Warwick Farm, Saturday, 23rd. February 2002
Horse, jockey and trainer	Firmed from		% Firm	Finish	Beaten margin
Lupenta	2.30	2.00	5.56	6/6	4.4 lengths
Brian York			Gai Waterhouse
Plea	2.90	2.50	5.22	5/7	9.3 lengths
Jim Cassidy			Graham Rogerson
Snowland	2.90	2.30	9.66	1st.
Chris Munce			Gai Waterhouse
Defier	9.00	6.00	5.56	2/14	1 length
Rod Quinn			Guy Walter

Not one horse firmed 5% in the boookmakers' betting ring on Blue Diamond Stakes Day at Caulfield. That was because the bookmakers were opening their markets to very high percentages and easing the prices out when little or no money came for the horses at those poor value betting odds.

The racing media will regularly tell you there is no money for anything in the betting ring. But don't expect them to tell you that the market opened at 150% so horses should ease in the betting to more realistic prices.

How many in the racing media really understand betting percentages? They are promoted as experts. If that promotion is correct then every one of them should understand betting percentages. If so, it makes no sense to tell us there was no money for anything in the betting ring when prices eased from 150%.

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Future winners at big odds
Betting packages

Warning
Short Priced Tote Favourites
These are losing bets.

It is just about impossible to get a high enough strike rate backing short priced tote favourites to make up for the big unders on the tote.
If you regularly get poor odds you must lose.

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