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West Australian Racing

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  • ChuckRuckmanChuckRuckman    61 posts
    said:

    How does Mystery Bets work? How are the horses allocated? The favourites of each race or is it totally random or is a mixture of favourites and outsiders?

    Its a numbers game. Mystery bets don't associate whether a horse is fav or not...it picks numbers, just like a Favourite Numbers Pot Luck.
  • is it random but weighted towards the horses current odds

    i.e. if you ran 1000 mystery bets the favorite would appear more times than other horses
  • ChuckRuckmanChuckRuckman    61 posts
    said:

    is it random but weighted towards the horses current odds

    i.e. if you ran 1000 mystery bets the favorite would appear more times than other horses

    No
  • said:

    said:

    is it random but weighted towards the horses current odds

    i.e. if you ran 1000 mystery bets the favorite would appear more times than other horses

    No
    Yes

    go and put 100 mystery bets in and see what happens

    happy to pay for them if Im wrong - which i wont be
  • ChuckRuckmanChuckRuckman    61 posts
    said:

    said:

    said:

    is it random but weighted towards the horses current odds

    i.e. if you ran 1000 mystery bets the favorite would appear more times than other horses

    No
    Yes

    go and put 100 mystery bets in and see what happens
    Waste of money, I could never do that. But I know of many that do.
    It throws out numbers, not to lower priced horses. If that was the case it would pick the fav to place in all of them. I saw one customer got one last week in the exacta order...the winner paid $36 and the first 3 favs in the betting were unplaced.
  • I said its "weighted" towards favorites - that doesnt mean every ticket gets all the favs

    100/1 shots will appear to win on one in every 100 tickets

    2/1 shots will appear to win on 33%

    etc etc
  • ChuckRuckmanChuckRuckman    61 posts
    said:

    I said its "weighted" towards favorites - that doesnt mean every ticket gets all the favs

    100/1 shots will appear to win on one in every 100 tickets

    2/1 shots will appear to win on 33%

    etc etc

    No :lol: your just assuming this is what happens.
  • Im up to a bet on this if u want - put ur money where your mouth is
  • ChuckRuckmanChuckRuckman    61 posts
    said:

    Im up to a bet on this if u want - put ur money where your mouth is

    I wouldn't want you to lose anymore money.

    Introducing the Mystery bet was the worst thing they ever did.
    Of coz there for the lazy punter.
    I think you will find that 99% of mystery punters are dole bluggers, pensioners and lazy punters that can't be bothered to do any study.
  • funny thing

    I sent an email to TAB support asking if the mystery bets are random

    they have said they are

    however I am asking for further clarification from higher up as I believe they are wrong aswell

    will be happy to say Im wrong if they show me the proof
  • Official Response

    ----------------------

    Dear Mr XXXXXX

    MYSTERY BET SELECTIONS

    Thank you for your enquiry regarding how the Racing and Wagering WA betting system selects numbers for Mystery bets.

    Please find outline below the process that the system follows to determine which numbers are selected for a Mystery Bet. For the purposes of this exercise, the explanation uses a standard Mystery Trifecta as the example.

    Step One

    Upon receipt of a Mystery Bet request at RWWA?s Head Office, the RWWA betting system runs an algorithm to randomly select a percentage between 0% and 100%. This algorithm runs for each selection required on a Mystery Bet. For the purposes of this example and after the algorithm runs, let?s assume the:

    ? First selection in the bet string returns 90%, the
    ? Second selection returns 2% and the
    ? Third selection returns 33%.

    Step Two

    To reasonably satisfy customer expectation that their Mystery bets will generate likely winning numbers, (based on favourites) there is a weighting applied in this step. The weighting is based on the investment on each selection in the Win pool at that time and is ordered from largest investment to lowest investment.

    So, using the information in the above steps, the following tables explain how the system works:







    Investment for each starter in the Win Pool

    Starter Number Investment Percentage of
    Total Investment
    1 1000 9%
    2 2000 19%
    3 800 8%
    4 3000 28%
    5 600 6%
    6 500 5%
    7 1500 14%
    8 1200 11%
    Total Investment 10,600 100%

    For the purposes of this example, the Mystery selection process would ?look? like this:

    Investment % 28% 19% 14% 11% 9% 8% 6% 5%
    Starter 4 2 7 8 1 3 5 6
    Investment 3000 2000 1500 1200 1000 800 600 500

    % Spread 0% - 28% 29% - 47% 48% - 61% 62% - 72% 72% - 81% 82% - 89% 90% - 95% 96% - 100%

    Based on the above information, the system would have returned a Mystery Trifecta of:

    5 to win and 4 and 2 for second and third in any order for a cost of $1.

