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TheFear
02 Jul 15 13:04
Joined:
Date Joined: 09 May 14
| Topic/replies: 12,591 | Blogger: TheFear's blog
I think Betfair should have a mini experiment of seeing what effect suspending the in-running market at say roughly the 1/2f pole or before the final fence in jumps would have.

At the moment (and it's highly unlikley to change) the 'wrong' type of person is winning the big money. Most of these track players are completely clueless about horseracing but they are taking the money off people on slower pictures who lack the discipline not to bet late.

Obviously if you have a winning system based on laying the field short or whatever, you might have reservations. But the opinion players on slower pictures need protecting.
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Report jamesdean July 2, 2015 1:06 PM BST
no
Report Deltâ July 2, 2015 1:08 PM BST
Most of these track players are completely clueless about horseracing ...


roida will cabbage ya for that outburst of his skills ...
Report oberfuhrer9 July 2, 2015 1:09 PM BST
Loony idea
Report jamesdean July 2, 2015 1:10 PM BST
It's 2015, they can send satellites around space, win wars using handheld toy aero planes, clone sheep and do human head transplants.
They should be able to provide fast pictures to all on a level playing field.
Report TheFear July 2, 2015 1:12 PM BST
They're not though going to provide faster pictures. At the moment a newcomer will be watching a worse picture (grainy, small screen), 2 seconds behind against people who've been doing it for 10 years.
Report Big Boss July 2, 2015 1:23 PM BST
while there is an inch, people will try to take a mile
Report Magic__Daps July 2, 2015 1:33 PM BST
Everyone knows there are people on track and/or faster pics etc. Surely if you do not have the above, don't play in the last furlong or before the last fence - personally I would say don't play in running at all.

Also if they are completely clueless and winning money, why not give it a go yourself and make your fortune??
Report TheFear July 2, 2015 1:44 PM BST
My motivation is to see new blood come into the game with at least a chance of lasting. The situation we have at the moment is the most sophisticated players having all the advantages.

When I said track players are clueless I meant about horseracing in general, I don't dismiss their skills at what they do.
Report GREENDOG. July 2, 2015 2:07 PM BST
Perhaps they should move the finish of all races back one furlong or one obstacle
Report EVILROYSLADE July 2, 2015 2:10 PM BST
A BIG NO to OP!
Report SEATHESTARS....NO1 July 2, 2015 2:11 PM BST
I personally am not too bothered about them with the faster pics. I use atr c4 whichever is on its fine for me. I can race read ok but do tend to chalk up a lay in running before a race anyways. If i have laid one pre race i tend to like to put in 'keep' bets in to lay the rest of the field at say 1.72 and/or 1.55 for a few quid. You wouldn't believe the amount of times more than 2 horses trade as short as that in a races and how often! But that does depend on how many fast fingered guys there are playing that race as to the volatility of the in running market. The last few days has been brilliant in that regard
Report SEATHESTARS....NO1 July 2, 2015 2:14 PM BST
Fine example:

Lay (Bet Against)    Backer's
odds    Backer's
stake   
Payout
Liability
Time Warp2.79 £38.00  £68.20
Bochart1.72 £22.00  £15.84
A Momentofmadness1.72 £22.00  £15.84 Wink
Report TheFear July 2, 2015 2:19 PM BST
I still think plenty of horses would go short and get beat even with an early suspend.
Report HarmonicaPhil July 2, 2015 2:22 PM BST
If I did'nt have the opportunity to lay the 1.01 IR and have the occaasional success I would be bankrupt
Report dave1357 July 2, 2015 2:46 PM BST
You sound shrood seathestars..no1
Report tashkent terror July 2, 2015 3:04 PM BST
why suspend at all and have all these in-play delays?

It's time we had a section titled "high risk Betfair" unmanaged for all markets, a free for all where pro's and amateurs alike can pit their wits against each other....those with the faster feeds may win...but they can also get cleaned out.

