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Shocking prices today @ Thurles from "the worlds biggest bookmaker"
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seem to have given up in Ireland in the last couple of weeks...used to be able to get a fair bet with them but fellas knocked back to ponys in shops they've never been in before in the last month.
I've that many odds on cards I'm trying to figure out if there's any value selling them on e-bay!
I've that many odds on cards I'm trying to figure out if there's any value selling them on e-bay!
yeah they have really cut back on stakes allowed in the shops, they also are normally last to price up the uk races,
12th nov.
THE Irish division of British bookmaker Ladbrokes slumped into the red last year recording a pre-tax loss of just over €4.2 million according to accounts recently filed with the Companies Office.
While Ladbrokes openly reports Irish sales and over-the-counter betting trends in its corporate results; actual profit breakdown for Ireland is not generally included.
The latest accounts — for the 12 months to the end of last December — show that Ladbrokes Ireland’s €4.2m loss spectacularly reversed an impressive €11.67m pre-tax profit the previous year. The company — under an impairment review — charged the 2009 profit and loss account by just under €1.2m.
On an operating basis, a loss of €4.4m was recorded, down from a profit of €10.96m. Turnover for the year, at the Irish-based subsidiary, amounted to €445.2m; down from €478.6m in 2008.
Ladbrokes Ireland management said: "The decline in turnover is due to the downturn in the economy. We’ve seen an increase in slippage of 3.5%, suggesting we’ve retained our customers but they’ve revised their spending patterns in response to the recession. The decline in gross win in 2009, resulted from reduced turnover which was compounded by adverse results affecting the gross win margin."
The average stake invested per bet by customers fell from €18.21 in 2008 to €16.35 in 2009. That trend has continued on into this year. The group’s most recent quarterly results — for the three months to the end of September — showed a 9% year-on-year reduction in over-the-counter stake amounts across its 300 or so Irish shops. This, group management said, reflected "the continued weakness in the economy."
THE Irish division of British bookmaker Ladbrokes slumped into the red last year recording a pre-tax loss of just over €4.2 million according to accounts recently filed with the Companies Office.
While Ladbrokes openly reports Irish sales and over-the-counter betting trends in its corporate results; actual profit breakdown for Ireland is not generally included.
The latest accounts — for the 12 months to the end of last December — show that Ladbrokes Ireland’s €4.2m loss spectacularly reversed an impressive €11.67m pre-tax profit the previous year. The company — under an impairment review — charged the 2009 profit and loss account by just under €1.2m.
On an operating basis, a loss of €4.4m was recorded, down from a profit of €10.96m. Turnover for the year, at the Irish-based subsidiary, amounted to €445.2m; down from €478.6m in 2008.
Ladbrokes Ireland management said: "The decline in turnover is due to the downturn in the economy. We’ve seen an increase in slippage of 3.5%, suggesting we’ve retained our customers but they’ve revised their spending patterns in response to the recession. The decline in gross win in 2009, resulted from reduced turnover which was compounded by adverse results affecting the gross win margin."
The average stake invested per bet by customers fell from €18.21 in 2008 to €16.35 in 2009. That trend has continued on into this year. The group’s most recent quarterly results — for the three months to the end of September — showed a 9% year-on-year reduction in over-the-counter stake amounts across its 300 or so Irish shops. This, group management said, reflected "the continued weakness in the economy."
what is this the same lads who whenever a punter on television asks for a bet of £20,000 @ 10/1 are always accommodated 
LMFAO first two hotpots turned over,Laddbrokes wont have taken a bean at their early prices.
Imagine having JP, Magnier and co on board and they wont lay a bet...sumthing not right...they're up to something...I tell ya... up to something.
This is the same firm earlier this week
Punters have scooped around £200,000 on the engagement of Prince William and Kate Middleton after bookies were caught out by 'the biggest Royal leak in betting history'.
Fears that details of the engagement had been leaked forced bookies to suspend betting on the event just hours before a Clarence House press statement - but not before thousands of pounds had been placed on a November announcement.
Alarm bells started ringing at the betting firm Ladbrokes after three well-groomed punters entered a bookies near Sandringham Royal Estate in Norfolk on Tuesday morning and tried to place money on a November engagement.
Less than two hours later, Clarence House announced that the couple would wed next year.
William and Kate are believed to have told close relatives about the engagement at 7.30am on Tuesday.
The first punter walked into the King's Lynn Ladbrokes betting shop near Sandringham shortly after 9am.
A little over five minutes later, a second man entered the shop and tried to place a bet of the same amount. A third man who entered shortly afterwards was refused.
Ladbrokes had flagged the possibility of a pre-Christmas statement in October, and had been offering 5/1 that the announcement would come before the end of the month.
David Williams of Ladbrokes said: 'We're delighted for the couple but we've shelled out a fortune. All our shops around the Royal residences have been teeming with punters looking to back a November announcement.
'There's not much we can do apart from grit out teeth and pay out. It's obvious that people knew more about this than us.'
Punters have scooped around £200,000 on the engagement of Prince William and Kate Middleton after bookies were caught out by 'the biggest Royal leak in betting history'.
Fears that details of the engagement had been leaked forced bookies to suspend betting on the event just hours before a Clarence House press statement - but not before thousands of pounds had been placed on a November announcement.
Alarm bells started ringing at the betting firm Ladbrokes after three well-groomed punters entered a bookies near Sandringham Royal Estate in Norfolk on Tuesday morning and tried to place money on a November engagement.
Less than two hours later, Clarence House announced that the couple would wed next year.
William and Kate are believed to have told close relatives about the engagement at 7.30am on Tuesday.
The first punter walked into the King's Lynn Ladbrokes betting shop near Sandringham shortly after 9am.
A little over five minutes later, a second man entered the shop and tried to place a bet of the same amount. A third man who entered shortly afterwards was refused.
Ladbrokes had flagged the possibility of a pre-Christmas statement in October, and had been offering 5/1 that the announcement would come before the end of the month.
David Williams of Ladbrokes said: 'We're delighted for the couple but we've shelled out a fortune. All our shops around the Royal residences have been teeming with punters looking to back a November announcement.
'There's not much we can do apart from grit out teeth and pay out. It's obvious that people knew more about this than us.'
In fairness to them in greyhound betting they are better at taking bets than most
Delighted to hear about the "Royal Sting " . Could not happen to a nicer bunch .
Their shops here in the North , most of which they bought at an exhorbitant price of more than 2 million per shop , are doing little business except for an odd anomaly , and there is no atmosphere in any of them I have been in lately ( although its Pancake Tuesday nowadays as there is no value ) .
Their shops here in the North , most of which they bought at an exhorbitant price of more than 2 million per shop , are doing little business except for an odd anomaly , and there is no atmosphere in any of them I have been in lately ( although its Pancake Tuesday nowadays as there is no value ) .
They got it badly wrong yesterday with only one of the four odds-on shots winning but same again today by the looks of things,anyone wanting to back any of the Favourites @ Dundalk WONT be heading to Laddbrokes.
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