– Written by Mark van Deventer
(Image of JET DARK by Chase Liebenberg)
The World Pool concept was created by the Hong Kong Jockey Club (HKJC) in collaboration with at least 25 operators around the globe, enabling bettors from all over the world to bet into a single pool on marquee days.
The result of these World Pools is enormous liquidity, and a multi-million-rand betting experience. It is proving popular with racing fans and is generating a significant financial return for racing.
Through national commingling, horseplayers across six continents, from countries such as Australia, France, America, Britain (& Hong Kong) will all effectively bet into the same pool for selected races on World Sports Betting Cape Town Met Day at Hollywoodbets Kenilworth on Saturday 27th January 2024.
By having horseplayers from different countries betting into the same overall pool, it means racing fans can pit their wits against bettors from all around the globe.
There will be more liquidity and stability in the pools, with big stakes bettors having less of an impact on dividends. The deepest pools on the planet can lead to overlay opportunities for alert punters.
These robust World Pools brings bigger financial returns to South African racing through increased media rights payments to racecourse operators, and greater revenue generated through commissions earned via pool betting.
This business funding model enables racing operations to become sustainable at the local level and helps maintain, even boost stakes, for winning connections.
On World Sports Betting Cape Town Met day, which features full fields (165 entries across 11 races) TOTE Win, Place, Exacta, Swinger and Quinella (first two horses across the line in any order) pools will be commingled into the Hong Kong Jockey Club tote, which operates the biggest tote pools in the world.
In 2022, with punters from around the world participating, a hefty R650-million was wagered with the Hong Kong Jockey Club tote on eight of the 12 races at the WSB Cape Town Met race meeting. This will surely be surpassed in 2024.
The World Sports Betting Cape Town Met achieved the highest turnover of the eight races in 2022 with a total of R97.8-million wagered into the World Pools on that specific race.
The Quinella and Swinger (Quinella Place) were the most popular bet-types. Quinella pools on Met Day averaged R20.5-million and Swingers R19.4-million. Because of the substantial size of these international pools, TOTE customers can bet big amounts without significantly diminishing pay outs.
Follow World Pool –
SOCIAL MEDIA HANDLES –
X – @WorldPool
Facebook – @worldpool
Website – https://worldpool.hkjc.com/