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8th August 2002, 08:44 AM
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Member
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Join Date: Jan 1970
Location: Canberra
Posts: 730
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Hammers - someone from this forum (sorry, can't remember who) told me that the TF prices quoted by IAS are there own TF prices and not the official bookmaker ring TF prices that the track bookies pay on. Also they don't seem to "add-up" - eg. they quote an opening price of $7.50, Fluct1 of $7.00 and SP of $7.00 but then give TF of $7.00 - surely it should be $7.50?
TheDuck - Gudday (now that's Australian!) The minimum bet in the hundreds only applies to telephone bets placed with the bookies from off-track (as I understand it this was put in place to protect the TAB's who didn't want the bookies "stealing" their telephone betting market) - however the rules are different from state to state and are being phased out - eg. Minimum telephone bet with Victorian bookies is now $50 for major meetings and no minimum for country meetings. As far as I know there are no fixed minimums for on-track betting.
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