Do trading rooms still exist?

only a handfull left, there was two in the north east..seaton burn..now closed and i think thornaby has also closed, andyl will possibly confirm this..most trading room traders now operate on course

donny being made a closed shop, seaton burn still operates by a thread as does thornaby, the majority are struggling as more n more people have either gone skint or moved to trade on track a few still exist

seaton burn really? i thought warwick said it was closing a few weeks back

Used to cost £30 a day in Coventry and that, plus commission,
was, IMO, impossible to overcome.

Andy, when is the Askern shop closing?

not closing but it is not open to the general public

The one in Beverley in east yorkshire (a few years ago)became a closed shop not long after that is shut down forever.

Elitebet in North London is just about functioning.

Went past Elitebet only about a month ago and looked all closed up to me, but this was about 6pm so they might of closed for the day.

Went past Elitebet only about a month ago and looked all closed up to me, but this was about 6pm so they might of closed for the day.

It always looks closed as they keep the shutters down.

Why have they closed?

closed because shops had turf tv and sis racing pictures....  ruk is same speed as turf tv  and betfair live video is same speed as sis .   therefore no point or advantage in exchange shops anymore

ok, obviously couldn't make it pay from a level playing field,
with the exes on top.

There was never that much demand anyway as most people who tried a couple of times never came back and there was only ever a small pool of potential customers.  If they couldn't be successful in London, they were unlikely to be that successful anywhere.  The harsh reality is (was) that in-running on the horses is incredibly difficult.  Many tried and failed even with the supposed pic advantages the shop gave them.  Plenty turned up thinking it was free money and just did their bankroll quicker as they thought they had bought a great edge.  A good few made plenty however.

yeah a few people made a very very good living from it

...and a lot of people went skint.

news flash kenny..thats gambling for you

They thought it was easy, it isn't, it wasn't.
Even for those 'making a very, very good living'
at it. I know what happened at Coventry.

it was whilst the advantage was significant..you had to be bad at it not to profit but nothing lasts forever

If they couldn't be successful in London, they were unlikely to be that successful anywhere.

can you tell me what logic supports this?

I would have thought the statement was self-explanatory.

London has a bigger population, hence more chance of people wishing to use a trading room from the potential customer pool.

London also costs alot more ....   and trading rooms are not all the same  -  ask andyl -

to say if it cant happen in London .....  is a very narrow minded view  -   take a look north of Watford from time to time and you might learn something

I live just outside Newcastle.

But I have a flat in London and see plenty of business models that could not work elsewhere.

I would say that trading rooms are pretty susceptible to location and customer numbers as per the previous statement - the statement that you are misquoting to help fit your argument.

He said 'unlikely' not 'can't'.

well if you want to split hairs, he said 'if they couldnt be successful in London'

The only argument I'm putting forward is that there is a population outside of London that frequently adapts,innovates and exploits
better then people in the capital city. As is the case here.

id imagine the rent and rates for the season burn shop would be a lot less than a similar shop in london

but i dont know the spread of betfair users over the uk, have they ever been published ?

My point was just about the huge population on the door step.  I always thought that London would have had plenty of customers for such a service but it never really did.  I don't dispute that they could be, and were, successful in other locations, but equally a good few more outside London also failed quick enough too.

When are Ladbrokes opening  up there trading rooms for purple?