BLOGS

Minimum Bet Laws update & Weekly Highlights 29 Jun - 5 Jul

Wednesday, 08 July 2020

Share post on

image

 

Facebook Twitter YouTube

 

 

 

image

 

Weekly Highlights

29 Jun - 5 Jul

Strikers

https://www.winningedgeinvestments.com/products/strikers/

Week: +19.4 units profit (39% POT)

Overall: +106.1 units profit (14% POT)

A huge Tuesday going 3/3 & clearly highlighted by Nine Clouds at $10.40!! Small win on Wednesday with Aberdeen Queen saluting at $2.50. Also a minor win on Thursday driven by Cane Cutter at Murwillumbah. Minor loss Friday before a nice day on Saturday highlighted by Vitesse $6 & Quotant $2.60.

Strikers has delivered +106 units ($10,600 per $100 unit) PROFIT in under 4 months.

 

Greyhound Genius

https://www.winningedgeinvestments.com/products/greyhound-genius/

Week: +15.5 units profit (39% POT)

Overall: +1095.7 units profit (13% POT)

We had a rare Monday bet to kick off the week and it was worth it with Nangar Silk bolting in at Grafton. 1 bet for 1 winner on Wednesday night with Ritza Coen saluting at Wentworth Park. Close to another big day on Thursday with our two bets King Kalyn & Pete Tanga both running 2nd (21.5u worth). We bet into one race on Saturday night & landed the cash with Tommy Shelby proving too speedy at $2.90!

Greyhound Genius has delivered +536 units ($53,600 per $100 unit) PROFIT since 1 June 2018 at 19% POT!!!

 

Saturday Specials

https://www.winningedgeinvestments.com/products/saturday-specials/

Week: +4.6 units profit (23% POT)

Overall: +87.4 units profit (31% POT)

A strong day on Saturday. Winners included Calypso Reign $5.20, Elixir $4.90 & Royal Witness $4.40. We weren’t far off a massive day with Nerodio running 2nd at Belmont (10.4u worth).

Saturday Specials has delivered +87 units ($8,700 per $100 unit) PROFIT in under 4 months.

 

NRL Tips

https://www.winningedgeinvestments.com/products/nrl-tips/

Week: +0.1 units profit (0.3% POT)

Overall: +237.4 units profit (14% POT)

We go 1/4 across the weekend but still finish in front & make it 4/4 winning rounds to start the season thanks to the Warriors defeating the Broncos. We also had a good bet on the West Tigers +5.5, who looked like covering for the entire match before conceding a late try and losing 19-12.

NRL Tips has delivered +41.6 units ($4,160 per $100 unit) PROFIT so far this season at 40% POT!!!

 

 

 

Minimum Bet Laws Update

NSW Greyhounds punters received a welcome piece of news last week, with Minimum Bet Law regulations finally approved and starting last week on July 1.

Further detail on this is below.

How minimum bet laws work is that the amount of profit you can make is calculated after the stake is returned to you. This is somewhat like the old days of fractional odds so for example, if a horse is $5 and the limit is $2,000 you can place a $500 fixed odds bet on that horse to win $2,500 where $500 is your original stake and $2,000 is your profit.

The laws are as follows:

“Approved Australian off-course wagering operators are required to lay the odds displayed for fixed odds bets after 9:00am on race-day for thoroughbred day meetings or 2:00pm on race-day for thoroughbred night meetings to the limits below” (9am onwards for all meetings in QLD and the ACT)

Minimum Bet Limits Rules

Provided the wagering service provider’s annual turnover is over $5m, bookmakers must not:

  1. Refuse to accept a fixed odds bet.
  2. Close a person’s account.
  3. Refuse to open a person’s account.
  4. Place any restrictions on a person’s account.
  5. Refuse to lay a fixed odds bet to any person when those fixed odds are publicly displayed.
  6. Laying lesser odds to a person than those publicly displayed.
  7. Perform any other act or refuse to do an act in order to avoid these provisions.