Some footy games have 10 second delays now...why?? i much prefer the un-managed markets, but they have now all gone.
Report roida July 2, 2015 3:12 PM BST
TheFear 02 Jul 15 13:04 
I think Betfair should have a mini experiment of seeing what effect suspending the in-running market at say roughly the 1/2f pole or before the final fence in jumps would have.

At the moment (and it's highly unlikley to change) the 'wrong' type of person is winning the big money. Most of these track players are completely clueless about horseracing but they are taking the money off people on slower pictures who lack the discipline not to bet late.

Obviously if you have a winning system based on laying the field short or whatever, you might have reservations. But the opinion players on slower pictures need protecting.

Ive been watching horse racing for 45years,forgot more than most will ever know....and if you think it that easy come to one of my box's and have a go yourself?
Report Deltâ July 2, 2015 3:13 PM BST
told ya ..
Report TheFear July 2, 2015 3:27 PM BST
I've met track players who literally don't know the difference between a hurdle and a chase. Or wouldn't have a clue what a seller or claimer was or how they worked.

But...im not denying some of them have big b@lls and will stick plenty on at short prices to make a good living.

It's the people laying these players and getting wiped out who need protecting.
Report Aviboyd July 2, 2015 3:36 PM BST
Excellent idea, whilst they are at it perhaps they can suspend football matches after 85 minutes.
Report roida July 2, 2015 3:38 PM BST
it aint as easy as you think..not now...liquidity in last 3f is poor.
Report Deltâ July 2, 2015 3:40 PM BST
when did TheFear meet you then roida ....
Report TheFear July 2, 2015 3:42 PM BST
I don't think it is easy but I do think it's the late money that wipes out the new blood very quickly.
Report tashkent terror July 2, 2015 3:43 PM BST
If the people laying these players are continually getting wiped out then surely they should have the common sense to stop doing it.

Why should they be protected?
Report Darlo Bantam July 2, 2015 3:45 PM BST
No.

Totally the wrong answer to the problem.
Report TheFear July 2, 2015 3:45 PM BST
Ummm because we all agree liquidity is dropping all the time? Don't we?
Report duffy July 2, 2015 3:49 PM BST
Fook me, I use RUK and LV and do most of my backing inside the final couple of furlongs or so, I better check to see how much it's costing me.Shocked
Report TheFear July 2, 2015 3:54 PM BST
On LV? Course you do. You beat a few hundred people watching clearer, faster pictures?
Report TRD.Racing July 2, 2015 3:54 PM BST
Hunty Do you think you could make the game pay pre race
Report Jack Bauer '24' July 2, 2015 4:55 PM BST
A better idea if they wanted to level the playing field would be to remove the 1 second bet delay for everyone and to place a 3 second bet delay on the accounts of track players and fast pic players.

In the same way bookmakers target winning punters and limit them to pennies, Betfair should take action against those with the unfair advantage over the majority.
Report Rollo Tomasi July 2, 2015 5:20 PM BST
People who think that Betfair want it to be fairer need to look at things in a different way.

Imagine Betfair are the local Mafia and the track players are shopkeepers paying protection money to them i.e. up to 60% Premium Charge.
Report Jack Bauer '24' July 2, 2015 5:24 PM BST
Exactly, as long as the mugs keep playing the last thing Betfair want is a level playing field.
Report TheFear July 2, 2015 5:28 PM BST
That's true except the mugs do appear to be running out and if you have a "mug" who at least has a chance of winning he will keep churning his money. If the Mug starts with 10k and wins another 10k he keeps playing. The track player wins 10k pays his PC and withdraws the rest never to be seen again.
Report Rollo Tomasi July 2, 2015 5:40 PM BST
For people who also don't know The Titanic sunk, the exchange model failed. Commission churn didn't work. Hence Betfair decided to cream off more via Premium Charge and opened a Sportsbook.
Report use2begudear July 2, 2015 5:53 PM BST
The Fear


