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geoff banks article.

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Replies: 159
By:
Racecourse Regular
When: 29 Apr 13 16:51
Was funny to walk round the track though and suddenly see people who wouldn't take an Even 50 Pre-Exchanges have £10,000 Max Liability signs up...... used to wet myself laughing Laugh
By:
mugbookie
When: 29 Apr 13 16:56
RR - THEY WOULDN'T NOW WITH THE EXCHANGE LIQUIDITY. Laugh
By:
MaxED
When: 29 Apr 13 17:22
nobody mentioned these satalite pitches popping up like mushrooms      .the racecourses must be pissing themselves
By:
Cider
When: 29 Apr 13 17:30
Nobody bets in the offices any more. It's not because of EW terms, or Betfair. Real time information, betting, payouts have come with internet and broadband becoming
ubiquitous. Put a rake of fobts on a racecourse and they would be mobbed. I'd say the oncourse game has survived well to date. It would be sad to see it go, but environmental changes are inevitable. We can't be all that far off cash being eliminated altogether. The internet has affected nearly every industry as it takes away the human element as the world becomes digitised. Of course you should do your best to adapt, it's those businesses that will last the longest.
By:
winker watson
When: 29 Apr 13 17:30
90% of them on course boys are all scum bags why would any one with any sense want a bet with them? there happy taking the 2 quid ew of the piss heads let them get on wih it
By:
adge
When: 29 Apr 13 17:43
thanks for your kind words winker , at least that leaves 10% of us left
By:
mugbookie
When: 29 Apr 13 17:55
WINKER - IF YOU CHECK OUT THE 'BOOKIE ON A BIKE' THREAD, YOU'LL FIND THAT ONE OF OUR NUMBER HAS JUST COMPLETED A 150 MILE BIKE RIDE TO RAISE FUNDS FOR A YOUNG BOY IN DESPERATE NEED WHO HE DOES NOT KNOW...LOOKS LIKE HE'LL END UP RAISING A COUPLE OF GRAND THANKS TO THE GENEROSITY OF ON COURSE BOOKIES AND SOME VERY VERY GENEROUS PEOPLE WHO POST ON HERE !.....BY THE WAY, THERE'S STILL TIME TO DONATE....WWW.JUSTGIVING.COM/LUKE-T.....SMALL DONATIONS BY WAY OF APOLOGY ACCEPTED Wink
By:
frog2
When: 29 Apr 13 18:10
Offer a decent bet and people will come racing to bet. Don't and we will play the exchanges and manipulate the prices to get what we can with the off course bookies. It simple really.

The exchanges are volatile and the prices move so quick due to the manipulations. If a bookie is willing to lay bigger due to a few quid on here he isn't a bookie, he is a lemming.
By:
adge
When: 29 Apr 13 18:50
well I've never refused any bet from a punter in 41 years. I don't know what you mean by proper bet mind
By:
the artful dodger
When: 29 Apr 13 19:04
what is also devalueing our pitches are all these part timers on £50 picks still turning up,im amazed they still keep appearing,i thought these extra charges were to weedle these part timers who have other jobs out.
By:
johnnywilkinson
When: 30 Apr 13 09:58
the way things are going dodger it will take a little time but it will
By:
johnnywilkinson
When: 30 Apr 13 09:59
good discussions chaps ......no spoilers
By:
TheNorfolkMafia
When: 30 Apr 13 10:00
Ring Numbers, need reviewing!
By:
ctem
When: 30 Apr 13 11:00
What about SIS/Turf payments. These should be only paid to bookmakers who bet Gold Flag Terms and offer each way every race, after all this is the only data they can use! Why should firms who never bet to standard terms and operate multiple pitches get more than the rest!! This offers a real incentive to bet to proper terms and should be easy to police by SIS/Turf.
By:
RickiBobby
When: 30 Apr 13 11:03
think racegoing punters go racing to get BETTER odds than those who stay at homIe , scrabbler
LaughCrazy
By:
ribero1
When: 30 Apr 13 11:15
Cracking idea ctem.
By:
MaxED
When: 30 Apr 13 11:33
excellent point ctem
By:
clayfield1
When: 30 Apr 13 13:33
A few weeks ago we had our racing trip from the local pub, a 52 seater coach which has been full every year for the last 10/12 years, this year there was 20 spare seats. Most of the lad's that I spoke to said they were not going because all the bookies board's all show the same price and all the prices change at the same time, add to this the rip off e/w terms on offer with most books is it any wonder that only 60% of the lads who have gone in years gone by have now seen the light. If this is happening all over the country no wonder the betting ring's are in the state that they are
By:
Lightbulbs Fan Club
When: 30 Apr 13 13:59
On course bookmakers are trying to sell apples for £1, while betfair are selling them for 90p and do home delivery for free.....
By:
adge
When: 30 Apr 13 14:11
on course you pick your apples from the front of the stall having studied how ripe and fresh they are while off course you just get served from the back
By:
hello :-)
When: 30 Apr 13 14:15
I suppose , but we live in a time where convenience and price beat all
By:
johnnywilkinson
When: 30 Apr 13 14:34
betfair sell 2 ply tissues of toilet paper nice and soft on your krutch ....on-course its its one single sheet that's slips around fromm time to time
By:
quixall
When: 01 May 13 10:09
Regarding Adge's fourth point: I heartily agree, but before that he should return the rails joint hire business back to AGT and they return him the £1 paid.
By:
OliasOfSunhillow
When: 01 May 13 10:45
When Geoff say he never refuses bets from proper punters what he really means is he never refuses LOSING punters. Also as a punter I do not see the service offered by on course bookmakers as any kind of incentive for mass crowds at race tracks. In the past they were useful for a handful of pro bettors but these days who needs them?, only the nostalgic amongst us. Its a new world, let them die peacefully and allow the tracks to develop a new and more track lucrative betting platform for its customers.
By:
Gordon63
When: 01 May 13 15:32
went racing 4 days out of the past 6 - perth/ripon/huntingdon/yarmouth (which was 3rd last on my list of UK courses, only cartmel and aintree to go) and a common theme is that the books are basically the exchanges in disguise (and not a very good disguise either!)..at best there was half a point difference between the lot of them (perhaps 30 books at ripon) for runners under 10/1 and for the big outsiders you could see 50/1 vs 66/1 or 80/1 vs 100/1, of course all were lower than that available at the time on the exchanges.  i can't see the point of them showing up and paying the bookmakers fee plus travel/accommodation/expenses and wages if all they're going to do is try to catch the 'mug punters' with horrible e/w terms or the like.  it's no wonder that banks said the more savvy were all betting on course using their apps!..surely if they want to survive they're going to have to take a position on one or two runners each race and go for the price they think regardless of the exchanges?  in the long run they just can't beat the technology at it's own game
By:
Gordon63
When: 01 May 13 15:34
oh there were two exceptions - wensleydale racing at ripon and s&d bookmakers at yarmouth, usually the best ring prices
By:
tiltmonkey
When: 01 May 13 16:16
This thread reminds me of a story from a couple years back about the demise of a bookmaker. The article won a creative writing award and was published by the Racing Post, though it was fictional it sums up many of the current trends in racing. Worth a read. http://www.willswritingawards.co.uk/cathaldennehy.asp
By:
courselayer
When: 02 May 13 07:31
2. Novicey bookmakers/traders turning up once a fortnight on a saturday

