Racing NSW has done it again. Effective from July 1st they have increased the race fields legislation fee to Betfair from 1.5% up to 2% and increase of 33.33%. But it gets worse. They have introduced fees for non standard races which are referred to as Premium race days to 2.5%. But wait it gets worse. They have also introduced a new level of Race Days known as Premier race days and the fee for those days is a whopping 3%.
Now surely it can't get any worse than that but you guessed it...it does.!!
The increases are based on what is known as the Turnover model. That means that Betfair pay a fee on ALL of their turnover. If you trade say $100 on a horse by backing it and then laying it at say the same price, Betfair are charged on the turnover of $200. With all other state racing bodies in Australia the model in place is the Revenue Model and the fee payable under the example above would be NIL.
So what does this mean in practical terms. Well if we look at other States in Australia, Victoria, Tasmania, Queensland. South Australia and the Australian Capital Territory the Betfair punter is charged a fee of 6% which includes the race legislation fee and Betfair commission.
For a punter who bets on New South Wales racing the fee will now be a whopping 10%. And yet again it gets worse because of the NSW Turnover model so Betfair will severely limit anyone who trades on the NSW racing events.
And to put it in perspective as to how serious this increase is, then to quote Betfair "Racing NSW is now the most expensive product in the world that Betfair offers to its customers"
Little wonder that racing in Australia is going backwards in terms of attendances and turnover when Racing bodies continue to attack the punter rather then look at other sources such as Owners and Breeders.
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Morns Ned,
Sorry missed last weekend, a mate and I went to Bundy for the weekend for our Mecca tour, the Bundy Rum Distillery, and yes we got plenty of souvenirs. So now back to the action.
Today I like
Ipswich
R5 2 SUNDANCE 4th 3.40 @ Crown
R7 3 SORT AFTER 4.60 @ Centrebet
Rosehill
R8 7 CARZOFF 2nd 2.60 @ most books
Mooney Valley
R6 4 HIGHLAND BEAT 3rd 5.0 @ Unibet
R9 4 LEODORO 3.10 @ UnibetLast edited by Charles49; 17 June 2017, 06:48 AM.
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Racing in Brisbane switches out to Ipswich today where the track is a heavy(8) thanks to some large rainfalls during the week.Its a popular day for the locals where the highlight is the running of the Channel 7 Ipswich Cup. Its a nine event program and despite the heavy track there are maximum fields nominated so picking winners there today wont be easy.
Lets hope we can find a few more winners today than we did last week.
Time permitting I'll update as the meetings progress.
IPSWICH: Track now soft 7.
R5 no 16 Zilitor
R6 no 9 Hot Money
R7 no 3 Sort After
R8 no 9 Casual Choice.......longshot place chance to Strawberry Boy at 35/1
R9 no 1 Kinshachi.2nd
ROSEHILL: Track Heavy 8
R3 no 2 Zamex Won $3.50
R4 no 6 Test The World. Won $3.20
MOONEE VALLEY: Track Good 4
R4 no 2 Every Faith
R9 no 4 Leodoro
BELMONT Track Good 4.
R6 no 6 Paseo Del Prado....each way currently $14/1
R7 no 1 Scales of Justice. Won Class horse getting ready for Melb Spring Carnival.
LAY BETS:
MR2 no 1 If Not Now When Started 2nd Fav. Ran 3rd. Lay bet won
MR6 no 1 Katsuro Scratched.
MR8 no 14 Data Point Ran 3rd. Lay bet won
SR7 no 3 Badajoz Ran 2nd. Lay bet won
SR7 no 8 Sir Plush Won $5.80. Lay bet lost
BETFAIR BSP Estimate is 79.5 Actual is 86.5 so bet today is Unders.
Cheers n Beers.Last edited by Charles49; 17 June 2017, 08:53 AM.