Metropolitan NSW Thoroughbred races

  • Wagering operator to lose a minimum $2,000 (*place component $800)

Non-Metropolitan NSW Thoroughbred races

  • Wagering operator to lose a minimum $1,000 (*place component $400)

Metropolitan Victorian Thoroughbred:

  • In any one Win, Win/Place or Each-way bet: to lose $2000
  • In any one Place bet: to lose $800

Non-metropolitan Victorian Thoroughbred:

  • In any one Win, Win/Place or Each-way bet: to lose $1000
  • In any one Place bet: to lose $400

Metropolitan Queensland racing:

  • In any one Win, Win/Place or Each-way bet: to lose $2000
  • In any one Place bet: to lose $800

Non-metropolitan Queensland racing:

  • In any one Win, Win/Place or Each-way bet: to lose $1000
  • In any one Place bet: to lose $400

SOUTH AUSTRALIA

MBL’s start at 9am raceday for daily meets and 2pm for night meets.

METRO: Bet to win $2000 ($800 place component)

NON-METRO: Bet to win $1000 ($400 place component)

https://www.racing.com/news/2018-07-03/sa-introduces-minimum-bet-limit

TASMANIA

MBL’s start at 9am raceday for daily meets and 2pm for night meets.

ALL THOROUGHBRED RACING Bet to win $1000

https://tasracing.com.au/minimum-bet-limit-introduced-tasmanian-thoroughbred-racing

ACT

MBL’s start at 9am raceday for daily meets and 2pm for night meets.

BLACK OPAL STAKES MEETING: Bet to win $2,000 ($800 place component) ALL OTHER THOROUGHBRED RACING $1,000 ($400 place component)

GREYHOUNDS

For New South Wales Greyhound events, from July 1, the following minimum bet levels will be applicable for wagers made via account, from within two hours prior to the scheduled start time of the opening race of the meeting / race programme:-

Metropolitan NSW Greyhound races – Group 1 Final Field Races and Million Dollar Chase Final

$2,000 (*Place component $1,000)

Metropolitan NSW Greyhound races – All other races

$750 (*Place component $375)

Non-metropolitan NSW Greyhound races

$500 (*Place component $250)

 

ALL INFO ABOUT MINIMUM BET LAWS

 

 

 

DETAILED RESULTS SPREADSHEET FOR ALL SERVICES

 

 

 

WINNING EDGE PODCAST

Hear from leading trainers, jockeys and key racing industry identities on a range of betting related topics in the Winning Edge podcast.

 

LISTEN: WINNING EDGE PODCASTS

 

 

 

image

image

 

 

 

WINNING EDGE TV

Watch the Winning Edge YouTube channel to stay up-to-date with informative videos, webinars and interviews.

 

 

WINNING EDGE YOUTUBE CHANNEL

 

 

 

Invest intelligently with Winning Edge

Official results are tallied using our fair odds recording policy: either the third-highest fixed price available, or the tote option advised. With over 20 bookmaker options available to punters in Australia, plus three totes, plus Betfair, most members exceed official results.

Every member receives a 120 page Members Information Pack full of information on how to maximise their profits, covering topics including how to get the best possible odds, how to avoid getting banned by the bookies, improving mindset, sound bankroll management, understanding variance, FAQs and much more.

Our analysts are highly experienced, professional punters in their own right: if they're recommending a bet to you, it's because they're backing it themselves.

Our clients include full time and semi professional punters, stewards, trainers, jockeys, owners and media, all the way through to novices who want to simply 'bet and forget' profitably with Australia's most respected, reputable & profitable tipping organisation

All services have a long term track record of sustainable profit, with full transparency, honesty and accountability. Winning Edge is the only tipping organisation with results posted to the website and social media daily, win or lose.

Our team is made up of real people with social media profiles who are always contactable & passionate about providing more than just tips, but also education and advice to punters on how to become highly profitable long term.

