mardigras Posted April 16 Share Posted April 16 (edited) I see the NZ TAB is at it again. The top 23 runners in their Melbourne Cup market (if which typically 24 runners would accept), is already at a market perc of 101%. The chance that those 23 all make the field is zero in reality. Yet even if they took bets on those 23 runners evenly, the TAB would make a profit - let alone the other 100+ horses that will be vying for a spot. This is one key reason why Entain/NZ TAB is going to under perform in relation to profitability. They don't know how to take advantage of opportunities in race markets. The top 23 should be around 50%-60% - providing enticement to have a greater number of punters consider betting with them, and make a smaller % return, but a far bigger amount. Edited April 16 by mardigras Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.