Betting -The Good Old Days

'Betting World are using the excuse that for 14 or more horses in the race they give 4 places'

ptg00098443What has happened to the days of 25% of the fixed price being offered on place bets, asks Sporting Post reader David Liebrecht.

He also poses the question as to what has happened to a place double being 10% of the fixed double?

Liebrecht writes further:

One now gets about 12.5% of the fixed price, and a relative price for a place double.

Betting World are using the excuse that for 14 or more horses in the race they give 4 places.

Betting World, must realize that the more horses in a race the more difficult it is for the punter.

Therefore that argument holds no water.

In a game that seriously needs to hold on to its existing followers, and attract newcomers, these poor payouts are not helping.


David Liebrecht (via email)

Sporting Post Ed comments:

There are many reasons for this, amongst them being that those percentages come from a world where turnaround and life in general was measured in bushels and furlongs.  Both sides are now armed with data at the speed of light and, whereas before 1% here or there didn’t matter, in the new world it’s all the difference.

If you were a bookmaker and offer exactly what you are asking for, you’d be obliterated!


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