Horse Racing in OZ

[Charles49]

Hey Charles,

How you going? long time no chat, I see your tipping is still going well

dags

Great to hear from you Dags. Hope all is well with you and you are still backing plenty of winners. Feel free to put your selections on here anytime...it be just like the good old days.!! Take care mate and best wishes.

[dags]

OK today I like

Randwick
SR2 1 CAPITALIST 2nd
SR5 3 OUR BOY MALACHI
SR6 10 EGYPTIAN SYMBOL3rd
SR7 1 PRESS STATEMENT2nd
SR8 10 ENGLISH Won $5.60
SR9 5 PRIVATE SECRETARY2nd

Flemington
MR4 4 ASSIGN
MR7 5 XTRAVAGANT
MR9 8 DIVAN 2nd

Doomben
BR1 1 ROYAL TITHE Won $2.50
BR4 5 KAISER FRANZ 2nd
BR6 5 SECRET TRAIL won $2.40

[Charles49]

Plenty of Group racing around the country today so here's hoping that translates in finding winners for you.

FLEMINGTON:
R1 no 1 Top Me up ...will be very hard to beat4th
R3 no 1 Afleet Espirit
R4 no 4 Assign
R5 no 6 Dan Zephyr
R6 no 8 Grane......roughie with a place chanceRan 2nd and paid $11.50 the place
R7 no 1 Mahuta
R8 no 1 Wawail Won $5.50
R9 no 3 Don Dorema.......this is a 100/1 shot with a very rough chance in this.

RANDWICK:
R2 no 1 Capitalist 2nd
R5 no 6 First Seal 2nd
R7 no 1 Press Statement2nd
R8 no 1 Ball of Muscle

LAY BETS:
MR6 no 1 Lumosty Ran unplaced. Lay bet won.
MR8 no 6 Abide with Me Ran unplaced. Lay bet won
SR6 no 10 Egyptian Symbol Ran third. Lay bet won

Cheers n Beers

[Charles49]

For all of you who are wondering whats happening with the Interactive Gambling Act in respect of in-play betting in Australia then here is some not so good news.

Racing Australia CEO demands ban on in-play betting
The Australian - Rick Wallace
3RD FEBRUARY 2016
The horse racing industry has called for a complete ban on in-play betting — both telephone and online — warning that live wagering fosters corruption and will hurt the sport’s share of the gambling dollar.



Racing Australia chief executive Peter McGauran, in an *interview with The Australian, *likened in-play betting to “mindless” poker machine gambling and said it should be banned for all sports, including horse *racing.

“We feel so strongly about the threat that in-play betting poses to integrity that we believe that the loophole in the Interactive Gambling Act that allows in-play betting on races should be closed,’’ he said.

His comments come as Assistant Minister to the Prime Minister Alan Tudge prepares the government’s response to the review into online gambling legislation headed by former NSW premier Barry O’Farrell.

While the 2001 act banned live sports betting except via telephone, it allowed bookies to offer it on horse races, despite fears punters and jockeys could collude to fix or throw races.

At last year’s Melbourne Cup carnival, bookmaker William Hill heavily promoted live betting on races. William Hill, Ladbrokes and Bet365 are also offering online live betting on sports through a system they say complies with the act, apparently by emulating a telephone call using a voice-over-internet protocol or similar technology.

The Racing Australia submission to the O’Farrell review takes aim at these companies’ betting systems, urging the government to “eliminate loopholes currently being exploited by certain Australian-based operators to circumvent the existing prohibition”. William Hill insists its system is legal. The other two British *operators have never commented publicly on these matters.

In-play bets available to punters include betting on games, sets and the final score in tennis, as well as the final tally of aces. In various football codes, basketball, ice hockey and other team sports, punters can bet on the result, total scores, handicaps and other markets. For horse races, punters are usually betting simply for the win. Offshore bookmakers offer similar in-play bet types to Australian-licensed operators, although for some events local firms offer a broader range of bets.

With some bookies, betting is possible throughout the race, *although others shut it down 30 seconds after the start.

Mr McGauran said while *illegal online betting posed arguably the biggest threat to racing in its history, revenue losses to racing in the event of in-play betting being fully sanctioned would be steep due to intense competition for the limited gambling dollar.

“It’s an integrity and an economic issue,’’ he said. “There would be significant migration of revenue from traditional racing wag*ering to sports betting to in-play, which is mindless repetitions in front of a big screen that for many is reminiscent of poker machines.

“Apart from the clear and immediate threat to integrity from illegal online bookmaking, the revenue loss over time will significantly damage one of Australia’s leading industries and its 200,000 employees.”

Mr McGauran, a former federal agriculture minister who oversaw the government’s response to the equine influenza outbreak in 2007, has headed Racing Australia since 2012. He said Australia was strongly supporting the Asian Racing Federation’s recent cross-jurisdictional effort to pressure governments to disrupt the activities of unlicensed offshore bookmakers.

