October
AugustCashing out and in
In reply to Pittsburgh Phil’s call (1/8) for punters to be allowed to cancel bets, I’d note that some operators allow cash out — sometimes at a cost, sometimes at a profit depending on market moves.
To take a recent example, the aptly named No Refund in the last at the Gold Coast on August 1 was $20 into $14 then, after the favourite was scratched and consequent deductions, was backed into $5.
My bookie offered cash out at 210 per cent. The horse ran fourth. Was I smart enough to take the offer? No.
What I want is some corporate to offer an original bet price guarantee. If there’s deductions due to scratchings, okay, I’ll accept that. But if the price then drifts back past what it was for my original wager, I’d like my price restored to the original price or better.
Wild Charlotte in the first at Donald that same day is a prime example — I backed her at $10, deductions reduced that to $7 but she SPed at $12, and won.
Yep, I’m speaking through my wallet but it’s happened a few times.
Anyway, Phil, good luck. I see the new TAB (here in Queensland) offered some great in-venue specials. Hope they repeat it for you Vics when you’re allowed out again.
Yeppoon (Qld)