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15 Sep 21
17:47
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08 Mar 03
Robbie Wilders- Racing Post
Few regular horseracing bettors have not been affected by stake restrictions in some capacity. If you bet on the sport frequently and have never encountered issues placing a bet I would prescribe a strategy rethink.
Stake limitations are a necessary measure for bookmakers controlling liabilities and not exposing themselves to customers destined to prosper in the long term.
However, they need not disillusion punters. I have landed most of my biggest wins ante-post and although personal restrictions are prevalent for the firms I bet with, there is a trick to get around it.
Take the Richard Hughes-trained Brentford Hope, who I recently backed at a standout 100-1 for the QEII Stakes on Qipco British Champions Day in October.
The strong-travelling quirky son of Camelot can be lethal on a galloping track with juice in the ground, and with regular rider Jamie Spencer excelling on the straight course at Ascot I felt he could pick up the pieces late to hit the frame at a massive price.
I knew it would be impossible to get my full point on each-way at 100-1 in one bet slip. However, I returned to Hills a couple of days later and they laid me some more.
Eventually, over approximately ten days, I had completed my staking. I could rest easy knowing if Brentford Hope springs a major upset I will not rue only having £3.50 each-way on and will be rewarded in line with my points system.
The beauty of the wager is the increments were so trivial they perhaps flew under the radar of the firm’s traders, and Brentford Hope remains backable at three-figure odds with Hills at the time of writing. Use that information as you wish.
Value can often be found in a bet by shopping around
Value can often be found in a bet by shopping around
Mark Harvey
Exercise a modicum of patience and you will eventually get your full stake on at (hopefully) the price you seek, with bookmakers stretching their parameters as market liquidity increases.
Betfair Sportsbook and Paddy Power’s amalgamation in 2016 and gradual morphing into two almost identical platforms is also excellent news for punters.
In 99 times out of 100 their odds and place terms are in unison, with the most noticeable differential in the respective interfaces being one is gold and one is green.
Through my own experience it seems the two firms offer the chance to strike the same ante-post wager 24 hours after the first bet has been placed.
This uniform pricing approach means you can in theory speed up the staking process two-fold. I was restricted to £8.30 each-way on Aidan O’Brien’s unbeaten juvenile Luxembourg for the Royal Lodge at Newmarket this month at 12-1 with both firms, although I was theoretically able to get my cash on twice as quickly.
These examples focus on ante-post betting, but similar sentiments apply to backing horses the day before a race. It is worth returning on raceday to top up your initial stake if you have been knocked back previously.
You have to be in it to win it, though, and it never ceases to amaze me when I speak to bettors who admit to only investing with one firm.
Creating new accounts is merely a mundane administrative task. It takes little brain power and is a fundamental procedure if you strive to find value through discrepancies between bookmaker opinion.
If you solely bet online with Betfred and a horse you like is trading at 8-1 with that firm but 10-1 or bigger elsewhere, you are directly weakening your bottom line due to laziness and incomprehensible blind loyalty.
I understand a significant number of punters consider themselves casual followers of the sport and fear becoming consumed by the pursuit of churning out a profit.
However, at the very least it is worth making the effort to set up multiple accounts, keeping money in each and not resorting to placing poor-value bets.
It is not even hard work – it is smart work. If you are reading this in the knowledge you only bet with one company online I hope my words might trigger a change in philosophy.
Few regular horseracing bettors have not been affected by stake restrictions in some capacity. If you bet on the sport frequently and have never encountered issues placing a bet I would prescribe a strategy rethink.
Stake limitations are a necessary measure for bookmakers controlling liabilities and not exposing themselves to customers destined to prosper in the long term.
However, they need not disillusion punters. I have landed most of my biggest wins ante-post and although personal restrictions are prevalent for the firms I bet with, there is a trick to get around it.
Take the Richard Hughes-trained Brentford Hope, who I recently backed at a standout 100-1 for the QEII Stakes on Qipco British Champions Day in October.
