Hi Pete, sorry I missed your message. The auction took about 10 minutes. It depends what price the longest priced runner goes for at Auction. Last Saturday at Rosehill there was a horse that went for $800 at action, and someone backed it to win $5k.
On Tuesday I was interview by Mark Haywood of Champion Bets, where he asked me a series of questions about Combet, and I explain that the model works like a Fixed Odds Tote.