RaceCafe..#1...Tipsters Thread.... Share Your Fancies For Fun...Lets See Who The Best Tipsters Here Are.
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6 minutes ago, Littletramp said:

Were they paid out as refunds - as in race 3?

Not sure.  Noticed it close to start time and wasn't near a TAB to put a bet on.  Hopefully they weren't accepting bets after the field went down to four runners and then paying them out as refunds.

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This is stark raving mad.

Imagine that is one backed $85.95 on #1, $71.43 on #2, $58.82 on #3 and #55.56 on #4.  For a total spend of $272.64 one would collect $300.

If the figures posted are exact it means only one thing.  The TAB are useless.  Horse racing in our country is in a big pile of excrement if this is the industry's monopolistic betting agency.

I learned about bookmaking in about 1965 when I laid 4 to one for 1s 3d about a toy horse at Escalado.  My weekly pocket money was 5 bob.  That loss was a salutary lesson about probability theory as applied to racing.  

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