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How much longer can in-running Horse racing continue ?

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Replies: 274
By:
sparrow
When: 09 Aug 21 14:43
I would imagine almost all racing markets are down, ballyregan.
By:
DOUBLED
When: 09 Aug 21 14:53
sparrow09
As long as betfair make their commission it will continue

Fairly random statement sparrow !! What if the commission does not cover the operating costs of the exchange ?
By:
sparrow
When: 09 Aug 21 14:57
Then it won't continue will it.
Which is fairly obvious I would have thought.
By:
duffy
When: 09 Aug 21 14:59
Maybe if they become bothered by it they will address the picture delays.
By:
DOUBLED
When: 09 Aug 21 15:05
As I said Sparrow a random statement !! You need to sustitute "their" with "enough" ...fairly obvious I would have thought Wink
By:
dustybin
When: 09 Aug 21 15:30
They have already made up their minds, they have said as good as much in the latest 'Q+A'
They have convinced themselves there is no reason for new investment in IR.
The idea that they'd now break a habit of a lifetime and start throwing money at the picture issue is fanciful; the only rights issues they will be involved with is in American Sport.

Given that this place has been on a slow bleed for years they'd have to double down investment to convince everyone to come back...why when there's a new boy in town in the guise of a tried and tested product of exchange-hybrid 'fantasy sports'?
By:
swiftynifty
When: 09 Aug 21 15:35
ballyregan , if matched bet turnover is down yet scalping bot use is up, then BF's IR profits must be well down yet they do nothing to reverse it.
By:
dustybin
When: 09 Aug 21 15:40
Playing out time
Not like they are paying many wages
By:
Brian
When: 09 Aug 21 15:50
There is only one thing that will make Betfair improve which is that one of the younger exchanges start growing at a substantial rate. Flutter are happy if Betfair decrease in size as long they remain the dominant force and are therefore reducing the overall exchange business with traditional bookmakers benefitting.
By:
sparrow
When: 09 Aug 21 15:55
The problem remains the same in that the majority prefer to bet with bookmakers for some strange reason.
By:
thurnscoe thunder
When: 09 Aug 21 16:02
Not always true Sparrow, i would prefer to bet on here but Premium Charge makes it impossible to use anymore. My non inrunning betting has to move to **** or bookmakers
By:
thurnscoe thunder
When: 09 Aug 21 16:03
Im pretty sure im not alone, virtually every winning account paying charges is forced off the exchange unless playing inrunning where alternatives practically dont exist
By:
swiftynifty
When: 09 Aug 21 16:08
tt, that's the bit I just can't fathom that BF haven't addressed. No-one on PC can bet here pre-race so they lose all of that business.
By:
sparrow
When: 09 Aug 21 16:13
I understand that thurnscoe but you are in a very small minority.
By:
swiftynifty
When: 09 Aug 21 16:16
Not saying it's that easy but they have the technology, they know exact off times, they could differentiate bt a pre-race and IR bet and charge comm accordingly. Must be missing something.
By:
thurnscoe thunder
When: 09 Aug 21 16:35
The Premium charge now needs a major rethink for me.
I fully accept playing inrunning only and taking too much money from the exchange was and maybe still is an issue for Betfair, and i understand the reasoning from Betfair when it was introduced to make some users pay the extra.
Im not convinced that the explanation of where the money was supposed to go is where it actually goes anymore, im pretty sure the investment into getting new blood especially in running on the racing where the premium charge is being taken is happening anymore, im sure we all believe that its just a lump sum for the income column.

Im one of quite a few stuck between a rock and a hard place now, and Betfair itself is incapable in its current guise to cut me any slack, they are slowly strangling users from the exchange and im not sure whether they realise it or care.
I can only play in running on here as Premium charge means i cant bet.
Betfair will tell me i need to bet on other markets and win and lose at a big rate in order to hit 40% commission in order that i dont pay Premium Charge.
Now to set off with i wont because i was what they were initially after someone technically with a 'sharp mind' who they marketed and welcomed because i didnt want to be ripped off at traditional bookmakers.
Then even if Premium charge is disbanded and i can bet at better odds, wheres my incentive to do so, when i know an email may well be coming regarding deposits or account controls etc if i have the big swings in my betting.
Do i want to send my financial documentation in, do i hope Betfair make allowances for being a long standing customer, etc
Premium Charge should now be scraped or altered to try and find incentives that people use this site for all their betting.
The ridiculous £250k limit for 40%, which should imo increase by 25k each year your on here to let you win so much before you pay each year.
Betfair had been going approx 10 years when they imposed that limit so 25k a year.
I had never paid Premium Charge until that point in the few years they introduced it as i was always around 28-33% lifetime commission, so never fell into the Premium Charge of 20%, but overnight it stopped my general betting on here dead

I also believe that they were happy for people to walk away and leave as a few i know did or tried to do, as the reasoning was someone else will step up and take your place.
Im not sure thats true anymore.
If the 1000 layers are hit, and need to deposit but are told the documentation is needed to verify account finances etc, and it freezes them out, wheres the next generation of extreme price layers going to come from, its the same for the 1.01 backers.
The people on here arent going to step in and take their place anytime soon.
At the minute its leave larger amounts in Betfair or suffer.
You cant withdraw, withdraw, withdraw, then deposit a large amount without consequences of fearing the emails.

