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morning artful,just doing the form now,raring to go :)
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Unbaised thanks to the Gambling Commision their is no such thing as "proper Place Terms" and here lies the big problem nobody is in the wrong in offering whatever place terms they deem fit/what I can get away with
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wrap up warm and dont forget your yellow championship hat.lol
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As ive stated previously the place odds and rules 4 are way outdated in todays modern market.
When were these last modernised, the 1960s pre decimalisation. In those days 99.99% punters and probably 99%of bookmakers wouldnt realise they were betting overbroke. Times change and so should the industry, yes perhaps there should be a code of conduct but the place terms and rule 4 needs to be brought up to date soon and to be fair to both bookmakers/ punters. |
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cloudy dry and windy about 11 degrees expected,my AMBER hat will be in attendance :)
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Daniels mother ,you say at sp you will be taking a shorter price in the shops.Shorter than what??!!Bad sp return?Shorter than on here?Shorter than freely available?Not necessarily so.If I want a 50 each way in a shop at sp,no problem,and who is to say it will be shorter,as it may not be one of the fancied horses.The point being the service is available.
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daniels.in your weather forcast you forgot COLD just like at ponte yesterday.lol
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Good post shadder,you hit the naill on the head.It is the variation that is upsetting punters.Yes you can,no you can't.needs sorting.
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unbiased - I think shadder is suggesting modernisation of the place & rule 4 terms to a position that is more favourable to the bookmaker. I agree with him.
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unbiased on the type of races we are talking about(not the rip off merchants,which is another issue )the shorter price horses will usually be bigger on course than on here or off course.getting on off course on theses races is almost impossible and will almost certainly be at lower odds.there are races were you can bet several horses at sp and make a profit (but not many :( ) and even at 1/6th odds when the fav is odds on,the place terms will be better than here
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wasnot 14 Apr 09:36
To be fair, the maths is all wrong at 1/4 1234 on 16-22 runner h'caps. 1/4 odds first 4 should be viewed as a concession on these races, not the norm. I only ever bet to 1/4 or 1/5 and the only time I vary the terms from the old terms is these 16-22 runner h'caps. The reason is simply that I want to offer proper odds to my customers, not pull them in. The net effect is that they receive the same place odds but better win odds than if I was 1/4 1234. On this my conscience is clear. Ok so lets review the place terms on 7 runner hcaps 13 14 15 runner hcaps 21-30 runner hcaps. listed races with more than 10 runners need i go on? |
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the R4 has needed sorting at least 10 years ago (pre btfr)hope we dont have to wait this sort of length of time for the each way terms to be sorted.i used to use 1/6 odds on s*** maidens,but will never do it again starting this year,if normal place terms dont fit its win only.
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robin most oncourse books would happily do that.all i ask is the place is about the same as the win.
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Bookmakers want it allways. They allways will
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robin
daniels mother 14 Apr 00:45 in my opinion betting to 1/6th on VERY bad each way races is sensible,you would be giving punters a choice.but as we know certain people are taking the p1ss !unfortunately the punters obviously dont like it ,so i and some others have stopped,by the way why has nobody praised the books who offer enhanced place odds ?one book offered better than standard on over 20 races at cheltenham !!you can now bet 1/4 frst 2 in FOUR runner races,1/3 first two 1n 5/6/7 ,1/4 odds in 12 and over stakes races,first 5 in h/caps over 25 runners,:) come racing !!! |
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robinlace;at ponte yesterday the 2nd race place book way overbroke so i went win only,the first 15 or so people who came to bet with me,12 wanted each way,7 of those for the second horse.(happy days).but yet the seven runner 2mile race,we didnt strike an each way bet.THE PUNTERS WANT IT ALLWAYS.
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been out and seemed to have missed a healthy discussion
seems quite balanced theressomepratsonhere..come and say hello next week. |
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Daniels mother,I wasn't comparing with prices on here,you were.
Considering you can back place only on here,which is a totally separate market there should not be any compairing when discussing each way.The comparing should be between the oncourse books. To say punters are taking a bad price when backing place only compared with oncourse each way does not stand up as you are not having to lay out the win money. |
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robinlace - last year I experimented with 1/3 odds 1-2 on 5-7 runner races (all, not just handicaps), 1/4 Odds 123 all sales races & open looking maidens & other stakes races, plus 1/4 odds 1234 all 16+ runner h'caps.
The first 2 were a dismal failure as I took no more money (despite large yellow signs pointing out the concession plus how much better it was) & the 3rd was a financial disaster that I simply was unable to sustain. As such I have gone back to the old terms except 1/5 1234 on 16-22 runner h'caps with bigger odds as that is what my customers appear happiest with. At the end of the day, you guys on here are not my customers & keeping you happy is not my concern. |
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unbiased ,
just out of interest are you admitting how poor the betfair place odds are by comparison with that statement please ? |
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unbiased - on a dodgy EW race the course bookmaker is often faced with 110% book on the win market & 85% book on the place market. Betfair is 105% on both (taking into account commission). Where should the clever money go in your opinion?
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Certainly not adge,just pointing out that it is a WRONG comparison.A totally different market.It is the bookmakers ,like yourself,who always want to use it as a comparison.There is no e.w. on here.It is a WIN market and a PLACE market.Simples.
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I am sure you are not missing the point wasnot,read the posts.I know you do not support ,as posted by you,the big variations of terms in the ring by your fellows.
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accepted but as regards the place part you provided a politicians answer.
anyway sorry to have to leave..off to beverley now |
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me too :)
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RINGLETS,u say the majority of the ring not offering the correct place terms & only four giving a quarter.U seem to think the punter doesnt understand the diference between a quarter and a sixth,so for the uneducated racegoers that go racing,could u please NAME the offending bookmakers please,yours waiting...........
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RINGLETS,on the other side of the coin,i can name u plenty of oncourse books bigger than the machine,NO COMMISSION NO PREMIUM CHARGE,COME RACING,PUNTERS NEVER HAD IT SO GOOD,,FACT.
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