Claims now R20k

Englander Wrote:

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> Claims are a bag of sh1te imho and I completely
> agree with BY, they make it all far too open for
> manipulation and punter deception. Should be
> brought to an end.


Spot on
(

Titch Wrote:

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> Very often a bookmaker will see a horse that he
> believes to be over priced and claim it to (a)
> bring the price into what he believes is the right
> price and (b) get some stock at what is in his
> opinion an "inflated" price, this often causes the
> horse to shorten even further once the rumors
> start flying and creates an impression that this
> has to be "informed" money which, in most cases it
> is not....a lot of people forget a fundamental
> fact and that is, when a horse opens "odds on" it
> has nothing to do with the stable (who usually get
> the brunt of punters anger when it loses) but is
> merely the assessment of a price maker who will
> also take into account the rider of the horse and
> adjust the opening price in accordance to any
> "Jockey Strike" that may occur which leads to some
> of our better jockeys getting slated, Karl N is
> one that I believe is the biggest victim to this
> scenario but Striker, Anton Anthony D and others
> are all not immune while in fact the opening
> prices of their rides have absolutely nothing to
> do with them....

Titch,you are spot on(shit I am agreeing with you).............
a)the only time I take the remotest notice of "the Money" is 1st timers and
b)I have learnt that form and price should not be confused with each other..........they are often different!

and as far as claims are concerned,I still count on the fact that horses can't read..................lol

The point being that a 10 000 claim split between 5 bookies is a joke - WHY NOT GET 10 BOOKIES and make claims 50 000 unraced and 100 000 raced. Then at least the market is true and fair. eg 7 /1 shot a claim of 10 000 is 1400 / 5 bookies is that a joke or what?

The comments are true, but wishful. And the comments come from an era which existed before cellphones and networked systems.

As a smart bookmaker said to me a while ago, this is still the infomation game. The speed that information moves around has changed everything, and it includes old games like horse racing.

The reason why poker champions are aged under 30 is because they have played 100's of thousands of games on computers by the time they are 20. The reason that share prices can rocket or collapse is because programs make decisions instantly.

So why would any sane person sell a bet at 5/1 when they have seen a change in the market and the demand and know with certainty they can sell it at 4/1 or 3/1? Who would sell a share at R60 if you can see someone bidding for it at R65?

As for manipulation, it is very easy to change a price but when one price comes down another so goes up.... best the manipulator be sharpish because sometimes the horse didn't get the memo.

spot on Jack, and the reason why bookies have 10k internet limits on singles,10 guys could be sitting there ready to pounce... then pounce again and again

you also have to remember that some big bookies don`t report claims,Marshalls don`t