Claims on horses, what are they?

What is to claim a horse? sometimes I see 10k or 25k, who determines the price? what's the difference between backing a horse for 10k and claiming it for 10k? who actually claims horses.........?

Its something the bookis do when they know a horse is gonna be scratched so they can rob the punters

Hahahaha soodum well said!

lol at soodum.

or when "someone - not mentioning any names " bets on a horse to get a better price on the "right" horse

They are absolutely useless,do away with early betting for bread and butter meetings and let the punters make a proper market on the day of the races...

the early betting is appreciated by punters however the claims story needs to be relooked at...far more bookies need to be involved in laying the claim which should be increased from the paltry amount of 25k to at least 100k...at the moment it suits the bookies to claim horses that they believe their clients will back with them and by claiming this piss poor 25k they lay a much shorter price to their client reducing their risk...claim 25k of a 2 to 1 shot and lay the client 14 to 10 100 to 70 instead of 100 to 50k....the claim NEEDS TO BE MADE MEANINGFUL ...its the 21st century not 1920...

PIRATES
Agree get more bookies involved in claims e.g. lay 100k but get fixed agreement from abt 5 or more bookies to lay 20k or less as agreed each on every claim. This way owner/punter can get on for min 100k at price

hibernia Wrote:

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> They are absolutely useless,do away with early
> betting for bread and butter meetings and let the
> punters make a proper market on the day of the
> races...


absolutely hibs..just an interesting observation....the other day i was having a bet on one of the french races...and saw the bookie price was 12/10..on the tote..it was paying R3.20..now normally i would'nt have even taken a 2nd glance at what the tote offers..because i know it would be foolish to put R3000 wins on a horse on our local tote..but suffice to say..the pool i was betting into was over 1.5 million rands....so here was an ideal opportunity to put 3 grand without even blinking and thinking if its gonna affect my dividend.....it eventually paid R3.10....still firml at the bookies of 12/10....point in case here is...that punters themselves will determine the price of a horse..if the y have a substantial base .....

coming back to early betting....its killing the market....it allows the bookie to get wise and gives him enough time to manipulate the odds...trust me when i say its not in the punters favour at all.....some people say to me oh they like it because they can get doubles on....or why didnt i take a double....whats so different if i backed the first horse..collected my cash...and then dumped it all on the second leg 2 days later...its exactly the same thing as taking the "DOUBLE"...but in tyhe second instance the bookie is not wise to my play...and i haven't "stolen"... any prices....

I think claims have lost their original purpose.............in the old days,with no online punting, you would walk into a tattersalls,ring the bell to "claim the odds" and you were then entitled to claim ,from each bookmaker operating, the maximum limit of liability,as determined, ALL at the price,at the time of the claim.
Ie. if there were 10 bookmakers in the rooms,and the claiming of the odds limit was R10,000,each bookmaker had to lay that price to the limit,if called upon.( R10,000x10, all at the price at the time of the claim)
If the punter didn't "claim the odds",word would spread,and by the time he got to the 3rd or 4th cubicle,the odds had shortened.
With each bookmaker now having seperate premises/website,I can't see the point and the low limits seem to support that!

talking Claims, at Vaal, Strong Mind triple claimed from 10s to 3/1 for a total of 75k.........

certain words come to mind......insider trading, price fixing, corruption,....

Agree Pirates brilliant point