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General Betting
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This decision has been taken by our trader's in accordance with the following general rule: In order to control our liabilities, we reserve the right to notify and close down any accounts. We also reserve the right to refuse the whole or part of any bet without explanation. This has been applied to your account. We are willing to accept bets with this limited stake factor.
cant and wont take bets as soon as you get 1 or 2 bets up
what a joke of a company,only want mugs bettin with them puttin there 2 pound on the grandnational
cant and wont take bets as soon as you get 1 or 2 bets up
what a joke of a company,only want mugs bettin with them puttin there 2 pound on the grandnational
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Replies: 22
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No different than any other European book.
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wonder why BF find it so easy to take the pss with customers and still they come back...
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It's cos most don't know about pinnacle and SBO.
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OOHAH can you tell me how to spell the word arbitrage, I am certain you'll know how to do this.
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OOHAH can you tell me how to spell the word arbitrage, I am certain you'll know how to do this.
plz dont talk like a idiot any punter worth his salt will take the better price and of course if it under on betfaiar the punter is accused of being an arber |
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"Arbing" is the shrewdest form of betting. Money to nothing.Arbers should be admired and respected not derided I wish I could do it.
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Your hardly going to admire them if your a bookmaker.
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no moves you are wrong. Please tell me when I want a chunky tricast on the dogs(a so called mugs bet with everything in the bookmakers favour) they will still not lay me my requested stake or anything remotely close to it? Am I arbing?
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"you're hardly going to....". What difference does it make to a bookmker what you do after he's taken your bet ?
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couldn't agree more artie. i'm not an arber, just work on the exchanges, but i don't understand why it makes the slightest bit of difference what you do after you have placed a bet. traders, arbers, value hunters looking to get out mid event, it's all just a series of bets in the end
either a bookmaker is happy to offer a price to everyone at a reasonable stake or they should change the price. they have a big enough margin built in as it is all the bravado in their ads usually centres around the theme 'put your money where your mouth is'. unless you lose consistently and don't care whether you back at 5/4 or evens they don't want to know |
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The bookie doesn't like arbers because he knows you'll only bet with him when he's out of line with the market in your favour. Where as a bookie can occasionally be out of line with the market with a 'normal' punter and know that the 'normal' punter will also bet when the said bookies line is in the bookies favour as well.
In the arbers case the bookie is only taking bets at -EV |
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You dont have to be an arber to only bet with a bookie when he's out of line. I do it all the time and I don't arb.
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doesn't a bookmaker "arb" a horse against the rest of the field?
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Few things are more hilarious then a bookmaker whinging about arbers when every single day they do precisely that themselves!
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Bookies are businesses, not public services. Value betters cost them money, therefore it's simply rational to boot/limit such people.
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They do have to make money though so you cant blame them too much I suppose, though if they are still winning on the events as a whole you could argue that they shouldnt be acting like this.
Nowadays however its all about the shareholders etc wanting a bit extra bubbly money out of the pot year on year isnt it we all know that. In an ideal world their traders would try to improve and learn by their mistakes and be able to take on allcomers head to heard but instead they tamely admit defeat and set about getting a few bob out of the remainder who they fancy their chances against it. |
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As an example I used to read Nick Mordins books alot, as most will know he's a horse racing analyst/punter.
He used to mainly bet outsiders and always used to say the on-course bookies paid him with a smile cos when he won most others had lost (being favourite backers) so they were usually quids in. Unfortunately, where your bets are on your account this probably doesn't come into the equation, the head trader just sees the bottom line that you are winning, even if on some of those events they paid you out on, they themselves were doing very nicely too. |
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If there are three people involved in the bet: the arber, the exchange and the bookmaker; the arber never loses he's always sucking the money away from either the bookmaker or the exchange
The arber is effectively starting up a rival business to the bookmaker and partly using his facilities to do it. Even if on many occasions the arbers takes his money out of the exchanges and not the bookmakers that money will still be lost to overall pot of money available to bet, as arbers are continualy in profit. Most gamblers recycle their money round and round until they lose it to the bookmakers or alternately to betfair in commission. I can't see what benifit bookmakers gain from arbers, surely in the long run it would make perfect sense to shut down their accounts down. |
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@allinadayswork: there are a few that work like that, pinnacle, sbobet, ibcbet, greek, the bookmaker group - the former three are even low juice too.
It's not so much about having good lines either, these guys function very close to exchanges, using their sharpest customers to guide where the lines go, and take their tiny 1.5% profit off the top. You do need good liquidity and very well evolved systems for that though. Crap books, which includes all European ones, prefer just to service mugs. No real need to invest in good lines and/or book management. |
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Yes bacon you're probably right. It seems odd the European books or at least some of them tend to make the same mistakes over and over again rather than doing a bit of research and adjusting the errors in pricing.
I think they probably want to be as short as possible on the most popular selections and maybe stem the flow of the few people backing the opposite result at value odds. Most of the people I know who have been affected by recent restrictions - SJs are another firm having a clampdown - are not arbers but value seekers so by definition they are both likely to be looking at the same selections on occasions, though the bettor would also be willing to take below 100 per cent as long as he thought he was getting a good deal. I often think the arbers excuse is a bit of a red herring by bookies even though as a punter I can see they are in competition with me so not overkeen on them myself!! |
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(or over 100 per cent depending on which side you are on)
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Could you imagine if Tesco banned you from their shops because you only ever bought discounted or special offer items. Shows what a total bunch of mug bottlers these old bookies are.
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