Australian (ASX) Stock Market Forum

Melbourne Cup 2012

Well here is hoping, we are moving down the line of Black Caviar -- I heard that horse was never whipped and always won.
 
if they run a proper book they should win every race

I'm sure it's not as easy as it sounds, overall alot more fail than make it. Competition is pretty stiff nowaways with exchanges and online bookie competition. Fav/longshot bias means they will probably lose when big favourites get up, yesterday would have been a very good day for them
 
I had a feeling that Green Moon would do something. I put that bet on about 5 mins before they jumped. That's the extent of my betting for this year.


Logique, good episode of D. Brown next week. Actually they're all good.
 

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I'm sure it's not as easy as it sounds, overall alot more fail than make it. Competition is pretty stiff nowaways with exchanges and online bookie competition. Fav/longshot bias means they will probably lose when big favourites get up, yesterday would have been a very good day for them

its not, but theres enough room to lay off any bad exposure in any race now... there is an element of taking a position, but the big spring carnival cups days are the big earners for on course bookies, regardless of results
 
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