MAJESTIC

BOYS GET PAID

Recommended Posts

Having invested (very small amount) I have no updates as to how their bets went. Do not know what their bets were. Can anyone enlighten me on whom they spent the money and were there any returns. Obviously all was lost as no deposit from a dividend has appeared in my TAB account.

Share this post


Link to post
Share on other sites

9 hours ago, chevy86 said:

Only collect I can recall is Elegant Lady, Race 7 Riccarton to finish in first 4 and it duly finished 4th! I may have missed something but time to change the moniker from Boys Get Paid?

Why be so negative, surely they should be encouraged look how many people they bought in to the fun and I know most had a bloody good night, even if they did not win, a small investment for a chance to win big hell thats worth a few bucks, but overall I am sure some of them have been hooked by the thrill of the experience, shame some on here cant recognise the benefits of getting newbies involved.Good on BGP I say.

Share this post


Link to post
Share on other sites

VRC in MLB run a $10 Punters Club at their Saturday meetings and have been for some years now

Target Market is “the newbies” to get them involved with an interest in 5 or 6 races. Works a treat with many newbies returning.

Anything to get them back is worth a shot, and from the VRC annual report their PC is an investment goldmine for getting the newly initiated back

BGP is a great tool and is to be applauded 

Share this post


Link to post
Share on other sites

As a member of BGP since its beginning, the last 2 years are the worst for returns of their big investments on Karaka millions night.

It's the risk you take with any investment and if you cannot afford it, don't bet or join BGP.

Getting new people into racing must help the industry.

I do get winners from their weekly email with their 9 trotting and galloping tipsters best bets.

Having worked once with Luke for 2 years I've never met anyone with as much enthusiasm for racing as he is.

Hopefully they'll take last night on the chin and carry on.

Share this post


Link to post
Share on other sites

1 hour ago, nomates said:

Out of curiosity because I don't really follow BGP , have they ever given a good return to investors ?, or is purely being a part of big bets and return is irrelevant .

In the earlier years the ROI was quite good, and it sadly had some industry participants accusing them of favouritism by the TAB, and draining money out of the industry by bleeding the TAB for a day or two.  They are noticeably quiet when its the TAB having the last laugh. 

BGP are on a hiding to nothing really, no matter the results.  The chat group in the app brought out the best of the negative nancys yesterday.  Draws away from the fun it was originally started for.  

Share this post


Link to post
Share on other sites

1 hour ago, nomates said:

Out of curiosity because I don't really follow BGP , have they ever given a good return to investors ?, or is purely being a part of big bets and return is irrelevant .

Me too but the other question i have is "do luke and co get any payments from TAB or any associated parties"??

Share this post


Link to post
Share on other sites

2 hours ago, nomates said:

Out of curiosity because I don't really follow BGP , have they ever given a good return to investors ?, or is purely being a part of big bets and return is irrelevant .

Cup week a couple of years ago they had a great week,with the trotting boys having a fantastic 2 days.Only really been last 3 punters clubs that haven't returned a dividend.

Share this post


Link to post
Share on other sites

1 hour ago, JJ Flash said:

Me too but the other question i have is "do luke and co get any payments from TAB or any associated parties"??

I wouldn't know about personal payments but they sure do get massive favors on odds , which isn't right when others can't put $200 on a horse .

Share this post


Link to post
Share on other sites

2 hours ago, Pak Star said:

In the earlier years the ROI was quite good, and it sadly had some industry participants accusing them of favouritism by the TAB, and draining money out of the industry by bleeding the TAB for a day or two.  They are noticeably quiet when its the TAB having the last laugh. 

BGP are on a hiding to nothing really, no matter the results.  The chat group in the app brought out the best of the negative nancys yesterday.  Draws away from the fun it was originally started for.  

How are they on a hiding to nothing? Its called boys get paid...a mammoth punters club. 

Fair enough. They are big boys, trying to make money on the punt. Make money, pat on the back. 

Lose money, cop some flak. 