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Spotlight is on Brisbane today with the running of the Stradbroke Handicap at Doomben. Its a race worth AUD$1.5m in prizemoney and this is only the second time its been run at Doomben. Normally its at Eagle Farm however there is a monumental $10m stuff up there with the new grass track which wont drain properly and has been declared unsafe. Yet again the taxpayers will be called upon to fix this problem at a time when racetrack crowds are vanishing. With a Queensland election on the horizon my bet is that we will have a new Racing Minister within a year.
Dags managed to snare a 130% profit with his tips last week so he continues his fine form since he joined this column. He will have more to smile about as the week progresses and the State of Origin rugby league match takes place on Wednesday 21st June. NSW will be odds on to win this and should do so easily.
Here are today's selections and time permitting results will be updated as the meetings progress.
DOOMBEN
R3 no 6 Moher 3rd
R5 no 2 Oak Door
R7 no 4 Mongolian Wolf
R8 no 13 Egyptian Symbol ...each way at 20/1.
R9 no 11 Zambezi Warrior
RANDWICK:
R1 no 4 Champagne Cuddles Won $2.30
R3 no 3 Clipper Won
R4 no 2 Soviet Courage
R7 no 13 Old Man Sam....each way at around 15/1.
FLEMINGTON:
R1 no 2 Lone Eagle
R4 no 5 Groathland 2nd
R5 no 8 Zourkhan2nd
R7 no 8 Zebrinz
LAY BETS:
BR1 no 1 Heroic ValourRan unplaced. Lay bet won
BR3 no 1 Religify Won $3.80 Lay bet lost
BR4 no 8 Bonny O'Reilly Ran 3rd. Lay bet won
BR8 no 1 Clearly Innocent Ran 3rd Lay bet won
SR4 no 1 Broadside Ran 3rd. Lay bet won
MR3 no 2 Santa Ana Lane Ran unplaced. Lay bet won
BETFAIR BSP Estimate for Flemington is: 87.5. Actual is 90.5 so bet today is Unders.
Cheers n BeersLast edited by Charles49; 12 June 2017, 01:16 AM.
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Morns ned
Love your comments, I think Hess, Wallace and Slater have to come in, and Thurston if fit
Thanks Dags...great tipping again today..well done.
Today I like
Doomben
r3 1 HIGH MIDNIGHT
r7 2 EGG TART Won $3.50
r8 8 BONNY O'REILLY Won $2.50
Mooney Valley
r4 4 THE PASSAGE**2nd
r7 6 CAMDUS Won $4
Rosehill
r3 1 DAGNY 4th
r5 7 JUST DREAMING Won $6.50Last edited by Charles49; 3 June 2017, 07:43 AM.
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Well the New South Wales State of origin team soundly beat the Queenslanders who simply did not turn up to play hard tough rugby. Dont think they will rebound in the next two matches so unfortunately I predict a white wash (or should that read blue wash?) in this years contest.
On to today's racing and here are the selections for today's racing and hopefully there are some profits here for us today.
If I get a chance I'll update as the meetings proceed.
DOOMBEN:
R1 no 11 Italia Bella 2nd.
R6 no 10 Deploy Won $5.70......Chance to Dothraki each way 2nd
R7 no 1 Kenedna 4th
R8 no 8 Bonny O'Reilly Won $2.50
ROSEHILL:
R3 no1 Dagny 4th
R4 no 3 Zamex Won $4.
R8 no 6 Snoopy
MOONEE VALLEY:
R5 no 4 Coldstone 3rd
R8 no 9 Hursley 3rd
BELMONT:
R7 no 1 Scales Of Justice. 2nd
LAY BETS:
MR1 no 1 Wired Started Fav. Ran 3rd. Lay bet won
BR4 no 1 Preferment Ran unplaced. Lay bet won
BR7 no 2 Egg Tart Started $3.50 fav. Won Lay bet lost
MR8 no 15 Overberg Ran unplaced. Lay bet won
BETFAIR BSP Estimate today is 89.5 Actual today is 94.5 so bet is Unders.
