Australian racing

[TipTopTrader]

I'm hoping Raktoff in race 7 at Sandown can lead all the way and recoup some of the lose on Evening Glory.

[Anbell]

Good question. You could do the math in excel for the liability and get excel to perform the calculation. I haven't explored that aspect of Guardian to see if that is there - would be a good feature if it was - but definitely doable in Excel.

Cheers. I'm surprised that there doesnt to be a simple way of doing it.

ETA: Greening up gives you the option of mkt/reverse market. It'd be handy of they had the standard other options (clicks above/below, % above/below etc)

[Anbell]

Kalg R1 back to 4.30

[Naffman]

Kalg R1 back to 4.30

What a mess

[gazuty]

"Racing Victoria is expected to announce a new date for the Caulfield Cup to avoid a clash with AFL finals.
The Caulfield Cup, one of the biggest races of the season and a key lead-up to the Melbourne Cup, could be moved from mid-October to November 28, according to the Herald Sun."

[Anbell]

The winner of Mack R3 had $11 traded IP at 890.

[gazuty]

Betfair updating its rules for NSW on 1 June - https://www.betfair.com.au/hub/turnover-charge/

[Anbell]

Betfair updating its rules for NSW on 1 June - https://www.betfair.com.au/hub/turnover-charge/

THanks for that

OLD:
This charge will only apply to customers who during a week meet all three of the below criteria:

have matched back bets on 25 or more RNSW markets;
have matched back bets with an aggregate value of $2000 or greater on RNSW markets; and
the total commission generated by the customer on RNSW markets is less than 1.5% of the aggregate value of matched back bets placed by the customer on those markets.
The charge will be 1.2% of the aggregate value of matched back bets on RNSW markets.


New:
have matched back bets on 1 or more NSW thoroughbred markets;
have matched back bets with an aggregate value of $6,000 or greater on NSW thoroughbred markets; and
the total commission generated by the customer on NSW thoroughbred markets is less than 1.25% of the aggregate value of matched back bets placed by the customer on those markets.
The charge will be 2.4% of the aggregate value of matched back bets on NSW thoroughbred markets.


No more tokens!

[Naffman]

Thanks for sharing that as I would've totally missed it.

Wonder if this is because of BF paying too much in race field fees (maybe with all the new traders coming in) or because of the V'landys NRL deal that happened yesterday.

Whatever the reason these markets are going to take a serious hit

[gazuty]

Thanks for sharing that as I would've totally missed it.

Wonder if this is because of BF paying too much in race field fees (maybe with all the new traders coming in) or because of the V'landys NRL deal that happened yesterday.

Whatever the reason these markets are going to take a serious hit

No worries, (I got a courtesy email from BF).

Yes, I'd say the volume step up changes it all.

[Naffman]

Thanks for sharing that as I would've totally missed it.

Wonder if this is because of BF paying too much in race field fees (maybe with all the new traders coming in) or because of the V'landys NRL deal that happened yesterday.

Whatever the reason these markets are going to take a serious hit

No worries, (I got a courtesy email from BF).

Yes, I'd say the volume step up changes it all.

Thinking about it though and they should've really done this 5 years ago, keep the gamblers and getting rid of the traders.

Edit: also no mention at all on twitter anywhere so I wonder how many are going to get caught out

[Lutruwita]

Wow. No email for me yet, either.

V'Landy's is the devil incarcerate.

[gazuty]

Wow. No email for me yet, either.

V'Landy's is the devil incarcerate.

In the email, it said BF would call and give a warning before it would be imposed if it were tripped.

Be really interesting to see what happens to volume. Maybe something, maybe nothing, it is hard to say until the 1st rolls around.

[TipTopTrader]

how many accounts will be hitting 5999 every week from now on?

[TipTopTrader]

How many days will Derek spend in the rant corner?