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New site for laying horses or dogs in Aust.
New site for laying horses or dogs in Aust.
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Replies: 245
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Layed one in the 2nd at Globe to lose my limit of $600. Did that four minutes from start time. Tried to lay another in the same race with two minutes to go and got the #120 limit, just as swansdude had received.
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As usual the likes of Castiron and Elsu ruining things for everyone
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Sad that it looks like coming to an end. Would have to say it's the most painless $7k, I have won off any bookie.
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I have used this site and it seems ok. Quick withdrawals as well. But no one can tell me what price i am laying horses at. You are definately laying them at better than best tote and a lot of the time better than Betfair as well so can't see much point to it. I asked the company what price am i laying these things at and they said a tote formula but wouldnt give me details. Can anyone tell me what price i am laying horses at on this site. Surely you guys must know if you have been laying things on there.
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I've been betting with them for two months. Overall I wasn't disappointed with the price I was laying them at. Sometimes it was well over the best tote, but other times it was about mid tote.
The big advantage for me was that, I could lay any horse I wanted. This was not possible in the markets I bet on with Betfair. My problem is that I have been limited to lay to lose $600 and if I bet in the last two minutes, this is further reduced to $120. |
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Here is an email I received earlier in the week from the company. I made no complaint to them about having my limit reduced, so I assume they must read this forum.
I did have a chuckle when I read it. Dear ******* There has been a mass of Betfair clients joining the site. This of course means that the Betfair "cripples" are laid heavily. We allocate a $100,000 risk to every one of these runners. When the $100k is getting towards being set, client bets are reduced so that all clients get set for something. The earlier you bet the more sure of 100% setting We will be increasing the limit on these runners shortly. Runners in the market have a based of $250,000 risk prior to any client cuts. Thanks for your patronage and as promised to all our clients, we do not bar winning clients. We leave the Casino mentality to the Eurrpean Bookmakers James Block Manager |
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Apparantly initially, their excuse in regards to 500 liability on sports was it was a bug or an error and I wasn't limited. But getting somebody else to put bets through their account showed up that it was limited to mine.
The reality with them, is they have checks on the prices you are laying at with them and the BF prices on the same runners. If you fall outside a certain percentage, they increase the prices you lay at with them. So basically if you seek value and aren't committed 100% to them, they don't want your business. That is my impression anyway. Nothing new to see here. |
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I have layed many horses in the 5/1 to 10/1 price range, where the price I layed them at, was less than the best tote.
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Yes, but the system they have in place is on a per person basis. I know the system, and I know the areas that they change.
They start you off at around 23% LT 10.00 home tote, and above that price is around 40% above highest tote. After that they increase the percentages. And then they go from above 10.00 to above 5.00. Here is the lay odds for me for menangle race 1, and included are the tote odds (their data set). This was after the result, so all are firm. GT = Greater Than. LT = Less Than. And the price being tested, is the home tote. In this case, NSW, which is the first number in the odds set down the bottom. STAB middle number, and Unitab last number. Menangle Race 1. 11.34 GT 5.00 91.5% above highest tote and home tote. 33.17 GT 10.00 91.8% above highest tote 2.98 LT 5.00 32% above home tote 65.54 GT 10.00 91.5% above highest tote 21.3 GT 5.00 91.5% above highest tote 58.84 GT 10.00 91.5% above highest tote 46.39 GT 10.00 91.5% above highest tote 47.54 GT 10.00 91.5% above highest tote 176.43 GT 10.00 91.5% above highest tote 4.7 LT 5.00 32% above home tote / highest tote 6.4 6.4 6.2 16.7 15.3 17.8 2.5 2.7 2.4 34.7 31.4 27.3 8.7 7.4 11.6 22.1 31.2 26.6 20.3 19.6 24.7 24 17.9 25.3 64.2 92.6 75.7 3.8 3.7 3.4 So while you may very well be laying things between 5 and 10 at below highest tote Castiron, I most certainly am not. As I said, the formula is easy enough to work out when you know the criteria they use. As you can see, and test for yourself, right now, I am on 32% above home tote when the home tote price is sub 5.00. Anything over that, I am laying at 91.5% above the highest tote. |
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You can't argue with maths. They have a definitive odds that you will lay at. There is no reason you shouldn't know what you are dealing with. They are most certainly not random prices.
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So what you are saying, BJT, is that the lay price can vary for individual customers.
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If you are prepared to show yours Castiron, I am sure you will see that you are on a completely different calculation than me, but exactly the same parameters. If what you say is accurate, and you are still on base rate (been a while but will guess anyway), your prices would be something like:
7.67 24.52 2.85 48.18 10.52 43.28 34.18 33.2 129.24 4.46 Now they have changed things around, but when they started, this is what you would have had. Which is LT 10.00 23.6% above home tote, and GT 10.00 40% above highest tote. Care to share? |
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Used 1.4, but a search through this thread shows layPrice= (highestToteOdds-1)*1.4067 +1.....
