Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
Looking back through the 4 days results it MUST have been a cracking meeting for all Bookmakers ? Even those on the back row or in unprominent positions .
With all those surprise results any Bookie there failing to clear at least £5,000 must question if he knows the "game"
Some of the bigger on-course firms probably cleared £100k -£200k or more?
This particular meeting was very hard for the average punter to have made a profit-but no doubt some did .
As mainly a LAYER on here I was doing ok until I lost concentration on the 4th day and laid a 12/1 shot and thus ended up £290 in front when it should have been nearer £700 without my "mistake"
So presumably the Bookies who went to Cheltenham have finally finished counting their winnings ?
So any hard details from Forumite Bookmakers who stood the 4 days ?
With all those surprise results any Bookie there failing to clear at least £5,000 must question if he knows the "game"
Some of the bigger on-course firms probably cleared £100k -£200k or more?
This particular meeting was very hard for the average punter to have made a profit-but no doubt some did .
As mainly a LAYER on here I was doing ok until I lost concentration on the 4th day and laid a 12/1 shot and thus ended up £290 in front when it should have been nearer £700 without my "mistake"
So presumably the Bookies who went to Cheltenham have finally finished counting their winnings ?
So any hard details from Forumite Bookmakers who stood the 4 days ?
Show More
You should never have a double figure priced horse a loser, in my opinion!
Alan will be on in a moment, agreeing with me!
Alan will be on in a moment, agreeing with me!
TWIZZLE 22- This particular "LAY" was a mistake . It was one of six horses in the race that I wouldnt lay . But I got distracted by a phone call and I simply laid the wrong horse right on the "off" . To make it worse it went to about 20-1 "in-Running " and I should have backed it but didnt, owing to greed and stupidity and tiredness after four long afternoons of Cheltenham dramas .
That lay undid a lot of hard work and risk taking .
That lay undid a lot of hard work and risk taking .
wasnt a mistake then dik if you could have corrected your error but chose not to.
It was a wrong decision.
All losing bets appear to be mistakes even when we just made the wrong call.
It was a wrong decision.
All losing bets appear to be mistakes even when we just made the wrong call.
Backing horses back, 'in-running', is a totally false economy!
I KNOW A BACK LINE BOOKIE(WITH A TASH) WHO HAS JUST FINISHED COUNTING IT THIS MORNING
TheNorfolkMafia • March 17, 2014 1:02 PM GMT
Backing horses back, 'in-running', is a totally false economy!
Only if your stupid enough to back it lower than youve already laid it.
Backing horses back, 'in-running', is a totally false economy!
Only if your stupid enough to back it lower than youve already laid it.
THE COINS WERE PUT IN A SOCK,AND WOULD HAVE BEEN USED AS A SELF DEFENCE WEAPON IF CALLED UPON
Did the sock belong to a member of staff ? A case of TIC TAC TOE !!!
Did the sock belong to a member of staff ? A case of TIC TAC TOE !!!
We know that several Bookies post regularly on here .
But on this subject they have gone a little quiet and sheepish . Perhaps having won so much they feel a little guilty ? Or are they all now on World Cruises and laughing their little heads off at the myriad of mug punters at Cheltenham getting ever deeper into the sh*t ?
But on this subject they have gone a little quiet and sheepish . Perhaps having won so much they feel a little guilty ? Or are they all now on World Cruises and laughing their little heads off at the myriad of mug punters at Cheltenham getting ever deeper into the sh*t ?
I STILL CANT UNDERSTAND THOUGH WHY THERE WERE 20 VACANT PITCHES IN TATTS ALONE
I know of a northern irish layer......who got himself nearly 200k.......a proper layer.....an old fashioned risk taker......not one of these ponce bookies trying to arb every bet back on here.....and standing every fav for the price of a bag of chips......
fair play to him I say......
fair play to him I say......
some may have only been close to that figure , DIK , but you are probably correct on the the 5k start figure.
personally , I'm not taking a holiday [ will be at wetherby tomorrow ] ,,,,can't be greedy I only got back two weeks ago .
I am pleased to confirm though , that everything I took I kept . NOT ONE PENNY GIVEN TO ANY EXCHANGE
personally , I'm not taking a holiday [ will be at wetherby tomorrow ] ,,,,can't be greedy I only got back two weeks ago .
I am pleased to confirm though , that everything I took I kept . NOT ONE PENNY GIVEN TO ANY EXCHANGE
Spill the beans adge ! We are not talking about your 'contrived rep' here are we ? Normally when the longshots win he loses ! 
Ok lads.
What are the first steps to becoming an on course book? How much do you recommend to start with?
What are the first steps to becoming an on course book? How much do you recommend to start with?
angel ,
first you need a gambling commission licence.
then a computer and the bookmaker software and an LED board [ the stand can be rented ].all can be bought second hand
then you have to buy pitches which costs whatever you want to spend.....southwell , Wolverhampton , lingfield , Kempton aw cost from £50 each....these would get you 200 days work per year and a bargain buy to many on here.
you don't need any cash other than a ton or so to pay the racecourse daily badge plus entrance as you have it all back on here to guarantee a handsome profit every day
money for jam really
first you need a gambling commission licence.
then a computer and the bookmaker software and an LED board [ the stand can be rented ].all can be bought second hand
then you have to buy pitches which costs whatever you want to spend.....southwell , Wolverhampton , lingfield , Kempton aw cost from £50 each....these would get you 200 days work per year and a bargain buy to many on here.
you don't need any cash other than a ton or so to pay the racecourse daily badge plus entrance as you have it all back on here to guarantee a handsome profit every day
money for jam really
Appreciate that adge, food for thought.
