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Funny Memories from Racings Past |
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horlicks
Champion Joined: 26 Feb 2010 Status: Offline Points: 8373 |
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Posted: 29 Nov 2020 at 5:53pm |
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That 7 was from 12 months ago so could have been changed to take into account changes since then
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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My understanding is that there is still the price assessor but instead of doing it off the on-course bookies they do it from a selection of corporates. I had no idea either until I was at a random Caulfield meeting in the middle of winter last year. I noticed that none of the bookies were betting the official price. They were either all lower or all higher (can’t remember which) than what was reported on the monitors. Asked one of them about it and they said it was done off the corporates now.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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Beteasy, of course, has been folded into Sportsbet.
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Second Chance
Champion Joined: 02 Dec 2007 Status: Online Points: 45321 |
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Just as a matter of interest, to what extent if any are any of those mentioned co-owned?
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horlicks
Champion Joined: 26 Feb 2010 Status: Offline Points: 8373 |
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Apparently it is the fourth price of a group of 7 comprising TAB, Sportsbet, Ladbrokes, BetEasy, Bet365, TopSport and PointsBet.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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I think it is more or less assessed "independently" by someone, looking at a spread of available on-line odds, my feeling in they undershoot the prevailing odds a tad. Naturally the bookies would not complain about that.
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Offline Points: 13599 |
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Unbelievable that corporates determine official SP. Do punters still bet SP ? In the olden days the SP was determined by an independent price assessor employed by the racing authority.
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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Does not surprise me to hear that Bob. If you can believe it, the corporates.
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Offline Points: 13599 |
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E&E a lot of those old style plungers were orchestrated with the help of on course bookies who 'pitched' the odds ( blew them out in the betting ring ) so that plungers could get on at inflated odds at interstate betting rings or on the on course itself.
Who determines Official SP today ?
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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On course books do not even determine the official prices now either.
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Offline Points: 13599 |
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I doubt into the future those plunges will ever be replicated again.On course bookies of today are a light of those on course bookies in the past who took on mammoth punters like the Fireman, the Legal Eagles etc, for not only are there no bookies of that ilk there are no punters of that ilk on the track.I cannot blame the bookies as there are few mugs on the course anymore, they are in TABs or bet with the corporates on their computers.
Although I have not attended a race meeting in ages ,apparently the betting ring today is nothing like it was when at any metropolitan meeting on a Saturday there would be 30>40 bookies taking bets from thousands of punters, but from all reports barely 10 bookies are on track catering for a handful of punters. Unfortunately on course racing just does not appeal to the masses as it once did.At some provincial mid week meeting in Victoria only 4 or 5 bookies are on course. This year, due to COVID 19, has accentuated the decline of on course bookies, from which I believe on course bookmaking will have difficulty recovering.
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TIGER
Champion Joined: 23 Feb 2007 Status: Offline Points: 8533 |
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I miss the old stories of the fireman and the plunges he pulled off, or the massive plunge on Charlie Bubbles that landed the cash at Randwick, 40/1 in to 4/1 and bolted in
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EAD
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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30+ years ago, TAB tickets were handwritten, a carbon copy kept, and the only way to be paid, take that ticket back to the point of sale. One day at the track, the three legs of one TAB treble in one of the 3 or 4 states they were then selling them, had been completed, but there were still other races left in the day. One "gentleman" drew the alleged winning ticket from his pocket, on the completed treble, and tried to auction or sell it at a discount, he explained he had no cash left, and needed to back something in the last somewhere. The div was $1300-odd, but he would let it go for $1000, and the recipient would only need to make their way to a specified suburban TAB to collect the larger sum. One chap appeared interested in the deal, but in stepped a doubter, who said it would have been easy to alter the ticket with a biro, so that the last leg read "13",the winning number, by simply having had just "1" ( the beaten favourite) in the square. The exchange then became a touch heated, but the result was, "no sale". It will never be known if that was a valid ticket, but it has to the outsider of the two possibilities. I'm not sure if the tote machines at the track in those days were set up to produce a treble ticket, I doubt it, but if they were, the chances of it being a con, shortens dramatically.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 36895 |
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 36895 |
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"Tarax bottles" - absolute crack up Bob
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Offline Points: 13599 |
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In hindsight I think they were Tarax bottles.