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I have no problem with doing that. I'll message you when I get a chance in the next few days.
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BJT
Race 2 tonight at Port Pirie Layed Roseontheavenue to lose $600. I won $52.92 which is a bit less than 12/1. The final totes were VicTab 16.70 NswTab 18.70 Tatts 9.90. |
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It should tell you the final odds though? Just refresh it...
My odds to lay ROSEONTHEAVENUE is 34.9 Port Pirie, obviously has UNITAB as the home tote right? So you snuck in by 10 cents under the 10.00. (9.9 - 1) * 1.236 + 1 = 12.004. I imagine you got paid 54.50 and lost 1.58 in commission to them? Or is that after commission? 600/54.5 = 11.01 + stake equals odds of 12.01 12.004 is very close to 12.009.... Now for me, I am working on 91.5% above highest tote. So my calc is using NSW (high tote) - 1) * 1.915 and comes to 34.9... So while you are laying at 12 bucks, I am laying at nearly 3 times that figure.... Unless of course Pt Pirie is not the UNITAB? |
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Now give me a lay at above 10.00 home tote, and I bet you are paying 1.4067 above highest tote.
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http://s1285.photobucket.com/user/MyPhotoBucketPiccies/media/VIPScreenshot_zps0bb9754d.gif.html?sort=3&o=0
Does that linky work? Screenshot of my market for that same race showing ROSEONTHEAVENUE @ 34.9 |
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You should be able to load up any market of the day and it should have final lay dividends in there.
Under "Next Race" where the name of the track is, click on that, find Menangle, and go to race 1, and compare the prices I gave you with what you see on your screen... Bet the only difference is I used 1.4 instead of 1.4067, and of course a little rounding. |
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My lay prices on the first at Menangle were
7.68 27.48 2.85 54.12 10.52 48.6 38.35 39.30 145.38 4.46 |
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Sounds like rough gig. I blame Castiron for pushing their Globe liabilities over $100k per runner!!
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11.34 7.68
33.17 27.48 2.98 2.85 65.54 54.12 21.3 10.52 58.84 48.6 46.38 38.35 47.54 39.3 176.43 145.38 4.7 4.46 My lay prices vs Your lay prices It is an exact science. So no, they won't ban people, but they will make it so pointless to bet, just like the rest that don't ban you but let you on here for a dollar or 2...... |
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Website seems to have disappeared.
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may have different website re google vip bet and log in
being betting on charlton with them |
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i did what you told me to elsu & it's there again. Thanks.
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Been having trouble with vip bets software overpaying and then
doing adjustments which are incorrect and always in their favour. Is anyone else having any problems with vip bet. |
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received an EMAIL this morning from VIP
telling me i had racked up $1450 in FREE BONUS BETS due TO MY TURNOVER. it goes into your account at the end of each month... |
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interesting to see if CASTIRON or BJT received any bonus on their turnover if so I will be increasing my turnover multiplied by 4
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Elsu
Got an email from them, offering a bonus, but nowhere as big as yours. I haven't been doing much with them of late, as they have restricted me to laying to lose $600 and made it unviable to lay anything over 10/1. Good to see you are still going strong on the site. |
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im RESTRICTED as well but if i bet early 15min before race jumps
they take my bet |
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Yeah I withdrew all funds but 1 dollar a few weeks ago. Got a bonus 100 or so. Haven't really used them for months because the prices were just ridiculous. They were good for sports for a bit, but then they wouldn't lay me to over 500 liability on sport so I have just avoided them. If they were happy to take my bet I would be into it, but just too much hassle having their screen open.
Will check them out again though, see if my lack of betting has lowered my rate under laying 200% of tote price....  |
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200%?? What happened to best of 3 totes?
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Only people losing money get that, and that isn't even accurate. Best you get is 23% or so above home tote.
Perhaps you can do some reading ^ and then you wouldn't have to ask silly questions. |
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What an unpleasant little man.
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I posted 4 months ago what their base formula was. Certainly wasn't top tote. And I also posted what they change. There for anybody to read. To still, 4 months later, be asking about top tote, shows a level of ignorance to the thread, to the point where, yes, it was certainly a silly question to ask.
As for your hateful comments that are completely off the mark, it shows a certain level of lack of ability to interact socially, and the requirement of using a keyboard to try to make yourself feel better. I can assure you you wouldn't be such "a man" to my face. That is, if you ever front up the courage to leave the house where real people are. |
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Thick as a brick.
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Oh, sorry. Will try and simplify my posts to you in future..
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Just logged back in to find they will let me on to lay for 20 cent stakes. Actually the last one they let me on for 5 cents.... lol
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