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1/8th the odds in the first at stratford yesterday
1/8th the odds in the first at stratford yesterday
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Replies: 273
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i wonder some times too , BSB , my place book is often overbroke on these races , 92% or so , but the win book often helps. and i do study form quite a bit . remember i'm trying to find losers which is easier than the other way round
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i do try to keep punters happy , so they keep coming back.
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This place only book you run adge,how do you price it up ?
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it's based on the win book , mmm, on the above example it would be 1/5th odds of whatever my win price was.
but on bad each way races you only get a maximum bet of £100 |
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And you advertise this on your board? full place terms to your win prices!
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Its on his board mmm
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adge is one of the bookmaking worlds nice guys imo....always have a few words with him when im on the knavesmire ....working for whoever will employ me lol ...still waiting for a shift from him mind ya !!!
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most look the other way if i need a workman , dave , and certainly at york
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yes , mmmalushka , i started with place only on lincoln day last year.
the trainer of one in the brockleby started me off with £100 win and £200 place on his horse at 10/1. it had the hardest race of the field but was only fifth. however , on most days i take no place only bets at all |
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Adge,whats your take on multi pitches?
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Have you got an LCD board Adge ? How do you display the seperate place market ? I have never seen this.
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BSB - he said his place price is 1/5th (or whatever the normal ew fraction is) of the price on his board. No seperate market.
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OK sorry got it.
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dervish ,
my personal view is that a bookmaker should be allowed a maximum of one pitch on the rails , a maximum of one pitch in tatts and a maximum of one pitch in any other ring. but i live in the past [ so i'm told ] and clearly the gambling commission know better. |
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wasnot ,
as regards the reason for this thread and something democrat and yourself mentioned. i'll speak to you on saturday |
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Adge
Can I buy one of your Wetherby pitches if you don't like two pitches in Tatts? |
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So things might start to progress on Saturday adge ? Referring here to your previous post. 545 - adge has a 'rep' like no other that means his double pitch arrangements might not be all they seem !!!
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As a younger chap who loves racing and goes as much as possible I am often accompanied by friends who have no idea about racing/bookmaking/each way terms so feel I have a pretty good insight into how these day out/once a year type punters think. They will usually decide how much they want to bet per race (fiver, tenner, score, etc) for that money most are looking to get a return so logically assume each way gives them 3 times as good a chance. The key point is they don't care what the return is (to an extent), they just want to pick something up (there's a psychology thesis in that somewhere)they think they're shrewd looking for the biggest price and off they go, none of them try to work out the difference between 1/5 and 1/7 and why would they when they are betting £2.50 each way at 25/1... they see 28's on a bandits board and they've got a bargain. I know this seems illogical to those of us who punt regularly and take an interest in betting but to them it doesn't matter that they're going to get £12.50 instead of £15. When there horse places they go to collect and it's all smiles.
The point is, and I must state at this point that I'm all for traditional terms and traditional bookies, this Wilson character has essentially sussed his market and found an angle to make some cash. Although we all know he's not doing it the 'right' way a non-bookmaking businessman would see his angle, if he's the only one with a queue he must be doing more business than the rest. For this reason (competition etc) I can't see you getting much luck from the GC, to a non-betting type it would appear you're complaining that you're losing business to someone doing something differently which would have to be defined in law as fair competition. One suggestion though, could you not argue that people don't understand each way odds and ask the gc to insist both the win and place prices are advertised seperately (like the tote). I know it would need bigger boards and therefore some investment but if enough bookies have a problem with the 1/7 1/8 merchants would it not be worth considering? |
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good post , stillkauto.
yes , i agree we could all bet to 1/8th each way odds and that would stop him in his tracks. there would then be that many complaints made to the racecourses that the gambling commission's hand would be forced to act. unfortunately the majority of us have too much integrity to treat our regular punters in this way , so it won't happen. as regards place betting being shown seperately. this would , as you say require tote style large boards and i'm certain your friends would not have much clue on what all the numbers would mean , many think that the horse number is the odds now. good luck with you and your friends days out. hopefully the gambling commission will read your post [ but most of them don't understand either ] |
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adge you selling the butts
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the majority of us have too much integrity to treat our regular punters in this way
This is how I feel adge, which is why it is particlarly galling to see my regular punters queuing up to take 17/1 @ 1/8th odds when I am 16/1 @ 1/5th. They don't seem to see it that way. I think that unless it is stopped now, it will be common practice within 12 months. I think the only possible way to stop it is for the racecourses to find a way of making it a condition of betting on their course and that opens up another can of worms. |
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Wassy/Adge,
How about we mention something to our leader at Donny on Saturday.....maybe suggest a representation to the racecourses that this Wilson character is shafting the general public and that something needs doing? People generally understand that 1/5th is necessary in 16+ handicaps but this 1/6,1/7,1/10 malarkey is just taking the pi.ss. We're all moaning about the selfish attitude displayed by Wilson so let's start the f**k Wilson campaign!!!! |
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Failing that we could ask for volunteers to snip his dongle!!!
I can think of about 400 names who'd be willing so no problem there. Years ago he'd have had his tools slung on the track! |
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It's all well and good saying that a 1/5 the odds is generally accepted.
You're still straying from "traditional terms" You're therefore saying its ok for me to stray a little bit but then despise someone for straying further |
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*1/5 the odds in 16+ Handicaps
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" our leader " has been well briefed , dodger ,but by more individuals won't do any harm
NO , bbc2 i only own one and a half pitches at wetherby and just half a pitch at newmarket july , 545 |
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545
good post 1708 it has to be traditional right the way threw. northern/arena are considering doing something about it,the more books who email/ring or speak to them on course the better chance we have of getting this farcical situation sorted out. |
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545
good post 1708 it has to be traditional right the way threw. northern/arena are considering doing something about it,the more books who email/ring or speak to them on course the better chance we have of getting this farcical situation sorted out. |
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545/Jimnast,
Traditional all the way through of course.....it was just that 1/5th in 16+ handicaps seems to be generally accepted. 1/4 would be better obviously....the win % would be good!Or at least it should be!!! |
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dodger
its excepted by us,but if we want to get things changed we cant pick and choose,hopefully betting 1/4 1st 4 would make us bet better. i believe edward g wasnt impressed with some of the things he saw at the festival. |
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You might not need a new board to display both win and play prices. Get your software provider to provide new functionality - it could automatically flip between the win and place prices in the price column.
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fibber
there isnt enough call for place only bets for us to do that. |
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Just an idea, 1 of many software ideas;)
I'd prefer traditional terms anyway. |
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How about paying first four places in non-handicap races with 16+ runners ? I agree with previous posts that the wider picture should be appraised rather than dealing solely with the jockeys of this world.
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It will be interesting to see how many books go 1/4 odds the first two in the first race at Wetherby tomorrow. I wouldn't hold your breath though. I expect they will be in the minority.
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Win or win only for me
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Win only races are a commisson agents dream. Offer everything just below the exchange price and lay every single bet off.
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Every bet they take off Joe Public goes straight back on the machine
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mark me down as one who will be 1/4 , you'vegotit [ as long as five run ]
but i will be 1/5th each way on race two |
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Fair play to you Adge. I too will be 1/4 on the first two in the first race, but in the 2nd race, which is the 4 runner race, I will be win only. I tip my hat to you.
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