Monday, March 29, 2010

BMW horse racing update

As readers of this blog will know, I'm not a big fan of futures betting. I think too many people take short odds too far out from the outcome. Consequently, their choice strikes injury, conditions change, form kicks in or out, lots of things can happen.

There is one situation when futures can work in a punter's favour, however, and that's when they spot a reasonable chance at long odds.

That's what has happened with the BMW. They see a reasonable chance of rain and take mud runners at 100-1. Sadly, the rest of us will now find the 20-1 a little short to worry about!


BIG MONEY FOR WET TRACKERS IN BMW

Punters have backed two long priced mudlarks for this Saturday’s BMW with big bets struck on both Harris Tweed and No Wine No Song at Sportingbet Australia.

Harris Tweed has been backed from $41 to $21 at Sportingbet while No Wine No Song has been the subject of a sustained move that has seen his price shorten up from $101 to $21 in the past week.

“We took bets of $44,000 to $1100 and $34,000 to $1000 each way on Harris Tweed this morning which certainly suggests he has done well since his last start second in New Zealand, “ Said Sportingbet Australia CEO Michael Sullivan.

“We laid a bet of $20,000 to $200 each way on No Wine No Song last week and he gradually shortened up to $26 where we took a bet of $50,000 to $2000 each way this morning.

“Both horses have won on heavy tracks so I am sure the punters will be hoping the forecast rain arrives in Sydney this week.”

Theseo is the current $3.20 favourite at Sportingbet Australia ahead of Speed Gifted at $6 and Daffodil at $8.00.

The BMW 2010 (All in Betting)
Sportingbet Australia market
Theseo 3.20
Speed Gifted 6.00
Daffodil 8.00
Moatize 11.00
Littorio 13.00
Roman Emperor 15.00
Vigor 19.00
Purple 21.00
Harris Tweed 21.00
Divine Rebel 21.00
No Wine No Song 21.00
Others $26+

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