I'm amazed that no one responded to my earlier post on Power Pays, and that there has been minimal discussion anywhere on ways to exploit them.

But as noted elsewhere yesterday UniTAB "secretly" also lowered its rake to ~7.5% thus providing a welcome price war with SuperTAB's 5.95%.

And IAS still offered SuperPrice - essentially Median Tote + ~6% of winning portion.

ozeform.com/site/todays_racing/raceresults.aspx?track=RANDWICK&GRT=R&seldate=20070126

By my calculations for SMB yesterday IAS returned an average 2.5% more than SuperTAB.

Betfair also returned more but some weird claimed prices make it harder to quantify.

Anyway all this appears too good to be true.

If this situation continues today then astute punters should be able to get set for considerable amounts in favourable markets. By shopping around between Betfair, IAS and the TABs.

Of course SportsBet with its Best of 3 Totes is even more attractive but they might consider anyone trying this to be a little too over-recreational for their taste.