Australian racing

The sport of kings.
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Cards37
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Joined: Sun Oct 01, 2017 7:40 am
Location: Canberra, Australia

I know this isn't strictly Aussie racing but two of our major bookies are merging tonight ...William Hill and Crownbet. Combining to form BetEasy (hate the name).
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Bog
Posts: 190
Joined: Sat Aug 11, 2018 7:19 am

Hi guys! Does anybody knows if NSW trots markets are included for turnover charge?

I just payed 33 $ - turnover charge for last week. I made 130 $ profit on ~60 NSW markets, from which 18$ on trots markets .
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Derek27
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Location: UK

Bog wrote:
Fri Aug 17, 2018 5:35 pm
Hi guys! Does anybody knows if NSW trots markets are included for turnover charge?

I just payed 33 $ - turnover charge for last week. I made 130 $ profit on ~60 NSW markets, from which 18$ on trots markets .
You can find out by looking at the rules on the Betfair site for a market. It always says if it's a turnover charge market and whether cross-matching.
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Derek27
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Didn't sleep last night so I was still thinking it's Thursday up until an hour ago.

Randwick, Caulfield, Ipswich, what more could one ask for? :D
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Euler
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Location: Bet Angel HQ

I'll be interested to see how the Group racing at Caulfield trades.
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PDC
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Euler wrote:
Fri Aug 17, 2018 6:36 pm
I'll be interested to see how the Group racing at Caulfield trades.
Will you be doing the whole session tonight?

Why are you interested in Caulfield in particular? Are you expecting it to trade in a certain way or a change from in the past or something else?

Randwick I would have thought is the main meeting tonight, especially with the Group 1 Winx stakes
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Bog
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Derek27 wrote:
Fri Aug 17, 2018 6:31 pm

You can find out by looking at the rules on the Betfair site for a market. It always says if it's a turnover charge market and whether cross-matching.
Thanx Derek! I have looked and it doesn't says on trots races that their is an turnover charge...
Good luck tomorrow morning if you are trading aussie markets :D
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Derek27
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PDC wrote:
Fri Aug 17, 2018 6:43 pm
Euler wrote:
Fri Aug 17, 2018 6:36 pm
I'll be interested to see how the Group racing at Caulfield trades.
Will you be doing the whole session tonight?

Why are you interested in Caulfield in particular? Are you expecting it to trade in a certain way or a change from in the past or something else?

Randwick I would have thought is the main meeting tonight, especially with the Group 1 Winx stakes
I can't imagine what sort of turnover charge Peter would rack up if he traded at Randwick!
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Naffman
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Bog wrote:
Fri Aug 17, 2018 6:55 pm
Derek27 wrote:
Fri Aug 17, 2018 6:31 pm

You can find out by looking at the rules on the Betfair site for a market. It always says if it's a turnover charge market and whether cross-matching.
Thanx Derek! I have looked and it doesn't says on trots races that their is an turnover charge...
Good luck tomorrow morning if you are trading aussie markets :D
There is a turnover charge on the nsw trots, only the greys in nsw is exempt
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gazuty
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Location: Green land :)

Sure once Winx retires, it makes sense to get Frankel out here to roger her and Black Caviar?
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Derek27
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Randwick's trading as well as ever, seems to be more backers than layers.
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Derek27
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gazuty wrote:
Sat Aug 18, 2018 1:59 am
Sure once Winx retires, it makes sense to get Frankel out here to roger her and Black Caviar?
I'm afraid they'll have to come over here. Stallions don't travel to cover mares. :)
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PDC
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Derek27 wrote:
Fri Aug 17, 2018 10:08 pm
I can't imagine what sort of turnover charge Peter would rack up if he traded at Randwick!
As long as he doesn't trade more than 24 NSW markets this week he won't pay any.

Hopefully he still sees my question as I am interested in why he was so interested in Caulfield, I feel like I am missing something I should be aware of.

I didn't find the first at Randwick the best but was rushing to get set up for the session.

Good to see Gold Coast is on ATR, don't always get it. Randwick is on ATR, but Caulfield isn't.
Last edited by PDC on Sat Aug 18, 2018 3:21 am, edited 1 time in total.
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Derek27
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Whether you pay turnover charge or not, Betfair has to pay it to NSW on your behalf. So if you avoid TC by trading less than 25 markets and cost them a lot of money they will ask you to stop or possibly close your account.
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PDC
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I thought the first at Caulfield traded very much like Flemington does. I don't know why the big Victorian tracks all seem to have so much money sat in the market. It is like there is one big player in the market doing it.

Why do you like Ipswich so much Derek?
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