, 2020 On 20/06/2020 at 9:35 PM, Happy Sunrise said: They won't change in a million years. They will be paranoid about getting stung with the initial odds and I tend to agree with the bean counters. How they can set markets so high and lose is beyond me, They should accept any bet with a positive expectation, overall they profit, thats why casinos encourage as much gambling as possible! The TAB should lose their monopoly and a betting agency with real bookies!! would clean up. Instead of being so risk adverse and shutting down investments, Even the Illegal betting with the Italian mafia can make a profit. The TAB is almost criminal and morally corrupt to only accept big bets from losing punters! I wonder if I can write to the ombudsman, Its morally reprehensible as a govt agency to encourage problem gamblers who lose to be their only preferred customers! They have been pulled up before In Invercargill TAB for accepting bets of a guy who was embezzling funds and they knew he couldnt have had that much money, it was like a million dollars all up and when he got busted, The tab had to explain, he was given free holidays as an elite punter? My how things have changed! 1 Quote Link to comment Share on other sites More sharing options...
mikeynz Posted August 20, 2020 Share Posted August 20, 2020 I must be due another free bet soon,its the only time I bet at the tab at present, since may when they kicked a few good people up the arse I ain't spent a dime there,they keep sending me bonuses,mind you I dont win so I'm probably loved by all in sundry. 2 Quote Link to comment Share on other sites More sharing options...
Happy Sunrise Posted August 20, 2020 Share Posted August 20, 2020 1 hour ago, whiplash smile said: it depends on the individual bet, I only bet big on sports! 1.20 to 1.13 on a rugby league game (and lost) $800 so should have got $160 but ended up with $104. (but thrashed!!) so yeah restricted but you can still negotiate if you have a special! I can't even get $20 each way on a horse like Ali Lindenny last week. If I get money on to a degree then any multi bets get shut down. The art of punting (for me) is finding odds that are set wrong in my opinion but if I ring the TAB and ask for a bet and they bring the odds down what the hell is the point of doing that! They are weak even beyond the point of reasonable protectionism. 1 1 Quote Link to comment Share on other sites More sharing options...
Happy Sunrise Posted August 20, 2020 Share Posted August 20, 2020 2 hours ago, whiplash smile said: Really? You must be a really good punter!!!!!! One doesn't even have to be a big or good punter to get 'restricted' Quote Link to comment Share on other sites More sharing options...
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