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I’ve been following a horse called Charlie Smirke for the last couple of months; up until today he’d finished second in his last three races & third in the one before that.
Instead of backing him e/w like I have been doing I decided I’d risk it & go win only. Sure enough, second place again, surely he’s got to win some day!
But my point is this, I was going to try a toteplace bet but the price was 1.02 & I assume that includes £1 stake back.
Any more avid users of the Tote than I know if prices that short are a common occurance?
Another question, I saw a race at Wolves before Christmas where the toteplace price was considerably more than totewin one. Does that happen often too?
I think the horse in question was a 9/4 fav. Not really EW price! I also think the place dividend was £1.60 which seems about right bit I might be wrong!
CizzyI think the horse in question was a 9/4 fav. Not really EW price! I also think the place dividend was £1.60 which seems about right bit I might be wrong!
CizzyYeah, it’s quite annoying to be 99% certain that a horse is going to come second again whilst knowing it’s not going to be worh punting.
The place dividend was £1.02 when I looked at it but that was about 1.30
Silly me really, for not sneaking onto Ladbrokes at work & taking him at 4/1 (as he was early doors)
According to racing post he paid £1.60?????
The trouble with betting at tote odds at small meetings with low numbers of punters is that one big bet will totally change the market, it can work either way though, too much on a loser will boost the other dividents
Even under perfect conditions (big meeting but not too big – you don’t want it to be a simulcast where they dump the lion’s share of the pool in after the off, race just about to go off etc) tote will-pays should be taken with a pinch of salt.
It’s pointless looking at them hours before the off, when a couple of five pound bets from the members’ restaurant comprise the pool.
If you’d have been around twelve years ago, you’d have seen even worse dividends of £1.00. I recall being at Plumpton one day when one punter was effing and blinding about a will-pay of £1.00 about a long odds-on shot. If he’d have looked a bit further he would have seen that the pool was Cheltenham size and the second fav was about 5/1 to place, when any each-way thief would have cut off his right arm to take 5/1 on the win part of an each way. Oh happy days!
1/9 favorites (that’s as low as they’ll go at most tracks here) aren’t all that uncommon, usually when a good horse is in at the same class level that they keep winning at, or if a horse is a crowd favorite. This provides an excellent opportunity for finding a huge overlay in the rest of the field.
I remember in Bremen a couple of years back when a horse called Querari won at odds of 10:10. Basically, you put on 10 Euros – you get 10 Euros back!! Not a single cent of profit! The Germans call this a ‘Geldwechsler’ which literally translates as ‘money changer’. You would probably only get one of these a season though.
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