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bin bagged
08 Jan 25 10:34
Joined:
Date Joined: 05 Feb 03
| Topic/replies: 508 | Blogger: bin bagged's blog
And the money will go into the pool. Not sure how that's going to work and what the stake restrictions will be.
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Report bin bagged January 9, 2025 12:34 PM GMT
Report swiftynifty January 9, 2025 12:38 PM GMT
good innovation, will obviously have limits and in small pools will cause price collapses. Has this already started?
Report bin bagged January 9, 2025 12:40 PM GMT
No, not yet. They're putting the feelers out.
Report Regbutler January 9, 2025 12:50 PM GMT
Bin bagged, are you sure the money is going into the pool?
From that screenshot, it looks like the T0te are just giving you the option to take a fixed (lower) price
Report s.kenbo January 9, 2025 12:54 PM GMT
We’ve got a horse trading at 4/1. Would you like to take 5/2! I’m guessing that’s just an example but it doesn’t look very tempting.
Report swiftynifty January 9, 2025 12:56 PM GMT
s.kenbo, the question is will the 'lock in' price ever be higher than the current bookie price or exchange price? I think we know the answer.
Report s.kenbo January 9, 2025 1:00 PM GMT
No. You may beat SP every once in a while if any horse is punted and you’ve locked in early. You’d probably still have beat that price with any books at the time though.
Report Regbutler January 9, 2025 1:29 PM GMT
Should have added earlier... That looks like they are offering you a price that they will stand themselves... Not bad for them, as it looks like they're offering way under what is available elsewhere. May attract some on course casual punters.

Otherwise, if it's going into the pool somehow, it smacks of more of their "secret" seeding shenanigans. Can't they just carry on making enough already?
Report bin bagged January 9, 2025 2:25 PM GMT
Reg 100% they clarified the money will go in the pool and they are not becoming a bookmaker. (even though they have a sportsbook albeit with no racing offering)
Report Regbutler January 9, 2025 2:33 PM GMT
OK, cheers bin bagged

I will be interested in the logistics of how that works in practice, not that the T0te are likely to say... And also what sort of dividends are returned? And will they continue to guarantee matching or bettering SP?

Where's Westberks when you need him?
Report jamee1 January 9, 2025 2:37 PM GMT
My guess is tote add it to the pool like a normal bet, but they are standing the difference between the final pool price and the fixed price available. As long as on average they beat the final pool price then that is profit for them.
Report Regbutler January 9, 2025 2:43 PM GMT
Jamee, that sounds about right

Soon get pulled if not going their way
Report Hibore January 9, 2025 2:58 PM GMT
Anyone old enough to remember the horse called Big Finish trained by Brooke Sanders (Double Dutch fame). Back in 1990 Horse was 1/10 fav at Lingfield jumps and won 30 lengths. Because it very weak market “someone” put large bets on other 4 horses which led tote win on horse to be 4/1 against.
Bookies refused to pay out for weeks but in the end were told they had to.

Just wondering if you can manipulate tote price for this ?
Report sparrow January 9, 2025 3:30 PM GMT
Where is West Berks out Tote expert advisor on this so called innovation?
Report sparrow January 9, 2025 3:33 PM GMT
*our tote
Report GLASGOWCALLING January 9, 2025 5:23 PM GMT
Where's Westberks when you need him?


   
Report sparrow January 9, 2025 5:26 PM GMT
Skid row?Laugh
Report CagliariG January 9, 2025 5:29 PM GMT
Hilarious given he is probably on a salary and not on here 24/7 like his detractors?
Report GLASGOWCALLING January 9, 2025 5:39 PM GMT
Report CagliariG January 9, 2025 5:41 PM GMT
Again, hilarious from those that are incapable of constructive comment, sure you will agree GC, like me and my compy?
Report GLASGOWCALLING January 9, 2025 5:42 PM GMT
Moving from thread to thread sniping at every post leads me to guess you either need to reduce your meds or take a glass of water between drinks.
Report CagliariG January 9, 2025 5:43 PM GMT
As already stated, you are incapable of anything constructive!!
Report top2rated January 9, 2025 5:45 PM GMT
BREAKING NEWS - SKY SPORTS NEWS POLL RESULTS.....

Report GLASGOWCALLING January 9, 2025 5:47 PM GMT
..... Surely not, this from the person who is totally against Multiple usernames. !!! LaughGrin
Report CagliariG January 9, 2025 5:48 PM GMT
No surprise when anything constructive is challenged, my grandson aged 11 assures me it is a lack of intellect and a craving for attention that prompts cartoon responses!! HTH
Report CagliariG January 9, 2025 5:50 PM GMT
Are YOU one user name GC as you always claim? I am but happy for a decent bet from you?
Report s.kenbo January 9, 2025 6:15 PM GMT
I’m just surprised there was 11% voted elsewhere!
Report GLASGOWCALLING January 9, 2025 6:19 PM GMT
YOU prove otherwise Numbnuts, if proved correct I will willingly donate 5k to a charity of your choice.
Report CagliariG January 9, 2025 6:21 PM GMT
Ok GC, no worries about meting up with you then?
Report GLASGOWCALLING January 9, 2025 6:23 PM GMT
What has meeting me  got to do with you proving I have more than one username, nice deflection but a poor attempt just the same.
Report CagliariG January 9, 2025 6:26 PM GMT
Simple GC and will make sure Westberks is there at the same time, no cost to you, Chester if you prefer?
Report GLASGOWCALLING January 9, 2025 6:29 PM GMT
So from your last 2 posts I gather you have No Evidence of me being a multi username. .... Apology accepted.
Report CagliariG January 9, 2025 6:45 PM GMT
No apology and happy to meet with you and the Forum Mafia with Westberks alongside, all expenses paid for you?
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