Along with its lobbying on in-play, Racing Australia wants to see Australia block access to offshore bookmaking sites and for banks to be banned from pro*cessing deposits into the accounts of unlicensed foreign bookmakers. This last measure, opposed by financial institutions, has operated successfully in Britain, the US, France and Denmark, the Racing Australia submission says.

Racing Australia also wants to criminalise the act of betting with an offshore betting company, which would expose ordinary punters to potential Australian Federal Police prosecution.

Mr McGauran said the AFP needed a separate sports corruption unit to police federal laws on gambling, match fixing and other areas of sport.

[Charles49]

Guys ...here is another article courtesy of the Roar newsletter.
It raises some serious questions about racing administration in Victoria (and to some extent Australia).
Racing Authorities here rely heavily on punters for their primary source of income.....yet they refuse to admonish Corporates for banning winning punters and to introduce minimum bet limits.
Me thinks we live in a crazy world.!!


Racing Victoria can’t afford to bite the hand that feeds


Mark Haywood Roar Rookie
By Mark Haywood, 9 Mar 2016 Mark Haywood is a Roar Rookie
Tagged:
David Moodie, Racing, Racing Victoria
Racing Victoria can’t afford to bite the hand that feeds
Racing Victoria chairman David Moodie needs to remember where the money comes from - the punter.

It was good to hear in-depth from Racing Victoria chairman David Moodie on RSN radio last week.
Moodie covered many racing issues during his chat with Michael Felgate, and well he might – he’s chairman of Racing Victoria, Racing.com, the Australian Pattern Committee, Super VOBIS, a director of Racing Australia, and a longtime successful breeder and owner.
An influential bloke then.
It was interesting to hear Moodie’s thinking on a number of hot-button issues facing racing, particularly due to his dual roles with Racing Victoria and the oft-forgotten Racing Australia. As might be expected of a man with so much on his plate, Moodie seems the type to get on with things.
While many bemoan the lack of a true, powerful national body to run racing, that frustration needs be tempered for now with a dose of reality: racing in Australia is state-based, it always has been, and undoing that is a convoluted political process that if ever properly tackled, will take years to carry out.
It’s in this sense that Racing Victoria under Moodie’s stewardship has been most impressive. Quite simply, they get on with it. They give it a go. They get shit done.
The swift introduction of Racing.com has been a stunning achievement. The key to successful sports broadcasting in Australia remains free-to-air TV. That racing has established its own dedicated free-to-air channel – mirrored online – is a feat that should be the envy of racing and indeed all other sports across the country. The coverage is professional and stunningly accessible, and Moodie rightly speaks with pride about it and the further improvements planned.
Going with Sky/Tabcorp, as Racing NSW did with its own rights, would in a practical sense have been the easier option. Instead Racing Victoria took a punt on the possibility of something better, and have emerged with a stunning success. This willingness to innovate – to give it a go – is an admirable one.
Likewise with the controversial 30-minute breaks experiment. Racing Victoria’s approach – to just get on with it – was disruptive to the national scene and upset some. It may have seemed arrogant, but in hindsight it’s difficult to describe it as anything other than successful. A week or two of pain has led swiftly to a national plan and long-term trial. It perhaps wasn’t the most polite way to go about things, but it was demonstrably effective.
So while there’s much to be pleased about, unfortunately Racing Victoria still lag terribly on one important issue: wagering.
Felgate addressed the growing issue of punters being unable to bet on races due to restrictions or bans placed on them by bookmakers, and unfortunately Moodie’s response offered very little in the way of comfort for the future.
In what must place him in a tiny group in racing circles, Moodie revealed that he doesn’t bet himself, because “racing horses is the biggest bet of them all”.
While that may be the case for him personally, it certainly isn’t for the body he oversees.
Consider the figures: in 2015, Racing Victoria reported total revenue of $361.2 million. Of that, $340.4 million – 94 per cent – came from wagering.
So let’s be very clear, punters are racing’s most critical resource. Not by the length of the Flemington straight, but rather by a couple of laps of the course proper and then the five-kilometre walk to Moonee Valley. They’re out of sight.
Racing ceases to exist without the punt. Everything else in the industry stops.
On the subject of minimum bet rules, Moodie says that “there’s legal issues… and all sorts of issues, let alone corporate and management matters”. Exactly what those issues are isn’t really apparent, especially given the rules have been successfully implemented in NSW.
Furthermore, Moodie says that the wholesale banning and restriction of punters are “commercial matters that exist between a corporate bookmaker and his client that have to get dealt with at that level”.
Frankly, that’s a cop-out, and one that displays a poor attitude toward the contribution of punters to the sport.
Not only does Racing Victoria license bookmakers to bet on racing through its Race Fields Policy – which is what allows bookmakers to take punters’ money and pass a percentage of it on – but in terms of these ‘commercial matters’, no party has more skin in the game than racing itself.
Punters and bookmakers alike have other options. Sports betting is on the rise and will expand exponentially with online in-play wagering.
Racing doesn’t. It lives and dies on punters betting on it.
Moodie spoke of a review into product fees for bookmakers which Racing Victoria is currently undertaking. The timing then is salient. Racing needs to look after those that allow it to exist, not wash its hands of their concerns

