Dolus. I'm tending to the view that the bookies association is something like the freemasons, ililuminati, or some bunch like that as there NEVER appears to be someone with the straightforward answer, willing to go public ANYWHERE. Good to read you.

Guitar Jim. Thanks for your reply. I 100% agree that the bookies are putting up prices they think we'll fall for, and always in their favour, but that is begging the question of what makes them so sure IT IS IN THEIR FAVOUR. This is why I'd like to know how they do it. So many punters have extremely complex formulas for arriving at their own "prices needed" for each race, that I'm wondering why these punters can't simply wipe the bookies out. ie the bookies think it's 10-1, Kerry Packer thinks 2-1(and is more correct than the bagmen) and puts 20,000,000 on it!! Maybe he loses twice but when he's right it's 200 million!!
As far as I understand the bookie biz today, it is no longer a case of making an "over-round" balanced unbeatable "book" anymore. If not, then they are "gambling". How come so successfully?? Cheers, and hoping for help.