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How Can You Win ?

West Australian Racing
Ridersonthestorm33Ridersonthestorm33    10,809 posts
edited September 2018 West Australian Racing
Today on the Belmont Park Jockey Challenge these were the TAB Quinella odds.

Pike - Mitch Pateman $1.01 i mean seriously...and lost.
Pike - Knuckey $1.05 a deadheat result get 52.5 cents back in the dollar.
Pike - Warwick $1.08 deadheat get 54 cents back in the dollar.
Then the rest of the unsuccessful combinations with Pikey.
Kennedy $1.15
S. Parnham $1.15
Mcgruddy $1.20
Any unlisted hoop $1.30

Why would they bother ? It's an insult to the average persons intelligence dishing up odds like the above.
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Comments

  • pikerpiker    404 posts
    What were the odds for Pikey to win outright?
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    Pike to win outright $1.01
    Mitch Pateman second favourite at $9.
    Instead of betting $1.01 about that losing Quinella and Pateman definetly no certainty to finish 1st or 2nd...how about betting a reasonable price of perhaps just $1.20 and entice a few big punters to possibly have a go at it. But Pike $1.01 and the same $1.01 odds for the Quinella....just amateurish.

    Seven possible results between $1.01 and $1.30....could the tab possibly explain if that's fair ?
    It's difficult to justify.
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  • RodentRodent    7,044 posts
    There should be a statutory maximum % market to protect the innumerate.
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    Yes and beware if any co-mingling comes to some of these obscure international racing venues we now bet on in abundance where takeout rates can be on some bet types - wait for it - in excess of 40%.

    One of the heads of Tabcorp said takeout rates don't have much effect on dividends.
    Oh brother...believe that and you'll believe anything. Just look at the above figures.
    Co-mingling can be a great thing - but check the fine print first.
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  • therealkramertherealkramer    8,008 posts
    HK jockey challenge is much fairer. I've been saying it forever, the 3-2-1 format is grossly unfair
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  • ThunderstruckThunderstruck    7,693 posts
    Pike/Pateman quin paying a whopping 1.40 today.Love to see the turnover on the quinella and winner jockey markets for WA, in general can't be taking many bets at those ridiculous odds Riders posted surely...and dont want to going by their pricing 8-X
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  • RodentRodent    7,044 posts
    Wow, awesome odds on offer again  =))

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    really.PNG
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    Just to give a loose example.
    In a field of seven the Quinella the other week with Winx and the second favourite Le Romain paid $2.20.

    Pikey is the Winx price - but definetly no $2.20 around in Quinella betting above. Tab dishes out $1.02 or on the weekend $1.01 and then another six combinations between $1.05 and $1.30.

    On the odds above its about the equivalent of a 200/1 chance running second to Winx and the quinella paying $1.20.
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  • curmudgeoncurmudgeon    2,417 posts
    That is not betting Riders....it's a cross between condescension, patronising & ridicule by the odds makers.

    Ridersonthestorm33 likes this post.

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  • RodentRodent    7,044 posts
    What about the percentages though. 100% is break even so we know the market has to be above that. Most would say 120-150% would be reasonable. The Pike combos alone are over 500%. That should be illegal. If you can't put a market up under 200%, you have no business offering odds.

    Ridersonthestorm33 likes this post.

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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    Absolutely. Nobody ( well you wouldn't think so ) would go near those market %'s and the Tab should be brought to account on it.
    The advantage of a forum like this - keep the bastards honest!
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  • RodentRodent    7,044 posts
    It looks like there's a few drifters  :))

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    Ridersonthestorm33, Thunderstruck likes this post.

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  • RodentRodent    7,044 posts
    With 3 races to go, it's all over. The winning quinella will be Pike/C Staples. Bullet is 2 points behind Pike and is only a bolter's chance to overtake the great man and get the win.
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    Had a few coins on Pikeys six mounts for a place on the tote...$1.04, $1.10, $1.40, $1.10 who cares...but then a $2.40 that's got me sitting up for his final ride in the next on Kia Ora Star.

    Cmon Pikey just sneak it over the line for a place!
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    He fair dinkum did sneak it over the line for third...you'd never back that horse in a race at Kojonup..talk about every possible hope.
    Luckily had Pike guiding it to the cutaway rail or wouldn't have known it's way home!
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    The horse Drink The Rainbow....never heard of it! Except maybe in a Skittles commercial.
    Pikey aboard and trained by Adam Durrant...fixed odds was $2.75 a place...gave it the run of the race, he carried that one over the line too.

    Must be a real battler to have Durrant & Pike and for the Tab to bet $2.75 a drum.
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  • JayJayJayJay    7,677 posts
    The Roman just pipped in the last but will happily take the $3.30 the place.
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  • paraleticparaletic    3,750 posts
    Ridersonthestorm33 said:

    The horse Drink The Rainbow....never heard of it! Except maybe in a Skittles commercial.
    Pikey aboard and trained by Adam Durrant...fixed odds was $2.75 a place...gave it the run of the race, he carried that one over the line too.

    Must be a real battler to have Durrant & Pike and for the Tab to bet $2.75 a drum.


    adam was on radio this morning saying if it didnt do something today ut would be moved on. Maybe gets one more run on that effort
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    For sure Para it had every hope and stuck on quite well. Can stay a bit unlike many of them...and in the right yard and Pike rode it a treat. Not a cracker for it - not even much money from tote punters over East who can crunch Pikeys mounts late.

    Some of the horses that tailed out in the distance races today...ouch...they are the quintessential battling types. A few of them, the lights would still be on waiting for them to get home.
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    The Skittles commercial phrase is 'catch the rainbow'...just to get that straight.
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  • TheDivaTheDiva    13,248 posts
    there was a banned commercial that im pretty sure he's referring to  @-)
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  • Ridersonthestorm33Ridersonthestorm33    10,809 posts
    edited September 2018
    Haha fair enough...thought it a 'g' rated version. I got skittled. Thought though there might have been another connotation or something.
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  • TheDivaTheDiva    13,248 posts

    therealkramer, jum likes this post.

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  • TheDivaTheDiva    13,248 posts
    :D
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  • therealkramertherealkramer    8,008 posts
    =D>
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