[Charles49]

Again today there are plenty of Group races so it should be an interesting day with some of our best horse flesh racing for some serious prizemoney.
Here are todays tips and I hope Dags reappears today as he is one of the most consistent tipsters around.

GOLD COAST:
R3 no 13 Legal Assistant...roughie with a place chance
R4 no 11 Lady Athena....another roughie with a place chance4th @ 40/1
R7 no 6 Whiskey all Round......Tiger Tees is the knockout horse.

ROSEHILL:
R4 no 2 Off The Rails3rd
R5 No 1 Decision Time...yet another roughie with a good place chance
R7 No 9 Zanbagh.....around the 12/1 mark...good e/w chance
R9 no 2 Lady Le Fay

FLEMINGTON:
R6 no 6 Japonisme
R7 no 6 Bow Creek
R8 no 2 Miss Rose De Lago
R9 no 10 Master Zephyr is the get out horse here.

LAY BETS:
SR1 Hartnell (currently $1.55)Scratched (late)
SR5 no 5 Alberto Magic Won $4. Lay bet lost
MR6 no 6 Chautauqua. Ran Fav. Finished 3rd. Lay bet won.

Cheers n Beers

[Charles49]

Rough day at the office last week with plenty of roughies getting the chocolates.
Every race at Rosehill today is a Group or Listed race so hopefully the good horses will salute.
Melbourne racing has ventured out into the country area with racing today at Bendigo.
Here are todays picks.
ROSEHILL;
Sr1 no 2 Heavens Above 2nd
R4 no 1 Criterion3rd
R5 no 1 Turn me Loose ...each way
R6 no 1 TarzinoWon $4.20
R7 no 1 Extreme Choice
R8 no 7 Dothraki3rd has some hope in this..Terravista also has claims

BENDIGO:
R3 no 3 Ragzaao Del Corsa
R7 no 1 Big Memory2nd
R8 no 8 Amadeus 2nd

LAY BETS:
SR4 no 4 HaurakiStared Fav. Ran 2nd Lay bet won
SR5 no 5 WinxStarted $2 fav. Won Lay bet lost
SR 9 no 5 Brook RoadRan unplaced. Lay bet won


Cheers n Beers

[Charles49]

Morning all. Another busy day with plenty of Group racing in Sydney, Melbourne, Ascot and there's even one at Oakbank.
Results have been mixed with Bookies coming out on top in recent weeks.
Lets hope we can reverse that trend today.

ROSEHILL:
R3 no 2 Its Somewhat Won $2.10
R5 no 1 Hattori Hanzo
R6 no 2 Stay with Me ...... roughie for a place chance here in Single Gaze.Won $23.21
R7 no 7 Preferment Won $5.54
R8 no 2 Solicit
R9 no 13 Shoreham......currently a $70 chance ....rough hope for a place.

CAULFIELD:

R7 no 1 Black Heart Bart Won $2.60
R8 no 2 Leebaz Won $5.80
R9 no 9 Artesian..each way at odds. Ran 2nd Paid $5 the place

OAKBANK:
R6 no 1 Riziz

LAY BETS:
SR4 no 2 MalaguerraWon $3. Lay bet lost
MR7 no 1 Our IvanhoeRan unplaced. Lay bet won
MR9 no 7 Cool Chap.Won $4.70. Lay bet lost


Cheers n Beers

[Charles49]

Here is a little puzzle for you.
You are given the opportunity to win $1m (or one million pounds!!)
There are three identical houses in a row.
Inside two houses are a bucket of rocks.
Inside one house is a bucket containing a cheque for one milion dollars (or pounds)
You choose House Number one.
They open the door to house number three to reveal a bucket of rocks.
You are then given the opportunity to switch to house number two.

Question is should you switch and what are the odds of the one miilion being in House number two??

[Kikos]

yes, must change it primary variant, as now chance 50/50, and there was 30/30.
It how related to trade on betfair?

[Charles49]

yes, must change it primary variant, as now chance 50/50, and there was 30/30.
It how related to trade on betfair?

Thanks Kikos for your response. This is a controversial puzzle as the answer is not 50/50 even though basic logic would seem to strongly suggest this to be the case.
Understanding odds and in particular market percentages quickly, are important factors in being a successful punter on Betfair and/or with Corporate Bookmakers.
Thanks again for your post and good luck with your betting.

