Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > Horse Racing
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 27th April 2004, 10:34 PM
Merriguy Merriguy is offline
Member
 
Join Date: Jan 1970
Posts: 609
Default

What can be done about the pitiful place dividends available? I know that this issue has been raised many times; but surely we can press for an improvement somehow.

I note that IAS is still advertising on this site that its IAS-SP+ pays 5% - 50% more than the biggest tote. This hasn't been true for a couple of months or so. They now pay a little above the UniTAB dividend, which, for favourites, is often $1.00 --- money back. What of truth in advertising?

Presumably they are making this change deliberately because they know there will be less to pay out. I think I read somewhere that of the three present totes the overall order of 'best return' is VicTab, NSWTab, and UniTAB.

I had a couple of hundred dollars on Behead 'Em at Port today (for the place). At the close of betting IAS was showing the approx. dividend as $1.75 (check it it is still there). It paid (uniTAB) $1.00, and the munificent IAS-SP was $1.01. What a joke!

Come on Partypooper, Kenchar, Michaelg, and others out there who, I know, like to bet on the place, what can we do? Perhaps putting a little pressure on them like this will help.

Incidentally, I find it most unusual that there has been no discusssion of the new AusTote in these forums (that I have noted anyway). I know that they are not offering (from Norfolk Island) place betting for the moment; but I presume many would have received their offer of a much less take out for win betting. Perhaps their efforts will pressure some of the others to give us a fairer deal. Let's hope so.

In the meantime, does anyone have any advice to offer????



Reply With Quote
  #2  
Old 27th April 2004, 11:07 PM
crash crash is offline
Suspended.
 
Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
Default


Bet to win.
Reply With Quote
  #3  
Old 28th April 2004, 06:43 AM
kenchar kenchar is offline
Member
 
Join Date: Jan 1970
Location: SYDNEY
Posts: 723
Default

Merriguy,
You HAVE to subscribe to a fixed odds for the place service.
If I was just using the tabs I would no longer be place betting.

Cheers
Reply With Quote
  #4  
Old 28th April 2004, 07:59 AM
michaelg michaelg is offline
Member
 
Join Date: Jan 1970
Posts: 2,788
Default

Hi, Kenchar.

Can you provide information about who offers fixed odds for Place betting.

If Austote does provide superior win dividends, one would expect the same to be with place betting. Austote commences today - it will be interesting to compare their dividends with those of the TABs.

Reply With Quote
  #5  
Old 28th April 2004, 08:11 AM
gizzard gizzard is offline
Member
 
Join Date: Jan 1970
Posts: 30
Default

I know that Kenchar is the place King so he can probably give some more options. I have mentioned in another thread, SportOdds offer Fixed Place pricing.
http://www.propun.com.au/racing_for...=5959&forum=7&6
Reply With Quote
  #6  
Old 28th April 2004, 10:52 AM
Merriguy Merriguy is offline
Member
 
Join Date: Jan 1970
Posts: 609
Default

Thanks for the replies so far. Appreciated.

Have taken your advice Kenchar, and am now ploughing through the the learning process of how the suggested site works :razz:
Reply With Quote
  #7  
Old 28th April 2004, 11:14 AM
pelican pelican is offline
Member
 
Join Date: Jan 1970
Posts: 4
Default

There is a company that pays the best tote divi for win and place from the 3 totes.Type in "sports" and if you looking to have a "bet" you might find this place suitable.
Reply With Quote
  #8  
Old 28th April 2004, 12:22 PM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,420
Default

Merriguy, Yes I do like to place bet, until now I have tried to stay off the "money back" type of bets by only betting if the selection is showing $1.30 or more b4 the off, but it is not really suitable as I have missed some good bets for one reason or another. And at other times was on for a $1.10c etc. Not sure if IAS will accept a place bet with a minimum return spec., will find out though.

Pelican, thanks for that pointer I was unaware that there was anyone offering best of the 3 for the PLACE, will follow that one up.
Reply With Quote
  #9  
Old 28th April 2004, 12:27 PM
La Mer La Mer is offline
Member
 
Join Date: Jan 1970
Posts: 578
Default

[quote]
On 2004-04-27 23:34, Merriguy wrote:
Presumably they are making this change deliberately because they know there will be less to pay out.

Merrigay: IAS now use UniTab because TAB Ltd closed down the IAS accounts (worth about $30m per annum), so they had to change to either SuperTab or UniTab and the chose the latter (I guess) because they could have more influence on the UniTab markets with their 'bet backs'.
Reply With Quote
  #10  
Old 28th April 2004, 01:50 PM
Chrome Prince Chrome Prince is offline
Member
 
Join Date: Jan 1970
Posts: 4,415
Default

Merriguy:

That should have no bearing on what price they offer, but in reality they are manipulating the odds by laying off on the tote.

What's interesting, is that by them doing that it has a double effect, it ruins the dividends so makes their service more attractive, and also enables them to offer well under what the price would have been before the bet.

The only benefit for punters is to watch the large place wagers and bet something else.

So I'll be watching whatever firms most for the place on Unitab, and backing it on TabCorp, I'll bet I get better place divvies than IAS offer :smile:

Behead 'em paid $1.10 on Tabcorp.

That's 8.18% better


[ This Message was edited by: Chrome Prince on 2004-04-28 14:57 ]
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 07:42 AM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655