Bookmakers 50% discount

Jan 15, 2015 -- 1:09AM, logroller wrote:

well BJT, consider this then............................95% of bookmaker turnover in controlled by 4 bookies, none of those bookies sits on BF to create a arb or profit in market flucs. it just doesn't happen. so then only the track bookies are the ones glued to betfair to pick up pennies in market discrepancy. so at Sale gallops today I would guess there is about 5 bookies on track, who would hold about 50k between them if that. the figures u suggest just don't add up or make any sense. a single bookie could go to 6 meetings a week on track barring city meets and not even hold 60k let alone leave the tracks with that kind of profit

Dumbing it down, just for you.


1.  You will notice, that the above, quoted piece, is everything you said in your post, separated from the main body to make it easy to see what you are quoting, and what you are writing.  As pointed out in the lesson.

2.  What I said, was that to have a 50% reduction in commision on Betfair, you would have to have a ledger of about 60,000 dollars per week.  I believe I actually said at least 30,000 on each side of the ledger, ie 30,000 in losses, and 30,000 in profits.  A total of 60,000 dollars.  Right?  Keeping up so far.  You will notice (if you read or can comprehend) that this doesn't specify any profit, merely bets held and placed on Betfair.

Following on from that, your point that an on track Bookmaker doing 6 meetings per week, not including city meetings, would hold around 60,000 dollars.  Just enough to have laid off on Betfair to get to the 50% reduction.  No?  I never suggested a weekly profit, other than to say an arber sitting at home with willing bookmakers, can easily make 5 figures per year.

I will admit, I made a mistake.  What I actually meant was SIX figures a year, being 100,000 dollars +.  For you to dispute that an arber could even make 10,000 dollars in a year is just ridiculous and you really have no right to even respond with such a ridiculously limited knowledge on the subject at hand.


3.  Do you have any reason to suggest a bookmaker would not be risking more than 1,500 per race, or is it just another misinformed comment based on nothing more than a random number generator?  I have been to some of the lowest level harness racing and they hold plenty more than that.  And maybe if you were the one that didn't show a 140% book, you may even get more.

Jan 15, 2015 -- 1:27AM, logroller wrote:

oh u r such a sook BJT..................u make ludicrous statements with only the thoughts in your head as proof, and then when some one broadsides you - block user

Once again, Mr Einstein reincarnated, there was no threat to block anybody.  I merely pointed out that in the 3 part lesson, where "How to use the Quote button", was lesson 1, that lesson 2 would be "How to use the Block User button".  Lesson 3 for the record would be "How to use the Report button".  Although one would think if you could comprehend lesson 1 and could work out how to use the quote button, that the other 2 would be quite explanatory, since the lesson is basically "CLICK ON IT" for all 3 of them.

Would you like to make an arrangement for lesson 2, or do you think you can work out how to click on a link based on the advice already given being "CLICK ON IT".



So while you think I am making ludicrous statements, and you have somehow broadsided me, maybe have a look again, because none of your response suggested any comprehension on your part of what it was you were actually replying to.


Bliss level, extreme.