3rd September 2015, 09:44 AM
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Member
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Join Date: May 2013
Posts: 102
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Quote:
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Originally Posted by Pat123
How do bookmakers bet into the tote once betting is closed and the race is off? How do they actually do it?
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I imagine that only the corporate that runs the tote can do it after it's closed, which would give their fixed odds business a big advantage. I have heard that the TAB let their most special customer do it as well. I have also heard a story about a phone operator making a mistake and then correcting it while the race was in play.
That's all just unsubstantiated rumours.
One thing I know for sure is that after they close there is a delay while all of the money from the co-mingled pools comes in, which definitely accounts for some of the price movement. |