Which is your local track adge?
Which is your local track adge?
Angel Gabrial • March 17, 2014 8:59 PM GMT
Ok lads.
What are the first steps to becoming an on course book? How much do you recommend to start with?
Find out how many days they would let you out of the mental institution?
Ok lads.
What are the first steps to becoming an on course book? How much do you recommend to start with?
Find out how many days they would let you out of the mental institution?
I had a great Cheltenham, I watched it and I watched it, smiled at every result and wondered how many were foolish enough to get sucked in.
Newton Abbot etc,etc might not be everybody's idea of racing at its best but the bookie is a thousand times more likely to go home skint than at Cheltenham or Royal ascot.
Cheltenham is were thieves and pirates go to sell Pirite to the gullible.
If I had one wish it would be to ban any mention of the place until the second week in march next year.
Newton Abbot etc,etc might not be everybody's idea of racing at its best but the bookie is a thousand times more likely to go home skint than at Cheltenham or Royal ascot.
Cheltenham is were thieves and pirates go to sell Pirite to the gullible.
If I had one wish it would be to ban any mention of the place until the second week in march next year.
Find out how many days they would let you out of the mental institution?
Every other weekend and monday mornings so far, i am gaining their trust though so i am hopeful of more independence.
Every other weekend and monday mornings so far, i am gaining their trust though so i am hopeful of more independence.
Most bookmaker friendly results since 2010 although the new E.w rules were a shock to the system for some.
ADGE - I suppose at Cheltenham there is so much turnover and probably every horse in a race is "backed" to proper money . This enables the on-course Bookmaker to make a proper percentage "BOOK" that will guarantee him a profit no matter what wins the race .
I understand that at many smaller meetings that cannot be done as there is often only money for say the first 3 or 4 in the betting and only peanuts for the "rags" which make it a lopsided "book" and hence many are pleased to arb and play the Betfair percentage game ?
I dread to think how much money was won in total by the on-course bookies over the 4 days . If say 250 of them only won £5,000 each that would total £1 million. So the true figure must be double or treble that ?
ON TOP OF THAT WE MUST REMEMBER HOW MUCH COMMISSION BETFAIR TOOK FROM ITS PUNTERS-WHICH ALL GOES TO REDUCE THE TOTAL BETTING POT.
ANY ESTIMATES FROM ANYONE AS TO AN APROX FIGURE OF TOTAL BETFAIR COMMISSION OVER THE FESTIVAL ?
I understand that at many smaller meetings that cannot be done as there is often only money for say the first 3 or 4 in the betting and only peanuts for the "rags" which make it a lopsided "book" and hence many are pleased to arb and play the Betfair percentage game ?
I dread to think how much money was won in total by the on-course bookies over the 4 days . If say 250 of them only won £5,000 each that would total £1 million. So the true figure must be double or treble that ?
ON TOP OF THAT WE MUST REMEMBER HOW MUCH COMMISSION BETFAIR TOOK FROM ITS PUNTERS-WHICH ALL GOES TO REDUCE THE TOTAL BETTING POT.
ANY ESTIMATES FROM ANYONE AS TO AN APROX FIGURE OF TOTAL BETFAIR COMMISSION OVER THE FESTIVAL ?
I live in Doncaster , angel.
more important , I don't bet on ANY all weather racing anywhere
more important , I don't bet on ANY all weather racing anywhere
Doncaster would be my local as well Adge, over in Sheffield.
AW racing is a law to itself.
AW racing is a law to itself.
the results were clearly great on gold Cup day but the relevant issue is the turnover and what were those 3rd and 4th line tats bookmakers actually holding. Crowd looked quiet in tats for the first couple of days.
Interestingly Chelts tats pitch has gone up for sale after this festival.
Interestingly Chelts tats pitch has gone up for sale after this festival.
DIK DAS
Rough guess @ B/FAIR comm for the four days.
27 races?-average matched per race £3.5M= 80/100M
At 3.5% on half of the matched amount,total comm
would be 1.2/1.5M.
All guesswork-please don't have a go if I got this wrong!
Rough guess @ B/FAIR comm for the four days.
27 races?-average matched per race £3.5M= 80/100M
At 3.5% on half of the matched amount,total comm
would be 1.2/1.5M.
All guesswork-please don't have a go if I got this wrong!
Cinema - yes I dont think you are far wrong.So if we say that punters lost £2million on the course at Cheltenham and then Betfairs total commission for all bets for the same meeting came to another nearly £2 million.
That takes away four million quid out of the punters betting banks in a short space of time .Thats a lot of money and of course it could be a lot more (or less?!)
That takes away four million quid out of the punters betting banks in a short space of time .Thats a lot of money and of course it could be a lot more (or less?!)
ONCOURSE THE BOOKIES BEAT THE MEAN MACHINE ON EVERY FAV,I THINK THEY DESERVE A MEDAL MR DASTARDLY!
Post Your Reply
Please login to post a reply.
Wonder
Instance ID: 13539