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On the Greyhounds forum,
New Cross Anyone ever go there ? A fabulous read! |
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JIMEEN YOU ARE SPOT ON,OFF COURSE BETTING ONLY MUGS CAN GET A BET ON EVEN SOME OF THOSE STRUGGLE,THE LIQUIDITY ON HERE AND THE PURPLE IS AN UTTER JOKE,ALL THE WANNA BE LAYERS ARE NOW SKINT,THE SIMPLE FACT IS THAT THE PUNTERS HAVE NEVER EVER HAD IT SO GOOD WITH THE ONCOURSE BOOKS,BIGGER THAN THE MACHINE NO COMMISSION,NO PREMIUM CHARGE,BE CAREFUL WHAT U WISH FOR OLIASOFSUN
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These posts by oncourse books saying 'bigger than the machine' keep appearing
you're not doing yourselves any favours with such obviously contradictory statements as the above and ones about the prevalence of hedging bets on here |
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FACT - Spot on....but you are preaching to the totally unconvertable on here...their perception is that ALL on course bookmakers are rip off merchants...they just dont want to believe that there are some, like yourself, who bet regulation terms,take a decent bet at more than competitive prices and pay out with good humour....OLIASOFSUN...come racing...seek out,and bet with operators like fact..they do exist....BIGGER than the machine.. NO commission.
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Is being unable to turn the caps lock off one of the traits required to be an on course bookmaker?
Perhaps shouting out nonsense all day on the track translates to shouting nonsense on here too? |
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There are still plenty of idiots who think that the exchange is the only way to bet. It is far and away the best way to bet, there is no doubt about it whatsoever. That is as long as you are a loser,and that you have no pretensions to winning ever. Anybody who is allowed play on betfair cannot be winning. The other exchange while free of the winners tax,simply has no customers.
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the same clown who stated that the sport had never been cleaner on channel 4 last week, go away banks your waste of space
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olias
the point i was making is nobody long term can make it pay as a layer on the exchanges they will all go skint just like those with one horse books in the old days. |
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Yeah - great idea - 135% over round
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Betfair bet to 200% in most races,when you include the commission and the winners tax. Its 100% to the losers ok and that incorporates most.
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way too late - an attempt to reinvent yourselves 5 years ago still might not have worked - but now technology and undercutters have got you - your overrounds have found you out - you cant reinvent yourselves against technology that doesn't allow you a workable margin - even mug punters are seeing the the light - extinction (course books as we know them) seems not far away.
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KATVERRAT,COME RACING,BETFAIR SHARE PRICE JUST KEEPS GOING DOWN I WONDER WHY?,THE big FIRMS WONT LAY A BET,THE THREAT TO ONCOURSE BOOKMAKERS COMES FROM THEIR LEADERS AND THE RACECOURSES.
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Biggest race of the year - grand national
What over round do most bookies have it to - 105 % ???????? |
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mine was 118% on the win and 108% on the places zealot
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40 Runners and you bet to 118%!
No wonder i sold up! |
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adge, the band played believe it if you like
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FOXY I PHONED UP NEWMARKEY TODAY AND THEY SAID I HAVE TO PAY THE 20 QUID THIS IS AFTER THE AGT SAID TO ME PAT DONT PAY THE SCORE THEY DONT KNOW WHAT THERE DOING WHEN I TOLD NEWMARKET THIS THEY WASNT VERY HAPPY ABOUT THE REMARKS THEY TOOK MY PHONE NUMBER AND SAID THEYD GET BACK TO ME ...WHICH THEY DIDNT .........ILL PHONE THEM AGAIN TOMMORROW ,I JUST HOPE I DONT SWEAR
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118%...don't tell alan bennett
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factmachine,I wonder if you asked yourself if Betfair shares were a good buy at £6.90,or just thought they would continue to fall.Then,when they surged back up to £8.40,showing a substantial profit for many investors,asked yourself why you didn't play.The comments about the profitability of the company are amazingly doom-ridden.
There was talk about the layers drying up for the last 8 years!!! Re.racecourse negotiations,don't forget you guys trade on racecourse ground,so they do have the power to impose conditions,or change existing ones, if necessary.They are in charge,but you also have strength in numbers,IF all sing together.Fragmentation never wins the day.Good luck. |
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THEY ARE ALL SINGING TOGETHER ......NEARER THY GOD TO THEE
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unfortunately I have reached thew conclusion Robin Grossmith will never bend on two fronts. He won't permit anyone to alter or influence his business and he's convinced no track should be able to dictate commercial terms to Bookmakers. He's been fair and honest in stating his position. It is not a view endorsed by many Bookmakers though and almost noone on his association.
He did a wonderful job on Board on Rails, with my Father. And he is a hard worker for Bookies. However my view he has shouldered too much of the work associated with pitch contracts, and with that has come an singularity. Perhaps that is inevitable when noone else wants to do the work. The battle I face is in not only convincing him that now is the time to seriously moderate his views on tracks aand get thoroughly behind his members clear wishes on each way terms 123 signed contracts delivered on the Hill at Epsom - without complaint out of 131. And he's seeking to challenge the contracts on each way imposition. Ridiculous really. Robin has refused a questionaire to date to his association on imposition of terms. his response ' if it's unlawful, no point in asking members to vote on it.' But no judge has ruled it unlawful? Nigel Spencer took a straw poll at Windsor recently and reported of the 30 or so attendees all but one (who abstained) was in favour of standard terms I took a poll of 28 at Newbury-mostly ring- 28 questioned. 25 in favour - 3 against I did the same at Ascot- and got around nearly 40 firms. 3 against 'imposition of standard terms by racetracks' that was my question. Sunday - there is a meeting of the executive to discuss the way forward. Robin will or will not accept what these numbers are telling him. I will try to persuade him and the executive, that at this time most bookmakers want a more constructive dialogue- without a lawyer in the room, with tracks. And for the leaders to start acting for the members they represent Those are the facts as I see it, and as Bookmakers tell me. I have stated my position here, and in the press, as honestly as I can. I will try very hard on Sunday to persuade my colleagues of the need for change now. Either way I ask for your support in attempting to deliver 'voluntary agreements' with racetracks - and the return of local pitch councils. Not Bookmakers charters or Lawyers fees. One final point. Should i lose the debate on Sunday- the racetracks will win the war |
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I followed your argument Geoff with interest and support until the last six words - 'the racetracks will win the war' which puzzled me. Are you inferring the racetracks will impose something the bookmakers do not want? This would be surprising since to my limited knowledge the racecourses are thinking along the same lines as yourself.