Cheers n Beers.Last edited by Charles49; 3 June 2017, 09:26 PM.
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Hi Ned,
Yes Origin on Wednesday night, and i should have taken the the points start on NSW a couple of weeks ago, I think Myles and Lillyman are lucky to be there with hess and Wallace playing well at the moment. NSW starting to blood some yonger players, GO THE BLUES
Today I Like
Randwick
R6 12 IN TIMES OF WAR Won $3.20
Sandown
R3 2 ZED EM 2nd
R4 2 RENEW Won $2.45
R5 6 GOATHLAND 3rd
Eagle farm
R2 2 AMOVATIO
R3 1 TANGLEDLast edited by Charles49; 2 June 2017, 10:49 PM.
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Morning all.
Its that time of the year again when Rugby League takes center stage for the first of the three State of Origin games between Queensland and New South Wales. The bookies have NSW slight favorites with the line at 1.5 points to Queensland. These games are always great to watch and of course I'll be cheering on the Cane Toads whilst Dags will be supporting the Sky Blues. Should be fun.
Today the focus remains on Eagle Farm with plenty of Group races with the highlight being the Group 1 $700,000 Darley Kingsford- Smith Cup over 1300m.
I dont need to tell you that The Brisbane Lions were thumped by the Adelaide Crows last Saturday night by 80 points however the German Club was excellent and the company was great. Still havent fully recovered from the excessive alcohol consumption but I'm almost there!!
Here are todays selections and if I get a chance I'll update as the day rolls along.
EAGLE FARM:
R3 no 14 Melody Belle Won $7.50 ...think Pierata Ran 3rd @ 50/1 has a place chance at odds
R4 no 13 Zambezi Warrior 2nd
R5 no 4 Black on Gold
R6 no 3 Egyptian Symbol..2nd....Miss Cover Girl is the value here at $13 plus.
R7 no 11 Derryn......if you like Clearly Innocent Won $12 then back it each way here.
R8 no 5 Dreams A Plenty
RANDWICK:
R7 no 2 Beyond Thankful......currently 20/1
R9 no 3 The Bull
SANDOWN:
R4 no 2 Renew Won $2.45
R8 no 1 Zamzam
LAY BETS:
BR6 no 8 Raiment Started Fav. Ran unplaced. Lay bet won
BR7 no 1 Black Heart Bart Started Fav. Ran unplaced. Lay bet won
SR7 no 6 Broadside Started fav. Ran 2nd. Lay bet won
SR8 no 11 Badajoz Started Fav. Ran 2nd. Lay bet won
MR5 no 6 Goathland Started $2.30 fav. Ran 3rd. Lay bet won
Betfair BSP Estimate is 64.5. Actual BSP is 80.5 so bet today is Unders Unders Won
Cheers n Beers.Last edited by Charles49; 27 May 2017, 07:44 AM.
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Hey Ned, yes was ordinary last week.
Good Luck at the game today, being a Tigers supporter I'm glad i didnt go to the game last night, even my Son wouldn't have been able to wave his flag... anyway
Running a bit late again today
Today I like
Rosehill
R1 1 VIRIDINE (already raced and won 3.1) Won
R3 1 NEW UNIVERSE (already raced and won 1.7)Won
R4 4 SCHEDULE
R8 12 BONNY O'REILLY Won $3.60
Doomben
R4 1 TACTICAL ADVANTAGE Won $5
R5 5 UNTAMED DIAMOND 2nd
R8 8 SPLURGE
Fleminton
R2 5 DIVINE QUALITY (already raced and placed 1.3)3rd
R4 4 ATLANTIC EXPRESS 3rd
Morphetteville
R1 18 SO YOU TOO 2nd
R3 1 HIGH CHURCH 2nd
R4 3 ANA ROYALE Won $3.60
R8 10 FUHRYK Won $2.70Last edited by Charles49; 27 May 2017, 12:02 AM.
