OH THE CROC TEARS!Oh how I cried as I read it.The tears rolled down my face.OK, they were tears of laughter, but they were tears.A pro punter is making a mozza legally out of the TAB.He has massive bets on the place pool, late, on gallopers, dishlickers or funnyrunners that are very, very short for the win.AND they must look invincible, short of a major mishap.For example Black Caviar.The trick is that the pool, now being warped to blazes, pays either $1.04, $1.10 or nothing (i.e. you get your d

OH THE CROC TEARS!

Oh how I cried as I read it.

The tears rolled down my face.

OK, they were tears of laughter, but they were tears.

A pro punter is making a mozza legally out of the TAB.

He has massive bets on the place pool, late, on gallopers, dishlickers or funnyrunners that are very, very short for the win.

AND they must look invincible, short of a major mishap.

For example Black Caviar.

The trick is that the pool, now being warped to blazes, pays either $1.04, $1.10 or nothing (i.e. you get your dollar back).

BUT the high flier is paid a BIG BLOKES' BONUS, a premium for betting big with the organisation.

Anything from 3% to 7% and higher.

So, for having a huge place bet on a near certainty, he's on another guaranteed few grand (significantly more than you earn in a week, maybe in a month...)

Sure he can lose, but he's as careful as he can be, and I used Black Caviar to demonstrate HOW careful that is. Small field, best in the world, etc etc.

I read that he supported some neddy in the UK overnight. It was $1.40 for the win on course, and he picked up around $3000 in kickbacks.

For so many years the Jolly Green Giant called the shots.

They threatened us with fines and even jail if we went loco and bet with any outside agencies.

They ripped us off blindly in the pools department.

They dished up stupid bets (remember Spinner?).

But they LOST.

And now they have to play the punters' game to keep up.

They do it well, no arguments there.

But they HAVE to do it.

That's why it makes me cry when they realise someone's having a lend of them, because of their OWN system.

But cry with laughter, I should stress.