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Funny Memories from Racings Past |
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oneonesit
Champion Joined: 06 Aug 2012 Status: Online Points: 37159 |
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Do you punt at all anymore Baghdad ?
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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that sort of thing did happen with detached separate rings, I suppose less so today, but I know of people being black-balled for running between rings, bowling people over in the process. Or at least warned to desist, or be banned. One bloke got into a huff and didn't come back to the races after being warned. just common sense, someone will get hurt sooner or later, I believe this is the reason betting on photo finishes was stopped, people would camp on the finish line, then dash to the ring, in the event of a photo, which in those days took a little while to be judged upon. And of course, the crowds were big in those days.
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horlicks
Champion Joined: 26 Feb 2010 Status: Offline Points: 8399 |
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I never saw it happen Max but I suspect it was possible.
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horlicks
Champion Joined: 26 Feb 2010 Status: Offline Points: 8399 |
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Another "innovation" in those days (60's) in NZ was the treble which was only available at the TAB and not on course.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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I remember an old guy telling me about his days of betting on the photo finishes, which he did well out of, over several years, until as I mentioned, it was stopped. He only bet at one track, where he lined up the mirror with a post along the outside running rail, he adjudged that line to be the actual finish line, that then ran through to the judge's box, perched high atop a skeletal framework. His mistakes were very rare, but I recall him saying he got it twice wrong, in one day, probably two of a handfull over several years. This was circa 1950, and he would sometimes stake 200 quid on a photo, which was a lot of money in those days, but the bookies would bet, albeit sometimes very slender odds. They tended to trust the race caller of the day, and if he was confident, you might be taking 1-10 or shorter. How did he make the costly mistake twice in one day ? He was convinced a gale-force wind blowing parallel to the finish straight, had changed the line, by the judge's box tower bending like a tree in a strong breeze. Rightly or wrongly, he never bet again when those same conditions applied.
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Second Chance
Champion Joined: 02 Dec 2007 Status: Offline Points: 45721 |
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And while we're at Warrnambool, a long lifetime ago....
Apprentice Louis "the fly" Toth had his indentures transferred to (Jack Barling?) at the 'Bool. Was shown to a tiny room with just a small cupboard and an iron framed bed. No reticulated water at the stables, horses being hosed down on-course. Louis' first comment: "suppose a bloke's gotta join the local footy club to get a decent shower around here."
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Online Points: 13676 |
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No, I cannot see where there is any value. When I went on track the on course market most reflected the probability of horses winning, it was the more efficient market, and the TAB had more mug money and was the less efficient market. By going on track to some obscure meetings the variance in those two markets was even more apparent and I took advantage of that. Today as far as I am aware there is only one market , the fixed price corporate bookies and the tote market, which by the time a race starts they are no different. With syndicates using computers to directly download thousands of exotic bets into the TAB computers any advantages that was previously in those markets has now been eroded . I believe those syndicates are happy even to loss a small percentage on their turnover, which of course I would be little different, to pick up the rebates on their turnover so betting for me would be a waste of time as the mathematical advantage I once had does not exist.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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A long-time "overs" player told me his best year was 1983, like a lot of these people, he stuck around too long hoping for the return of the "good old days", BB obviously saw the writing on the wall earlier than many. The combination of circumstances that allow winning opportunities, tend not to last, and one must adapt, or vacate the field.
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16244 |
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There are still plenty of opportunities to profit, you just need to look harder. Just today I came across a market on an MMA fight that occurred this afternoon and between the different books you could arb the result. One was betting $2.80 while another had the other fighter at $1.60. I was happy to empty a couple of accounts for a small profit.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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The Trump race was a live arb there for a while, TAB and Betfair.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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Unless Auntie red is right, and we wake up to President Pence
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Second Chance
Champion Joined: 02 Dec 2007 Status: Offline Points: 45721 |
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We appear to have segued from the Topic somewhat here, however guess that's entirely normal around here.
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16244 |
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Happens often enough to be able to make a little cream. I was playing a Ladbrokes promo during the football season that allowed an easy arb. Probably the most profitable promotion I’ve played to date. Hoping they bring it back next season.
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Online Points: 13676 |
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Mentioning racing between betting rings that is how I first started punting. As a young bloke I would go on the Flat at Caulfield and with a pair binoculars would watch over the track at the firmers on the Rails then run and back them with the Flat bookies when they had the original price on their betting boards , that gave me the concept that to win punting was all about beating the odds and that I need not study any form.
