mike28 182 Report post Posted July 11, 2020 what does everyone think i think its not bad had a little fiddle with it today a good idea the odds on offer were reasonable aswell hope it stays that way doubt it will though Quote Share this post Link to post Share on other sites More sharing options...
Kloppite 313 Report post Posted July 11, 2020 With the money back for 2nd or 3rd option, I found in many cases today that you got a better effective price by combining a final field place bet and a final field win bet, rather than taking the Winsurance bet. Quote Share this post Link to post Share on other sites More sharing options...
slam dunk 1,317 Report post Posted July 12, 2020 15 hours ago, Kloppite said: With the money back for 2nd or 3rd option, I found in many cases today that you got a better effective price by combining a final field place bet and a final field win bet, rather than taking the Winsurance bet. Maybe so but its a convenience type bet. I took several such bets and will work out the pro's/cons. However its worth noting that in the TAB's quest to emulate the overseas bookies with promotions they miss one vital point. The bookies there don't have tote betting therefore they are competing against the tote. I can't see the point of competing here in NZ against the tote unless you are trying to wean people off racing and onto sport. Leggy and We're Doomed 2 Quote Share this post Link to post Share on other sites More sharing options...
mikenz 1,070 Report post Posted July 12, 2020 3 bets today at addington,2 wins ,one last,sure the odds are a bit less depending on which option you take but that's the way it is,the odds for a win can be whatever you like but if it runs second and you don't have the insurance you will get nought back at all. I stated a while back I wouldn't bet on the tab again but as they give me a bonus bet that won I'm still there so I'm betting on my bonus win. Quote Share this post Link to post Share on other sites More sharing options...
mikenz 1,070 Report post Posted July 12, 2020 I just backed another that got fourth so I get my money back,seems ok to me Quote Share this post Link to post Share on other sites More sharing options...
barryb 2,062 Report post Posted July 12, 2020 21 minutes ago, mikenz said: I just backed another that got fourth so I get my money back,seems ok to me Have you worked out the market %?. The best punters on the planet would struggle to overcome it using this product long term. JJ Flash 1 Quote Share this post Link to post Share on other sites More sharing options...
barryb 2,062 Report post Posted July 12, 2020 I just did Hawkes race 5 and the win odds for 2,3,4 (money Back) tallied to 250% Good luck using this product, as you will need it. The pokies would be a better option as you will lose your cash slower. JJ Flash and Leggy 1 1 Quote Share this post Link to post Share on other sites More sharing options...
mikenz 1,070 Report post Posted July 12, 2020 It's just another gimmick type bet,in reality they all are,sure the odds ain't as good as the full market but if you run 2 3 or 4 well you get another shot,one would wonder though if the tab are giving back a lot of money if it's good from their end. Who cares anyway I actually got that winner of the last at Hawkesbury,the horse was a bit of a dog but won so probably lucky to get anything back in reality. Quote Share this post Link to post Share on other sites More sharing options...
eljay 1,711 Report post Posted July 12, 2020 Do you spend more money or just shuffle from another bet type? Quote Share this post Link to post Share on other sites More sharing options...
scoobysnacks 386 Report post Posted July 12, 2020 It's an awful concept for punters. If you're serious about making a profit, you would simply back your runner to place, instead of taking much shorter odds and only getting your money back if beaten. It makes no sense to bet into the Winsurance market and only mug punters will be attracted. Patiti and Kloppite 2 Quote Share this post Link to post Share on other sites More sharing options...
slam dunk 1,317 Report post Posted July 13, 2020 2 hours ago, NextPlease said: It's an awful concept for punters. If you're serious about making a profit, you would simply back your runner to place, instead of taking much shorter odds and only getting your money back if beaten. It makes no sense to bet into the Winsurance market and only mug punters will be attracted. I would like to know the formula the odds setters use. The big factor would be if there is an odds on favourite in the race. If there is then say a 20:1 outsider has far better chance running 2nd than 1st whereas if a $5 favourite the chance of running 2nd not much different to the win odds. Maybe there is a chink in the system us punters could latch on. As for TAB it just means less turnover in that only one bet placed instead of each way. Another own goal for TAB. Quote Share this post Link to post Share on other sites More sharing options...
barryb 2,062 Report post Posted July 13, 2020 20 minutes ago, slam dunk said: As for TAB it just means less turnover in that only one bet placed instead of each way. Another own goal for TAB. Oh dear, hardly an own goal from them. For them its like Xmas every bet placed. Quote Share this post Link to post Share on other sites More sharing options...
slam dunk 1,317 Report post Posted July 13, 2020 18 minutes ago, barryb said: Oh dear, hardly an own goal from them. For them its like Xmas every bet placed. I know what you are saying Barry but still a bit of a mind teaser. Race 1 Tamworth. Odds on fav. plus 3 horses less than $10 then gap to rest. 8 starters. So there are three horses outside fav good chance running top 4. The fourth fav priced at $4.20 (WinInsurance top 4). Betting on it there is high chance of it running top 4 so perhaps worth the gamble. Quote Share this post Link to post Share on other sites More sharing options...
Abernant 37 Report post Posted July 14, 2020 Good in multi,s if one doesn't win but finishes in top 4 the multi is still alive Quote Share this post Link to post Share on other sites More sharing options...