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SPORTS,ROBIN DID INDEED DO A "WONDERFUL JOB" FOR BOARDS ON RAILS,WHICH WAS ANOTHER NAIL IN THE COFFIN FOR MOST TATTS RINGS AFTER INVESTORS WERE ASSURED BY THE LEADER OF THE NJPC THAT "THERE WILL NEVER BE BOARDS ON RAILS"THE QUESTION THAT SHOULD BE ASKED IS HOW THE HELL WAS HE ALLOWED TO GET AWAY WITH IT
![]() ![]() ,CORRECT ME IF IM WRONG BUT WERNT RAILS BOOKMAKERS ONLY EVER ALLOWED ON RACECOURSES WITH THE STRICT PROVISO THEY WOULD NEVER BE ALLOWED TO DISPLAY PRICES![]() ![]() ![]() ![]() ![]() |
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It means we win if we negotiate and work with the tracks, because we have a common interest. If we fight the changes they want to make - even ones we staunchly agree with - they will become beligerent to our needs and won't help us with such as pitch renting and all the other shenanigans. Who could blame them. In which case they win the war. Although in truth nobody wins with an empty ring - if you see my drift
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Factmachine. It's a very old debate now. I assume you've owned your pitches from before the days of sales of pitches? Because then i could understand your view better. However, in business, it's rather inevitable that change sometimes hurts folk. Don't forget my Dad was main protagonist. So i'm biased :)
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OH THATS OK THEN!
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How was business today at Ascot ? seemed busy ........
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ITS ALL ABOUT RIGHT AND WRONG,PEOPLE HAVE LONG MEMORIES!
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Sedgefield tomorrow Mr Facts?
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YES I WILL BE BIGGER THAN THE MACHINE LORD GARFORTH
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Thanks for the explanation. I think the racecourses are aware that personal preferences are superceding the wishes of the majority and as you say if mutual agreement/s can not be reached will act accordingly. The suggestion that such action is illegal is in my view something of a smokescreen.
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COULD U BRING SOME OF THAT WALNUT CAKE YOU BROUGHT TO WOLVS,I HAVE TO SAY NOBODY MAKES CAKES LIKE INTHEKNOW
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good luck on sunday , geoff
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IMO there are too many bookies (at most tracks/meetings, obv not the AW ones)
If you have two bookies standing right next to each other offering the exact same prices, one of them is redundant, and punters wouldn't notice if one of them were to pack it in. The remaining bookies would be better off. Sadly, the punters wouldn't notice if the bookie with the decent e/w terms was the one forced out, but that's another issue... |
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Adge thanks. I don't expect to carry the day. The exec is far too cliquey. But you never know, might dawn on the boys that the Rails assoc has never had an issue with each way terms nor viewed tracks as the arch enemy of Bookies. it's a misnomer
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I'm assuming the ARB and NAB didn't know Barristers had been engaged and sanction a spend on a miracle quest to find something unlawful that 123 other bookies agreed to?
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Geoff, the directors of the Associations have both a duty of care to their members and are also legally responsible as directors for decisions that are made at board level. It would be irresponsible of them not to take legal advice on something as big as this that they may be recommending to their membership (depending upon the results of the ballot of members.)
I know there is a lot of frustration amongst the decent bookmakers with the rogues who are getting the rest a bad name with the EW terms but you cannot ride roughshod over the law of the land. It needs careful consideration to make sure its done right. |
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Morning wasnot,i seem to have become a collection point for you,ITK has given me his pony for you so you want £60 off me at chester,pease remind me if I forget!
While SA is dishing out the plaudits for boards on rails i can't help but feel that CR will be livid not to get a mention!A shocking omission imo. |
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GEOFF as you know im somebody who generally beleives in the ring DOING THE RIGHT THING because in the long term i think it will help us.i do think though that you are making the same mistake that the negotiating team made.im not convinced you and the people who are talking to the racecourses have a mandate to do what you are doing.theres a big difference to walking round a ring and asking people than having a secret ballot.if a ballot was carried out and you knew for sure the figures for and against you would be in a stronger(hopefully)position.the thing that worries me is that all we do is give things up to the racecourses(entrance multiples,marketing fees,more books in tatts and the rails,tote booths and there own booths all over the place etc.)we should be going to the racecourses and saying the new law is costing them customers but (example after poll) 95% of books are prpared to bet to gold flag terms as a minimum if for example the marketing fee is scrapped or perhaps used to MARKET.perhaps every racecourse has page 3 in the programn explaining how to bet with a bookmaker etc. and a few large signs around the racecourse saying the same.finally geoff answer me ,honestly,if your after fairness etc. what do you think of the one for one system (tatts and the rails)because were never going to get books to agree on anything while a system that is so obviously wrong is allowed to stay in place.
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snap wassy.
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