    In your examples where tickets have returned the same/similar Mystery selections, the algorithm will generate different percentages, but depending on how close those percentages are, will depend on what numbers the system will select. For example, the system generates 10% for the First selection on the first ticket and 24% for the First selection on the second ticket. This will result in the same number being generated for First on both tickets. In this case, the number will be 4.

    The greater the pool a starter has, the greater the chances that it will be selected through the generation process. (The percentage spread will be larger) Another issue to keep in mind is the earlier the Mystery Bets are placed, the less money is available in the pools, will likely return a greater chance of similar numbers being repeated.

    I hope this assists with giving you an understanding on how the process operates when the system selects numbers for Mystery bets.

    If you have any further queries please do not hesitate to contact me on xxxxx.

    Yours sincerely


    Tony Ellis
    Manager Wagering Operations
  • said:

    said:

    Im up to a bet on this if u want - put ur money where your mouth is

    I wouldn't want you to lose anymore money.

    Introducing the Mystery bet was the worst thing they ever did.
    Of coz there for the lazy punter.
    I think you will find that 99% of mystery punters are dole bluggers, pensioners and lazy punters that can't be bothered to do any study.
    I dont believe they are a bad thing

    its another option for people who want to have a bet

    rather them playing mystery bets than going to the casino
  • justrandomjustrandom    222 posts
    said:


    Introducing the Mystery bet was the worst thing they ever did.
    Of coz there for the lazy punter.
    I think you will find that 99% of mystery punters are dole bluggers, pensioners and lazy punters that can't be bothered to do any study.

    Couldnt disagree with you more. I enjoy a mystery bet, especially the $3 and $10 combo mystery's. Bit of a game of chance as to what you get and adds a bit of fun to the race you are watching. All in all, if you want to have a bet, be it a mystery or a well informed educated hard studied bet as you seem to do, the TAB still gets its $$$
  • lordwaterlordwater    1,127 posts
    said:

    said:


    Introducing the Mystery bet was the worst thing they ever did.
    Of coz there for the lazy punter.
    I think you will find that 99% of mystery punters are dole bluggers, pensioners and lazy punters that can't be bothered to do any study.

    Couldnt disagree with you more. I enjoy a mystery bet, especially the $3 and $10 combo mystery's. Bit of a game of chance as to what you get and adds a bit of fun to the race you are watching. All in all, if you want to have a bet, be it a mystery or a well informed educated hard studied bet as you seem to do, the TAB still gets its $$$
    Disagree as well. I am sure PUNTER who had $ 3500 Win from $ 10 Mystery bet 3 or 4 weeks back at TAB South of Perth holds the same opinion. I have seen some Wins above $ 500 by other people. Like anything else in gambling surprises do happen.
  • TheDivaTheDiva    13,248 posts
    Tab Touch and Player Mobi have made some enhancements which are now live:

    Enhancements include
    ? Ability to place Player multi?s
    ? Ability to place Player Accumulators
    ? View and link to the Next 5 Sports and Next 5 Fixed Odds Races via Player Mobi
    ? New sort functionality on TAB Touch. You can now sort fields by dividend as well as starter number
    ? Upgraded S1 ? S2 functionality on TAB Touch novelties. Selections now update retrospectively. i.e. if you pick S1 whilst making your second selection and then go back to the first selection and add a starter this is automatically updated on your second selection
    ? Upgrade display for bet preview screen. Now includes runner names in addition to number
    ? Account withdrawals now available via Mobile

    In the next few weeks we will also introduce
    ? Double Provisional Dividends
    ? Quaddie Provisional Dividends
    ? Footy Tipping tote pools
  • PunterPunter    947 posts
    Could we have up to 10 legs in a racing all-up bet and also 10 legs in a fixed odds racing bet?

    Can we have a multi for place bets. Currently a multi on fixed odds racing is only for the win.
  • LuckyLongshotsLuckyLongshots    4,270 posts
    When will we be able to bet a parlayformula bet?

    ie win and place and quinellas etc in the one all-up bet - NSW offers it, why can't WA offer it?
  • thefalconthefalcon    20,483 posts
    A guy at the charles had a mystery which gave him 3 bucks on that $108 winner at the trots a few weeks ago..he didn't get any of the novelties but he was bloody close..3rd selection ran 4th.. :cry:
    I read where most of the large divvies the TAB crow about...ie those +-50k ones are from mysteries.
    They ARE random.
  • PunterPunter    947 posts
    Do you guys like the $3 mystery bet combo? It gives you a win bet, a quinella and trifecta. One of those horses are in every type of bet.

    Do you guys like that or prefer different horses in each type?
  • licklick    366 posts
    A query as to why are we limited to placing just 10 games of Potluck ($5) - it seems a bit skinny in this day and age, and afterall you have to confirm the bet.

