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4/10/2008 edition

Best Betting Odds

Does "the tote always beat the bookmakers"?

Many punters often turn a blind eye to facts. They don't record the details of their bets. They remember their wins but conveniently forget about all their losses. Similarly, plenty of punters who just bet on their local tote like to think the odds they get when they win doesn't make a difference to their overall results. They say things like, "Bookmaker odds are useless these days. The tote always beats them." Those comments have even been posted on the forum of this site. But they are not correct.

For metropolitan racing in Melbourne and Sydney, where there is the biggest betting turnover, bookmaker odds for the most popular horses in the market are generally far superior to tote odds. This is particularly true on Saturdays. The exception would be races where there is minimal form available, for example a 2YO race full of first starters. That doesn't worry smart punters - they're usually not interested in betting in races like that.

Many punters don't even get the best tote odds, but just the price available on their local tote. Yet these same punters will say, "Tote odds always beat bookmaker odds."

This edition of Punt to Win:
Do tote odds beat bookmaker betting odds?
The Professional Punter's horse racing news
Get those betting odds
The New Jockey horse racing betting system
Horse Watch betting system - future winners
Betting favourites in small field: 27/9/2008
Betting favourites in small field: 20/9/2008 & 13/9/2008
Best odds for well bet winners - bookmaker or tote?
Plunge horses - betting tips from the track: 27/9/2008
Plunge horses - betting tips from the track: 20/9/2008
Plunge horses - betting tips from the track: 13/9/2008
Betting top weights - horses carrying a weight handicap of 59kg.
Future winners - unlucky horses
Punt to Win 13/9/2008
Punt to Win index


2007 Melbourne Cup Carnival Winners
Best Tote Odds

Horse

Get these prices? Or these prices!! Extra Profit $10 bet
Distant Melody 26.00 49.90 $239
Montechoro 15.00 22.30 $73
Efficient 17.00 24.10 $71
Sculptor 21.00 24.90 $39
Partiva 21.00 24.30 $33
Count To Zero 13.00 15.70 $27


 

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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.