We have a long list of testimonials from happy, successful long term clients who have been with us since inception. Unlike virtually all other tipping organisations, we don't and have never received affiliate commission payments from bookmakers based on your losses.

Sick of losing? Start treating your betting like a business with Winning Edge Investments.

 

Facebook Twitter YouTube

 

Related Posts

Saturday, April 13, 2024

Saturday Newsletter 13 Apr 2024

It's a massive day at Randwick with four Group 1 races . The $5,000,000 Queen Elizabeth Stakes has Australian Cup winner Cascadian taking on rivals Via Sistina, Place Du Carrousel, Pride Of Jenni and Mr Brightside in what will be an amazing watch. Th

Saturday, April 6, 2024

Saturday Newsletter 6 April 2024

It is a massive day at Randwick with four Group 1 races. The $4,000,000 Doncaster Mile has Another Wil as early favourite as he aims for 5 wins in a row, in a race with many chances. Last year's winner I Wish I WIn returns to defend his title in the 

Saturday, March 16, 2024

Saturday Newsletter 16 March 2024

Today we have the $3,750,000 All Star Mile at Caulfield, featuring some of the best horses in Australia competing for the massive prize money where 2023 winner Mr. Brightside is currently the market favourite. The field includes Pride Of Jenni who wa

Monday, March 11, 2024

Saturday Newsletter 9 March 2024

↵Today, Flemington has a talented field of sprinters for the Group 1 $1,500,000 Newmarket Handicap where Imperatriz is expected to extend her picket fence of wins. The Group 2 $300,000 VRC Sires’ Produce Stakes over 1400m sees Rue De Royale the curre

Monday, March 4, 2024

AFL TIPS 2024 Q&A

Introducing Will – Our AFL Guru Click here to join Expert AFL Betting Tips - AFL Betting Strategies and Advice //www.winningedgeinvestments.com/products/afl-tips How long have you been betting profitably on AFL?I have been betting profitably on the A

BLOGS

Minimum Bet Laws update & Weekly Highlights 29 Jun - 5 Jul

Wednesday, 08 July 2020

Share post on

image

 

Facebook Twitter YouTube

 

 

 

image

 

Weekly Highlights

29 Jun - 5 Jul

Strikers

https://www.winningedgeinvestments.com/products/strikers/

Week: +19.4 units profit (39% POT)

Overall: +106.1 units profit (14% POT)

A huge Tuesday going 3/3 & clearly highlighted by Nine Clouds at $10.40!! Small win on Wednesday with Aberdeen Queen saluting at $2.50. Also a minor win on Thursday driven by Cane Cutter at Murwillumbah. Minor loss Friday before a nice day on Saturday highlighted by Vitesse $6 & Quotant $2.60.

Strikers has delivered +106 units ($10,600 per $100 unit) PROFIT in under 4 months.

 

Greyhound Genius

https://www.winningedgeinvestments.com/products/greyhound-genius/

Week: +15.5 units profit (39% POT)

Overall: +1095.7 units profit (13% POT)

We had a rare Monday bet to kick off the week and it was worth it with Nangar Silk bolting in at Grafton. 1 bet for 1 winner on Wednesday night with Ritza Coen saluting at Wentworth Park. Close to another big day on Thursday with our two bets King Kalyn & Pete Tanga both running 2nd (21.5u worth). We bet into one race on Saturday night & landed the cash with Tommy Shelby proving too speedy at $2.90!

Greyhound Genius has delivered +536 units ($53,600 per $100 unit) PROFIT since 1 June 2018 at 19% POT!!!

 

Saturday Specials

https://www.winningedgeinvestments.com/products/saturday-specials/

Week: +4.6 units profit (23% POT)

Overall: +87.4 units profit (31% POT)

A strong day on Saturday. Winners included Calypso Reign $5.20, Elixir $4.90 & Royal Witness $4.40. We weren’t far off a massive day with Nerodio running 2nd at Belmont (10.4u worth).