Share this post


Link to post
Share on other sites

4 hours ago, Pak Star said:

In the earlier years the ROI was quite good, and it sadly had some industry participants accusing them of favouritism by the TAB, and draining money out of the industry by bleeding the TAB for a day or two.  They are noticeably quiet when its the TAB having the last laugh. 

BGP are on a hiding to nothing really, no matter the results.  The chat group in the app brought out the best of the negative nancys yesterday.  Draws away from the fun it was originally started for.  

Any screenshots of Chat Group tittle tattle?

Curious to know what was being discussed.

Newer or longer term participants?

Share this post


Link to post
Share on other sites

5 hours ago, Houlahan's Dream said:

How are they on a hiding to nothing?  

It was in respect to my wider comment.  They drain the TAB for a day and the industry got upset with the TAB giving them so much capital.  They lose and its the punters who are irate.  Cant win.

I've been in there since the start, own the merchandise, and seen it all.  Luke is on the record about the fun being taken away.  Can see why with all the whingers that pop up when they have a rough day.  More so in recent years

Share this post


Link to post
Share on other sites

6 hours ago, nomates said:

I wouldn't know about personal payments but they sure do get massive favors on odds , which isn't right when others can't put $200 on a horse .

I don't know enough to argue for or against that statement, but there was a curious case yesterday where they threw 40k on Dealt With @ $5.50 prior to the 3yo race.  It didn't stop drifting once the punt was on.  Ended up starting at 8s. 

Under normal circumstances I would have though a 40k FO bet would scare the TAB enough to move it immediately in a couple clicks but not so.  Perhaps the World Pools were creating havoc and the TAB had to react accordingly with the fixed pricing despite a 200k liability on the books from that one punt.

 

Share this post


Link to post
Share on other sites

I have found their...all or nothing staking somewhat misguided. 

Dealt with - I backed it to place, got 2.70 on fixed odds, they might have snared more. 

Couldnt really see it winning. 

Perhaps if they make a million at Te Rapa or Champions day, all will be forgiven. 

Share this post


Link to post
Share on other sites

On 1/26/2025 at 7:57 AM, scooby3051 said:

Why be so negative, surely they should be encouraged look how many people they bought in to the fun and I know most had a bloody good night, even if they did not win, a small investment for a chance to win big hell thats worth a few bucks, but overall I am sure some of them have been hooked by the thrill of the experience, shame some on here cant recognise the benefits of getting newbies involved.Good on BGP I say.

I agree 100%, their problem if they have one at all is that the majority of the audience is Gen Y+Z. These guys and gals sometimes have issues with rationalising outcomes.

Aside from the issues around problem gambling, I really feel that BGP could focus on the fact that it`s (punting) Not compulsory .. you pay your money and take your chances.

But they have to be good for the racing industry !

   

Share this post


Link to post
Share on other sites

You have to marvel at how many members they have and the big betting banks they’re able to generate. Anything that spikes the interest of under fifty year olds has to be good.

It would be good if some professional punters got a youtube channel going with a New Zealand focus. Something like Racing Rant or Little Birdie. I guess with the TAB being quick to put a stop on anyone who makes a profit there aren't a lot (probably none) able to make a living off the punt in NZ.

I realise most of these guys aren't true professional punters, more professional tipsters, but they're still entertaining and they can come up with some interesting analysis. They take some shots at those running and milking the industry which Mick and co are never going to do. No doubt Entain would quickly want to get its hooks into it by sponsoring it and turning it into what they would want it to be.

The Leg Up isn't too bad, but it's still the guys selling you the bets producing the show.

Share this post


Link to post
Share on other sites

Good point Bimbo. The pro punter angle only really works with ways to arbitrage better odds than Entain offer - that will end with the geo blocking (coming soon?) or become harder with VPNs etc needed. 

A really good example is Orchestral in that warm up 1400 week before last - sent out at $2.20 I think, most of us knew it was a tune up run, I was confident it would run 3rd or 4th, so it proved...but none of the 'churnalists' was ever going to warn people off backing it. Many of us would have priced it at 10-1 or longer in a 4 horse field. But the tipsters are never going to bite the hand that feeds etc. With the small size of our market and the close knit industry that will likely always be an issue. 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.