The idea...
 

The idea is to back a horse for 25% more than start price and lay the same horse for 75% of start price. Place offers as soon as the pools reopen after race start. Chances are they would get matched before the end of the race giving you a handy profit......

Good job on the Bush bet La Mer. I should have touted it for you, but had no idea that there was betting in Oz on the U.S. election. In the Americas, we have our own pool for Aussie racing. Talk about a wild odds swing! One that opened at 99-1 may very well end up as the barrier jump favorite. I have placed a win bet on a horse at 27-1, then after my runner won the race, I found it got bet down to 12-1 evidently just seconds before the jump. Even more frustrating when your 8-1 bet ends up at 8/5. On the postive side, our poor knowledge of Aussie racing sometimes gives us a glorious 55-1 or so winner that was merely medium odds in Oz. In fact, in many Oz races we could bet 5 or 6 runners to win and still make a profit. The exotics in Oz from our pool pay very generously compared to same odds horses at a U.S. track. I have seen two 3-1 shots run 1-2 that generated a $50 quinella. ($2 bet)

I suppose wherever you live there are pros and cons gambling wise. Good luck to all members here.


Regards,

Glenn

Yep. I've noticed some of the great divs you get over there Glenn. A lot of people think you should only bet in big pools, but smaller pools can lead to some VERY nice divs.

Backed a greyhound today that paid $1.60 for the win and $5.30 for the place!!! That $1.60 was actually a pretty accurate reflection of it's winning chance, so you can see how much of a good div that $5.30 was. Another winner I got paid $20 and it's true price was really no more than about $5. Like you said though, the divs can change wildly in small pools. In one race, I backed a dog which was paying $11.00 before they jumped and after it won, it's div dropped down to 2.60!!!

Sportz: Thanks for the great picks last night. Americans punters/trainers think differently about racing factors and tactics. It would be an idiot here that backed a 3 year old against older horses before April 1 of the year. (ours age 1 year on Jan 1; I thought I saw yours do so on Aug.1?) We brilliantly know that fillies and mares are 20% inferior to colts and geldings, and wouldn't think of backing any but a truly exceptional female against males. Dirt is a much better surface for horses than grass. A sprinter always needs 1-2 weeks to recover between races; a stayer 3-4 weeks. 3 year olds any distance 3-4 weeks rest; 2 year olds 4-6 weeks minimum. Jockey weights make little if any difference, and we have a fairly narrow range. It's usually unthinkable to have a field of more than 14 runners, 10 used to be common. Inside rail is a big advantage at most tracks. Bet the early running types, you know, catch me if you can.

It's these preconceived erroneous notions, and a host of others, that make us poor Aussie punters. I watched and saw many differences, threw out all the rules and decided to let the folks on this message board educate me in Aussie horseracing in December of 2003. I have learned much, and have much more to learn. I greatly appreciate the training provided to this poor, dumb yank.


Regards,

Glenn

Glenn, If you haven't already done so, I can highly recommend that you read a copy of Andy Beyer's book "Beyer On Speed', in which he details, among other things, his experiences of Australian racing during his odyssey down here a few years ago. A very interesting read and might just help you understand Australian racing a little more.

I have read it, but it's been many years(and many whiskeys) ago. Time for a refresher, it seems, particularly with my relatively new (2 years) interest in racing in Oz. Wonderful suggestion, thanks. We are planning a trip to Australia in the next year or so. Wifey and son want to see the Australia Zoo around the Sunshine Coast, I think. I could care less about Steve Irwin's operation, but want to check in at a few tracks. No better way to learn than first hand. I envy your present summer. It's -5 and very winter here.


Glenn

Glenn

Is the US pool available online? What's the web-site that you use?

It's only available in The USA and Canada. I use both www.brisbet.com and www.youbet.com. Both are actually funneled through Americatab.

Regards,

Glenn

Lots of good free Australian racing info on that Brisbet site, but it looks like you have to pay for all the American info. No wonder you prefer to bet on Aussie racing Glenn. :D

Actually, If I place a single bet at any American track, that days basic information (racing form) is free. They do have extra charges for various tipsheets, ratings, etc. They made a friend of me when they made the Australian data free. What the blazes though...I bet over $14,000 USD with them last year. I think the powerstats at www.australianracing.com (not a betting site) are reasonably decent, and free.

Regards,


Glenn