The recent Daily News 2000 race meeting marked the first time South African horseplayers were able to bet into Hong Kong’s mega tote pools on a race meeting in this country and the turnover generated in just a few hours was astonishing.
The Hong Kong Jockey Club classified the 29 May Daily News 2000 meeting as a World Pool event, resulting in punters in Hong Kong being able to take the normal range of Hong Kong tote bets on races two to nine.
Four South African tote pools on the same races were commingled into Hong Kong pools – Win, Place, Swinger and Quinella – with local TAB pools on all other bet types.
Total gross turnover on the eight races was R486 million, comprising R405 million bet by Hong Kong punters with South Africa and other international sources contributing R81 million.
The amount bet must be viewed against the background that it was a stand-alone televised event in Hong Kong and took place in a timeframe from 18:25 to 22:35 in the Far East.
The average pool totals on the four commingled bet types are striking to say the least. Win pools averaged R9.4 million gross, Place pools R10.1 million and the Swinger (Quinella Place in Hong Kong) R13.5 million.
The Quinella (first two any order and the equivalent of the Dupla that was once offered in South Africa) was by far the most popular bet on the meeting with eight pools averaging R15.1 million gross.
Lance Smith, who manages Tellytrack and Phumelela’s international operations, said: “Betting into pools of that size on local races was a first for South African punters and the horseracing industry in this country earned a substantial commission from the undertaking.
“The event was generally well received in Hong Kong and there’s good news ahead because the Gold Cup race meeting at the end of July will also be classified as a World Pool event by the Hong Kong Jockey Club,” continued Smith. “But there are issues to be resolved before then including the length of time taken to declare official results.” – Gold Circle/Phumelela
A full breakdown of the tote betting on the eight races is below. Please note these are gross pools.
Bet Type
Race 2
Race 3
Race 4
Race 5
Win
R5 563 659
R9 114 119
R9 397 854
R10 348 854
Place
R7 103 578
R7 958 481
R8 853 368
R9 699 499
Quinella
R9 932 640
R13 058 479
R13 832 424
R14 388 063
Swinger
R11 683 397
R13 744 700
R15 521 431
R14 944 776
Forecast/Trio
R2 689 832
R3 145 159
R3 720 257
R3 275 691
Tierce
R1 630 903
R2 098 889
R2 525 565
R2 180 767
Quartet
R3 145 851
R3 469 156
R4 520 222
R4 002 811
Double Trio
R0
R1 208 252
R0
R0
Treble
R0
R0
R0
R0
Total
R41 749 859
R53 797 235
R58 371 122
R58 840 460
Bet Type
Race 6
Race 7
Race 8
Race 9
Total Races 2-9
Win
R10 920 819
R12 041 487
R10 121 757
R11 186 639
R78 695 188
Place
R11 451 597
R11 907 317
R12 063 327
R11 721 029
R80 758 197
Quinella
R13 554 441
R18 733 425
R18 840 262
R18 318 314
R120 658 049
Swinger
R0
R17 468 942
R18 465 394
R16 267 383
R108 096 022
Forecast/Trio
R5 438 721
R5 090 007
R4 601 288
R4 759 856
R32 720 811
Tierce
R4 480 396
R3 677 901
R2 709 590
R3 178 642
R22 482 653
Quartet
R5 674 870
R6 613 092
R5 308 272
R5 088 982
R37 823 256
Double Trio
R1 517 132
R0
R0
R0
R2 725 384
Treble
R0
R2 129 935
R0
R0
R2 129 935
Total
R53 037 976
R77 662 106
R72 109 892
R70 520 844
R486 089 494
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