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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.
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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Replies: 51
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no
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Most of these track players are completely clueless about horseracing ...
roida will cabbage ya for that outburst of his skills ... |
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Loony idea
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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. |
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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.
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while there is an inch, people will try to take a mile
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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?? |
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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. |
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Perhaps they should move the finish of all races back one furlong or one obstacle
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A BIG NO to OP!
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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
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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  |
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I still think plenty of horses would go short and get beat even with an early suspend.
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If I did'nt have the opportunity to lay the 1.01 IR and have the occaasional success I would be bankrupt
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You sound shrood seathestars..no1
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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. |
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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? |
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told ya ..
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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. |
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Excellent idea, whilst they are at it perhaps they can suspend football matches after 85 minutes.
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it aint as easy as you think..not now...liquidity in last 3f is poor.
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when did TheFear meet you then roida ....
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I don't think it is easy but I do think it's the late money that wipes out the new blood very quickly.
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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? |
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No.
Totally the wrong answer to the problem. |
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Ummm because we all agree liquidity is dropping all the time? Don't we?
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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.
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On LV? Course you do. You beat a few hundred people watching clearer, faster pictures?
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Hunty Do you think you could make the game pay pre race
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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. |
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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. |
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Exactly, as long as the mugs keep playing the last thing Betfair want is a level playing field.
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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.
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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.
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The Fear
Not many paying PC |
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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?
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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. |
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GREENDOG.
Date Joined: 22 Sep 01 Add contact | Send message 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  |
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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... |