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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