sis offering prices IR

Interesting.  It was always going to be only a matter of time before someone started to profit from sticking GPS on to horses.  Didn't quite think it would end up being delivered in quite this way, though. 

Will take a massive sea change from the way bookies handle in-running bet placement currently to make it viable for them.

As you say, logic dictates that pics *should* be speeded up accordingly.  He even spoke about the need for minimal latency between pricing and pictures himself.

could be good news in a sense that they will have to speed up the pictures .

as the guy mentioned in the film that the prices will have to be in sync with the pictures , if the picture speeds are the same as now, the bookies will get picked off by track players or people on the track telling people what to back in the bookies via mobile phones  .

The suggestion that bookmakers would offer in running prices for the public to bet on and improve the latency of the  pictures they relay to their customers is the most laughable notion I have ever read. The same bookmakers who will do anything to avoid taking bets on anything they cannot arb or have built in guarantees of profit such as FOBTs. The prices would be derived from live data , the only way this would ever happen is if they knew they had the public at a disadvantage , speed the pictures up my ar5e. I would  bet on them slowing them down , and anyone on track who could possibly nick value would soon be banned, I reckon 2 winning bets in a row would see you on the list , but the bookies know who they are anyway cos they own the exchanges and have the data on everyone. Remember bookmakers only entertain losers and under no circumstances tolerate anyone who even threatens to win, speeding up pictures and offering prices in running, many would rip them a new one so no chance of that happening .

I think you are underestimating the potential power of the data, MST - and that will only get better as horse profiles are mapped more.

placing a bet in running via staff in a shop would be an interesting experience

£1000 on no3 at 4/7 please,

what time is it running ?

its the live race

20,40,60,80........980,1000

its 1/3, you can have £17.33 on

ah ok i'll leave it thanks

If it's not the bookies buying the data, someone else will for their own gains.

MST , a passionate reply.

we can only speculate and comment on what the SIS guy says in the video . he says that prices will be in sync with pictures and that they will be value to the punters without the bookmaker having their pants taken down .

it wouldn't take much effort for the bookies to scrape prices from here and offer them at 20%-30% lower , in conjunction with what the data they produce from the tracking devices .

they will probably close betting 1 furlong from the finish or something like that .

PF - If the data is real-time, you know exactly the speed and positioning of those fighting out the finish, plus the speeds that those horses have been able to achieve previously, why would you need to close the market so far out?

As I interpret it, Dusty, that's how SIS is talking about delivering the odds (save for your added elements! ) - through the use of an algorithm.

might be an online product though

Having not been in a betting shop in years, do they offer a full range of in-play opportunities there now?

they dont offer out-play opportunities.

This is bound to go down about as well as cold sick with the bookies imo

I think they do for tennis , football , golf , cricket .



Hmm, 5f hcp at Epsom slightly different to 72-hole golf tourney or 5-day Test match tho (imho) 

The product would be meaningless without both the appetite to put money up in a market (bookies) and those that bet could do so in a fast moving market, where all factors have been equated and cleansed right down to an efficient odd.

I've always failed to see the optimism about the potential of getting more people interested in racing.
The old timers are dying out who cared about the sport based on a limited offering from their youth and a more romantic process with which they might have felt they stood a chance. The rest of the people bothered with racing either do it as a passing interest or are those who came to it for profit based on the exchanges.
If the technology minimises still further the area to profit from misplaced perception of value then why are they even going to continue?
People are invested in other sports because they either played them at some point or supported a particular team....not many really support a horse that they couldn't recognise in a field of other horses.

I think the way "we" view betting is perhaps different to that of the general populous.  I find it difficult to comprehend, but apparently a lot of people gamble for fun without any inherent expectation of winning..!  Look at bookies' odds on any in-play event.  Saw one over the weekend in the final of the snooker where Hamilton was 1.005 with 365 and 1.03 here...  People are presumably still betting in-play with bookies on other sports.  While I don't really see why it should attract new blood to racing, I don't necessarily buy that it will be sanitised prices that will put them off!

SIS in-running is another non-starter from a deluded SIS management team. We've had to endure the Spanish football fiasco, cameras strapped to the hare at dogs, the loss of Towcester due to the pig-headed belligerence of one man and now this ill-considered nonsense. I witnessed it at The Excel yesterday at it was embarrassing. SIS full of technical types with no betting industry knowledge any more. A sad decline now irreversible.

impossible scenario unless its done with 1 click operation.

Imagine the dystopian scenario where an official calls in a jockey because the computer determined a particular horse had 'x' amount of energy left and didn't run to its computer calculated odds.
They'd be dropping like many clouds.

Not sure I follow your logic, Dusty, TBH.  Wasn't the VDV voided because the Exchange database should not have accepted the bet to begin with because the layer did not have the requisite funds in his account?

Latalomne, I seem to recall some disclaimer about palpable error.
Well if there becomes a constant with which all races are measured then all odds above that constant could be determined to be palpable errors.
What this initiative is doing is taking guess work out of the equation until such time all odds will regress to it, anything wildly above it would end up being folly and people would quickly stop offering them IMO.