[Charles49]

Morning all. For some reason I find it hard to like Melbourne racing on Saturdays when the racing heads to the "bush". Perhaps its because the standard of racing is not to the same level as city racing. In any case my level of investments drops by about 75% as I simply dont have the level of confidence in these secondary meetings. Sad really as racing needs every dollar it can get through turnover as it struggles to fight off the competition from sports betting.
Lets see if we can a few winners for you today.

MORNINGTON:
R5 no 2 VeloxWon $3.60
R9 no 4 Tom Melbourne with Big Memory2nd @ $15/1 the danger despite its wide draw.

RANDWICK:
R1 no 1 Astern D/H First
R3 no 1 Libran Won $2.60
R7 no 4 Tally 3rd
R8 no 1 Chautauqua Won $4
R9 no 3 Winx. Won $2.20 Thought Turn Me Loose at 30/1 was a longshot place hope here
R10 no 2 Alaskan Rose

DOOMBEN:
R2 no 7 Charlie Bear ...each way.4th
R5 no 9 Hazard Bay
R7 no 1 Locks Legend3rd

LAY BETS:
SR4 no 1 Lofty's MenuRan unplaced. Lay bet won
SR6 no 11 Omei Sword Ran unplaced. Lay bet won

Cheers n Beers

[Charles49]

Morning all. Another big day at Randwick today with a ten race card and several Group races. The $4m Queen Elizabeth Stakes is the highlight closely followed by the $2m Sydney Cup. There will be some happy owners around today as the prizemoney gets distributed.
Here are todays selections.

RANDWICK:
R2 no 3 Kimberley Star
R4 no 9 Prompt Response2nd
R5 no 7 Hellbent
R6 no 6 Valley Girl
R7 no 1 Who Shot The Barman.....longshot place chance to Dee I Cee at 100/1
R8 no 4 Miss Rose De Lago each way at odds
R9 no 1 Criterion

SANDOWN HILLSIDE:
R2 no 2 Lahqa Won $4
R5 no 9 Zahspeed Won $6
R6 no 1 Cool Chap2nd

LAY BETS:
SR6 no 1 JamenkaStarted Fav, Ran unplaced. Lay bet won
SR8 no 3 AzkadelliaStarted Fav. Won $3. Lay bet lost
BR3 no 1 FeltreRan unplaced. Lay bet won


Cheers n Beers

[Charles49]

The Championships are over however there are still quality Group races today at Randwick in Sydney. Group races also at Caulfield, Morphettville and Ascot today as well so the program looks good as does the weather.
Here are todays selections:

RANDWICK:
R3 no 1 Old North2nd
R4 no 1 Pearls
R5 no 7 Obscura....give a rough place chance to Faraway Town here.
R6 no 1 Charlie Boy
R7 no 4 Malaguerra

CAULFIELD:
R6 no 1 The Quarterback3rd
R8 no 4 Dan Zephyr

LAY BETS:

Mr1 no 6 Cuban FighterRan 3rd. Lay Bet won
Mr 5 no 10 Bengal CatWon $3.20 . Lay bet lost
Sr9 no 13 Nancy Started $2.80 fav. Ran unplaced. Lay bet won

Cheers n Beers

[Charles49]

Its another one of those funny days of racing where the focus is hard to find. Racing in Sydney has gone from a glut of Group racing down to some pretty ordinary races, Melbourne has just one Listed race and you need to whiz over to Adelaide to find a couple of listed races and a Group 3 race.
Racing in Brisbane has been shunted off to the Sunshine Coast where there are some four Listed races.
Lets hope despite the lack of quality today that we can find a winner or three.

CAULFIELD:
R7 no 4 Stoker
R8 no 12 Beau Rada
R9 no 1 Real Love2nd

ROSEHILL:
R4 no 1 Galaxy Warrior 2nd
R8 no 2 Rockolicious3rd
R9 no 10 Mogador

SUNSHINE COAST:
R1 no 2 Kaiser Franz Won $5
R3 no 3 Oink 3rd
R4 no 5 Another Whiskey Won $4.20
R6 no 2 Locks Legend
R8 no 12 Blue Desert Moon

MORPHETTVILLE:
R6 no 9 Tuscan Sling

TOOWOOMBA:
R4 no 8 Lady Athena 3rd
R5 no 3 Scarlett Hussie4th with the danger being Charles The Third. Won (on Protest) @ $15
LAY BETS:
SR1 No 3 ReincarnateStarted $1.80fav. Ran unplaced. Lay bet won
SR6 no 10 Sort After Started fav. Ran unplaced. Lay bet won
MR8 no 9 ShiedelWon $4. Lay bet lost


Cheers n Beers