Standardizing the Scale of Deductions

One of punters biggest bugbears is the scale of deductions for scratchings. Different wagering service provider (WSP – once upon a time we used to call them bookies) apply different deductions when a horse is late scratched, with the number of cents in the dollar taken from the face value of tickets seemingly left to […]

The Overlay of the Century

I almost fell off my chair yesterday morning after seeing that the bookies were betting $2.55 about Novak Djokovic beating Carlos Alcaraz. It was the overlay of the century The Joker has an outstanding record un hard courts, having won 71 of his 99 titles on the surfaces. Coming into last night’s match  Djokovic boasted […]

Life’s Not Fair

The simple answer to this bloke’s question is that life’s not fair, and bookies don’t have to bet reasonable prices. They only have to bet what the market will bear, and even then they don’t have to if they don’t want to. It’s called the free market. People sell at a price, and people buy. […]

Premium Bet? – Yeah Good

PREMIUM (Definition) 1. a reward or recompense for a particular act 2. a sum over and above a regular price paid chiefly as an inducement or incentive 3. sum in advance of or in addition to the nominal value of something 4. something given free or at a reduced price with the purchase of a […]

The articles published on this site are the honestly held opinion of the author, based on observation, research and the materials available to and read or watched by them. The author makes no representation that the opinions expressed are strictly factual or provable in law. Racing is funded by public money, and issues to do with racing and gambling are matters of public interest. The honestly held opinions expressed in articles on the site are published on the basis of the public interest in the integrity of racing. Should any person believe that the author's opinions expressed herein are incorrect we encourage them to contact the author at peterprofitracing@gmail.com with their concerns, and appropriate corrections, alteration and deletions where appropriate will be made.
error: Content is protected !!