Skip to main content

6% 6

Not here of course, but the 6% takeout pick 6 has begun down under. It is a flexi-bet as well.

NSW and Victorian TAB punters invested almost $1.1 million on the six BIG6 pools last Saturday as Australia’s newest and biggest bet type was launched.

The cross-state NSW BIG6 thoroughbred pool held $447,000, while the Victorian thoroughbred BIG6 held $422,000. The Victorian harness BIG6 on the Ballarat Pacing Cup meeting had a pool of $110,000.


Australia has about 1/20th the population and GDP of North America.

Hat tip to Equidaily.com.

Comments

Scott Ferguson said…
Something wrong with that link btw.

It's a brand new bet type, something that has long been wanted by Aussie punters. But there are a few holes in it. However, cutting the takeout from 25% down to 6% means the interest is there straight away. and the best part for the small player is the flexi-betting option. If you have two horses in each leg, it would cost you $64 for $1 units. But you can take a percentage of the bet and go wider. Eg three in each leg (normally $729) and spend only $100, so your ticket would worth 13.7% of the winning dividend.

Their biggest failing in setting this up is that the pools are still divided by state because of stupid govt politics. It should be a nationwide pool, promising life-changing amounts, with the potential of rollover jackpots. Live TV coverage on free-to-air TV (like the Scoop6 in the UK - one ticket collected £1.4m last weekend) would also bump the pools way up.
Pull the Pocket said…
This is a flexi bet six? I must edit that then.

Jurisdictional fighting getting in the way of wagering? Say it aint so Scott :)
Scott Ferguson said…
for any exotic bet in Vic & NSW you can place a flexi bet, you just nominate how much you wish to spend, or what % you wish to take. It's not exclusive to this bet type. It does mean the little player gets a chance to have a big ticket with lots of runners. However, the downside is, big jackpots are less likely to occur (although if the pool is only won by a 20% ticket, then the rest will roll over - I think).

Popular posts from this blog

Sword Dancer Shenanigans Proves the Public's Point

Ask any random person who has not watched a horse race, or maybe have seen one or three : "Is horse racing fixed?"

They'll probably say, sure it is; common knowledge.

At that point, racing folks get excited to defend their sport. 99% of the races are clean, there is too much money involved to fix races, etc etc. 

Then we have yesterday's Sword Dancer, where not one of us can blame anyone for thinking like they do about the sport.

It's probably bad enough that a "rabbit" was entered for an old-time form of race fixing, but that the horse was ridden like a quarterhorse made the optics look terrible. That another horse - Roman Approval - had to be physically restrained due to the cowboy style race riding of the horse sent to destroy him, is probably just as bad optically.

But that was just the beginning. The real story had just begun.

At the head of the lane, this rank, spent, heart-ripped out rabbit, needed to do even more work for the 1-9 shot. He had t…

If #harnessracing is Afraid of the Answer......

There's a saying, apparently, from the legal community - never ask a question if you don't know the answer.

Today at the USTA meeting Jason Settlemoir put forth a motion that the USTA ask its membership the feelings on a question regarding slots and marketing. In a nutshell, it asked if a percentage of slot money should go into a slush fund to be spent on marketing and ancillary items to promote and grow the sport.

When the 54 director votes were tallied, the score was 47 to 7..... against.

Yes, the leadership of an organization voted down, in a landslide, asking the grassroots membership a question. 

Sure this seems super-silly, but why they did it, I think, is an easy one. They knew that if they asked the question the answer would be a resounding "yes". Then all hell would break loose. They'd have to try and get that done.

If harness racing is afraid of the answers to questions, they don't ask them. That seems to be the mantra of the sport. And it's p…

PTP's Bathing Index ® Derby Handicapping Angles - This is Much Better than Dosage

Good day racing fans!

It's one week until the Derby, where drunk people, rich people, sororities at almost every University, and others get together to watch, wager, take molly, drink juleps, wear hats, have parking issues, and partake in the annual Kentucky horse racing tradition.

I have scanned the big websites, read almost all social media and was very surprised that there are not a lot of people giving their thoughts on this year's Run for the Roses. It's like no one has an opinion! So in my never ending search for traffic, I decided to pop up a handicapping post. I think this post will help both new fans and old salty handicappers land on a winner.

As most know, physicality is important for handicapping (Leadbetter, et al). A lesser known angle is watching how a horse reacts while getting soapy water thrown on him. As long time handicapper Jessica notes, it can be a key to unlocking Derby betting fortune.


Preach.

Let's begin with our control group, Kentucky Derby …