The strong-travelling quirky son of Camelot can be lethal on a galloping track with juice in the ground, and with regular rider Jamie Spencer excelling on the straight course at Ascot I felt he could pick up the pieces late to hit the frame at a massive price.
I knew it would be impossible to get my full point on each-way at 100-1 in one bet slip. However, I returned to Hills a couple of days later and they laid me some more.
Eventually, over approximately ten days, I had completed my staking. I could rest easy knowing if Brentford Hope springs a major upset I will not rue only having £3.50 each-way on and will be rewarded in line with my points system.
The beauty of the wager is the increments were so trivial they perhaps flew under the radar of the firm’s traders, and Brentford Hope remains backable at three-figure odds with Hills at the time of writing. Use that information as you wish.
Value can often be found in a bet by shopping around
Value can often be found in a bet by shopping around
Mark Harvey
Exercise a modicum of patience and you will eventually get your full stake on at (hopefully) the price you seek, with bookmakers stretching their parameters as market liquidity increases.
Betfair Sportsbook and Paddy Power’s amalgamation in 2016 and gradual morphing into two almost identical platforms is also excellent news for punters.
In 99 times out of 100 their odds and place terms are in unison, with the most noticeable differential in the respective interfaces being one is gold and one is green.
Through my own experience it seems the two firms offer the chance to strike the same ante-post wager 24 hours after the first bet has been placed.
This uniform pricing approach means you can in theory speed up the staking process two-fold. I was restricted to £8.30 each-way on Aidan O’Brien’s unbeaten juvenile Luxembourg for the Royal Lodge at Newmarket this month at 12-1 with both firms, although I was theoretically able to get my cash on twice as quickly.
These examples focus on ante-post betting, but similar sentiments apply to backing horses the day before a race. It is worth returning on raceday to top up your initial stake if you have been knocked back previously.
You have to be in it to win it, though, and it never ceases to amaze me when I speak to bettors who admit to only investing with one firm.
Creating new accounts is merely a mundane administrative task. It takes little brain power and is a fundamental procedure if you strive to find value through discrepancies between bookmaker opinion.
If you solely bet online with Betfred and a horse you like is trading at 8-1 with that firm but 10-1 or bigger elsewhere, you are directly weakening your bottom line due to laziness and incomprehensible blind loyalty.
I understand a significant number of punters consider themselves casual followers of the sport and fear becoming consumed by the pursuit of churning out a profit.
However, at the very least it is worth making the effort to set up multiple accounts, keeping money in each and not resorting to placing poor-value bets.
It is not even hard work – it is smart work. If you are reading this in the knowledge you only bet with one company online I hope my words might trigger a change in philosophy.
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Replies: 70
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That's why I only bet on the exchange, no need to waste time with clown bookies.
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Gaze733 is shrewd one to watch
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This Robbie Wilders sounds shrewd. So shrewd he thinks the QEII is run on the STRAIGHT mile!!!! Thats all you need to know about him.
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£8.30 e/w at 12/1, really, why bother. More chance it doesn't run. If it runs and has halved in price then have twice on, back where you started, Ante-post is dead.
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What a prize koont.
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It's taken forty years, but finally racing journalism has finished its downhill journey, all the way from Richard Baerlein ("Now is the time to bet like men") to ... this.
And they wonder why nobody buys the paper any more. |
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it's akin to Viz ... i've been going to my local william hill to get 100 on my national fancy, so far i've been 85 times and i have managed to get £8.50 on, just another 915 visits to fit in before april.... thank you racing post
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wigs,moustaches and frocks far more effective imo
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this is about betting chav not your grinder profile
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the QEII Stks is run on the straight mile.
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elise 15 Sep 21 18:13
it's akin to Viz ........................ lmao, it is |
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Penzance, I see they have changed it from the round course to the straight mile. Used to always be on the round course. Do you know when they changed it?
