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Future very bleak for on course bookmakers.

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Replies: 176
By:
pablo-fanque
When: 30 May 20 20:15
Would you like to give odds on August 1st The Knight or any of their modelling?

would you back it if he did ?
By:
glentoby
When: 30 May 20 20:18
Give the odds?
By:
pablo-fanque
When: 30 May 20 20:35
10/99
By:
ItsMeSwaddle
When: 31 May 20 16:32

May 30, 2020 -- 2:10PM, clayfield1 wrote:


Swaddle, I see that you have shut Ribero up. Can't reply.


His response is fair enough really, noted it. It won't stop me posting my opinions on here despite his childish behaviour telling people to "ignore me" simply because he doesn't agree with what I am saying Laugh. It seems he has some sort of chip on his shoulder saying I respect this person I respect that person bla bla, I dont really care who you respect when you are advising people to ignore others Excited

Kavvie yes im just saying it as it is you are right too really times do move on...

Is this or is this not what goes on?

-Look at betfair 30 mins before race
-Put prices up on the board all under betfair
-Take a bet from punter E at 4/1
-Have it back on here at 5.7 or just balance it up against all the other prices under betfair youve offered to punter A B C or D
-If it cant quite balance, take a risk or green it up?
-Repeat the process?


And i tell you what... the guy that corrected me saying 5.7 BF price.... youd actually see a lot of 9/2 on boards, fair enough...I will keep my eyes peeled but I must be looking in all the wrong places Confused

Put it this way....if the price is 5.7, I bet we would see more boards at 7/2 than 9/2 in the ring!

By:
adge
When: 31 May 20 21:09
if the price on here was 5.7 you would see 9/2 on almost every board . that is why bookmaking on all but festivals or busy saturdays is all but impossible
i am in the north of england though
By:
hulk23
When: 31 May 20 21:19
how many still 9/2 when it goes 5.4 here ?
By:
adge
When: 31 May 20 21:25
some would be if they want to lay particularly so if 5.6 on the lay side
By:
ItsMeSwaddle
When: 31 May 20 21:41
Adge im north too, ill look out for it, its refreshing to hear.

Catterick, Newcastle, Hexham, Carlisle and Sedgefield prices are all generally rancid imo with Ripon, Thirsk, York and Beverley being a lot better.
By:
adge
When: 31 May 20 21:52
particularly midweek at ripon , thirsk , pontefract and wetherby .....york back lines and not so much beverley
i don't bet anymore at your first five . happy to accept with the level of business there can understand your rancid opinion
By:
WhiteHatJon
When: 01 Jun 20 00:00
adge, may I reply to your direct post to me yesterday please ?

Totally agree with you regarding attendances at midweek fixtures in France and also the US and Australia. However, HK is totally mobbed every Wednesday at HV, but 2 meetings a week I guess is the reason there.   

My point is that on-course bookmaking is a clearly slowly dying profession in the UK, in my opinion.

I used to love the ring, I worked in the ring for a number of years in the days of tic-tac and chalk boards, and if I was not working I would go to tracks as often as possible punting, great day out.

I have no desire for anybody of any industry to have to face the fact they may lose their jobs, but could we argue that sending our children up chimneys to sweep them clean, should be still be being practiced ?  Of course not, we have all moved on.

The exchanges killed the betting ring and it is now just a matter of time for on-course bookmakers.

Regretfully but not surprisingly, it is my view that when we start back tomorrow I have no doubt that on-course books will not be missed.

Sorry and nothing personal, but that's how I see it.
By:
sparrow
When: 01 Jun 20 08:07
Adge, surprised to hear you no longer bet at Beverley considering the large crowds they get there.
By:
democrat
When: 01 Jun 20 13:11
He is still a Beverley sparrow - part of the fixtures !!
By:
sparrow
When: 01 Jun 20 14:29
I read his earlier post wrong democrat, but thanks.
By:
adge
When: 01 Jun 20 16:06
white hat jon ...agreed things have changed on racecourses and for me not for the better but we all adapt
for example of modern pitch values though......two years ago i had the chance of buying number 3 pitch in tatts at doncaster [flat ]
i offered 85k but the seller insisted that he wanted 100k so the sale didn't happen
less than a year ago he put the pitch up for sale in an auction with a reserve of 100k and he sold it at a final price of 135k.
if on course bookmaking is finished someone has clearly come unstuck there

