U.S. Horse Racing
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Nothing on here or elsewhere
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Replies: 25
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Well, Fairplex is in California, isn't it?
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Might be on B**maker.ag. Calder/Del Mar/Golden Gate are on there ....
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??? it closed down didnt it?
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It's alive and kicking - it's now at b**maker.ag - not at ...com anymore ... has almost every track - no premium charges ....
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Not a lot happening at that site. $66 matched race 6 Fairplex with a 1/5 shot in the race.
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At least bets don't get cancelled 10 seconds before they leave the gate like what happens at the purple place. Odds available are reasonable. OK for the $20 - $50 bettor. Not really suited for trading though. Nice that they offer most tracks.
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There has been a huge increase in liquidity on the purple this week , things are looking on the up .
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Also a relief not to have to pay any PC.
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Both sites are rubbish. Purple's liquidity is a fraction of what it is on here rendering it impossible for the serious punter and the other site is a complete joke. I doubt the £20 to £50 punter has to worry about paying PCs. For successful punters the choice is simple, it's either trading on here and paying insane PCs or wagering on tote with it's exorbitant take outs. Choose your poison.
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Lots of races on purple trading in excess of 15 k now
More than enough liquidity for me. |
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Interesting post from you jas. I recall not long ago you were one of the lead complainers on the forum about liquidity being dire when markets on here were routinely trading several multiples higher than £15K. It seems like you discovered a way to have your cake and eat it too.
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Of course I would rather have greater than 15 K liquidity in all markets ,
But given the choice of 30 k + liquidity less 40% PC charge or 15 K and no PC charge its a no brainer . |
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I asked purple to add it, are they under the same pressures as Betfair from California?
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And what about the best upcoming Oak Tree meet?
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Fair enough jas. Evidently however you and about 90pc of all punters trading the US markets just stopped trading and posting on here because you don't want to pay the 40pc PCs. An amazing stat that one, the proportion of PCs punters trading the US markets compared to the UK markets; yet liquidity remains for the most part the same. Either a lot of new punters have joined of late that we don't know about - in the middle of the biggest recessionary crisis facing us since the 70s - making up the difference, or some old chaps are still on here trading in stealth mode. I've been around the block a few times to be able to draw my own conclusions as to which of the two possibilities is more likely. Good luck trading on Purple.
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"I doubt the £20 to £50 punter has to worry about paying PCs."
Paying PC has nothing to do with how much you bet (check out the rules) .... I bet an avg. of $50 CDN per race and have paid thousands in premium charges so far and soon will reach the 40% level if I continue. Obviously makes sense to look for other options. So far purple place and B**maker satisfies my needs in most cases. There is no doubt that Betfair is the best betting exchange for US Racing if you don't have to worry about PC's.... Also, since supposedly only so few people have to pay any charges you would think that liquidity here should not be greatly affected if these people bet elsewhere right ? Liquidity on purple place has dramatically improved recently - wonder why ? |
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I apologize for offending you angeleyes. I'll be sure to include you in the long list of PCs punters who have been trading and posting on here and now seem to have migrated to Purple because they don't want to pay the 40pc PCs. This long list evidently includes just about everyone now days. I'm in M&A however and my as a result of my work I developed a nasty habit of asking questions and probing further when something seems amiss. If you are successful enough to have payed "thousands in premium charges" by trading an average of $50 per race, why didn't you double, triple or even quadruple your average bet for more profits? The liquidity on Betfair is certainly there to absorb a $200 trade. Sometimes I think posters on here would be better served if they re-read their posts before clicking the submit button and making fools of themselves. You are one of them.
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I bet anywhere from $10 to $500 a race depending on liquidity etc...
You sound like someone else I know on here. Start paying the charges so we can add you to the list. |
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Re-read the last two sentences of my last post enough times until you get your head wrapped around them. Hilarious that the same posters who claim PCs punter status don't even know basic arithmetic.
"I bet anywhere from $10 to $500 a race depending on liquidity etc..." "I bet an avg. of $50 CDN per race" Do you see the problem here? Which one of your two statements best describes your betting level? Know this, losers don't up their bets, winners always do. |
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Here's your assignment for this evening because I'm signing off. How many $10 trades does it take after a $500 trade to average $50. I'll give you the answer tomorrow.
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I thought I would check this morning but never mind, my last post late last night was tongue-in-cheek anyhow. The point I was trying to make is that the range of $10 to $500 doesn't define your "size" as a punter, your average bet of $50 does. I can't fathom anyone being successful enough to reach PCs level with a $50 average not being able to figure out that earned profits can grow multiples of what they are accustomed to simply by raising their relatively small in my opinion average trade. I also can't fathom any PCs punter trading $10 at a time on what by definition (based on the range you posted) is an awful lot of times but that's a debate for a different time. Don't get me wrong, I have no problem with anyone claiming PCs status, I have a problem with everyone claiming it. Betfair's statistics on this elite group of punters seem to validate my reticence, unless stats from the US markets are a fifteen sigma aberration. I'll leave it up to each one's common sense and personal judgement to draw their own conclusions. As for me, I don't believe in fifteen sigma events happening at one sigma frequency. Good luck trading on Purple.
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Do you know what average means ??? Obviously not !!!!
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What happens when someone trades and sits in a total green position ? I have done that many times .... ie. can't lose right ??? For averaging purposes I consider that as a zero. Meet me at Woodbine one day I'll teach you ....
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Another post by you that makes me go hmmmm!!!!! Evidently you discovered a way to try to justify the nonsense you posted. The thing is I stopped listening and giving you the benefit of the doubt when you posted that $10 trade thing (what is that about £6 now days???). Where I live that doesn't buy you a double latte at Starbucks. As for meeting me at Woodbine, I'll keep it in mind when I visit someday. The teaching me thing I suppose was strictly to add some humour to your post. Nice try.
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How are things in Hogtown?
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