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it is far from my first day out in terms of betting and racing in general, but some of the jargon on here has me lost
a friend of mine was or may still is an SP reporter. i'm going to check this out with him |
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What exactly has you lost, happy valley?
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all the abbreviations, BOG for instance.
any help for us expats gratefully accepted! |
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your on here 15 years and you dont know what bog is?if you dont after 15 years you dont deserve to know
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happy valley, BOG means "best odds guaranteed".
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BOG OFF,WOULD HAVE BEEN MORE APPROPRIATE IMO
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Big Boss
13 Jul 17 10:59 Joined: 08 Jun 02 | Topic/replies: 3,858 | Blogger: Big Boss's blog the reps force the price down in increments pre-off and into a target price (the B.O.G. price that they have have laid throughout the day). oncourse no doubt hedge it back on the exchange, a 500k BOG liability say is wiped out for a couple of grand via the reps on the track. everyone is a winner, EXCEPT the punter who has a BOG price or the punters doing their conkers in the shops. What about the on course punters backing with the on course bookies? No wonder no one wants to go racing anymore. |
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thank you sparrow
i am going to have to re-read the whole thread to try to get my head around what is going on! |
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mccoy carp,
i'll think you'll find that all oncourse punters had placed their bets and were back in the grandstands well before the price drop to the returned sp. just before the off. unless ,of course , you believe course punters take starting price |