OPEN BET, MUGS BET...?

As an experiment, I deposited the same amount into my Tellybetting account and into my Marshall's account and took the same bets over a month and recorded the progress of the two accounts...this was done in the post-mystery overseas punter period...

My Marshall's account balance was 30% more than my Tellybetting account balance at the end of the period...a few reasons for this"
- fixed return versus uncertain return that fluctuated late and, at times, even after pool reflected as CLOSED (refer @ Observer1 above)
- picked up bets for horse placing 4th in 14 horse CARDED fields...tote pays three places up to 15 RUNNERS...
- picked up bets for horse placing 3rd in fields that had 8/9 horses CARDED but reduced to 7 RUNNERS due to scratchings / late scratchings...tote pays places for 7 RUNNERS...

I'll take the 30% more thank you very much...

I can understand the argument about the tote being better for exotics like PA, P6, JP, QRT, TRI due to limits imposed by bookies...but I find it hard enough picking a single horse to PLACE so know my limitations in being able to pick multiple winners...so not for me...

Each to their own...

Observer1 Wrote:

---

> Aligned with TNaickers view.
>
> Bookie offers 4/1, and I let's assume I put R500
> on the horse, I am guaranteed to get R2000/R500,
> before the 6% deduction,provided there are no late
> scratchings(a separate issue). So I would get back
> R2380.
>
> If the tote offers R5.20 for the same horse, and I
> placed a bet of R500, I would at that point, lets
> say 30 seconds before race time,believe that I
> could potentially win R2600.
>
> I follow the betting on tab online website, and
> see race closed, and the horse still shows R5.20
> for a win, and I watch the race live.
>
> I then go back to tab online payouts, and the
> winner now shows R3.80, after showing race closed.
> So my R500 on the tote returns R1900, versus
> R2380 with the bookie.
>
> Which betting option would you use?.

Observer what you are describing is not the open bet....you are describing Fixed odds a bet that the bookies have always offered...what the punter does here is not hurting the situation.....what hurts is a bookie that gives you tote odds on wins places swingers trifecta quartet Jackpot Pick 6.....the money he collects from these bets goes straight to his pocket.....

Phumelela
Dirty totes/poor facilities/non existent customer service/try getting the correct race on there telephone service/online facility crashes on big race day... No customer loyalty programme.



Can you really blame the punter who takes the open bet.

gregbucks Wrote:

---

> Phumelela
> Dirty totes/poor facilities/non existent customer
> service/try getting the correct race on there
> telephone service/online facility crashes on big
> race day... No customer loyalty programme.
>
>
>
> Can you really blame the punter who takes the open
> bet.
Should anyone really be loyal to people that show you no loyalty? Take your bet where you feel comfortable as long as it is LEGAL which the open bet is

I would chuck racing in a breath if I was told I couldn't bet with a bookie

As a punter I don't give a hoot about stakes

hibernia Wrote:

---

> I would chuck racing in a breath if I was told I
> couldn't bet with a bookie
>
> As a punter I don't give a hoot about stakes

I would too if I could find a good hypnothist

Can the Tote not reduce their take out to 20%... just saying

agra Wrote:

---

> Can the Tote not reduce their take out to 20%...
> just saying


Agra what u smoking lol. The tote would take the milk out your coffee. I would love to know where the chop of the soccer pools go and why is their take on soccer bigger than that of racing?

I much rather prefer betting with a bookmaker for the open bet rather than the tote. Typical example would be betting on quartets, i regularly play multiple combinations on a single race shortly before the off, the hassle of filling in a betslip or calling out numbers which an incompetent operator takes incorrectly are very high ot standing in queues and i miss my bets anyways whereas i find for eg. the hollywood website and mobile app to be very user friendly as i can select my multiple combinations within a few seconds just before the off, no hassles.

mr hawaii Wrote:

---

> gregbucks Wrote:
>

---

>

---

> > Phumelela
> > Dirty totes/poor facilities/non existent
> customer
> > service/try getting the correct race on there
> > telephone service/online facility crashes on
> big
> > race day... No customer loyalty programme.
> >
> >
> >
> > Can you really blame the punter who takes the
> open
> > bet.
> Should anyone really be loyal to people that show
> you no loyalty? Take your bet where you feel
> comfortable as long as it is LEGAL which the open
> bet is

(tu)(tu)

onyerway Wrote:

---

> agra Wrote:
>

---

>

---

> > Can the Tote not reduce their take out to
> 20%...
> > just saying
>
>
> Agra what u smoking lol. The tote would take the
> milk out your coffee. I would love to know where
> the chop of the soccer pools go and why is their
> take on soccer bigger than that of racing?

(tu)

smashley Wrote:

---

> I much rather prefer betting with a bookmaker for
> the open bet rather than the tote. Typical example
> would be betting on quartets, i regularly play
> multiple combinations on a single race shortly
> before the off, the hassle of filling in a betslip
> or calling out numbers which an incompetent
> operator takes incorrectly are very high ot
> standing in queues and i miss my bets anyways
> whereas i find for eg. the hollywood website and
> mobile app to be very user friendly as i can
> select my multiple combinations within a few
> seconds just before the off, no hassles.

....and they think that they doing you a favour