agreed on course books will not be missed at these early days as only 5 turned up for the 50 to 80 customers at these all weather gaffs
newmarket at the weekend and ascot next week a much different situation
By:
democrat
When: 01 Jun 20 18:12
My goodness adge Doncaster must be very good to command such purchase prices. In tapping into your local knowledge would it be possible to buy a property in the Doncaster area for anything like that sort of money ?
By:
ItsMeSwaddle
When: 01 Jun 20 18:34
Meh surely pitch location is now even more important than it previously was?

Customer profile = surely people that are unaware what or where the best price is and people that want a quick and easy process that in Doncasters case have just come out of the huge beer hall inside?
By:
adge
When: 01 Jun 20 18:35
the key fact is that six can bet on the members lawn on busy days [ 3 rails and 3 boards bookmakers ]
yes , you can buy a nice 3 to 4 bedroom detached house for 135k in doncaster
By:
glentoby
When: 01 Jun 20 18:43
Democrat,you could buy a street in Doncaster for 100k,never mind a property.WinkLaugh
By:
democrat
When: 01 Jun 20 18:44
No brainer then adge. As for the Members lawn occupation - that means a certain person who shall remain nameless gets a very good move up !!  Wink
By:
glentoby
When: 01 Jun 20 18:59
You should have a word with Dave Nevison,he loved Donny so much he introduced social distancing long before Covid,particularly when it applied to the female population.He was right when he told me that the African plains were as near as he could think of as a descriptive region to avoid at all costs.Went as far as to say Sir David Attenborough's "Sweeping across the plain in majestic herds" could not do justice to the Wildebeest population.
By:
WhiteHatJon
When: 01 Jun 20 22:10
adge,

Thank you for respectful response to my latest post, even though we clearly have different opinions.

Were I to venture into the ring some time in the future, which I think is probably unlikely, I would hope to do transactions with somebody as polite as yourself.

I wish you well in your battles ahead sir. Regards.

WHJ
By:
blueton
When: 02 Jun 20 08:00
just started reading ,,didnt get that far down so im sure its been picked up on...but a lot of tracks block betfair ,,york for 1,,
By:
adge
When: 02 Jun 20 16:19
i wish they did block all exchanges , blueton
thanks , WHJ
By:
clayfield1
When: 02 Jun 20 19:46
blue, don't think they  do no doubt someone with more trips to York than me will let us know. Used to go a lot 5 years ago, very seldom go to Doncaster these days and thats on my door step.
By:
ItsMeSwaddle
When: 02 Jun 20 20:01
In my experience its blocked in the wifi

Cant block your 4G

But the bigger meetings 4G runs terribly anyway.

Mixed opinions about them blocking it, shame they didnt block it for "bookmakers" CryLaugh
By:
mmmalushka
When: 03 Jun 20 09:27
One of the interesting aspects of the resumption at Newcastle was the sight of bookmakers behaving themselves. Well, “sight” is wrong because all the betting action occurred online but the evidence is there for all to see in the results section of Tuesday morning’s Racing Post, which shows the profit margin built into bookies’ prices on day one was kept within very respectable limits.

This matters because starting prices cannot be determined by on-course trade, the familiar, tested and mostly trusted system that has been in place for eons. The public can’t get into racecourses just now, so racecourse bookmakers are sidelined.

For the time being SPs are being contrived from the odds offered by various firms online according to some unpublished formula overseen by the Press Association. It’s a new system lacking transparency and any punter would have to be wary, which is why it’s reassuring to see over-rounds between 113% and 119% for the mostly 12-runner races at Newcastle.

So there you go betting to 1% a ruuner in h/caps to 1.5% for non h/caps seem vey fair to me.
By:
sparrow
When: 03 Jun 20 12:22
Comes to something when you pay these exhorbitant admission prices to courses and then they have the bloody cheek to block your phone.
By:
ItsMeSwaddle
When: 03 Jun 20 12:55
I will start by saying I have no complaints at all with yesterdays proceedings, the % on the high side but more than fair.

Just an idea everyone..do you like it?

