Wednesday, July 28, 2010

TAB Sportsbet Chariots Of Fire Market - nothing short of embarrassing

This is almost laughable

Sportsbet No. Runner Win Place
81804 MAKE MINE CULLEN 2.70 1.42
81803 HARLEY EARL 4.00 1.75
81806 IMA ROCKET STAR 4.60 1.90
81809 VILLAGEM 6.50 2.37
81802 CAPTAIN JOY (2E) 6.50 2.37
81801 DEADSETLUCKY 8.00 2.75
81810 BUCKEYE NATION 11.00 3.50
81807 THE BAND ON RUN (1E) 13.00 4.00
81805 JACCKA SINGH 31.00 8.50
81811 GARNET RIVER 41.00 11.00
81808 INTERNATIONALPLAYBOY 81.00 21.00
81812 ERICS LEGEND 101.00 26.00

Odds updated at: 11:24:47 AM Tue 27 Jul 2010

•Subsequent scratching of runners other than bet selection may result in a deduction on quoted price according to Tabcorp table of deductions.

Based on my figures, they have set a final field market of in excess of 153% and should be embarrassed by it. It is a group 1 race with all the form outlined from 2 heats with horses with well established formlines. I can understand bookies going up with high percentages in a Colac Maiden with 16 runners with a few first starters but in a Group 1 race ....... Please!

Based on the 2 emergencies not gaining a start, the REAL prices of the favoured runners net of deductions are as follows:

Make Mine Cullen $2.30
Harley Earl $3.35
Ima Rocket Star $3.75
Villagem $5.30
Deadsetlucky $6.50
Buckeye Nation $9

There is 145% in those horses alone!!!

Fair crack of the whip guys, it is a Group 1 race with firmly established formlines for all runners so grow a set and either do it properly or don't even bother as it just smacks of not knowing your product currently despite it being one of the premier races all year.

If they stipulated that there would be no deductions for the emergencies (which they do not apart from the general spiel saying there MAY be deductions) then the market wouldn't be too bad at 132% but even then it is still way too high for one of the top races on the calendar with patently obvious formlines. Should be 125% maximum.