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05-20-2022, 05:46 AM
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#16
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Quote:
Originally Posted by Tom
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oh shit exchange wagering making is return to jersey….
wheres the line……
Allan
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05-20-2022, 08:57 AM
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#17
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Advise......get your bets in EARLY!!!!!
Handicap your day.....find a horse that cant lose
get 2-1 odds before others get in....
https://www.playnj.com/news/nj-betto...s-debut/64557/
Last edited by geroge.burns99; 05-20-2022 at 09:02 AM.
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05-21-2022, 07:36 PM
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#18
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Registered User
Join Date: Feb 2014
Posts: 4,520
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on my way back from monmouth.
here is my take.
1. tellers taking forever to punch tickets. 10wp on 2. how hard is that to punch.
2. prices were fantastic. prolly a mistake that i got 16-1 on 2 horse in the 6th.
overall i was glad to have an option to lock in the price liked.
will be glad when i can write my own tickets on line.
Allan
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05-22-2022, 12:29 PM
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#19
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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nice going......
posting this
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05-22-2022, 01:37 PM
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#20
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Registered User
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
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will fixed odds be available online or at the track only?
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05-22-2022, 01:54 PM
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#21
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,915
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Quote:
Originally Posted by geroge.burns99
nice going......
posting this
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Is that left column odds-to-1 or the actual payout?
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05-22-2022, 02:30 PM
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#22
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Quote:
Originally Posted by Dave Schwartz
Is that left column odds-to-1 or the actual payout?
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https://www.playnj.com/news/nj-betto...s-debut/64557/
Here ya go Dave....
confusing when they show the $ sign...right
Last edited by geroge.burns99; 05-22-2022 at 02:35 PM.
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05-22-2022, 04:00 PM
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#23
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,915
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Quote:
Originally Posted by geroge.burns99
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So, if I understand correctly, the winner paid $7 for $1, or $14 for $2 with fixed odds, while paying ~4/1 on the tote.
Adding up the booking percents, that would make this a 114.5% race - which would be damn good.
By comparison, MTH Tote looks to be a 128-129% track.
But these are OPENING ODDS for the book and CLOSING ODDS for the tote.
Confused. Could not find an EQB chart MTH 1st race where #4 won the race. What day was this?
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05-22-2022, 04:22 PM
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#24
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Registered User
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
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do the fixed odds stay the same (except for scratches) or are they adjusted as you get closer to the off time?
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05-22-2022, 04:57 PM
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#25
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Registered User
Join Date: Nov 2015
Location: LNN
Posts: 524
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Quote:
Originally Posted by green80
do the fixed odds stay the same (except for scratches) or are they adjusted as you get closer to the off time?
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They change. You will often get a better price by betting early as the public often catches up. However, if you feel your pick is disguised from the public, you should bet late.
__________________
They didn't take your money...You paid for lessons
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05-22-2022, 06:33 PM
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#26
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Registered User
Join Date: May 2009
Location: Toronto
Posts: 66
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I switched earlier this year to a popular UK sportsbook and only wager on horse racing using fixed odds. There are so many advantages aside from the obvious, such as entries are decoupled, no minimum wager limit, and in the case of disqualification both the official winner and the horse which crossed wire first gets paid out, plus a best odds guarantee (UK/Ireland races only) meaning if closing odds are higher at post time than your fixed odds you get paid the higher of the two.
I am actually in the black for the first time in a very long time.
Cheers.
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05-23-2022, 10:39 AM
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#27
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Quote:
Originally Posted by deelo
They change. You will often get a better price by betting early as the public often catches up. However, if you feel your pick is disguised from the public, you should bet late.
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they changed like crazy, my 16 in the 6th race on saturday on #2 10 MTP (17) became 8 SP (9)
it was 14, 17, 14, basically no one was betting the 2 until late.
Allan
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05-23-2022, 01:16 PM
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#28
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,915
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Quote:
Originally Posted by biggestal99
they changed like crazy, my 16 in the 6th race on saturday on #2 10 MTP (17) became 8 SP (9)
it was 14, 17, 14, basically no one was betting the 2 until late.
Allan
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I am sorry, but I do not understand what you said.
Could you explain again?
It seems you wanted to bet #2 but confused by:
Quote:
my 16... #2 10 MTP (17) became 8 SP (9)
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Maybe 16 was opening odds?
at 10 mtp was 17?
at 8 mtp was 9?
Confused by "8 SP (9)"
What's SP?
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05-23-2022, 01:30 PM
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#29
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Registered User
Join Date: Feb 2014
Posts: 4,520
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Quote:
Originally Posted by Dave Schwartz
I am sorry, but I do not understand what you said.
Could you explain again?
It seems you wanted to bet #2 but confused by:
Maybe 16 was opening odds?
at 10 mtp was 17?
at 8 mtp was 9?
Confused by "8 SP (9)"
What's SP?
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sp equals starting prices.
and betmakers are confusing to the regular bettor
the sp on the 2 was 8-1 which is decimal wagering 9.
the bookies in the UK give out the fractional prices.
Monmouth (betmakers) is using decimals for fixed odds wagering.
which is easy to understand if you bet the exchange but near impossible to explain to the average America bettor.
1.95 is odds on. huh?
Allan
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05-23-2022, 05:37 PM
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#30
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,764
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i wonder if they were taking fixed odds on Presque Isle today, only because i had the winner in the last race and i would have loved to kiss someone with that.
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