On Friday last week I was hit with a cold-call from an organisation marketing a betting system and associated software that monitors late bet placements on the TAB. (Costs $10,600) They claim professional punters wait until a few minutes before a race starts to place bets. They further claim having quick access to this late bet placement information means you have access to inside information only known by those professional punters and you can utilise that information to punt successfully. Any comments would be appreciated.

Seems excessive when betfair displays amounts.I heard of a similar package once, perhaps ...., but quite often big bets go on by people who have too much money to bet on their own horses.

[ This Message was edited by: Moderator 3 on 2004-11-23 19:29 ]

The real money never gets bet on the Tab and if you want software to do this learn how to use excel...will do exactly the same thing

The TAB money I.E. plunges is usually set up by the smarties ( the ones ones that really make the money ) to throw you OFF the horse that THEY are backing.

Always Remember this.

There are betting sites in this world that pay on final div nsw tab, so you don't have to be a genius to understand what go's on in this game.

Dead set My finger's are going to be 1 inch long if I have to keep repeating this.

[ This Message was edited by: kenchar on 2004-11-22 20:59 ]

Following shorteners with a tool costing $10,000+ is rediculous.

Often bookies layoff on the TAB to try & balance their book, not neccerally the fact that it will win but to reduce their exposure to risk.

If you want to follow shorteners ,just go to the Victorian TAB which shows the price movements at 15 min. & inwards, on the Teletext No.561
This service will cost you nothing.

I have a tool that cost $275 & it does the same thing, it was advertised on this sight some months ago,it can either track the horses which had the largest single bets or basic market shorteners or blowers it can also dutch bet the selections & lay the bets to your internet TAB betting A/C

Like so many other strateregies ,some days it work & some days it wont.

Here is a tip ,if one likes the idea of chasing shorteners ,follow the top 2 chances in each race & back the one that has come in the least in price ,not the most.

I would like to thank all who have replied to my posting and given advice and/or made suggestions. The mob flogging this program are going to ring me tomorrow and what I do with organisations who cold call me in the first instance is string them along, get all there details or as much as I can, ask them would they like me to evaluate what they're offering, if they say yes, I go ahead and do it, then I send them a bill for my time @$250 per hour and place the account with a merchantile agency for collection.

Have you ever been paid...lol...good idea but not realistic....atleast it stuffs them up for awhile i guess

D.Uhrbrock
What are you looking for in a racing program ?

$250 per hour sounds a bit excessive.
Maybe it would be in all parties interests to perhaps lower your fee somewhat.

I'm thinking along the same lines as them when it comes to fee's for services rendered.
They called up today to step me through an online demo but there was some trouble accessing their website so it's been put off until next week.
I know this is a ******** and I'm just going to play along with them for a bit of fun.
I want to wind them up a bit at the same time, so if any of you have got any questions you think I should put to them please let me know. I will post the answers I get here after the so called demo.

D.Uhrbrock,
but you have not answered the first question,
what are you looking for in a race program?

Most here have had their answers answered before anyway. Most KNOW what this "late money", or "smart money" concept is about.

If there is a question,
On what basis do they justify the price tag of $10,500.00 for the concept of thier particular system ? "late money,smart money,whatever"
Is it the hours spent developing the program and they have to pay wages to telephonist and staff ?

Does the person who is actualy calling you is doing so from the goodness of their heart, that he/she really and truly wants you to have this money presumably won ?

Does he/she actualy earn from the same program they are selling ?
If not, why are they selling it, what's in it for them?

If they are actually winning from the program, can they provide a fact sheet, a printed copy of their tab account, sent directly to you, first ?
If not, then can they re-direct the mail-out, (you offer to pay costs, and extra for the program if it shows sustainanble profit for no less than 3 months.)
If it does show a true profit for 3 months, then can you have the 1st 5 months free ?
If it wins, by all means buy it, it will be from the winnings, obviously.





[ This Message was edited by: puntz on 2004-11-25 01:54 ]

One comment to clear up a common misconception.
The "real money" may not get bet directly on the TAB but it sure as hell ends up there. Witness the 1997 Melbourne Cup - Might and Power was showing $8 or $9 on SuperTAB with a few minutes to go and ended up paying $5 after one K. Packer dropped several hundred thou$ on it in the last minute and the bookies offloaded to the tote. It cost me about a thou but cost the bookies a small fortune as they couldn't get rid of all of it.
Late money or big money does not necessarily equal correct or informed money.
Question. If you had a system that was constantly winning large amounts would you be flogging it all over the countryside or would you just quietly bet and WIN.