Nobody seemed to like my 115% course owned tote system.

What about course owned bookmakers? All profits kept internally by the racecourses.

They know how many tickets are sold and can set up the amount of bookmaking stands accordingly.

They run 100 identical boards set to different % depending on what enclosure you are in....

So take York, the members can have a board set to 110% and the picnic end can have a board set to 115% and so on.

Prices are available for different amounts depending on the enclosure so £50 max bet picnic end at a time, £250 members etc.

All boards run by staff on min wage or nearly min wage (its not a specialist role these days)

And a revolutionary move away from CASH...

You go in and load up your funds to a cashless card or it can be done earlier from home etc

With your cashless card you can buy drinks/merch or bet with it.

At the end of the day anything left on the card can be refunded to a debit card or collected at a booth.

Guys "liking the feel of cash in your hand" is not a good reason to be ripped off...come on now.

Times move on.
By:
adge
When: 03 Jun 20 13:42
as you are assuming that the current crop of bookmakers have no skill factor in how they work and each bookmakers stand need two persons to work them how do you believe that the racecourses will also stand the losses achieved
By:
ItsMeSwaddle
When: 03 Jun 20 14:06
I was thinking more of 1 man operated because it is cashless?

Bookmaker stands with tablet, punter calls out stake and number, fed through into a central pool, you don't actually need to return to collect, its cashless?

20 on 4 .....

Tablet holder presses number 4, stake 20 pounds.

Tablet linked to ticket printer...cashless card linked to app on phone...

As for handling losses the course haven't hugely thought it through but as liabilities would be controlled centrally someone paid more would be able to work with a 115% book?

Its better than what we have at the moment anyway in places North I listed.

Places that are part of a group, i.e. ARC tracks can work to a central pot so the odd loss wouldn't be harmful and anyway, they could do what 90% of your colleagues do, have it back on here if they liked?
By:
ItsMeSwaddle
When: 03 Jun 20 14:08
As for handling losses as the course*



Edit: Didn't mention sorry im using a fairly big presumption, if you have the full racecourse population betting into one market im presuming you can get them all in the book fairly evenly.
By:
adge
When: 03 Jun 20 14:25
so lets look at the 115% figure that you suggest
one example...a horse is heavily backed at 8/1 so is reduced to 6/1..to balance the percentage another horse is extended from 6/1 out to 8/1....that's a 3% loss on the original 115%
again.....the 2/1 fav is heavily backed and shortens to 6/4..meaning that the 2nd fav goes out from 7/2 to 9/2 and a 5/1 chance goes to 6/1....that's a 7%loss.....
yes it can work but needs a good degree of skill
at present the racecourse get approx £100 per day plus staff admission from a cheap ring bookmaker and £200 plus staff admission  for a saturday meeting.[ some days are more , some less ]
so with tatts and rails being 80 or more books and the cheap being 30 or more books the racecourse income without doing anything are £20,000 on each day .

that is quite a considerable sum to turn away
By:
adge
When: 03 Jun 20 14:31
i would have much preferred loading my car at this moment looking forward to an evening at ripon than sat here btw
By:
democrat
When: 03 Jun 20 15:13
Crumbs adge making such plans would mean that you would arrive at the track in good time. Most unlike you !! Laugh
By:
jinxy
When: 03 Jun 20 17:15
Shut the exchanges down , that would help....   turning racing into a suspect sport .....
By:
sparrow
When: 03 Jun 20 18:28
Yes good idea jinxy back to the old days when it was all straight.
By:
youwillblucky
When: 03 Jun 20 21:15
It was never as bent and corrupt as it is now , lol , betting exchanges a breeding ground ....
By:
sparrow
When: 04 Jun 20 05:18
You best pack it in then, lucky.
By:
ItsMeSwaddle
When: 04 Jun 20 14:00
Poor first race overround wise at Newcastle with 114% shown.

Poor that is still beats Newcastle historic overround 118% from 2019, baffling.
By:
San Quentin
When: 08 Jun 20 21:02
The last week has taught us all the ring is finished and not required.
This thread had showed us the only people who want oncourse books are those who operate them and indeed opposed to change and improvement, hence in essence causing and indeed helping the end of what was in the past, a colourful skillful trade of oncourse bookmaking die.
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