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-   -   Mathematics and the "Edge" in Punting (http://forums.ozmium.com.au/showthread.php?t=6057)

thefan 11th October 2004 09:20 PM

Hmm no wonder I lose even on place. Pretty much every dog I chose has a great start then run off course because of another dog.

Rock Steady 12th October 2004 07:55 AM

Mr J,
Online books will let you have any amount on the dogs BUT they only pay tote odds (normally Home State).
You could have $5000 on a dog with IAS but you can be sure that IAS will lay off on the tote ensuring that the dog will pay $1.05 at best.
When I first started betting with online books, I got caught out on a quinella. I liked two dogs at Angle Park and took a quinella for $200. the dogs duly ran 1st and 2nd. The winner paid $7.20, the second dog was showing $6.00 for the win so you would expect the quinella to pay a bit more than $2.70!!! No doubt the book backed the quinella back on the relevant tote.
Practically, you can only bet small with online books otherwise the above will happen. I normally spread the action over the three totes and the three online books.

Mr J 13th October 2004 03:25 AM

How small, $500???

If I just used a couple of online accounts, what I be giving up much in the way of odds?

knowledge 13th October 2004 03:27 AM

Mr J, you're up late. :wink:

I'm just curious, how many bets will you make today? I know it's a random question but I'm interested (after hearing you make thousands of bets annually).

Mr J 13th October 2004 03:46 AM

I'm always up :wink: well not from around 4-5am till noon.

Around 7-8 today. A few of those are NFL bets though. October is pretty quiet.


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