Skip to main content

power of the punter

Thanks to Cangamble for the tip on this one.

In North America, racing punters are getting sick of the raw deal they get from the tracks with poor pools, high takeout rates and companies bickering over who owns what rather than linking together so you can bet on any race meeting in the US or Canada.

Earlier today, they (HANA, Horseplayers Assocn of North America) banded together for the POOL ATTACK BUYCOTT (yes, Buycott), encouraging all punters to bet on one chosen race at a remote track to show their strength in numbers. So rather than calling on everyone to boycott a particular track or race (which would probably fail because at least 50% of people wouldn't hear the publicity and others would just bet anyway), they plan to storm the pool by boosting the regular turnover many times over. Will Rogers Downs, the chosen track, is very obscure, a regular race at a Tuesday meeting will hold $10k in the win pool.

I hope it works and I hope it makes racing authorities start remembering the punter again. There are far more options to spend my money now than there were back in the glory days of racing... so stop thinking it's still 1965!

The campaign was off to a good start, it was even the topic of a column on ESPN.

This is specifically a North American issue as the pools are controlled by the tracks whereas in other countries they are centrally run and consistent across the board. And totes are only part of the wagering pie, not the only option.

Comments

  1. Thanks for the shout out Scott!!! We did well and hope to see this grow.

    Thanks again.

    ReplyDelete

Post a Comment

Thanks for your comments, but if you're a spammer, you've just wasted your time - it won't get posted.

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

Betdaq.... sold...... FOR HOW MUCH???

So as rumoured for a while, Ladbrokes have finally acquired the lemon, sorry, purple-coloured betting exchange, Betdaq. For a mind-boggling €30m as 'initial consideration'. That's an even more ridiculous price than Fernando Torres for £50m, or any English player Liverpool have purchased in recent seasons! As I've written previously there are no logical business reasons for this acquisition. from Nov 29, 2012 The Racing Post reported this week that Ladbrokes are nearing a decision to acquire Betdaq. This baffles me, it really does. Betdaq are a complete and utter lemon. Their only rival in the market has kicked so many own goals over the years with the premium charge, followed by an increase in the premium charge, cost of API and data use, customer service standards which have fallen faster than Facebook share value, site crashes and various other faults. So many pissed off Betfair customers, yet Betdaq are still tailed off with a lap to go. Around the world, Betfair

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...