Saturday Specials has delivered +87 units ($8,700 per $100 unit) PROFIT in under 4 months.

 

NRL Tips

https://www.winningedgeinvestments.com/products/nrl-tips/

Week: +0.1 units profit (0.3% POT)

Overall: +237.4 units profit (14% POT)

We go 1/4 across the weekend but still finish in front & make it 4/4 winning rounds to start the season thanks to the Warriors defeating the Broncos. We also had a good bet on the West Tigers +5.5, who looked like covering for the entire match before conceding a late try and losing 19-12.

NRL Tips has delivered +41.6 units ($4,160 per $100 unit) PROFIT so far this season at 40% POT!!!

 

 

 

Minimum Bet Laws Update

NSW Greyhounds punters received a welcome piece of news last week, with Minimum Bet Law regulations finally approved and starting last week on July 1.

Further detail on this is below.

How minimum bet laws work is that the amount of profit you can make is calculated after the stake is returned to you. This is somewhat like the old days of fractional odds so for example, if a horse is $5 and the limit is $2,000 you can place a $500 fixed odds bet on that horse to win $2,500 where $500 is your original stake and $2,000 is your profit.

The laws are as follows:

“Approved Australian off-course wagering operators are required to lay the odds displayed for fixed odds bets after 9:00am on race-day for thoroughbred day meetings or 2:00pm on race-day for thoroughbred night meetings to the limits below” (9am onwards for all meetings in QLD and the ACT)

Minimum Bet Limits Rules

Provided the wagering service provider’s annual turnover is over $5m, bookmakers must not:

  1. Refuse to accept a fixed odds bet.
  2. Close a person’s account.
  3. Refuse to open a person’s account.
  4. Place any restrictions on a person’s account.
  5. Refuse to lay a fixed odds bet to any person when those fixed odds are publicly displayed.
  6. Laying lesser odds to a person than those publicly displayed.
  7. Perform any other act or refuse to do an act in order to avoid these provisions.

Metropolitan NSW Thoroughbred races

  • Wagering operator to lose a minimum $2,000 (*place component $800)

Non-Metropolitan NSW Thoroughbred races

  • Wagering operator to lose a minimum $1,000 (*place component $400)

Metropolitan Victorian Thoroughbred:

  • In any one Win, Win/Place or Each-way bet: to lose $2000
  • In any one Place bet: to lose $800

Non-metropolitan Victorian Thoroughbred:

  • In any one Win, Win/Place or Each-way bet: to lose $1000
  • In any one Place bet: to lose $400

Metropolitan Queensland racing:

  • In any one Win, Win/Place or Each-way bet: to lose $2000
  • In any one Place bet: to lose $800

Non-metropolitan Queensland racing:

  • In any one Win, Win/Place or Each-way bet: to lose $1000
  • In any one Place bet: to lose $400

SOUTH AUSTRALIA

MBL’s start at 9am raceday for daily meets and 2pm for night meets.

METRO: Bet to win $2000 ($800 place component)

NON-METRO: Bet to win $1000 ($400 place component)

https://www.racing.com/news/2018-07-03/sa-introduces-minimum-bet-limit

TASMANIA

MBL’s start at 9am raceday for daily meets and 2pm for night meets.

ALL THOROUGHBRED RACING Bet to win $1000

https://tasracing.com.au/minimum-bet-limit-introduced-tasmanian-thoroughbred-racing

ACT

MBL’s start at 9am raceday for daily meets and 2pm for night meets.

