12th December 2005, 02:06 PM
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Member
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Join Date: Dec 2005
Posts: 25
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Quote:
Originally Posted by jfc
The liquidity is irrelevant, because
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i sorry but statements like the above give me grief.
liquidity of Austote pool is very much a concern.
take the example given before of $92.25 winner. i have very good longshot system which did not pick this horse this day but for sake of example assume it did. i put $100 on this longshot system so if i bet with austote this horse then only pay $41.80. less than half of published dividend. (yes still better than best tote but this will not be case always)
take another example. on same day i actually pick princess fong at caloundra. it pay $1.90 on austote. (i actually get better than this but that different story). this system i put $1000 onto winner. if i put this on austote it only pay $1.20.
yes it true that same money on any tote will effect dividend but it not effect dividend much as on austote. pool at caloundra on tab was ~ $22000 pool at caloundra on austote was $557. i put this bet on tab and price change from $1.80 to $1.70 (maybe $1.60)
let me say i very much like austote. i think is good idea and i very much like to see liquidity improve so i can bet much there. unfortunately i very much like to win and therefore i only place very small bets on austote. yes i use austote but only for testing new idea with very small dollars. here austote very good and generally pay good. with big money have to be very careful not to effect dividend too much.
Thank you. Winston.
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