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Home / Sport / Racing

Racing: Bookies set to pay out on jockey

By Jonny Turner
Otago Daily Times·
30 Jun, 2017 05:00 PM2 mins to read

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Chris Johnson opened at $51 odds in the jockeys' premiership.

Chris Johnson opened at $51 odds in the jockeys' premiership.

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The national jockeys' premiership is as good as over according to TAB bookmakers.

They plan to pay out bets on Chris Johnson to win the title today despite there still being one month left to go in the racing season.

Johnson has an 11-win lead going into today's meeting at Te Rapa over Danielle Johnson who will miss a good chunk of this month's racing while overseas.

Those plans made it an easy decision for bookies to call time on the premiership race and pay out on the South Island Johnson.

"We have been thinking about it for the last week and a half," TAB bookmaker Stephen Hunt said.

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An official announcement could come as early as 10am on Trackside television's The First Call programme, he said.

Johnson's next nearest rival Alysha Collett is 16 wins behind him and though she will travel and give herself every chance to win the title, it was highly unlikely she would, Hunt said.

Johnson, known as The Magic Man, opened at $51 odds in the jockeys' premiership, odds that reflected his 18th placing on the previous year's competition.

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A handful of lucky punters backed him to win at those juicy odds, but most were gold coin type bets that would not hurt the bookies' pockets too much, Hunt said. It would be 10 months later, on the back of consistently good riding, that the real damage to the bookies' pockets was done.

Johnson attracted a number of $1000-plus wagers at $2-$3 prices, but they were made to look like loose change when one punter plunged $18,000 on the Magic Man at odds of $1.65, according to Hunt.

While that sounds painful for the TAB, Johnson taking the title does not mean financial ruin. "The book is very balanced. Danielle was very well supported, the only time she hasn't been punted is in the last couple of weeks."

The bookies closed betting on the title within the last 10 days, but would rate Johnson a $1.01 chance or less should they have to set odds for him going into today's meeting, Hunt said. Though there is still a tiny mathematical chance Johnson could get beaten by Danielle Johnson or Collett it was so small they would rather give their customers some good-will and let them enjoy their winnings.

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