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There were some dreadful results last week so the bookies had a field day. Lets hope its our turn this week. Brisbane has had some heavy rain in the past 48 hours however the sun is shining as I pen this and racing at Doomben is on despite the Heavy 9 track. The Gold Coast has had its racing abandoned for the day. Flemington and Rosehill and Morphettville are all on so we will still get a good selection of saturday racing to choose our selections from.
Wont be able to update fully today as I'm off to watch the Brisbane Lions get slaughtered by the Adelaide Crows. Think I'll take the 50 points start Brisbane so I have some chance of getting a good run for my money. Otherwise its an early departure for the nearby German Club for some good old German beer, sausages and sauerkraut.
Here are today's selections and may God give em strength.!
DOOMBEN:
R4 no 1 Tactical Advantage Won $5.....rough place chance to Zuminko @$34
R5 no 7 Elegant Composure
R6 no 2 Kenedna Won $3.50
R7 no 1 Its Somewhat
R8 no 10 Man Of His Word......currently $21...expect him to flash home late. Good place chance.
FLEMINGTON:
R2 no 5 Divine Quality 3rd
R6 no 4 Lucques
R8 mo 2 Observational
MORPHETTVILLE:
R6 no1 Burning Front Won $4
R7 no1 Black Heart Bart
LAY BETS:
Br3 no 3 Hidden Pearl Ran unplaced. Lay bet won
MR6 no 1 De Little Engine Won $3.50. Lay bet lost
AR1 no 18 So You Too Started Fav. Ran 2nd Lay bet won.
BETFAIR BSP Index estimate is 113.5. Actual is 98.5 so bet is overs Overs Won
Cheers n BeersLast edited by Charles49; 27 May 2017, 01:09 AM.
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My poor old computer completely shit itself last week so my apologies for no posts of tips or results. Had to dive into the bank balance and shout myself a completely new set up. Unfortunately I lost all my Geek Toy settings so got up this morning and managed to reinstate 90% of what I had including some odd bits and unusual colours so hopefully thats enough excitement for a while and we can get back to business as usual.
Many thanks to Dags who produced an outstanding effort once again in my absence.
Racing today focuses on Doomben whilst Sydney racing heads off to Scone.
Here are todays selections:
DOOMBEN:
R3 no 2 Jumbo Prince 3rd
R6 no 11 Zambezi Warrior 4th
R7 no 13 Derryn 3rd
GOLD COAST:
R3 No 6 Ned's Round.
R8 no 1 Red Scarlett 4th
CAULFIELD:
R4 no 14 Our Peaky Blinders
R5 no 3 Zebrinz 2nd
R7 no 1 Mongolian Wolf
LAY BETS:
Scone R 5 no 1 Prized IconRan 2nd. Lay bet won
Caul R 4 no 9 Coram Ran unplaced. Lay bet Won
Doom R7 no 12 Russian Revolution. Ran unplaced. Lay bet Won
BETFAIR BSP Estimate is 76.5 Actual is 90.5 so bet today is Unders.
Cheers n BeersLast edited by Charles49; 13 May 2017, 07:26 AM.
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Morns Ned
Today I like
Rosehill
R3 2 BLACK ON GOLD Won $7
R9 4* BONNY O'REILLY Won $3.50
Flemington
R2 3 DE LITTLE ENGINE Won $2.70
R6 2 ZASORCERESS
Morphetteville
R2 8 LAMBORGHINI
Gold Coast
R2 2 IRISH CONSTABULARY
R7 1* IT'S SOMEWHAT Won $2.40
* I like it more
Dont forget to bet with bookies that offer money back for place otherwise bet with Betfair http://bit.ly/2cslUH3Last edited by Charles49; 12 May 2017, 11:13 PM.
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Alright Ned
Lay of Fastnet Latina got me out of my ordinary day
cheers
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