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EnableMe
Champion Joined: 11 Aug 2020 Location: Creswick Status: Offline Points: 581 |
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One TAB rort around '91 involved the telephone betting operators who were placing bets on clients accounts. Not sure how they got the money out or any benefit. One thing I do know is that one of the ring leaders was a guy named Andrew Grima.
I went to school with the grub and may have saved his life one day when a much larger unit was on top of him on the ground and choking him to death. Grima had gone blue and none of the crowd seemed to care. Most seemed to be blindly cheering on the attempted murderer rather than showing any concern for the victim. I stepped in and dragged the assailant off Grima resulting in no end of BS from his wannabe mafioso mates for months after. Nothing like a good Catholic education eh?
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longevity does not equate to credibility
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EnableMe
Champion Joined: 11 Aug 2020 Location: Creswick Status: Offline Points: 581 |
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One of the first times I went racing was with my older brother to sell ice creams at Caulfield during the Spring Carnival. Late in the day he came up to me and asked for a dollar as he'd found a way to make some extra money. Off he went with the dollar and along with his own money placed in on a horse called Manaroa. It had a picket fence next to it's name so my brother figured it was easy money as this horse never lost.
It saluted at about 7/1 and almost doubled my day's earnings. A case of the more they win the better the odds. I was sold on the caper there and then. Mind you I don't think I had another bet until 2-3 years later though. The floodgates opened after that.
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longevity does not equate to credibility
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EnableMe
Champion Joined: 11 Aug 2020 Location: Creswick Status: Offline Points: 581 |
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1-1-Bob a Job was excellent education for young lads. It taught you all you needed to know about workplace exploitation. I swear some treated the "bob" in the title as a price list. The old Australians rorted us just as well as any newbie.
Talk about "be prepared" - LOL. SC it might not have been a contest between me and BB but he wins. My dad would bring the station wagon up to the gate so we could load in the cans. BB had it much tougher dragging his haul back to Bentliegh. BB my grandparents lived for many years in Wright St Bentliegh until grandpa died. I don't recall coke bottles at any games so you probably have a couple years on me sir.
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longevity does not equate to credibility
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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Before the TABs were privatised, but had been corporatized, so far as I know, rebates could not be legally paid. I remember being at a track in the early 2000's when govt officials conducted a raid, sniffing around to investigate rumours that selected punters there enjoyed kickbacks. I later learnt some were being paid a very modest % of their turnover. One ex-bookie from Sydney, a very well known name, who had become a punter, found a better way, buy a small totalisator operation, and bet through that, and get back maybe 5 or 6%. However, that ended when he was unable to settle at the end of one period, maybe monthly, there being the obvious need to pay a % of the turnover to the Treasury and racing industry. That was resolved when he had to sell his operation back to cover the deficit. He had been betting up big, and despite being able to get that credit for turnover, still lost.
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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The Hayson incident was with Curley Seal yes. Think they ended up on court but can’t recall the outcome.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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Wasn't that the Curly Seal thing ? I don't know how that ended up.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 36895 |
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Actually your one wasn't the Hayson sting - it was the top one
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 36895 |
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Yeah - a few goodies on here - including the Eddie Hayson sting you mentioned ; |
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 36895 |
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 36895 |
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Some classics among this lot. Hard to go past Mathew Cahill's ride - & the pommy fellow who got the winning post wrong
https://www.punters.com.au/news/top-10-jockey-blunders_128992/
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acacia alba
Champion Joined: 31 Oct 2010 Location: Hunter Valley Status: Offline Points: 41248 |
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Should I tell the story of when I met my OH over a bar at a country race meeting ???
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animals before people.
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acacia alba
Champion Joined: 31 Oct 2010 Location: Hunter Valley Status: Offline Points: 41248 |
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Ahhhhh,,,there is the spelling nazie Welcome back Whale .
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animals before people.
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16226 |
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Speaking of pool manipulation, does anyone remember the Canadian guy who manipulated the place pool on some dog races on the QLD tab back around 2000? Had $350k the place on each of the fav and 2nd fav and another $5k the place on the remaining 6 runners. Because of the minimum money back payout the other 6 ended up with massive dividends - around $46 from memory. Needed 1 of the favs to run a place to be in the money.
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oneonesit
Champion Joined: 06 Aug 2012 Status: Offline Points: 36895 |
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After 2 minutes you are stuck with the bet
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