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Online jfc

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« 2019-Jul-21, 07:34 AM Reply #75 »
I'd venture the perps who concocted the O&E must get sick in the gut whenever an O&E fails to pay a dividend. Because such NoPays are a stark testament to its unpopularity.

In that case imagine how they must feel after the dogs yesterday - a Saturday!

From 75 races there were 23 NoPays!

Even at Wentworth Park and Bulli!

$3696.70 for the Merged Pool at WP1 yet nothing on the Favourite O&E.

And for good measure look at R10 where the O&E paid $1.00!

Wonder how much those 2 girls from the incessant O&E ads were jumping for joy!


5 The Gardens
1 Bulli
1 Wentworth Park
3 The Meadows
3 Bendigo
3 Ipswich
7 Cannington

23/75

Online jfc

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« 2019-Jul-28, 05:33 PM Reply #76 »
O&E turnover is continuing to tank.

And here is an amazing result.

This was the biggest Quinella on the main Victorian Gallops meeting.

Yet not one soul managed to get the O&E! (Nor the Trio).

First time I've noticed a Gallops O&E that did not pay.

Obviously not a good omen.

https://www.tab.com.au/racing/2019-07-28/BENDIGO/BEN/R/9/Win

Offline Peter Mair

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« 2019-Jul-28, 09:00 PM Reply #77 »

Some accountability, please

Mistakes are made in product development -- and in 'focus groups' misled to believe that 'this one' will be a winner.

Think 'edsel ford'.

The apparent mistakes in the promotion of 'O&E' betting are of a different dimension.

................. no sensible one would have believed the product would  have contributed much to the RNSW  pool for the 'funding of racing' .

................... conversely, apparently, some racing administrators did believe that ........... and, worse, they encouraged the 'independent' racing media to give prominence to party-line reports of their belief.

That farce only exposd the racing media as dictation taking lackeys --some payback is well overdue.

How can the Nine-Fairfax bunker hold the line on 'independent always'?

Now, come mountain-climbing time, these same administrators will be similarly 'asking' the independent journalists to report 'Trump like crowds' attending the soon to  be un-royal Randwick.

......... the question to be put ...... this year and last............is how many 'free' on-course tickets are to be distributed for the mountain day?


Online jfc

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« 2019-Aug-04, 08:57 AM Reply #78 »
Stopped recording O&E for Dogs on July 28.

Here are the complete results for level staking the Field.

2425 Pays
347 No Pays

$7,275.00 Outlay
$6,143.72 Return
$1,131.28 Loss
15.55% Loss %

Confirming my earlier observations that the actual Rake is over 2 times the claimed Rake!

26.71% Odds
12.50% Evens
7.44% Split

Offline Peter Mair

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« 2019-Aug-04, 06:38 PM Reply #79 »


Any suggestion that racing administrators may have 'miss-spoken' is out of order.

Offline Peter Mair

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« 2019-Aug-06, 08:23 PM Reply #80 »


What figures are the administrators feeding to Richie at Racenet?

TRACKING ABOVE TARGET
 
When the TAB launched its new betting type ODDS & EVENS the potters were quick out of the gates.

Every television show isnít suited to your liking and itís the same with betting but sometimes you need to open your eyes and think 'will others like it'?

Odds & Evens has a big job to do as it is the funding model behind the $7.5 million The Golden Eagle and some new $1 million prizemoney races in the trots and greyhounds.

My mail suggests the early figures are highly promising and tracking well above initial expectations. 

Online jfc

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« 2019-Aug-06, 08:29 PM Reply #81 »
I actually happen to know the O&E is tracking.

Watch this space.

But, for now I'll wager my testicles that Richie's mail has its pants on fire.

Offline Peter Mair

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« 2019-Aug-06, 09:38 PM Reply #82 »

Is the plot sickening?

If the figures paraded by 'jfc' are close to the truth, it raises questions about what contrary figures are being given to Racenet.

Richie has placed a big bet on his credibility as 'independent'  -- as did Clinton Payne, even before the pattern of figures was established.

.... commonsense dictates that observers put O&E in the same basket of confusing nonsense as 'spinner' and 'duets' and 'et al' that attract pools of no consequence making little if any difference to the total TAB take.

.............. why would Racenet get involved apart from asking RNSW/tabcorp for the true figures.

In the background is the prospect of a takeout of Racenet as the news-corpse stirs.

 

Online Jeunes

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« 2019-Aug-07, 07:35 AM Reply #83 »
I actually happen to know the O&E is tracking.

Watch this space.

But, for now I'll wager my testicles that Richie's mail has its pants on fire.

JFC,  I think you are safe. Not the first Richie got something wrong. I liked his dadís columns better.

Nowadays, people donít question most figures given to them as how they are calculated is confusing to many. In the old days mental arithmetic was a norm, now it has no relevance to many or logistics of credibility when it comes to numbers.


Offline Peter Mair

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« 2019-Aug-19, 09:13 AM Reply #84 »


Lets play a numbers game with tabcorp- -- take 8 out and put 9.5 in

The odds and evens stunt continues to take a toll on the credibility of racing administrators and media-men taking dictation from the administrators in writing their stories.

Assurances that the O&E scam would deliver a net $9.5 million addition to funding for racing in NSW are now exposed as the nonsense they always were.

The usual Monday racing-wrap in the SMH this morning juxtaposes two stories that may be closely linked and not cleanly separate.

Consider these extracts:

Board meets over $8 million shortfall

The Racing NSW meets on Monday when it will have to decide what to do about an $8 million shortfall in the TAB distribution to clubs this year. It is expected Racing NSW will make up the shortfall to ensure clubs can continue to trade with confidence.

Odds and Evens struggling

The racing codes were briefed last week on the results of the new Odds and Evens bet, which is set to fund the $7.5 million Golden Eagle and $1 million races in the dogs and trots, but the first couple of months has been disappointing.
The funding is guaranteed for three years by Tabcorp from the Odds and Evens bet, but it is long way from meeting expectations


.... now...... the way I read it, tabcorp is committed to put in more than it did not put in as planned.

What is going on here?

The racing minister should investigate and report on the background to this double shuffle

Offline Peter Mair

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« 2019-Aug-22, 09:36 PM Reply #85 »


.............. the week has unfolded without anyone who took the dictation apologizing and recanting

Online jfc

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« 2019-Sep-20, 06:38 AM Reply #86 »
For 1200 races covering the top NSW and Vic venue each day.

1.874% O&E share of Merged Pool

1.910% O&E/Quinella

3.917% 1st 50 races O&E/Q

3.603% 1st 100
1.934% Next 100
1.648% ....
1.688%
1.676%
1.633%
2.063%
2.042%
2.075%
1.561%
1.766%
1.328%

In the middle there were some curious sporadic surges where there was an extra $500 or whatever on certain races, but presumably the rusted on perps have grown sick of throwing good money away.

At a recent ~1.6% of the Quinella Pool the O&E is a massive failure.

Offline Peter Mair

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« 2019-Sep-20, 08:19 AM Reply #87 »

Mushroom farming -- feeding punters

On reflection nothing that was said about the 'new' O&E bet option had any proper foundation in likely reality.

.........the racing media men who toed the party line to extol its virtues and prospects ......now look like dunces -- and worse!


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