Always back the horse named self-interest, son. It'll be the only one trying
For almost two decades, former National Rugby League player Mitch Creary (pictured above) has owned and operated a pub for racing enthusiasts in south-east NSW. Punters used to flock to The Commercial in Bega to watch thoroughbred and greyhound racing and place bets through an agreement with Tabcorp and its flagship racing channel, Sky. But […]
A lot of Australian punters are upset about some corporate bookmakers demanding to see their financial records in order to be allowed to continue operating their account. The perception here is that these bookies are using finance checks as a blunt tool to prevent successful gamblers from betting and winning with them, so as to […]
For more than three years now, those who bet in the United Kingdom have been subjected to unprecedented scrutiny on their finances in the form of affordability checks, first introduced by the Gambling Commission during the pandemic and now official government policy. Punters’ initial bewilderment at being asked for bank statements and payslips has long since […]
The words you see above are those of Pointsbet CEO Sam Swanell in an story published yesterday on the straight.com.au about the business strategy of the company. His comments are an interesting insight into what appears to be going on inside the Australian bookmaking market, and an example of it in action. Swannel reveals that […]
Pure betting odds are simply an expression of a horse’s probability of winning a race. If the horse’s odds are $2.00, or even money in the old language, then it has a 50% chance of winning the race, just as it has the same 50% chance of not winning it. Bookies odds are slightly different, […]
There were 14 gallops races with an odds-on favorite in them run around Australia on Thursday, from Ipswich to King Island, with Goulburn, Hamilton and Pakenham in between. 10 of the 14 that started in the ketchup went down. Never bet odds-on, never run up stairs. One of the ten was the Chris Waller trained […]
Always back the horse named self-interest son, it’s the only one trying – D.T. Crimmins, NSW bookmaker We told anyone who would listen that the partnership between Entain and the TAB would be the savior of New Zealand racing, if only the industry would embrace and support it. Entain don’t play in the racing pond […]
Problem gamblers were significantly more likely than non-problem gamblers to have experienced a win the first time they gambled and to report that losses made them want to gamble more. Problem gambling was also significantly related to the size of an individual’s first win. That is, people that reported larger first wins were more likely […]
When you have as much money as D. Walsh you can get yourself painted however you like, and hang it up and out in your own world class art gallery. 5. It’s not about picking winners “You don’t need to forecast the outcome. A lot of people aren’t aware of this. What you need to […]
1. The wisdom of crowds is very real “My experience of gambling taught me to understand that the wealth and prestige that I grew to possess had very little to do with my talent. I didn’t gain wisdom by standing on the shoulders of giants. I gained wisdom by surfing the crowd,” says David Walsh. […]