Geoff,

You recently place the above as number 2 in the problem child list.

Doubt I would class as a novice but certainly only turn up on a staurday in the summer. Reason being I don't own / didn't inherit the necessary £1/2m of pitches to be full time.
I know many books who have halved the number of days they work in the last 2 years due to marketing fees and increased costs etc, these guys
are giving up on the idea of being full time also, even when trying to earn a modest living only, at the sort of pay you get in McDonalds,
but many keep trying because they love the game.

If you are seeking to represent the majority of books in any capacity you must take on board that 300 of the 450 on course now
only turn up on saturdays and so long as they don't disrupt the integrity (accepted E/W issue) then these guys add to and don't take away
from the wonderful product of UK horse racing.

Furthermore if they didn't arrive the remaining few would be very cosy and betting to 3% runner / 50/1 maximum no doubt.
By:
REGIT
When: 02 May 13 09:05
im one of those he rfers to courselayer.what gives him the right to say it !!!!! imbetting with my own money like you.i wouldnt care but if you look at the people who turn up midweek with there multi pitches most of them alter their ew terms.im not going to name them but they even bet 1/5 1234 on the national.
By:
factmachine
When: 02 May 13 09:13
PLUS 300 OUT THE 450 ARE NOW COMMISSION AGENTSCryCryCry
By:
ribero1
When: 02 May 13 09:16
Regit,you do yourself a disservice,i heard the firm attended Beverley on a dreary Thursday,credit to you!
By:
REGIT
When: 02 May 13 09:24
LaughLaughLaugh
By:
courselayer
When: 02 May 13 09:39
No argument that unlicensed laying on exchanges harms on course bookies but looks like its here to stay factmachine.
I have no issue with bookies who hedge or play straight, it's a business decision which they are entitled to make for themselves.
By:
Sportsadvisor
When: 02 May 13 10:55
Regit. I have the right of opinion. As do you. I refer to damage caused to Ring and standards by part time punters who purchase a pitch for £50 and turn up betting to pure exchange odds. They're not thinking og profit - more of survival- a day out as opposed to punting. It's an unhealthy situation
I don't refer to professional layers
Oncourse
Thanks for the response. I recognise there are many firms who now only bet on a saturday. If they're professional about it and don't turn up in their own pitch, not someone else's, link with another bookie - or stand there betting to 1/6th the ods because that's what the rule says, then that's all good for me. Like yourself, they would have to recognise the current system as broke and we need to fix it. fast
As to 3% a runner. That's what I bet to on the Gold Cup. I have no issue with margin. I leave that to the Racing Post. I lead on service and I'm not about to 'come racing' to leave a few quid behind. I'm in it to make money. That's why I survive. Perhaps to some people's surprise :)
By:
TheNorfolkMafia
When: 02 May 13 10:59
Can't we bring back the 'racecourse gangs' of the 1930s, 1940s & 1950s?

I'll nominate, Charles 'Darby' Sabini!



'ere Preston, what's with the 108% on The Grand National?

You better make it 208% or you and your f*cking tools will be on the track!


Laugh
By:
CASHLESS-LOOKING GOOD
When: 02 May 13 11:29
WE COULD HAVE NICKNAMES ....SLASHER THOMPSON....HATCHET MAN ARMES.....HATCHETT MAN HOWARD
By:
adge
When: 02 May 13 11:51
the figures quoted for the grand national were the opening show put up by bryan hazel which I copied into my computer.
the place percentage of 108% is what showed on my screen [ of course it wasn't with bryan as he was 1/5th the odds a place ]
I trust that clears that up , mafia
By:
CASHLESS-LOOKING GOOD
When: 02 May 13 11:56
LOLOLOLOL
By:
TheNorfolkMafia
When: 02 May 13 12:52
Fetch Prestons' tools back lads and throw Hazells' tools on the track instead!

Laugh
By:
Sportsadvisor
When: 02 May 13 12:54
Hazel is a thorough going pest
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