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geoff banks article.
geoff banks article.
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Replies: 159
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Geoff
Fair enough, position explained, thanks for the reply. |
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A pleasure. If we work together- bend a little with each other- and stop behaving in such a 'greedy' fashion which only denigrates the critical margin, we might prosper. At least would be a step towards sustainable business.
1/9th the odds and 2 places on the grand national- it's coming otherwise :) |
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bet next to a bookmaker mentioned recently at sedgefield once.bad ew hcap.i was 1/4 123(didnt want to be).he was win only but laying ew if asked.when i looked at one of the tickets hed put 1/6 odds into his computer.mentioned it to a ring inspector who said hed have a quiet word.no morals.if you get a chance to bet next to this book its worth it just to hear him talk to the sp man after.£5000/300ew,an even grand 3 times,£8000/1000ew.hans christian andersons kids go to sleep listening to his stories.
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NOW NOW REGIT....WE DONT WANT TO 'LOOK SPLIT' DO WE
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i have enjoyed reading this thread and would like to offer mr banks my opinion. have held a permit for 26 yrs started as a clerk p2pointing; making a book at various greyhound tracks for over 20yrs and currently have a decent spread of frontline picks at various racecourses .the constitution of the frb needs addressing immediately 3 people voicing THEIR opinions masqurading that they purvey everyone eles what a joke !
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mr flash bookie - as a punter I'd like to ask you the following questions
a) in the pre-exchange days, how much would you be prepared to lay on any given horse - perhaps this depends on the size of the crowd, strength of the particular market etc so just for arguments sake let's say for a saturday meeting and a tuesday meeting b) what percentage of bets now are fed back in full to the exchanges c) do you trade on the exchanges on the days you're not on course d) do you consider yourself a bookmaker or a trader thanks! |
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Wonder if flash is hinting how the bookmakers' wishes can be represented more accurately and impartially ? I have been told the constitution regarding the representatives' voting is severely flawed. If more forward thinking individuals as flash suggests are required how Mr. Banks can it be achieved ?
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Excuse me for interrupting Gordon but despite Flash being more than capable of being able to answer for himself might I save him from answering d) - he is definitely a bookmaker and NOT a trader !
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Gordon63,
flash bookie, would be one of the very few on here, who could, without fear of contradiction, call himself a 'Bookmaker'! |
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Did you teach him all you knew Norfolk ?
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which is more than we can say about democrat whos half council worker and half horse thief
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top hat and tails Saturday sogy
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double wages on the toe nails
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with respect democrat IMO that depends on his answer to b).
i'm not a bookmaker so am not at all familiar with the industry authorities/admin/rules/governing bodies etc etc but what I (and many others including the bookmakers) know is that the price variations which were part and parcel of going racing have all but disappeared and almost without exception the whole row of LED illuminated boards are showing the same prices give or take half a point and are one or one and half points BELOW that offered on the exchanges at the same time. there is no way - even with free admission, free bookmakers badges or whatever else the bookies trade body may wish to introduce - that such practices can compete and in the long term survive against technology and the exchanges which in themselves will probably evolve to more direct person to person betting. bookmakers in the historical sense have IMO already disappeared and the 'ring' is targetted towards fleecing the once a year punter, the summer football fans (too tanked up to care about value) and the ladies days. |
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johnnywilkinson,
Very droll! |
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one and a half points below .....W.A.C
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GORDON IVE POSTED ON HERE ALL MORNING AND AFTERNOON AND YOUVE DEFINELTLEY JUST PULLED 3 LENGTHS CLEAR ON THE ....K**** STAKES
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IT RHYMES WITH HUNT
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johnny tosspot - do you see the adverts every week showing betfair prices vs the main books or are you deluded enough to believe the good old family bookie trading for 30 years (blah blah) offers better odds than the big players...they're all sheep...and the head of the flock is disappearing over the horizon
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STICK YA HEAD IN A BUCKET OF ZHISHZIT
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its you trying to defend the indefensible whos in ostrich land!! compare the money on course now with 20 years ago - in 20 years it will be all but gone..you and your like may fool yourselves about value but myself and others have seen all we need to see..there's more traded on a single midweek race at catterick on the exchanges than on course the whole meeting
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few minutes before the off - 3/1 each of first three in market at sedgefield - lets wait for the SP...9/1 rudigreen, 14/1 the next two and 17/1 the outsider
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ILL ACCEPT YOUR FORGIVENESS IF YOU GO DOWN TO THE MAIN ROAD STAND ON THE ROUNDABOUT WITH YOUR CAP BACK TO FRONT YOUR TROUSERS DOWN TO YOUR ANKLES ONE HAND ON YOUR NIAGRAS THE OTHER SUCKING YOUR THUMB AND A BIG SIGN ROUND YOUR NECK THAT SAYS PAP IF YOU THINK I LOOK DAFT
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YOU SILLY CLUELESS INDIVIDUAL
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Flash Bookie. You asked for my opinion? And I'm an honest fellah, think most people know where they stand with me, which is a start!
