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Has it ever been won? Will it ever be allowed to be won? Has anyone even held a ticket on it that would have paid more than even the rigged SP acca?
Is it just a ‘rob Peter to pay Paul’ Ponzi racket with the twist that Paul never gets paid?
wtf is it
Perfectly phrased Fist!!!
It is an "exotic" bet which the Tote run every day apart from Scoop6 days where you only have to select the winner in the seven trickiest races of the day.I think they also have consolation payouts for five or six winners.
It is interesting that when it was first launched it was very heavily plugged on course in the pre-racing Tote sales pitch. Now I don’t know if I have just become accustomed to it and am filtering it out but they don’t seem to be pushing it that hard now – I would not be surprised if it soon disappeared quietly.
Probably one of those bets that sounded good on paper but not that popular in reality – although with some more inspired marketing I’m sure it could have eventually caught on.
wtf is it
It is an “exotic” bet which the Tote run every day apart from Scoop6 days where you only have to select the winner in the seven trickiest races of the day.I think they also have consolation payouts for five or six winners.
Close but no cigar. This would be more accurate
It is an “exotic” bet which the Tote run every day apart from Scoop6 days and days when there is a chance that it might be won, where you only have to select the winner in the seven trickiest races of the day.I think they also have consolation payouts for five or six winners.
It is, perhaps, the most misguided venture ever by the Tote.
They already have a widely-understood Jackpot bet which is difficult enough to win, but which covers the first six races on a single card. This means that it will nearly always include a couple of more straight-forward or less competitive looking races. There is scope for a banker selection or two, which helps smaller-staking punters.
The Jackpot fund is slow to build, due to the very low guaranteed fund of £10k (effectively £7,100 because they apply their take-out) which makes it a poor value bet in most cases until a substantial roll-over has been generated. However, if not won for several days, the fund does tend to snowball and it becomes a viable bet.
The Jackpot minimum unit stake was increased a few years ago from 10p to 50p, which met with some anger from smaller punters and did play into the hands of larger syndicates. However, it is still affordable for most bettors to put together smallish perms. Additionally, the Placepot is available and it is possible to effectively back a Jackpot each-way by doing this as well – this appeals to many backers who want to increase the likelihood of some return.
Enter the Super7. £2 minimum stake. Runs on the same days as the Jackpot (when they can be bothered). Regularly consists of 7 large-field competitive handicaps.
The effect of this is that no sane punter would bet on the Super7 in most instances. There is over £300,000 rolling over, and yet the total amount being staked on it each day remains a paltry £2k-£3k. Clearly the bet is flawed – the likely SP accumulator would be far greater than the potential win pool would pay. The bet offers appalling value as things are at the moment, and will continue to do so (at the current rate) for about six months, assuming it isn’t won in that time.
In their wisdom, the Tote withdraw the bet on a day when it might have been winnable. Had they gone ahead with the bet on the Fontwell/Southwell cards, they might have actually had a decent amount bet into the pool.
I’m not sure of the exact costs of developing, advertising, promoting and administering a new bet like this, but the Tote lost the majority of their guaranteed pool when it was won on the second day of it’s existence, and since then have made no money at all from it. I’m no business guru, but that would seem to be a bit of a shocker!
Just as an afterthought, perhaps the Tote would do better to concentrate their efforts on promoting shared/mingled pools on an international basis, and increase their profits by encouraging more money into pools offering reasonable betting opportunities.
I’m sure the Tote are hoping that they will soon have one likable Haddock-esque winner of the bet, and will use that to publicise the bet in an attempt to lure more punters in, effectively fooling them into believing that the bet is a good one.
Already, the Super7 relies very heavily on ripping ‘muppet’ punters off, and every sign is that the public are more than aware that they are being ripped off, and are not playing ball. No amount of gloss or advertising is going to convince anyone that the bet is anything other than an expensive con.
But surely the bet was designed by a genius. It represents the high pinnacle of current thinking among those that run gambling and betting: get anyone with a brain to avoid betting with you, don’t worry about turnover falling through the floor because you get to keep every penny staked by the remaining brain donors, risk free, even if it’s only a few quid a day.