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when Frankel won 2011.
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Thanks. I clearly wasn't paying attention for the last decade!
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I've read plenty of bolloxx on here, but those RP articles take the prize.
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Betfair Sportsbook and Paddy Power’s amalgamation in 2016 and gradual morphing into two almost identical platforms is also excellent news for punters.
Probably one of the worst things that happened to punters in the last 20 years. |
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After reading this article I don't know what to say or think/ Speechless
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Stake limitations are a necessary measure for bookmakers controlling liabilities and not exposing themselves to customers destined to prosper in the long term.
However, they need not disillusion punters. I have landed most of my biggest wins ante-post and although personal restrictions are prevalent for the firms I bet with, there is a trick to get around it. You couldn"t make it up. |
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did he get paid for writing that total and utter bowlarks?
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screaming has nailed it.
The journey is complete. The Rancid has sunk as low as it can go. Or has it? |
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have I read this right. took 10 days to get £3.50 e/w on?
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The problem is the RP is so beholden to to its paymasters the Bookmakers that it only scribes what seems to the novice to be a serious edge. For
those of us have been around the block a few times at this gambling lark the idea of nowadays not getting £10 each way at 12/1 ante post if presented to us 20 years ago would seem too preposterous to be true. |
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chavman 15 Sep 21 20:35
did he get paid for writing that total and utter bowlarks? ............................ Aye, the bookies had a whip round. |
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I'm not a bookmaker, nor an employee of one - but even I know that in years gone by, the high street firms made a large majority of their profits from high rollers, on phone and internet. They don't give a flying fuscia about the hoi polloi placing their little value bets, other than the fact that they don't want their trousers pulled down by the arbers, or the faces.
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bit tricky to spot the 'faces' nowadays cuz they're all wearing face nappies
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the idea of nowadays not getting £10 each way at 12/1 ante post if presented to us 20 years ago
£10 ew 20 years ago would be £17.60 ew today have I read this right. took 10 days to get £3.50 e/w on? think he's saying it took 10 days to get £17.50 ew on (£3.50 ew every 2 days ffs) so 10 days to get the equivalent of £10 ew in 2001 |
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cheers Clyde, i wouldn't get out of bed for less than £18 e/w - even at a ton to one. i mean you might hit one once in a blue moon. but you can't trade your position for any significant profit or make any life changing money if it hits. not meaningful punting of any sort and certainly not worthy of the press.
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I worked as a bookie manager in the late 80s and the permission to lay limits from memory were around £1,500. That's around £4,500 in today's money. I know times have changed, but that is a proper perspective
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bit tricky to spot the 'faces' nowadays cuz they're all wearing face nappies
evening George, been a while...very true. |
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wonder if thats his £2 @130 waiting to be matched.
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WALOFS - see if they reply.
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It's very easy when you last worked for a wage 19 years ago to forget the current real value of money. I adjust previous annual figures for inflation to give me perspective, and also to make me feel better. It always goes up!
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I know it's easy to knock the Racing Post nowadays but it really is staggering that this found it's way into print.....
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It's easy to knock the Rancid Post precisely because of this garbage - with the tripe this boy spouts and the sepia tinted look back at the past, the adverts, the 6 different tipsters each selecting something different in a 7 runner race, the bookmaker friendly agenda there is every reason to avoid it.
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Ive actually got a slightly diff stance to last night. Fair play to him for trying his best to come up with a solution to tackle our absolutely farcical bookmaking industry. Its better than bookmaker PR coming out saying weve taken 10k on this and 40k on that, YES you probably have but no doubt they are a loser and youve laid under the machine.
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How about him, as a RP writer, writing a piece highlighting "our absolutely farcical bookmaking industry" and lobbying for it to be on the front page?
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Complete and utter utter utter bar locks
Racing Post my absolute Rs Tw@ts |
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Walofs .....
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