Hi All,

I know must punters would agree that the bookies offer a better market than the Tab. Sydney is regarded as one of the strongest rings in Australia. If this is the case why were the markets so poor on Doncaster/Derby Day.

This is the full list of markets:
R1 116.91%
R2 114.05%
R3 120.09%
R4 116.13%
R5 122.65%
R6 132.02%
R7 133.25%
R8 126.90%
R9 121.74%

Propun often tells punters how much better they are betting with the bookies. They often talk about markets of around 110% on Saturdays in Sydney and Melbourne.

The markets set on Saturday were a disgrace. You could hardly argue that there was no exposed form.

I usually bet with the bookies but the TAB got my money on Saturday as I got better value on all of my selections.

The NSW TAB paid better than the bookies on 7 out of 9 winners and the other two did not make up any of the three favourites that won.

In most cases the market got worse as the race got closer. Isn't this the reverse of what should happen?

Any thoughts?

Regards,

Napalm

I'll try.
How many people usually go to the races? How many went on Saturday? I heard it was around 40000. How many of those people do you think understand or even care about the mathematics of racing. When a whole lot of drinking once a yearers line up to give their money away you can hardly blame the bookies for thinking xmas has come early. If you can make a book at 120% why offer better. I know it doesn't help the regulars but it may explain the poor markets. I think any clever punters would have steered clear of Randwick, wet track, leaders bias, big fields etc.

Mark

I read an article the other day where Waterhouse Junior ( Robbie's Kid, can't think of his name), said he tries to frame his markets at 140%.. He fields at Wenty Park on the dogs.

Some of the markets I frame are pretty aggressive, but i think you have to be ralistic and realise that there is no 100% markets anywhere, but 140%, to me seems a bit too much

happy punting
xptdriver

Some of the Betfair racing markets get very close to 100%. On the sports betting (Tennis & AFL) I have seen under 100% on several occassions.

I had a becareful experience yesterday. I laid a horse at 2/1, within 15 seconds it was 3/1, so I backed it back, and was able to lay it again at 2/1. Nett result, I had laid it at even money...and it got beat.