A triumph by how bets are measured these days surely?
I discussed the Super7 at length with the Tote when I was in their box at the Hennessy meeting. Get this, they originally saw the bet as the natural successor to the Scoop6. I advised them to bin it.
Wow! Just short of £400,000 carried forward into today, and a whopping £7,189 bet into the pool. Not won.
Nurse!
Personally I think its disgusting that they can decide not to offer the bet because it might be won.
No Super7 again today. Super? I wonder whether the bet name may be in contravention of the Trade Descriptions Act…
Lol! Those frightfully nice chaps at the Tote actually managed to put their creative heads on and wizard up a Super7 including four races from Leopardstown.
I’m sure the fact that the Irish races included three massive competitive handicaps with field sizes of 25-30 runners was completely coincidental.
Cleverly, this meant that despite there being almost half a million pounds in the ‘carry-forward’ pool, the bet was so impossible that hardly anyone bothered to have a go, and the win fund ‘swelled’ by a whopping £10,700.
Well done chaps!
Those who put the £10,700 in need protecting from themselves and surely it’s time for the Gambling Commission to step in and have a word as the bet surely violates ta least two of their three stated objectives.
The acca yesterday had true odds of 470 million to one according to BF SP, so the payout for anyone hitting it would have been out by a factor of 1000 even with the large rollover.
It’s akin to those independent bookies you used to see taking all sorts of life changing odds multiples from customers while having a £500 maximum payout sign tucked behind the counter. Thankfully, those practices have become a thing of the past. It’s time for this bet, as it is presently administered, to follow suit. It is a stain on racing.
I’d also echo Lydia Hislop’s article the other week – the tote need to get their act together and get someone in to sort out their bets. At the moment many of the exotics resemble a Soho clip joint.
The Tote should scrap this bet.
The best way to do this is to advertise that it MUST be won a particular day (Cheltenham Gold Cup day would be the best day IMO or totesport Trophy day). Then if nobody picks all 7 winners, the prize is split between people who selected 6 winners, if none of these then 5 winners etc etc.
That’s what Euromillions do with their top prize when it goes over €100m
Oh dear
James Davies lost out on a winning chance and two bumper tote Super7 tickets were scuppered when the rider was unseated from luckless mare Topless in the final strides of the Carlsberg UK Handicap Chase at Taunton.
The 24-year-old edged into the lead at the third-last aboard the 9-2 chance, and was ready to partner his first winner for trainer Neil Mulholland as he jumped the last with a four-length advantage.
However, Topless made a beeline for the parade ring entrance on the run-in, and as Davies tried to correct her manoeuvre she jinked right and gravity took over.
The Lambourn-based rider was then thrown to the ground to leave Pangbourne (9-2) to come home a distance clear of the rest.
Davies said: "It was tacky ground out there and she just got exhausted.
"She has had plenty of bad luck and didn’t put a foot wrong all the way round.
"She jumped brilliant and travelled all the way – I’m gutted for everybody involved.
"Brendan Powell and Neil Mulholland have been big supporters of mine and that would have been my first winner for Neil.
"On the run-in she was heading left towards the parade ring so I pulled my stick through to give her a smack on the left side and she has then gone the other way and I lost my balance."
The mishap proved most costly for two betting syndicates as they missed out on the tote’s Super7 prize.
The two ticket holders were set to scoop £194,126 apiece only for their hopes to come crashing down just yards short of the line.
"The Super7 looked all set to be won but rolls over again in the most extraordinary circumstances," said totesport spokesman George Primarolo.
"Racing can be a cruel game sometimes and punters across the country will be sympathising with the holders of the two tickets on Topless."
Agony and ecstasy was also the story of the race on Betfair – a total of seven punters backed the horse at 999-1, and one backer hit the jackpot to the tune of £111,677.07 after getting £111 on at those monster odds.
Irish firm Paddy Power promised to pay out on both horses.
1.01 an ultasonic sound gun disguised as a pair of bins wielded by someone who will stop at nothing to prevent this crummy bet being landed
100 jockey incompetence or worse
1000 just one of those things
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