What has happened to the days of 25% of the fixed price being offered on place bets, asks Sporting Post reader David Liebrecht.
He also poses the question as to what has happened to a place double being 10% of the fixed double?
Liebrecht writes further:
One now gets about 12.5% of the fixed price, and a relative price for a place double.
Betting World are using the excuse that for 14 or more horses in the race they give 4 places.
Betting World, must realize that the more horses in a race the more difficult it is for the punter.
Therefore that argument holds no water.
In a game that seriously needs to hold on to its existing followers, and attract newcomers, these poor payouts are not helping.
Regards
David Liebrecht (via email)
Sporting Post Ed comments:
There are many reasons for this, amongst them being that those percentages come from a world where turnaround and life in general was measured in bushels and furlongs. Both sides are now armed with data at the speed of light and, whereas before 1% here or there didn’t matter, in the new world it’s all the difference.
If you were a bookmaker and offer exactly what you are asking for, you’d be obliterated!
