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Our racing expert quoted in Age Online.
OZmium's Director of Racing Services gives advice
in this article from the print media.
Warning on pre-race day bets
By XAVIER LA CANNA
Tuesday 6 November 2001
Latest TAB betting odds
A horse racing analyst has warned punters of the dangers of laying bets before
race day amid the scratching of one time Melbourne Cup favourite Universal Prince
and poor weather today.
Neil Davis, analyst with the the Pro-Punter
website, said changing weather conditions and the chance of scratchings made
someone who bet on a horse before race day a "mug punter".
"They (people who bet on Universal Prince) have lost all their money.
We actually tell people that you don't bet on horses before race day. It is
really taking out two bets," he said.
Universal Prince was today scratched by a panel of three veterinarians from
the Victorian Racing Club who ruled the he was lame.
Despite the horse yesterday being ruled "highly unlikely" by chief
racing steward Des Gleeson punters had backed the animal to the tune of $700,000.
Mr Davis also warned today's wet weather would make betting difficult if it
continued into the afternoon.
"It changes the whole nature of the race," he said.
He said he now believed many horses running would be able to win this year's
$4 million Cup, with Celestial Show, Ethereal and Persian Punch among the most
Senior forecaster with the Bureau of Meteorology, Dean Stewart, said shortly
before 9am that rain falling in Melbourne was likely to abate by this afternoon,
although there was a small chance of showers during the running of the Cup.
In the city, 5-6 millimetres of rain fell overnight.
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