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Old 3rd July 2012, 05:17 PM
Star Star is offline
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Join Date: Dec 2009
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Quote:
Originally Posted by moeee
Are they?
I didn't realize that.
In fact , i assumed that they were amongst the major players of the tote pools.
But I have not been to a Racetrack for over 10 years now , so things sure have changed.

Moeee.

I could not let that one go through to the keeper. One thing you have to realise that when I make a post or a reply, it is not necessarily coming from a great deal of knowledge.

However, I could say it is general knowledge, but, because I do not have the necessary quote or report to say that I am correct, I will not.

Let just say I assumed that the day of the big battles between bookie and punter might be close to over. To me, bookies are just glorified accountants.

Maybe you can explain what you mean when you say they are the major players of the tote pools.

To me that means laying off the over bet, so bringing all horses into their expected margin range. Balancing the books was an old term used for this. To me, that does not tell me that they can shape the market, they might just be the middle man, holding on to what they want and getting rid of the balance onto the TAB.

In my opinion, they cannot play the margins because they give Best tote on most if not all races, at least the major players do.

Star
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