The British bookmaking industry is really pathetic and in a dire state!

Early markets are the problem here with people wanting to back horses several hours before the off and so marking the bookmakers cards. Ending this practice would greatly benefit the genuine punter.

monopolies are no good in any form whatsoever be careful what you wish for.

Foxy, it seems to me, it is the bookmakers who seem to have a monopoly as to when they want to "play ball" (if at all) and there ceased to be a level playing field for quite some time now.  The moment you win any amount of money of them, regardless on whether it is on a selection that might have caught them on the blind side or one that was glaringly obvious, your account is arbitarily shut down or restricted.  So what exactly is the point of them to the punter?  When has anyone ever been restricted or shutdown with a bet on the Exchanges or the Tote pool?

whistlejacket i do agree its not ideal at the moment and there seems to be no odds compilers anymore who take a view ,there is very little money on the exchanges and many place markets are a joke,regarding the tote if you think you could make it pay betting with the tote then fire away.

No point employing odds complilers when they can just take their guidance from the betfair markets and refuse a bet of any size to any punter who they think might have a clue what they are doing.

I do like on-course bookies but I now wonder about betting shops,particularly as,unlike in the old days,just about anybody can get the equivalent of a credit account online or by phone. Perhaps we should return to pre-1961 ( ? ).

^ When was the last time you went racing salmon.  Most of the on-course bookies these days are insipid and pointless.

Last August. Not as many as there used to be but I still had fun trying to get a quarter of a point better.

If you can get any online accounts then surely on course bookies are pointless.

BOG

Take early prices

Pay both first past post and amended result

Few races extra place terms

Rewards for racing points also other free bets and the like

even if shut down everywhere and betting 10 mins or so before the race better prices on here.

The old days of hunting a price is gone. As soon as the exchange moves a bit, ll boards change price instantly. All offer the same prices to.

Apart from say chelt/aintree where those near parade ing, hospitality tents etc offer miles worse.

Whistlejacket    04 Jun 18 09:40 

In my view, racing would be far better off with just the Exchanges and a Tote Monopoly.
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SPOT ON.

I tell you whats Spot on,
Going back to where bookmakers only price up a few handicaps a day and not the maidens.
Exchanges opening up at 9am on the day of the race and 8am saturday and big meetings.
On course bookmakers and punters being banned from using exchanges on course.

the tote currently competing with bookmakers take less than 2% of turnover so clearly going tote monopoly plus exchanges would close most racecourses in under ten years

even the electric automatic marker boards have spoilt the fun,no chance of bookie dropping his chalk,his wet sponge and his clerk having tocover the horses price with his hand till bookie recovers his chak,sponge, LOL,

What's everybody complaining about?
Don't you just click on to oddschecker at 4pm,log into your 365,PP and Sportsbook accounts and fill your boots with all the price ricks whilst the genius tipsters prepare their selections for round 2 of the fill up.
By around 515pm you should be full up on all the next days shorteners to 3 figure amounts just waiting for the inevitable arb attempts to come in whereby you can secure your 4 figure guaranteed profit (providing they all run) whatever the result and bask in some ego inflating glory if any win,eezy peazy and no restrictions ever.

adge - Yes - Good point.

The Australian model.

ON Course bookies - for atmosphere and accommodation of racegoers - and the day at the races experience. .

Much stronger Off course Tote - and Exchange only - that would naturally happen as easily attainable now with smartphone/internet access - instead of same method to the online sharks and weaklings currently pretending to be bookmakers.

Shops would barely be needed - as all the old style punters are disappearing, and/or switching to technology - and the new generations do everything on their phones, anyway.

Agree with all that, onlooker

How will we get our 15 horse price rick multis on

The truth of the matter is the bookmaking industry has evolved into an utterly lazy mind-set (hence the need to attract custom with gimmicks and sharp practices) - whether you blame the advent and evolution of Exchanges, FOBT’s etc. is a moot point - but there is absolutely no reason why any bookmaker shouldn't or can't take "reasonable bets" from the majority of their customers.  Considering the bookmaking industry has a tool like such as the Betting Exchanges at their disposal where it is possible to offset your risk or exposure - if you so wish to do.  The key point though, is bookmaking no longer seems to involve "having a view" but the easy, short term view appears to hold sway.  Hence bad customers relations seem to be the norm in the industry - stupid reactions such as slashing a 7/4 tip by a respected tipster the moment it goes into the public domain (any bookmaker who can’t stand a 7/4 bet or manage his book to take bets on a 7/4 shot, is NOT a bookmaker) shutting accounts if anyone wins, restricting accounts to ridiculous amounts and probably the most heinous of all, refusing or stalling to pay out winnings to customers from whom they have taken bets in good faith, simply because it transpires they happen to have lost on that occasion.

5 minutes til go time everybody got oddschecker on and accounts locked and loaded

Round 1 nearly complete bookmaking industry feel free to adjust some prices on oddschecker so arb planning can commence and geniuses can post tips thanks.

The key point though, is bookmaking no longer seems to involve "having a view" but the easy, short term view appears to hold sway.  Hence bad customers relations seem to be the norm in the industry

Bookmaking wasn't about having a view, it was about making a book with a built in overround, taking bets on that book, adjusting the odds as the money came in, then happily paying out the winners and pocketing the overround percentage profit.

Not for all bookmakers loper. My father clerked on course for many a bookmaker who took a strong view, although this was in the 1950s.

Why would any bookmaker lay a horse to an arber who is following a known seasoned tipster with years of year on year profit at advised prices. 'Certainly Sir, take my 7/4 please and have it away on Betfair if you like at 2.3 or just run with it and take a long term profit if you have a big enough float'.

Another pathetic response---why mention arbers when it's obvious no one got 7/4.

Jun 7, 2018 -- 11:21AM, pixie wrote:

Why would any bookmaker lay a horse to an arber who is following a known seasoned tipster with years of year on year profit at advised prices. 'Certainly Sir, take my 7/4 please and have it away on Betfair if you like at 2.3 or just run with it and take a long term profit if you have a big enough float'.

Why advertise prices if you have no intention of taking any bets from anyone who isn't a loser or someone in the game/celebrity?

Why advertise prices if you have no intention of taking any bets from anyone who isn't a loser or someone in the game/celebrity?

they have had no need to, they make their money with no risk, business plan revolves around their biggest earner.

90% plus of punters who have a bet, would have no idea what a restriction is and wouldnt care.

The bookmaking business stinks no matter how one looks at it.

JML, every arber in the world would love to bet a Hugh horse at advised prices as would any punter. It requires no intelligence and no effort, why would a bookmaker lay it? It makes no commercial sense, people bet them on here and the price crashes. They have to react to what's going on here as any bookmaker laying odds on anything bigger than on here is going to do their conkers in the long term.

What about people who pick their own and are not arbers who takes their bets?

There is no solution save abolishing early morning and overnight markets.

I wouldn't mind that the bookie industry was so bad, if we didn't have to be constantly bombarded with advertising for the rank industry everywhere!

you are all forgetting that its punter backing with punter on the exchange(well,thats suppose to the story)so how many of the online punters are bookmakers?

its the bookies that keep the exchanges going,take away the bookmakers and you will have a big void on the exchanges,so the next time you place a bet have a think of how is at the other end of the matched bet.