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denathorn
10 May 15 12:53
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Date Joined: 09 May 11
| Topic/replies: 3,578 | Blogger: denathorn's blog
I am astounded at the short prices on offer on here. A typical 5/2 poke will be freely available at 3.9 or 4.0 on the exchanges and even then the sportsbook may only be offering 9/4

I really don't see it's relevance on a site like this, especially when you get limited anyway to peanuts.
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Report timeless May 10, 2015 12:58 PM BST
if you add a 1 to 5/2 it becomes 3.5 and with the 5% commission it's basically the same 4 as the exchange.
Report pablo-fanque May 10, 2015 1:10 PM BST
apparently , some people do not understand how the exchange works , so betfair try and entice them to use the sportsbook
Report denathorn May 10, 2015 1:15 PM BST
5/2 against a 4.0 5% commission
To a £1 stake
£3.50 vs £3.85

A world of difference.
Report ph. May 10, 2015 1:17 PM BST
you'll get your own thread pulled by the moderator.
Report denathorn May 10, 2015 1:18 PM BST
Why? We can comment on others bookmakers.
Report denathorn May 10, 2015 1:20 PM BST
And it's a comparison between 2 markets available on here.
Report ph. May 10, 2015 1:21 PM BST
because you rightly point out that the exchange is much better value than the sportsbook and they want to promote the sportsbook. That is why, its also a bit tongue in cheek but I know how serious you have to be to remain focused on here.
Report denathorn May 10, 2015 1:24 PM BST
If they wanted to promote it, they should say BOG, i.e we will give you the odds at the current price, and if it is bigger on the bfsp then we will give you those odds. NOW THAT WOULD BE A WINNING FORMULA
Report ph. May 10, 2015 1:27 PM BST
I don't know who you were on here before 2011 but those of us who have been here since Flutter and gone through account managers like EPL clubs go through managers know the figures,comparisons and stats backwards. It was a bit of banter, obviously it wasn't delivered with emoticons so hands up,my fault, how were you to know it was light hearted.
Report ph. May 10, 2015 1:31 PM BST
they do say bog, so if it drifts you are ok. They don't want a winning formula that worries them over market position. They want the recreational trixie, yankee punters. Not Luckys because they don't want to pay bonus or enhanced odds. They see the couple of quid punters as no threat to the business model and thus want to take them on. Like all the shops they don't want £200 upwards level stake punters who have about ten bets per week.
Report denathorn May 10, 2015 1:34 PM BST
Ok ph. Happy

We all know that bookmakers have an agenda, rip off as much as they can when and where they can, but when the discrepancies in starting prices vs exchanges has become ever more apparent and there is a call for change, why can bf not be the leader? I am sure if they did a bog with bsp being offered if bigger then they would not only dominate the market but destroy most of the competition.
Report ph. May 10, 2015 1:34 PM BST
Plus the couple of quid punters may easily be enticed into the casino with small £20 free bet offers. They are far more susceptible to sample the bear pit than a disciplined pro punter. A tenner a week from most of the client list adds up to a huge amount of money.
Report timeless May 10, 2015 1:36 PM BST
just like Tesco says, every little helps,

just look where they are now Crazy
Report ph. May 10, 2015 1:37 PM BST
they already own the market as most businesses come on here to hedge and pay some juice. Everybody in the betting industry gives the machine some juice.
Report denathorn May 10, 2015 1:38 PM BST
I'm not talking about other bookies, I am talking about the punter.
Report ph. May 10, 2015 1:44 PM BST
Aldi and Lidl have shaken the big 4 supermarkets to the core, people are greatly influenced by price if there is no discernable difference in the product. The food wars prove it, unfortunately BF is a monopoly and is where it happens, all the action and the bits and pieces. Would the PC players move elsewhere to save on PC? NO because nobody has the guaranteed custom and turnover day in day out. Until 2 or 3 different exchanges invested heavily in the infrastructure and IT (don't laugh because they do, it is just the traffic flow) then BF act like Tescos charging for product placement and kickbacks for retailing and trim the PC payers mercilessly because they know there is no other option.
Report ph. May 10, 2015 1:47 PM BST
It was great and forward thinking when it was p2p and it needed to accrue a market share, it now has the bulk of the market and it wouldn't surprise me if they adjusted commission to 3.5% flat rate across the board because they can. ****, I'm giving them ideas now.
Report longbridge May 11, 2015 4:07 PM BST
@denathorn

"we will give you the odds at the current price, and if it is bigger on the bfsp then we will give you those odds."

Can't be done.  If you knew you could do that, you'd never place a bet at BSP as you'd get as good or better on the Sportsbook.  And if no-one bets at BSP, there is no BSP.

As others mention, the BF SB does do BOG at Industry SP.
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