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what shoud have happened yesterday under the system was that a random 12 from 150 bookmakers computers should have been used to get the sp.the 12 chosen should have been bookmakers who take a reasonable sized bet.with betfr backing them this probably reduced the number to 50+.THIS WOULD HAVE WORKED JUST FINE AS LONG AS NOBODY KNOWS WHO THE 12 ARE.the problem is that with the firms having bets such as
10,000 to 700
10,000 to800
10,000 to 900
with certain firms and not others an sp which should have represented the average price available did not happen.two points.
1.if this system is to continue the 12 books must be known by only the sp returners and must vary from meeting to meeting.
2.if oncourse money is used to get the sp it probably would have been returned less.it was only the hedging facility on here that held it up.pre exchanges the price would have collapsed.
on a complety seperate point what to do when the offices are piling on is interesting.by the off there taking 11 about a horse that is 19 on here and and probably only that cos of the mcoy factor.(same as the dettori mag 7 day)do you hedge or stand.contrary to public belief on here there are books who have a go(not me)and a few had a go yesterday.
10,000 to 700
10,000 to800
10,000 to 900
with certain firms and not others an sp which should have represented the average price available did not happen.two points.
1.if this system is to continue the 12 books must be known by only the sp returners and must vary from meeting to meeting.
2.if oncourse money is used to get the sp it probably would have been returned less.it was only the hedging facility on here that held it up.pre exchanges the price would have collapsed.
on a complety seperate point what to do when the offices are piling on is interesting.by the off there taking 11 about a horse that is 19 on here and and probably only that cos of the mcoy factor.(same as the dettori mag 7 day)do you hedge or stand.contrary to public belief on here there are books who have a go(not me)and a few had a go yesterday.
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The whole game is a charade, if one is getting a few quid great if not tougfh.
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MORNING WEE ECK, READ MY THREAD PLEASE VALUE YOUR THOUGHTS.
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