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29/3/2002 edition

TAB Betting Odds:
Loyalty Costs You Money

We make this point every year at Carnival times. Punters flock to back their home state horses when they compete against the best from around the country.

Queensland filly Calaway Gal paid $15.10 for her Golden Slipper win on the Victorian and New South Wales totes. She started at $14.00 in the bookmakers' betting ring. But by comparison she paid a miserable $9.50 on the Queensland tote. Those loyal Queenslanders won $56 less for every $10 win bet they placed on the Queensland filly.

Your home state tote usually repays loyalty to your local horses racing interstate by slashing the dividends you get if you win. Plenty of punters will reply with, "What's wrong? It's better backing Calaway Gal and getting $9.50 than backing another horse and losing the bet."

Of course it is. But that is missing the point. As punters we need to aim to get the best betting odds we can. It is hard enough backing winners at decent odds without taking massive unders on them. There is no refund on losing bets so it is essential to squeeze every cent out of the odds when we back a winner. It is just not possible to stay in front if big unders are obtained on winning bets.

Next pages
Jockey Watch - the contrasting tale of two jockeys
Money talks - plunge horses
Future winners at big odds
Betting packages


Back Tote Longshots?

Horse

Get these prices? Or these prices!! Extra Profit $100 bet
Toledo 39.40 48.50 $910
Raise Your Bid 24.20 29.90 $570
Calaway Gal
9.50
15.10
$560


Back These Winners?

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

Did you back any of these winners recently?
If you did, see the minimum prices you should have received. Make sure you do
!
Remeber short priced tote favourites
are losing bets.

Horse

Get these prices? Or these prices!! Extra percentage won Extra Profit $100 bet
Youhadyourwarning
2.50 3.40 60% $90
Ugachaka
3.20 4.00 36% $80
Ethereal
4.70 7.00 62% $230
Royal Code
2.50 3.20 47% $70
Sixty Seconds
3.30 4.20 39% $90


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