    Most people I speak to put $20 on - be good if can do in one bet.
  • MountainMountain    73 posts
    Player have gone up in race 2 with Ave The Snip still in the market, it's only been scratched for 8 hours.
  • PunterPunter    947 posts
    What does GMP stand for?
  • TheDivaTheDiva    13,248 posts
    said:

    What does GMP stand for?

    where are you reading that? ill find out?
  • PunterPunter    947 posts
    How come on the ozbet web site it states Open for meetings 48 hours ahead of time, yet you can't bet on them. Surely if it states Open you should be able to bet on them. They need to change Open to Closed.
  • TheDivaTheDiva    13,248 posts
    Answers to a few of these questions:

    GMP means Guaranteed Minimum Pools (ie the green ticks as previously discussed here).

    The open sign means basically that the race has been loaded. Not too much point in physically opening them 48 hours before the race.
  • PunterPunter    947 posts
    Other exchanges allows you to bet 48 hours ahead Diva. It saves me time when I already know the winner.
  • TheDivaTheDiva    13,248 posts
    can you declare them to us 48 hours in advance then please Punter? :wink:
  • The reason you can't bet more than 48 hours is because the Tab system is incapable of doing it

    The code system of PR, SR, MR etc only allows one day ahead with PS on the ticket

    It was basically designed for tickets and not for the net
  • TSSTSS    1,401 posts
    null said:

    Official Response

    ----------------------

    Dear Mr XXXXXX

    MYSTERY BET SELECTIONS

    Thank you for your enquiry regarding how the Racing and Wagering WA betting system selects numbers for Mystery bets.

    Please find outline below the process that the system follows to determine which numbers are selected for a Mystery Bet. For the purposes of this exercise, the explanation uses a standard Mystery Trifecta as the example.

    Step One

    Upon receipt of a Mystery Bet request at RWWA?s Head Office, the RWWA betting system runs an algorithm to randomly select a percentage between 0% and 100%. This algorithm runs for each selection required on a Mystery Bet. For the purposes of this example and after the algorithm runs, let?s assume the:

    ? First selection in the bet string returns 90%, the
    ? Second selection returns 2% and the
    ? Third selection returns 33%.

    Step Two

    To reasonably satisfy customer expectation that their Mystery bets will generate likely winning numbers, (based on favourites) there is a weighting applied in this step. The weighting is based on the investment on each selection in the Win pool at that time and is ordered from largest investment to lowest investment.

    So, using the information in the above steps, the following tables explain how the system works:







    Investment for each starter in the Win Pool

    Starter Number Investment Percentage of
    Total Investment
    1 1000 9%
    2 2000 19%
    3 800 8%
    4 3000 28%
    5 600 6%
    6 500 5%
    7 1500 14%
    8 1200 11%
    Total Investment 10,600 100%

    For the purposes of this example, the Mystery selection process would ?look? like this:

    Investment % 28% 19% 14% 11% 9% 8% 6% 5%
    Starter 4 2 7 8 1 3 5 6
    Investment 3000 2000 1500 1200 1000 800 600 500

    % Spread 0% - 28% 29% - 47% 48% - 61% 62% - 72% 72% - 81% 82% - 89% 90% - 95% 96% - 100%

    Based on the above information, the system would have returned a Mystery Trifecta of:

    5 to win and 4 and 2 for second and third in any order for a cost of $1.

    In your examples where tickets have returned the same/similar Mystery selections, the algorithm will generate different percentages, but depending on how close those percentages are, will depend on what numbers the system will select. For example, the system generates 10% for the First selection on the first ticket and 24% for the First selection on the second ticket. This will result in the same number being generated for First on both tickets. In this case, the number will be 4.

    The greater the pool a starter has, the greater the chances that it will be selected through the generation process. (The percentage spread will be larger) Another issue to keep in mind is the earlier the Mystery Bets are placed, the less money is available in the pools, will likely return a greater chance of similar numbers being repeated.

    I hope this assists with giving you an understanding on how the process operates when the system selects numbers for Mystery bets.

    If you have any further queries please do not hesitate to contact me on xxxxx.

    Yours sincerely


    Tony Ellis
    Manager Wagering Operations

    If you place a mystery bet on early in the day then the numbers you'll get will be very very different had you place one near jump time since there are no clear favourites for the mystery bet option when the machine gives you a mixture of favourites and roughies.

    Anyone want to add more onto this?

    Also, if you place a mystery bet with only one selection in each box or leg (for a quaddie) do you then get the four favourites? If not, how does it determine which leg of the quaddie/box of a first 4 gets the favourite or roughie?
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