Peter Lawrence

“The great challenge for the 5% of people who can think multidimensionally is how to communicate with the 95% who can’t.” M.Scott Peck

[Peter Lawrence @PeterLawrence18]

That really was a very puzzling ride on Sunsprite at Randwick. From letting the fav get in, in front of him, to then making a number of runs only to ease back again. 🤷‍♂️

[The Straight | Racing. Wagering. Breeding. @TheStraightonX]

“If you believe that Flutter can withstand the onslaught attack from these prediction markets and it regain supremacy in the US market, and you believe regulation and taxation has reached peak, then it’s a very interesting bet.”

- @tomwaterhouse on the possible ownership upheaval at one of the world's biggets gambling companies.

What do the changes in the US wagering market mean for Australia?

https://t.co/eiMmVxdONV

[Drew Hutton @DrewHutton45645]

I emailed the Queensland Greens today to resign from the party I founded. I’m very sad about this as the Greens was a major part of my life’s work. However, their support for gender extremism, their rejection of freedom of speech and their refusal to see the world in any other terms than the narrow class bubble they are in meant I had little choice.

I shall be looking to support progressive community independents who are good on the environment and are committed to changing the Sex Discrimination Act and banning puberty blockers.

More on this soon.

[Peter Lawrence @PeterLawrence18]

@BrettDwyer1 @J_Walter23 Will they take away some of the prizemoney already won in the MM race if she happened to win a maiden? I must have missed that clause.

[Thomas Sowell Daily @DailySowell]

Thomas Sowell describes how he taught students:

“I’d spend a great deal of time putting together a reading list, where I’d find the strongest argument on one side and then the best example of the opposing view.”

“I didn’t test students on which side they believed. I tested them on whether they understood the arguments on both sides.”

[Nature Unedited @NatureUnedited]

At an aquarium in Japan, after closing time, some clever little otter pups help their grandpa tidy up their toys. As a reward, he gives them ice cubes

[Mario Nawfal @MarioNawfal]

The chances of a deer taking you out at a crosswalk are slim. But never zero.

[Patrick Hsu @pdhsu]

people aren’t celebrating this pancreatic cancer breakthrough enough. it should be international news

[PUNTER IQ @PUNTERIQ]

How Bookies exploit "Loss Aversion"

The Cash Out
The Trick: The Cash Out offer is calculated by the bookmaker's algorithm to be significantly lower than the true current value of your ticket.
​
Psychology: They prey on Loss Aversion. You would rather take a guaranteed small win now than risk losing it all, even if letting the bet ride is statistically the better financial decision.
​
Summary: Unless something has significantly changes (eg. Weather, important SCR that changes a races tempo, a track is playing extremely biased) the Cash Out is a suckers choice.

Fun fact:
It stems from Prospect Theory, which was developed by psychologists Daniel Kahneman and Amos Tversky in 1979. Their research famously demonstrated that, from a psychological standpoint, the pain of losing something is roughly twice as powerful as the pleasure of gaining the exact same thing.

PUNTER IQ - Giving Punters a Fighting Chance with smart choices.

[Peter Lawrence @PeterLawrence18]

There is a perfect storm brewing. Regulators have taxed punters to their knees and the track preparation policies in place just add to punter discontent. Regulators across all states seem incapable of changing direction after a decade or more of policies that have revolved around simply increasing taxes at every turn. The tipping point has been well and truly reached. The average punter has no idea just how much each person is required to lose on turnover for WSP’s to break square. It’s simply not sustainable.

[Peter Lawrence @PeterLawrence18]

@TankardSam The track played brilliantly under Jason Kerr. The deterioration in the last year is incredible.

[Peter Lawrence @PeterLawrence18]

Exactly. Straight out of Animal Farm. Just totally in damage control. Laughable to blame the workload or tired track. Played brilliantly last year. Full reno was done when blue diamond was held at Sandown three years ago. Everyone in Melb knows it’s the rolling and chicken manure that has clogged up the drainage under the direction of Munz personal private track manager. It’s the worst kept secret in racing. But of course, the industry owned press is running cover the bosses.

[Adam Page @Page1991Adam]

Roughly been three years since they did a full renovation.

It’s not the workload that’s the issue.

[Peter Lawrence @PeterLawrence18]

The track is “tired,” now though after hosting that ONE MVRC meeting this year. 🤡

[Matt Stewart @Mattunchained]

Here we go. Less than three years

[Creepy.org @creepydotorg]

In 2002, 19-year-old British garbage man Michael Carroll won nearly £10 million in the National Lottery.

But instead of building a new life with the money, he spent millions on crack cocaine, gambling, luxury jewelry, prostitutes, cars, and wild parties.

He even bought a luxury mansion and reportedly destroyed it by hosting demolition derby races in his own backyard.

By 2010, just 8 years after winning the jackpot, the entire fortune was gone.

Broke and bankrupt, Carroll ended up right back where he started, working as a garbage man again.

[James Lucas @JamesLucasIT]

This is real WWII footage of a young German soldier surrendering to the US Army in 1945.

[Peter Lawrence @PeterLawrence18]

@duma_noluthando @GOLDBABYO 🤡

[Clyp Keeper @DGrayTexas45]

Where exactly was Jill Biden for four years that she never saw any cognitive decline in Joe Biden?!?

[Peter Lawrence @PeterLawrence18]

@PeterMc10953343 Interviews on SKY

Look at the beaten margins in these races and the times run.

CLEARLY it was not a dead 5

[Peter Lawrence @PeterLawrence18]

Official track readings have just become totally meaningless in recent times. Sat, Morphetville officially a 6, actually a 10. Eagle Farm upgraded to a 5, all jox agree 7 or worse. Caulfield given out as an 8, with “possible upgrade,” was a 10 and Rosehill a 9, again with possible upgrade but was at least a 10. All metro tracks were given a very optimistic assessment on Sat morning. This is top of Sandown and Mornington last week. Can’t we get some independent track walkers and AN ACCURATE OFFICIAL ASSESSMENT by the stewards, in consultation with riders after one or two races? Stewards left EF and Morph as they were when blind Freddy could see the official reading was wrong.

[Peter Lawrence @PeterLawrence18]

👀

[Juanita Broaddrick @atensnut]

Never ever forget what this lunatic, E Jean Carroll, said on CNN. Anderson Cooper was clearly shocked and quickly went to commercial.

She should be in prison.