Just looking at market liquidity today, im baffled by the hierarchy that they can sit and watch the destruction of something that took so long to build up, without trying to think outside the box.

I couldnt use Betfair for the World Cup, Wimbledon, Copa America, Olympics, 100 Cricket, Grand National, Royal Ascot, NFL, etc is this really what the company still desires for the exchange, do they still believe in new blood appearing rather than see what long term users can bring ???

Sorry if it doesnt flow too well, rant over lol
By:
dustybin
When: 09 Aug 21 16:43
The very idea that some won egregious amounts based on an advantage that they themselves wouldnt address is no longer true either.
If people win they earn it now, the markets have never been so fair so why such an artificial tax to compensate?
By:
dustybin
When: 09 Aug 21 16:46
....and while it maybe true that the PC payers are the monority, they are also the most succesful and have made the most money.
They completely cut their noses off to spite their face discouraging any of them to reinvest the capital they have made and instead to spend it with their rivals.
By:
dustybin
When: 09 Aug 21 16:46
minority
By:
sparrow
When: 09 Aug 21 16:48
I suppose the answer is that they see no incentive in increasing business on the exchange which would only hit their bookmaking profits so they will just carry on as they are.  Unfortunately the bookmakers have succeeded in retaining their dominance and the majority of punters couldn't really care too much.
By:
Rico-Dangleflaps
When: 09 Aug 21 17:50
pp are bookmakers..not interested in p to p.

the biggest embarrassment from a company of this magnitude is stopping people betting pre race.

abso mind boggling.
By:
11kv
When: 09 Aug 21 17:55
Divide and conka
By:
ballyregan
When: 09 Aug 21 18:14
sparrow you just scored a beauty on big match revisitted then
By:
Jungle
When: 09 Aug 21 18:14
There’s virtually no real money left in the in running markets now but it’s possible Betfair are making as much as they always have with premium charge and the Betfair bot being so efficient that they are still happy. All they have targeted is to take as much as possible as quickly as possible.
By:
sparrow
When: 09 Aug 21 18:43
ballyregan 09 Aug 21 17:14 
sparrow you just scored a beauty on big match revisitted then




I watched it at dinner time 2-2 with Everton and yes Pop Robson.
By:
ballyregan
When: 09 Aug 21 18:59
you scored again chelsea 2-0 luton a good day for you
By:
sparrow
When: 09 Aug 21 19:13
ballyregan......There was an incident in that game that you never see anymore when West Ham were awarded an indirect free kick inside the penalty area and just 6 yards from goal. The decision was for obstruction in the penalty area.
By:
ballyregan
When: 09 Aug 21 19:26
lots have things have changed sparrow including when swain took that player out and five elderly st johns ambulance guys wheeled out that big trolly contraption to take him off if i was that player I would have got up and walked off rather than them fellas lift me on to that thing and having a very bumpy ride off the pitch
By:
DOUBLED
When: 10 Aug 21 14:03
Aristobulus 1.55 Nottingham

£1200 takes it from 1/2 to 1/6 Laugh


1.18            £916       
1.19            £30       
1.2            £254       
1.21            £58       
1.22            £22       
1.23            £200       
1.24            £15       
1.25            £18       
1.26            £16       
1.27            £40       
1.28        £35    £181       
1.3            £38       
1.31            £4       
1.32            £119       
1.33            £320       
1.34            £97       
1.35            £79       
1.36            £4       
1.37            £10       
1.4            £66       
1.41            £44       
1.42        £6    £5       
1.44            £22       
1.45            £22       
1.46            £39       
1.47            £25       
1.48            £4       
1.49            £12       
1.5            £161
By:
ItsMeSwaddle
When: 11 Aug 21 14:02
Finnish
By:
DOUBLED
When: 03 Sep 21 16:19
tick tock ...
By:
stayinin
When: 03 Sep 21 16:44
DOUBLED
DOUBLED03 Sep 21 15:19Joined: 15 Feb 03 | Topic/replies: 1,865 | Blogger: DOUBLED's blog
tick tock ...


coming from someone who uses fast pictures why aye man Laugh

losing your touch Doubled Laugh
By:
gerard
When: 03 Sep 21 16:45
You've been on here a while, Doubled - I'm not saying things are great but when was the first time you saw someone put "tick tock" on an IR is finnish thread? I'll go 2007....
By:
DOUBLED
When: 03 Sep 21 16:50
We will see ...
By:
sparrow
When: 03 Sep 21 16:53
doubled....So why post on a pre race thread virtually the same thing?
By:
DOUBLED
When: 03 Sep 21 16:56
que veux-tu dire ?
By:
sparrow
When: 03 Sep 21 17:03
Try looking at the thread you posted on earlier today, doubled.  It was about pre-race markets.
By:
DOUBLED
When: 03 Sep 21 17:29
merci
By:
JML
When: 04 Sep 21 15:12
Not always true Sparrow, i would prefer to bet on here but Premium Charge makes it impossible to use anymore. My non inrunning betting has to move to **** or bookmakers


Why do bookmakers take your buisness? It's no secret that they normally limit winners to pennies.
By:
JML
When: 04 Sep 21 15:20
Im pretty sure im not alone, virtually every winning account paying charges is forced off the exchange unless playing inrunning where alternatives practically dont exist

Did you ever stop to think before you wrote this rubbish?

If there were no other PC payers on here I'd win over £1 million a year.
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