Time to Quit

Looks like a fair number have followed you out the door if the US horse racing forum is anything to go by.

wesdag,
its also had a knock on effect for us UK based users as the liquidity has gone.

Had to put on a bet in shop and take the SP last week as the liquidity on here was non existent.

U.S players still have the tote option. When you weigh everything out, totes are superior to betting on here. And if you can't make money on totes, you are in the wrong business anyways.

single digit horse are very poor US better tote most times and outsiders are a joke on here.If the tote price is 34/1 lucky to get peanuts on here at 25/1.
Complete joke and dont forget up to 60% winners tax tskes that 25/1 you took on here down to 9/1

And after 4 1/2 years people who bought in at betfair IPO have made nothing but a large hole in their accounts.

you cannot bet singles on american tote. end of

single digit horse are very poor US better tote most times and outsiders are a joke on here.If the tote price is 34/1 lucky to get peanuts on here at 25/1.
Complete joke and dont forget up to 60% winners tax takes that 25/1 you took on here down to 9/1


Jesus, you poms love a good whinge, don't you.

You comment is complete nonsense. The U.S. tote is subject to crippling take-out percentages that make it nearly impossible to show a profit unless you've got half the jockeys in your pocket.

Betfair prices are way superior to the tote on most runners. I've seen horses starting at 3 to 5 on the tote which have been offered at better than evens on here at some stage of the betting. It happens all the time. If you've done the form and know that the horse should be odds-on there's no excuse not to take the price while its there. Sure they'll shorten up before the jump but that's only to be expected.

It's the fluctuations that create the value. Get on at the right price and you're laughing. It's just one price for all on the tote, like it or lump it. That's why exchange betting sh1ts all over the giddy goat ... every bloody time.

As for that comment about the effect of the 60% PC on your price, that is only the case if you make only one bet per week, or if every bet you make in a given week is a winner. If you make several bets in a week, some of which are winners and some of which are losers, the 60% tax on your over-all winnings for the week does not equate to a 60% reduction in price of every bet you make. It's still a significant reduction I will admit, but nowhere near as bad as you're making it out to be. And for those on 20% PC the effect is even less.

U.S players still have the tote option. When you weigh everything out, totes are superior to betting on here. And if you can't make money on totes, you are in the wrong business anyways.

More rubbish.

tote betting funds a massive industry in US...............only mugs bet on the tote FACT..............think the US deduction is over 30%.........aus deduction is about 15%............you do the maths. cannot win on the US tote.

Your guys ignorance is laughable, Pittsburgh phil thats a hot one. The real Phil was a man who made it on totes , not churning out pennies on here. Most US totes are around 15 to 18 % on wins. 18 to 22 % on exotics. The odd track will take out up to 25% on tri's supers.

Betfair is finished now for winner.Only losers having fun like FOTB fans.

rink rat said:
Your guys ignorance is laughable, Pittsburgh phil thats a hot one. The real Phil was a man who made it on totes , not churning out pennies on here.

You're calling me ignorant. Now that is an absolute howler. The real Pittsburgh Phil operated in the days when bookmakers were legal on U.S. tracks. And he won all his money from bookmakers. Pittsburgh Phil was a huge punter. If he had bet on totes his stake would have smashed his own prices. He would have been getting his own money back, minus the take-out. His only hope would have been to get a rebate deal like Mr Z.

Do some bloody research before you come on here making outlandish statements.






Most US totes are around 15 to 18 % on wins. 18 to 22 % on exotics. The odd track will take out up to 25% on tri's supers.

Aqueduct's win take-out is over 19% based on a sample of last night's results:

Aqueduct Feb 22, race 2           
HORSE            Odds/1    % odds    Market %
Irsaal             0.95     51.28   
Snake Pit        5.90     14.49   
BalanceOfPower   9.20      9.80   
This Hard Land    28.50      3.39   
Rush Now     2.70     27.03   
Modern Child    16.30      5.78   
Joan's Choice    11.20      8.20    119.97


Aqueduct Feb 22, race 4           
HORSE                    Odds/1    % odds    Market %
Zivo                      1.75     36.36   
Sinistra             29.75      3.25   
Beautyinthepulpit     13.50      6.90   
Awesome Vision              3.20     23.81   
Money inyour Pocket      9.40      9.62   
Comandante              1.50     40.00    119.94


Aqueduct Feb 22, race 9           
HORSE            Odds/1    % odds    Market %
Farhaan              3.10     24.39   
Percussion      1.55     39.22   
Jonesy Boy      4.90     16.95   
Mail              2.10     32.26   
Gourmet Dinner     13.10      7.09    119.91


A bit higher than the 15% to 18% suggested by rink rat.

Sorry those columns didn't line up properly, but you get my drift.

The quote about not being able to back outsiders on here is laughable.
I lay long in the US and up until a year or so ago I was making quite a nice profit laying at roughly twice the tote odds quoted at the time on average. Now I am treading water because I am finding it hard to get on offering 3x the tote odds. Some layers seem to go crazy. I am seriously thinking of switching to backing.

the overround on teh US tote is at least 130%

Salmon,

you must be doing well not lay the occasional big priced winner!

I guess being very selective is the key.

I have always layed quite a few but not as many as if I try laying in handicaps in GB. It's a question of percentages. In the US until a year ago with a certain amount of care and attention I found the percentages were in my favour. Now it's by no means so clear.

http://www.horseplayersassociation.org/hanatrackratingsbyoverallscore2013.html