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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+.
If you think you’ve got the hang of calculating
prices, why not try working out how much you can get from these horse racing odds.
|
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 |
Copyright
©1998-present. OZmium Pty. Ltd. All rights reserved.
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