Over a year or so I graduated into the Paddock and then became aware there was more money to be made betting on the interstate tote in the Paddock ( the interstate tote house was only in the Paddock ) where the odds variance between the tote odds and the odds coming from interstate were more in my favour than betting on firmers with bookies. Just think, if I had been any good at football or cricket I would never had ventured to the Flat on a Saturday afternoon and I wonder how my life would have turned out. As they say, life can be fortuitous being in the right place at the right time.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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I don't know SC, anything that wins, is fun, and this is for "funny" stories.
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16244 |
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People would do well to listen to the bolder section above. Totally correct and goes for any form of betting really. You do not need to know form to win - just the maths. I mean, I’ve barely watched MMA in my life but I was more than happy to bet on it this morning when it became apparent I could profit off it!
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Online Points: 13676 |
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98.2 % you certainly would have to empty a few accounts even to make a small profit, then again you could not lose.
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16244 |
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Well I did say “small” I made about $50 from it. Small but then if you saw a $50 note on the ground you would certainly bend over and pick it up. The Ladbrokes arb was a much bigger score over a few months.
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Been to very few racecourses and the MC only once in 1996 .Terrible experience on the lawns, so crowded, couldn't get a bet on, and all I saw of the race was the horses legs as they flashed by towards the finishing post
But you gotta go at least once in your life
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Used to go to the dishlickers at Olympic Park on Monday nights. Went straight from work in Melbourne CBD. Didn't know anything about them but it was fun, only 20 minutes between races and the main reason I went was for the tasty hot dogs , hope they didn't have any slow greyhounds in the ingredients
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oneonesit
Champion Joined: 06 Aug 2012 Status: Online Points: 37159 |
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That is funny Free - but hardly surprising
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oneonesit
Champion Joined: 06 Aug 2012 Status: Online Points: 37159 |
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Bob - did you just stop all of a sudden or did you just gradually back off ? And even with the mathematical edge you must have had bad spells. Did you ever chase ?
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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yes it was a major employer, high running costs, and the take-outs were less than today, a real contradiction.
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fee
Champion Joined: 17 Oct 2020 Status: Offline Points: 785 |
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Those were the days when the only Chinese you saw were in China Town. But the thing I noticed there were heaps at the greyhound races with wads of cash, they loved the dogs
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rusty nails
Champion Joined: 20 Mar 2013 Location: Sydney Status: Offline Points: 11391 |
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Gov owned. No shareholders
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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That is the peril of privatisation.
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Online Points: 13676 |
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1+1. when I first started punting on the overs I only bet on the win & place and the last race quinella and over those years the value slowly but surely fell away on the win and place as other punters realised there were overs . As the TAB grew they introduced trifectas which were a gift from God as most punters had no idea how to stake individual combinations ( even the smarties boxed up runners ) whereas I knew if I staked individual bets I achieved huge overlays, especially at the short end of the market. Over a period of years I , like other overs punters, was able to download hundreds of bets directly into the on course totalisator, which in the long run was to my detriment because we all began to correctly stake all combinations which ultimately meant the value in trifecta betting ultimately evaporated. It is about then around 1999 that I gave it all away, although for a few more years I exploited overs on WA Trebles on the Queensland TAB. Re Bad Spells: Of course I had bad runs but by the end of every calendar month I always showed a profit. No, I never chased losses as I always knew the odds were on my favour. |
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acacia alba
Champion Joined: 31 Oct 2010 Location: Hunter Valley Status: Offline Points: 41480 |
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Should I tellthe story about the VERY famous , am sure known to all here, bloke, nicking flags off flag poles at the Irish Derby, while track riders looked on, like WTF is going on here ?
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animals before people.
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acacia alba
Champion Joined: 31 Oct 2010 Location: Hunter Valley Status: Offline Points: 41480 |
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And by the by. Have we worked out what happened to Mother/Daughter act,,,and did we all see the same pair ???
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animals before people.
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Baghdad Bob
Champion Joined: 10 Feb 2010 Location: Victoria Status: Online Points: 13676 |
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They never made it to Melbourne but no doubt they knew their way around the trots and the gallops in Sydney. When I travelled to Sydney to bet the overs during the Melbourne Spring carnivals ( all the NSW horses were always unders on the NSW TAB, meaning the Victorian horses were overs ) I stayed at the Boulevard and did not sight them when I dined in The Cross , so maybe they were just keen punters.
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