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SP 3/1 16/5 7/2 7/2 9/2
been happenung far too often.Not comparing with here,which would be wrong,just the too big overround
been happenung far too often.Not comparing with here,which would be wrong,just the too big overround
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Replies: 23
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Why even complain. Just back on betfair surely. Bookmakers are only there for matched betting till you are gubbed
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Its traditional to bet with the jolly old bookmaker innit
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Good thread .
All on course and off course should continue be be called out until they stop scamming the public |
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Do they still have their own Tote version which pays 10% below the bookies odds? Like the one at Chester.
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It isn't necessary to bet to 2% or more per runner.There should be an enquiry as it appears that the margins hav e increased since using the off course system as opposed to the sample from the "ring".
This has hapoened a lot over the last few months.The fact that prices are always bigger on here(except for special offers etc.) is not relevant.. |
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Unbiased what would you like/expect them to bet to? Go to any horse track, now or 2 years ago and no bookie would have better prices than that on their board. If you pushed them all out just one show, they are betting to nothing !
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A sensible % .Simple!
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So give me a number. 5 runner horse race as in the example you gave what would you consider sensible ?
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All North tracks ive been to the books are betting to 115+
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We all despise bookies but there's nothing wrong with those 5 prices percentage wise. Guts of 110% for 5 runners.
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Swaddle how can it be a "good thread" lol. It is the complete opposite, utter nonsense. Greyhounds return 128 i believe. Football around 110 i am guessing.
Calls for an enquiry wtf ? And they should be called out for "scamming the public" pmsl. Go back as far as you like even when there was fortunes being laid at tracks, you would not have beaten those prices. Ps i am not a bookie ! |
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The thread is giving people a reminder not to be drawn into 115% when 102% - a tick or two is readily available.
Scamming is the wrong word actually your right, poor value is a much more accurate description. |
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The % per runner is irrelevant. It's the overall overround that determines the value. A 5-runner field at 10% (2% per runner) offers considerably better value than a 50-runner field at 25% (0.5% per runner).
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Jack, the over round per runner is irrelevant ? Its completely relevant. On your theory you are better off having a bet in a 2 horse race where they are 4/6 each, than the aforementioned 50 runner race where they are betting to 125 !
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Correct, if you put £60 on both runners in the 2 runner race @ 4/6 your return would be £100 giving an overround of 120%. If you put £2.40 on each of the runners in the 50 runner race your return would be £96 giving an overround of 125%. I am assuming that every horse in the 50 runnner race is the same price. Sorry, that is just how the maths works. If you think about it a 0.5% per runner in a 1000 horse field would give an overround of 500%.
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I don't understand why people complain about prices from bookmakers when they are no longer bound to use them.
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Jackdaw what you are saying is only relevant to a bookmaker. He would rather bet to 125 in the horse race if he could lay all the runners. Obv this doesn't happen. However from a punters perspective it is most definitely about the over round per runner.
If all parties had the same chance, would you a/ rather take 40/1 in a 50 runner race or b/ 4/6 in a 2 runner race. And no need to say sorry ! |
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Well first of all you would be taking 39/1 not 40/1 and secondly I know which of the two of us would be the first in the workhouse! Without falling out (and these sorts of debates are better than many on the forum) I can't agree with you on the per runner %. I think it is an illusion of value. Bookmakers make more money from high overrounds on big fields than high per runner overrounds on small fields.
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Simple sparrow, the unsuspecting betting public are being ripped off.
8/1 v 13.0 BF isnt acceptable that first race either. Ive taken enough samples from industry and on course SP and they are both really poor, the course SP youd of got 9/1 there like but still not great, something should be done. |
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the 'unsuspecting public' are also getting ripped off by £40-£60 admission prices and £2.40 for a can of drink. Bookies prices pale into insignificance in comparison. Perhaps something should be done about this also?
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Absolutely right, dominuet. Apparently courses all over the world are far cheaper than going racing in this country.
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There is a lot of poor practices on a racecourse imo, id love to have a "game" left in 20 or so years and I dont think the way to do this is to shaft punters with 130% books, whether thats industry or course.
£40-60 is really poor practice but you pay that to get into York...can you pay £20-40 somewhere else to get into the same bit of York? No. Can you bet a 8/1 shot with the books when you can get exactly the same product elsewhere that will return 12/1 minus comm? Yes. People are talking with their feet, we need change. If you are going to nick a bit of profit via over-round I would say the best way to do it is to take it steadily rather than rob the public blind, but thats my opinion. |
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Jackdaw. How can you not see that there is FAR greater difference in the price 4/6 to evs than 39/1 to 49/1 ?
Would you rather take 1000/1 about a 500/1 chance than the 4/6 example as well lol ? |