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Punt to Win |
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1/8/2003 edition Tote or Bookmaker Odds Randwick: Comforts Go Ziggy Patezza Results for over two years have now been updated on a weekly basis. We have not kept a running total of the difference between the tote and bookmaker. However, anyone who has been following these updates over a period of time will know where the best odds are for horses starting around $5.50 in Melbourne/Sydney on a Saturday. You can access the index to these results by clicking here. A race full of unraced 2YOs is of course generally another matter. The tote still bets to 120% but the bookies, in order to try and avoid insider knowledge hitting them badly in that type of race, set understandably high percentage markets. Bookmakers can lose betting on a race. All the tote does is lower the price everyone gets if more money comes for a horse so that the tote must win on the race. No betting plunge on any race can beat the tote. Betting plunges can beat the bookmaker. Personally I won't back well supported tote horses in tote markets of 120%, because I cannot control the minimum odds I receive, compared to bookmaker top fluctuation markets which are often below 110% in Sydney on a Saturday. This edition of Punt to Win: Back Tote Longshots?
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| Disclaimer: This site covers various aspects of horseracing in Australia. We provide betting tips, online gambling strategy and links to many thoroughbred sites. OZmium Pty Ltd is not responsible for the content of the links and also accepts no liability for financial loss or misadventure caused by the information provided here. We strongly recommend you bet within your budget and only with money you are prepared to risk. | |||
