Tote payouts-Have We Gone Away?
- rob faux
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Tote payouts-Have We Gone Away?
14 years 10 months ago
It would appear that RACING uses the principle of "if we ignore them maybe they will go away".Other than the lucky numbers joke and the tale of the very rich professional punter (who reduces his own value), no explanation or end to the strange tote payouts has occurred.
The reason I quoted rules 72.1.29/30 ,as the first pointed out,(NHA Rules-part 1) was because I felt that most punters,that had posted concerns at the situation,were unaware that the issue of unusual betting patterns and tote manipulation falls under the regulation of the NHA.
Now we have to ask:
a)How often does the NHA inspect the audit trails of Saftote?
b)Have they noticed evidence of strange payouts as a result of possible manipulation? If not ,why not?
c)If it occurs due to comingling,and by punters outside their control,should they not have forced Saftote to suspend comingling,pending a full investigation,and then done one?
d)Why have we not heard one word from the regulators?
I do not expect an answer from them,nor do I care.I have prepared a list,with evidence,of failure to regulate it's own rules, for the gambling board.Whilst I would not normally advocate government interference or regulation,it's better than no regulation at all,and it should be in the hands of an independant body,and not a body that appears to be in the pockets of the Race operators.
The reason I quoted rules 72.1.29/30 ,as the first pointed out,(NHA Rules-part 1) was because I felt that most punters,that had posted concerns at the situation,were unaware that the issue of unusual betting patterns and tote manipulation falls under the regulation of the NHA.
Now we have to ask:
a)How often does the NHA inspect the audit trails of Saftote?
b)Have they noticed evidence of strange payouts as a result of possible manipulation? If not ,why not?
c)If it occurs due to comingling,and by punters outside their control,should they not have forced Saftote to suspend comingling,pending a full investigation,and then done one?
d)Why have we not heard one word from the regulators?
I do not expect an answer from them,nor do I care.I have prepared a list,with evidence,of failure to regulate it's own rules, for the gambling board.Whilst I would not normally advocate government interference or regulation,it's better than no regulation at all,and it should be in the hands of an independant body,and not a body that appears to be in the pockets of the Race operators.
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- pirates
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
well rob if you watched goodmans winning ways show with gift of the gab hawkins on it the question came up regarding strange win and plce payouts and he assured the world that no bets are put on after the race ..
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- rob faux
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
Thats the problem Hilton,we have only had response from people whose response is predictable....So far we have only been told what isn't happening,what we need is an explanation of what IS happening!
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- Dave Scott
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
To me the cancellation of a bet during running is unacceptable and that is allowed as per my visit report. I regard this as manipulation of the final dividend and must be stopped 5 mins before the off.
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- Dave Scott
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
Just to clarify the cancelled bets are being processed during the race so the tote board at the off differs from the final payout.
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- Bob Brogan
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
Does the Tote go out for Tender or does Phum own the rites to run it for good?
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- rob faux
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
Dave ,we've had the guessing threads.This is about the regulators getting the facts!
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- Dave Scott
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
Rob its no guess, they have to take action against the exception report.
It will show you that a bet of eg R2000 was taken at a specific tote outlet and phoned through to cancel.
As I mentioned before who puts R2000 on the wrong horse? my "guess" would be its the same outlets causing this.
Co mingling falls into same but you are correct the print outs and proof must be audited look at the "exceptions" or "anomalies" and take action
It will show you that a bet of eg R2000 was taken at a specific tote outlet and phoned through to cancel.
As I mentioned before who puts R2000 on the wrong horse? my "guess" would be its the same outlets causing this.
Co mingling falls into same but you are correct the print outs and proof must be audited look at the "exceptions" or "anomalies" and take action
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- rob faux
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
Dave,if you look through the original threads,I reported the "errors and ommissions"cancellation facility after the "off" even before your visit.......however.... cancellations have been used to manipulate dividends upwards,not reduce them! Either way,why have the regulators not fulfilled their mandate,established the facts and acted accordingly,thereby protecting the local customer?
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- Justanotherpunter
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
Zee Cat paid R2.50 a tote win in the 1st race at Fairview on the 28th of July,after returning an SP of 9-2.
Now surely anyone with half a brain cell can see that all does not add up.The pool was over R100 000 nett,so R40 000 + was on this winner alone.Surely alarm bells must ring somewhere.In this day and age anyone who lives in a 1st world country has internet access,so why would they want to take 15-10 about a horse that returns 9-2 SP.Nobody just burns money,it makes no sense whatsoever.
Now surely anyone with half a brain cell can see that all does not add up.The pool was over R100 000 nett,so R40 000 + was on this winner alone.Surely alarm bells must ring somewhere.In this day and age anyone who lives in a 1st world country has internet access,so why would they want to take 15-10 about a horse that returns 9-2 SP.Nobody just burns money,it makes no sense whatsoever.
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- Shayne Welman
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Re: Re: Tote payouts-Have We Gone Away?
14 years 10 months ago
i have no more telebet accounts after many many years.
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