Rob Waterhouse on Muck Rack

Rob Waterhouse

Sydney, Australia


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@RobWaterhouse — 5,919 followers, 721 tweets

But if they lose 30% at 20%, they might lose 15% at 10%. Portion might stay the same. 
From memory, Hydrabad went from 20% to 10% and quadrupled turnover. In Australia, because of legislation capping yearly take out, occasionally it has been secretly reduced to zero but the ‘whisper’ gets out and turnover is exponentially increased both on Tote & bookies mirroring.
@truxtonstables enjoyed podcast (courtesy @barryweisbord). Respectfully, the reciprocal of takeout, in theory - I know it is more complicated - determines turnover: 20% will be half TO of 10%. A recreation punter at 10% will turn his money over 10 times, at 20% 5 Times.
Inspired by having lunch with Jeff Seder of , phenomenally successful racing man in betting horses, buying horses, managing horses and breeding horses. Practical and statistical skills. A polymath indeed. I wish I were his intern. Great renew acquaintance.
Great “bagel and lox” at Ess-a-bagel, fascinating company with TDN Supremo @barryweisbord and @GaiWaterhouse1
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