BLACK OPAL STAKES MEETING: Bet to win $2,000 ($800 place component) ALL OTHER THOROUGHBRED RACING $1,000 ($400 place component)

GREYHOUNDS

For New South Wales Greyhound events, from July 1, the following minimum bet levels will be applicable for wagers made via account, from within two hours prior to the scheduled start time of the opening race of the meeting / race programme:-

Metropolitan NSW Greyhound races – Group 1 Final Field Races and Million Dollar Chase Final

$2,000 (*Place component $1,000)

Metropolitan NSW Greyhound races – All other races

$750 (*Place component $375)

Non-metropolitan NSW Greyhound races

$500 (*Place component $250)

 

ALL INFO ABOUT MINIMUM BET LAWS

 

 

 

DETAILED RESULTS SPREADSHEET FOR ALL SERVICES

 

 

 

WINNING EDGE PODCAST

Hear from leading trainers, jockeys and key racing industry identities on a range of betting related topics in the Winning Edge podcast.

 

LISTEN: WINNING EDGE PODCASTS

 

 

 

image

image

 

 

 

WINNING EDGE TV

Watch the Winning Edge YouTube channel to stay up-to-date with informative videos, webinars and interviews.

 

 

WINNING EDGE YOUTUBE CHANNEL

 

 

 

Invest intelligently with Winning Edge

Official results are tallied using our fair odds recording policy: either the third-highest fixed price available, or the tote option advised. With over 20 bookmaker options available to punters in Australia, plus three totes, plus Betfair, most members exceed official results.

Every member receives a 120 page Members Information Pack full of information on how to maximise their profits, covering topics including how to get the best possible odds, how to avoid getting banned by the bookies, improving mindset, sound bankroll management, understanding variance, FAQs and much more.

Our analysts are highly experienced, professional punters in their own right: if they're recommending a bet to you, it's because they're backing it themselves.

Our clients include full time and semi professional punters, stewards, trainers, jockeys, owners and media, all the way through to novices who want to simply 'bet and forget' profitably with Australia's most respected, reputable & profitable tipping organisation

All services have a long term track record of sustainable profit, with full transparency, honesty and accountability. Winning Edge is the only tipping organisation with results posted to the website and social media daily, win or lose.

Our team is made up of real people with social media profiles who are always contactable & passionate about providing more than just tips, but also education and advice to punters on how to become highly profitable long term.

We have a long list of testimonials from happy, successful long term clients who have been with us since inception. Unlike virtually all other tipping organisations, we don't and have never received affiliate commission payments from bookmakers based on your losses.

Sick of losing? Start treating your betting like a business with Winning Edge Investments.

 

Facebook Twitter YouTube

 

Related Posts

Saturday, April 13, 2024

Saturday Newsletter 13 Apr 2024

It's a massive day at Randwick with four Group 1 races . The $5,000,000 Queen Elizabeth Stakes has Australian Cup winner Cascadian taking on rivals Via Sistina, Place Du Carrousel, Pride Of Jenni and Mr Brightside in what will be an amazing watch. Th

Saturday, April 6, 2024

Saturday Newsletter 6 April 2024

It is a massive day at Randwick with four Group 1 races. The $4,000,000 Doncaster Mile has Another Wil as early favourite as he aims for 5 wins in a row, in a race with many chances. Last year's winner I Wish I WIn returns to defend his title in the 

Saturday, March 16, 2024

Saturday Newsletter 16 March 2024

Today we have the $3,750,000 All Star Mile at Caulfield, featuring some of the best horses in Australia competing for the massive prize money where 2023 winner Mr. Brightside is currently the market favourite. The field includes Pride Of Jenni who wa

Monday, March 11, 2024

Saturday Newsletter 9 March 2024

↵Today, Flemington has a talented field of sprinters for the Group 1 $1,500,000 Newmarket Handicap where Imperatriz is expected to extend her picket fence of wins. The Group 2 $300,000 VRC Sires’ Produce Stakes over 1400m sees Rue De Royale the curre

Monday, March 4, 2024

AFL TIPS 2024 Q&A

Introducing Will – Our AFL Guru Click here to join Expert AFL Betting Tips - AFL Betting Strategies and Advice //www.winningedgeinvestments.com/products/afl-tips How long have you been betting profitably on AFL?I have been betting profitably on the A