Punters Paradise community causes nationwide plunge in betting oddsMonday 17th November 2008 | 6:27 AM« Back to ListingAn online community of horse racing enthusiasts as part of the social networking site Punters Paradise pooled their money together today to cause a nationwide plunge in betting odds for the winning horse Privileged Class. Betting opened across the nation at odds of approximately $41 at Ballina (race 2) today and finished up as the strong favourite at $2.80 (UNITAB), $3.50 (NSW TAB) and $3.60 (VIC TAB) with the three leading Australian TABs. The events began as a popular user posted a message on a forum discussion saying "lets start a nationwide plunge....and get it over the line for its maiden win". Soon afterwards other users followed his advice and bet on the horse to win, causing the odds to change. Replies such as "I'm jumping on board chills, the plunge begins!!!" and "It's [now] into favourite on UNITAB hahaha... wasn't exactly hard... but already 27s into 4s... keep it going!!" were made from other users indicating that they were each following his advice. Each user on Punters Paradise has their profit details publicly available the based on their tipping which gives certain successful ‘tippers' more of an influence over the community. ‘chilli', the influence over today's plunge was the winner of the $500 cash tipping competition last month and holds a profit of $10,760 over the last 90 days of his tipping. To access the forum discussion please visit http://www.puntersparadise.com.au/forum/PRIVILEGED-CLASS_2187/ Punters Paradise's is a social networking website which allows horse racing enthusiasts to buy and sell their horse racing tips online. When a tipper sells their tips they make 70% of the profits, encouraging them to tip successfully. Users can also add their ‘mates', privately communicate and compete against each other by tipping horses. They can also grow new relationships by finding friends based on common information such as their local horse racing track. "The social side of the horse racing industry has been left behind since betting companies formed online; Punters Paradise is determined to improve this. People spend much more time online watching and betting on horse racing, so why not make it more sociable," said Joint Founder, Mr Luc Pettett. Punters Paradise includes up-to-the-minute news articles, photos, forums and betting information and attracts over 3 million hits each month. Its key feature is the world first software for trading horse racing tips called KiNG Tipping. KiNG Tipping pays 70% of every sale made back to the tipper and has already sold over 2.6 million individual tips since its launch in September last year. Joint Founder, Mr Kagan Powell said: "It is amazing to watch the popularity of Punters Paradise grow. Before we developed the website people have had to purchase tips from over-priced individuals without knowing the true credibility of their performance claims. Now, people can see the true results from thousands of members and purchase tips from the most profiting members." Punters Paradise's innovating presentation of horse racing information entertained and informed over 100,000 users during the Melbourne Cup period of 2008. Formed in 2006, Punters Paradise embraces a creative, customer focused culture which is unique from traditional gambling related websites. Punters Paradise is free to join for people over the age of 18. For more information, visit http://www.puntersparadise.com.au/
For further information contact: Press release published by www.seekingmedia.com.au |
