Re:What happened here

  • Muhtiman
  • Topic Author
  • Platinum Member
  • Platinum Member
  • Posts: 8926
  • Thanks: 1014

Re: What happened here

4 years 8 months ago - 4 years 8 months ago
#797816
.....local tote manipulation has been going on for time and memorable and way back in the day property mogul Hymie Tucker openly bragged that he scooped a big JP pool by manipulating the last leg fav so that those that did not included a scratching were not in the payout queue when the late money came for a horse he had heavily backed actually won the race.....:blink: ....many tote favs have been displaced in similar ways by people looking for bigger exotic payouts on their mega perms and those who claim they are sick for the game are only sick for the bigger payout.....racing is currently on life support....and these f@ckers are still tampering with the life support system.....if the tote fails to generate turnovers then racing never recovers....:ohmy:
Last edit: 4 years 8 months ago by Muhtiman. Reason: incomplete sentence

Please Log in or Create an account to join the conversation.

  • Muhtiman
  • Topic Author
  • Platinum Member
  • Platinum Member
  • Posts: 8926
  • Thanks: 1014

Re: What happened here

4 years 8 months ago
#797818
Singapore would not allow international commingling because of the very short-priced favourite in Saturday’s 12th race at Kranji – with the even money favourite paying a freakish R9-80 for a place dividend on the tote.

TAB have provided an explanation in response to Sporting Post reader queries after new Singapore rising star Inferno (1) was the star of the show in Saturday’s Gr1 Singapore Guineas.

In the twelfth race on the programme, Inferno started the tote favourite in the nine horse field and paid R1-20 for a win and R9-80 a place.

A TAB spokesman explained that Singapore would not allow international commingling because of the very short-priced favourite – so ultimately only South African punters and some PGI premium international customers bet into the Race 12 pools.

The bulk of the bets in the R236 138 net Win pool went on Inferno (No 1), but for whatever reason less than R1 000 was wagered on the same horse in the net place pool of R29 138.

In the Win Gross pool of S$23592, there was S$21593 bet on Inferno. In the Place Gross pool of S$2908, there was only S$78 bet on Inferno.

Probably 99% of players decided no point in backing him for a Place


If there was no co-mingling on this race then why is the tote oke quoting figures in Sing$ and why is the place pool there so low.....is he trying to make a case that they needed our contribution to this pool that for some reason we were denied......not even the cover story makes any sense either...never seen so much sh!t in pr!nt ever....:huh:

Please Log in or Create an account to join the conversation.

  • durbs
  • Platinum Member
  • Platinum Member
  • Posts: 8031
  • Thanks: 2155

Re: What happened here

4 years 8 months ago
#797819
The tote has got to admit that manipulation took place.
They really do think we punters are one helluva stupid bunch.
But I for one won't be stupid enough to support a shady enterprise.

Please Log in or Create an account to join the conversation.

  • Thor
  • Platinum Member
  • Platinum Member
  • Posts: 2783
  • Thanks: 468

Re: What happened here

4 years 8 months ago
#797821
According to Naresh, the pools that were displayed only ever included the SA portion, and the PGI portion was only displayed at the jump. Can we get the stats for this race on what the two contributions are respectively, and why they are not merged in real time?

On another note, the above scenario is probably why our local tote pools change so drastically at the off on our races, money seems to be added after the jump. There is not a single time I can say a local race set of swingers or Tri etc. paid the same as indicated at the off.

Please Log in or Create an account to join the conversation.

  • Sylvester
  • Platinum Member
  • Platinum Member
  • Posts: 13957
  • Thanks: 1414

Re: What happened here

4 years 8 months ago
#797826
Race 1 at PE today the win Pool was 915000 that seems very high. are the win pools co - mingled?

Please Log in or Create an account to join the conversation.

  • Muhtiman
  • Topic Author
  • Platinum Member
  • Platinum Member
  • Posts: 8926
  • Thanks: 1014

Re: What happened here

4 years 8 months ago
#797827
....they did not even need to jink the link....they surreptitiously took out an advertisement in the free tote sheet, then blacked out the race at TT and had all the angles covered....gotta give it to these okes as they are masters to be able to squeeze a few extra shekels out of the game...:dry:

Please Log in or Create an account to join the conversation.

  • naresh
  • Platinum Member
  • Platinum Member
  • Posts: 6385
  • Thanks: 1497

Re: What happened here

4 years 8 months ago
#797828
Sylvester wrote: Race 1 at PE today the win Pool was 915000 that seems very high. are the win pools co - mingled?

The first four races commingled with the French Tote, PMU.
The following user(s) said Thank You: Sylvester, johnnycomelately

Please Log in or Create an account to join the conversation.

