What TAB actually charges
New Zealand has one bookmaker, and nobody publishes what it costs to bet with, not even TAB. So we measured the whole board: about 7% on sport, about 24% on the races. Open any race and watch the book add past 100%.
Writing
Notes on betting value in New Zealand, measured against our own data, not asserted.
New Zealand has one bookmaker, and nobody publishes what it costs to bet with, not even TAB. So we measured the whole board: about 7% on sport, about 24% on the races. Open any race and watch the book add past 100%.
Most betting advice is about picking winners. Expected value is about prices. Flip a coin a thousand times below and watch what a 0.20 difference in the odds does to the same bets.
The working behind the sports half of the margin index. One full capture of the TAB board, 146,956 prices, and where the cut sits sport by sport. The draw is the expensive part.