Skip to main content

the wowsers have too much of a say in the Aussie media

This is one of the reasons why I'm happy to live outside Australia these days. Too many idiots allowed to have their say in the media because they are prudes or don't like something. It's turning into a nanny state, nobody's allowed to do anything remotely fun because 1% of the population might take offence or become addicted to it. Stop making the fine brown land like America, it's full of enough bible-bashing do-gooders as it is.

If you've seen any cricket from Australia lately, you've probably noticed the commentators mentioning the Betfair prices occasionally. Why is this a bad thing? It's just another way of saying the public reckon Australia has a 63% chance of winning, South Africa 21% and the draw 16%. The player protection rules in Australia are stronger than anywhere in the world. There is no debit card system which allows minors to play. Every punter has to undergo a 100pt ID check etc.

The ICC have stated in previous interviews they are concerned about betting corruption by way of the players being contacted by unscrupulous individuals, which leads to betting via the black market - ie in India where it's illegal and unregulated. They've said broadcasting prices on air is trivial, yet the ABC keep bringing it up.

ABC Online transcript

Today Tonight clip

Channel 9 which broadcasts the cricket is owned by the Packer group, which half-owns Betfair Australia. Channel 7 (Today Tonight) and the ABC will take any opportunity to shoot them down in jealousy for having the longest-running sporting broadcast rights in Australia. Thankfully Today Tonight is usually written off as utter dribble with no journalistic merit at all. Last year they had a scandal at the tennis because someone backed Federer at 1000 in the Betfair Aus Open outright market after he'd just lost. If you're stupid enough to do that when you know the guy has been beaten, do you deserve any protection??

Comments

Popular posts from this blog

It's all gone Pete Tong at Betfair!

The Christmas Hurdle from Leopardstown, a good Grade 2 race during the holiday period. But now it will go into history as the race which brought Betfair down. Over £21m at odds of 29 available on Voler La Vedette in-running - that's a potential liability of over £500m. You might think that's a bit suspicious, something's fishy, especially with the horse starting at a Betfair SP of 2.96. Well, this wasn't a horse being stopped by a jockey either - the bloody horse won! Look at what was matched at 29. Split that in half and multiply by 28 for the actual liability for the layer(s). (Matched amounts always shown as double the backers' stake, never counts the layers' risk). There's no way a Betfair client would have £600m+ in their account. Maybe £20 or even £50m from the massive syndicates who regard(ed) Betfair as safer than any bank, but not £600m. So the error has to be something technical. However, rumour has it, a helpdesk reply (not gospel, natur

Preview de la Prix de l'Arc de Triomphe 2020

The European flat racing season comes to its natural conclusion in this messed up hell of a year. The queen of the turf, Enable, goes for an historic third win but it has been wet and cold all week in Paris, making it a tough old slog in deep ground. There won't be much of a crowd there to 'bring the house down' if she wins, in front of no more than 1000 paying spectators, but the racing world will be tuning in across the globe. =============================================== Prix de L'Arc de Triomphe   ParisLongchamp, 1605 local, 1505 BST, 0005 Monday Sydney time.  2400m, Group 1 Weight-for-Age, (no geldings)  Approx €3m.  Expected Going - Heavy.  1.Persian King - 4yo, Kingman/Pretty Please - Andre Fabre - Pierre Charles Boudot   Star French colt stepping up to a mile and a half for the first time. Won the French 2000 Guineas (Poulains) on heavy ground but ran fourth (only time in his career finishing worse than second) in the Jacques Le Marois, almost nine lengt

lay the field - my favourite racing strategy

Dabbling with laying the field in-running at various prices today, not just one price, but several in the same race. Got several matched in the previous race at Brighton, then this race came along at Nottingham. Such a long straight at Nottingham makes punters often over-react and think the finish line is closer than it actually is. As you can see by the number of bets matched, there was plenty of volatility in this in-play market. It's rare you'll get a complete wipe-out with one horse getting matched at all levels, but it can happen, so don't give yourself too much risk...