  • naresh
  • Platinum Member
  • Platinum Member
  • Posts: 6385
  • Thanks: 1497

Re: What happened here

4 years 8 months ago
#797829
Muhtiman wrote: ....they did not even need to jink the link....they surreptitiously took out an advertisement in the free tote sheet, then blacked out the race at TT and had all the angles covered....gotta give it to these okes as they are masters to be able to squeeze a few extra shekels out of the game...:dry:

I posted about 3 months ago our exotic pools are being commingled with PGI after noticing the huge pools and weird payouts especially the earlier races. It was being advertised on the free tote sheet then.

Please Log in or Create an account to join the conversation.

  • Muhtiman
  • Topic Author
  • Platinum Member
  • Platinum Member
  • Posts: 8926
  • Thanks: 1014

Re: What happened here

4 years 8 months ago
#797830
....well now.... so if we need to be in on the fix....we need to read the fine print on the Free Tote sheet.....noted...:S

Please Log in or Create an account to join the conversation.

  • Thor
  • Platinum Member
  • Platinum Member
  • Posts: 2783
  • Thanks: 468

Re: What happened here

4 years 8 months ago
#797831
I have been giving this some thought. It really does seem like the tote are trying to downplay this.
Question - Would an external auditor be able to pick this up as an item of concern? No. Why?
1. Amount of the transaction is R29k, not going to be big enough.
2. Assuming this race is picked for audit sample, does the external auditor understand the concept of what took place here? No, all they will see is total pool size, and dividends declared correctly given tickets on each horse. Nothing untoward and no reason to question further.

According to me, only those that were aware of what the PGI contribution would be when added to the small SA component could pull off something like this. Who are those people that are aware of the pool sizes? No sane punter would play R24k on a horse to place on what would've been such a small pool size before that bet? And for some one to play R24k on a Kranji bet they must know what they're doing. This really seems like it is trying to be swept under the rug now, because thereafter there will be no comeback. This is a good thing whoever is doing it has going on.
The following user(s) said Thank You: Muhtiman

Please Log in or Create an account to join the conversation.

  • naresh
  • Platinum Member
  • Platinum Member
  • Posts: 6385
  • Thanks: 1497

Re: What happened here

4 years 8 months ago
#797845
Thor wrote: I have been giving this some thought. It really does seem like the tote are trying to downplay this.
Question - Would an external auditor be able to pick this up as an item of concern? No. Why?
1. Amount of the transaction is R29k, not going to be big enough.
2. Assuming this race is picked for audit sample, does the external auditor understand the concept of what took place here? No, all they will see is total pool size, and dividends declared correctly given tickets on each horse. Nothing untoward and no reason to question further.

According to me, only those that were aware of what the PGI contribution would be when added to the small SA component could pull off something like this. Who are those people that are aware of the pool sizes? No sane punter would play R24k on a horse to place on what would've been such a small pool size before that bet? And for some one to play R24k on a Kranji bet they must know what they're doing. This really seems like it is trying to be swept under the rug now, because thereafter there will be no comeback. This is a good thing whoever is doing it has going on.

From the article they say the net place pool was R29 138

The bulk of the bets in the R236 138 net Win pool went on Inferno (No 1), but for whatever reason less than R1 000 was wagered on the same horse in the net place pool of R29 138.

R29 138 divide by 3 = R9712.67

Inferno amount wagered therefore = R9,712.67/R9.8 a place = R991.09 units wagered
Strong N Powerful amount wagered therefore = R9,712.67/R6.6 a place = R,1471.62 units wagered
Rocket Star amount wagered therefore = R29,138 - R1,471.62 - R991.09 =R 26,675.29 units wagered

So some punter wagered R26,675.29 on Rocket Star. PGI had to cover the shortfall and has to guarantee a place dividend for that premium customer lets say at R1.05 = R28,009.06 - R9,712.67 = R18,296.39

So PGI had to cover a deficit of R18,296.39

Normally when the Aussie Ghost Punter was wagering, it was huge places on the heavy favorite to guarantee the minimum payout of R1.05 or R1.1 then place all other runners in the field, normally 8 runners was ideal.

This Singapore one is different cos if Rocket Star ran off the board, the only way to recoup your money is to wager the favorite on the bookies for a tote place.

The last scenario is that the premium punter wagered his rebate on the Rocket Star to get inflated dividends on the other runners so in essence he had nothing to loose.

By the way this premium punter in my opinion was in cahoots with a people at PGI.

Please Log in or Create an account to join the conversation.

  • Mac
  • Platinum Member
  • Platinum Member
  • Posts: 12013
  • Thanks: 940

Re: Re:What happened here

4 years 8 months ago
#797851
... but the numbers we are talking are still sh*t and small stones. One becomes corrupt only for beeeg money. I think someone clever just noticed and assessed risk v opportunity. And who says it was just one person? There could have also been fifty other punters each with an average R20. C’mon, save your energy and tip us the winner of the Summer Cup.


Sent from my iPhone using Tapatalk

Please Log in or Create an account to join the conversation.

Time to create page: 0.120 seconds