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The table below gives you a convenient way of comparing the traditional bookmakers' prices with tote prices, current bookmakers' prices and market percentages.

For example if you go down the table you will see that 3/1 is the same as a $4.00 tote price. As most bookmakers' prices are now quoted like this you will also easily be able to convert bookmakers' prices back to traditional bookmakers' prices.

The market percentage of each price is also included on the right of the table.

The closer this percentage is to 100 for the total of all the runners in a race, the fairer the prices are for the punter. The higher over 100 this percentage is for the total of all runners, the worse it is for the punter.

The higher over 100 the market percentage is for the total of all runners, the more likely it is that no matter what horse you back in the race, you are getting a price that must make you lose long term!!

Example: If you were only able to get odds on about the toss of a coin, it doesn't matter what you back, heads or tails, you are getting a price that must make you lose long term.

To be successful at punting you must understand what market percentages are all about, otherwise you are betting blind when you are taking prices about horses.

You will never get a total close to 100 on the tote because the tote cleans up punters every race, every track, every day, every state.

The best prices available from bookmakers on a Saturday meeting at Sydney will regularly total very close to 100, occasionally even under! You will never get this on the totes, which are 120+.



Traditional
Bookies Price

Tote Price

Market
Percentage

1/2 1.50 66.67
8/15 1.53 65.22
4/7 1.57

63.64

8/13 1.62 61.90
4/6 1.67 60.00
8/11 1.73 57.89
4/5 1.80 55.56
9/10 1.90 52.63
1/1 (even money) 2.00 50.00
10/9 2.11 47.37
5/4 2.25 44.44
11/8 2.38 42.11
6/4 2.50 40.00
13/8 2.63 38.10
7/4 2.75 36.36
15/8 2.88 34.78
2/1 3.00 33.33
9/4 3.25 30.77
5/2 3.50 28.57
11/4 3.75 26.67
3/1 4.00 25.00
13/4 4.25 23.53
7/2 4.50 22.22
15/4 4.75 21.05
4/1 5.00 20.00
9/2 5.50 18.18
5/1 6.00 16.67
11/2 6.50 15.38
6/1 7.00 14.29
13/2 7.50 13.33
7/1 8.00 12.50
15/2 8.50 11.76
8/1 9.00 11.11
9/1 10.00 10.00
10/1 11.00 9.09
11/1 12.00 8.33
12/1 13.00 7.69
14/1 15.00 6.67
15/1 16.00 6.25
16/1 17.00 5.88
20/1 21.00 4.76
25/1 26.00 3.85
30/1 31.00 3.23
33/1 34.00 2.94
40/1 41.00 2.44
50/1 51.00 1.96
60/1 61.00 1.64
66/1 67.00 1.49
80/1 81.00 1.23
100/1 101.00 0.99

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