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Old 11th November 2002, 04:07 PM
Equine Investor Equine Investor is offline
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Join Date: Jan 1970
Location: Melbourne
Posts: 740
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luckylouie,

I too have looked at their supposed "Trading Floor" plunges with great amusement. There is a scrolling ticker which say $1,000 bet on Flemington Race 1 Horse 1 etc and it's obviously not very accurate given the chances of most selected runners.

Another thing to be wary of is if some guy has a balance of $5,000 and his bet is $1,000 or $2,000 - then it's a significant bet. If his balance is $20,000 - $50,000 etc then it isn't.
I know of one high profile punter and a $1,000 bet is simply like having $1.00 each way for most punters - you only take notice when he plunges $20,000 plus on a runner!

By the way, they are not allowed to transfer bets like that amount to the ticker due to an "understanding" with that particular punter.
Say it all.
:wink:
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