Not many paying PC Wink
Report TheFear July 2, 2015 6:16 PM BST
Just because there's more money to made with a sportsbook doesn't mean the exchange model failed. What year didn't it make a profit?
Report roida July 2, 2015 6:25 PM BST
TRD.Racing 02 Jul 15 15:54 
Hunty Do you think you could make the game pay pre race

be very hard...have to dedicate loads of time watching every race and making notes..then you still have to overcome many many obstacles.
Report tons of sobs July 2, 2015 6:38 PM BST
GREENDOG.
Date Joined:    22 Sep 01
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02 Jul 15 14:07 Joined: 22 Sep 01 | Topic/replies: 15 | Blogger: GREENDOG.'s blog
Perhaps they should move the finish of all races back one furlong or one obstacle
Laugh      Laugh        Laugh     Laugh       Laugh      Laugh
Report Rollo Tomasi July 2, 2015 6:43 PM BST
Fair = too much infrastructure and too many staff = less profit from only commission churn

What we have now = more manageable exchange and cream off money via Premium Charge and cross matching bot.

The number of Premium Charge payers is completely irrelevant. If each 1 won as much money as 100 did before, Betfair would not get less protection money. The final Premium Charge player standing can still channel Betfair's cut.

Customers are now directed to the Sportsbook by default... hope this helps...
Report use2begudear July 2, 2015 6:56 PM BST
If suspended half furlong out then 75% of track players would go bust imo Laugh
Report PeteTheBloke July 2, 2015 7:00 PM BST
What's the point moaning that some people have loaded dice? You know they have loaded dice so
don't play against them.
Report roida July 2, 2015 7:11 PM BST
Report kublai July 2, 2015 11:15 PM BST
Rollos post of 1720 is exactly the correct analogy. Instead of solving the problem of users with tech and location advantages BF have decided to take a cut for themselves instead
Report Rollo Tomasi July 3, 2015 3:05 PM BST
kublai,
Betfair's position is also summed up by them putting money and staff into a Premium Charge Evasion Team. They aren't bothered that some exchange users have an advantage, as long as they get their cut of the "dirty" money!
Report gubbedbaird July 3, 2015 3:27 PM BST
If I backed a Horse and put up to lay back at 1.13 1.01 etc I want to get matched, I don't care if there's an edge for the guy who matches me. Sometimes they don't win.
Report fghhgeergt July 3, 2015 3:31 PM BST
i would leave the markets open until the horses have weighed in.........at least then on slower pics you have a chance to react to the chance of a stewards
Report TheFear July 3, 2015 3:34 PM BST
gubbedbaird it's understandable people who put in short price lays would be against it and im not claiming it's a great idea - but I do think a little innovation from Betfair wouldn't go amiss. And horses would still go short, just your Newton Abbot track player today would have to decide if he wanted to take 1.1 before the final hurdle, not after.
Report Rollo Tomasi July 3, 2015 4:02 PM BST
TheFear,
Do you have a ledge sticking out under your eyes, that prevents you from seeing what's under your nose?

Betfair get up to 60% from a punter with an advantage.
Report pablo-fanque July 3, 2015 4:02 PM BST
all they have to do is send the pictures from the course straight to the home users via fibre optic broadband and enable them to use full screen if they want.

if the delay was below 0.2 seconds it would probably not be worth while the additional cost for players to hire boxes on course etc .

I am not sure if betfair want a level playing field , because if everyone was playing off the same speed pics , I think far more would be matched near the end of races
Report pablo-fanque July 3, 2015 4:03 PM BST
I am not sure if betfair want a level playing field or not
Report TheFear July 3, 2015 4:53 PM BST
Who knows if they even discuss these things? If RUK can be 1 second behind live how much ££££ required for ATR to do the same?

Rollo, I understand your point but I don't believe the issue is as black and white as you are suggesting. For example, a major faller layer on here apparently doesn't pay PC because his account was a massive loser pre-PC.
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