My belief, if Robin Grossmith acts for his association and their wishes - we'll all get along fine. If he says one thing, and does another, he's likely to struggle. I won't be party to any more squabbles with tracks. I accepted through consensus standard terms taken out of contracts. I also had to accept we wouldn't be renegotiating contracts in the light of racetracks competing with us on betting I expressed the view contracts should have been rewritten to reduce their badge fees if they competed with us. Again the consensus view was that we needed to get a result on the contracts and i accepted overrule again Now we have the contracts - we move forward with tracks. If leaders respect that, they will have our support. If they don't, they will be replaced. |
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one and a half points below .....W.A.C
silly dopey gordan . at least two and a half points eh johnny. |
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I've got a simple question for gorden.
why do professional punters go racing and bet with course bookmakers if what he believes is true. and by the way ,they don't take SP |
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pc charge adage
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gordon 63 sorry for the delay in reply to you pre exchange i would be happy to stand a horse for say £5k if i was holding £3k on a race .saturday at sandown or wet tuesday at towcester would make no difference to me gordon !percentage of bets fed back in to the machine would vary massively from bookmakers . eg i know of a few that have as much as 90 % of their field money back on the exchanges and some who only monitor the exchange prices and never use it.if it helps your curiosity in 2012 i hedged less than 1% of my oncourse turnover into the exchanges .athome i may use the exchanges to back or lay on football but purely recreational and lastly i would call myself oldfashioned play with a straight bat and a old school bookie and still the best looking bookie on a british racecourse !!!
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flash bookie,
I agreed with everything you said until.....and still the best looking bookie on a british racecourse !!! |
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sporstadvisor; credit where credit is due yourself tanya stephenson and i believe paul johnson and racing for change got the gold flag scheme up and running which i have always been a big supporter of.i told you at n'market at the time that i appreciated the level playing field you were trying to create .however only 3 days ago i was in a meeting with steve clare [jockey club betting administror/advisor] it is the jockey clubs wishes for standard terms at all their racecourses they have approached the frb who likely to oppose this with a legal challenge. to me this is pathetic how can they represent me a challenge somthing i badly want !and to top it up use my money in legal fees to do so !
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ALL THE BIRDS WITRH THERE 2 QUID EWS ON SATURDAY
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flash - thanks for the comprehensive reply, i think you're in minority but good luck to you. what is your explanation for the lack of variation across the boards?
adge - there are traders on the exchanges whose turnover dwarves professional punters on course. if i look at old sporting life returns pages, the number of large bets (over 500) logged on many runners, not only favs, is quite staggering compared to now - implication being that the big money associated with professionals is either not there OR (hard to believe) those publicity shy bookies are not reporting their large bets, if so wonder why? |
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Specsavers for you Norfolk and possibly the Labour Exchange !
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I think he's referring to the chap on the front who takes the bets , mafia
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GORDON- BUZZ OFF
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FLASH HAS BOUGHT HIM A DICKIE BOW FOR SATURDAY
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adge • May 2, 2013 5:15 PM BST
I think he's referring to the chap on the front who takes the bets , mafia Aah, that would be me! |
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No ! He means Yarmouth front and the manager at Ladcrokes !!!
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