28th August 2013, 09:29 PM
|
|
Member
|
|
Join Date: Mar 2012
Posts: 1,237
|
|
Quote:
|
Originally Posted by Chrome Prince
From a punting perspective still in slight profit, but from an owning, training perspective picked up nearly $250k in prizemoney by picking horses with good stride only in less than a month.
|
Makes you wonder if this might be an exotic offering in the future? i.e. you buy a 'share' in a horse(its winnings) for a given race or carnival and share digitally in the 'prizemoney' it wins OR perhaps in the actual underlying winnings on the track less a share of the overheads in getting it the barrier? It would be like buying into an OTC derivative which yields a cash return based on the outcome of an event in the real world.
It's about time the corporates came up with something a little more innovative to make them stand out from the crowded market online and/or tote - something a little more exciting than features like 'protest payouts' and naming your own odds. Both have their merits but neither particularly spins my fun dials!
LG
__________________
The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB
|