Tips for Tikay

[Bad Beat]

 I really don't mind the fact that bookmakers have a palpable error rule. Clearly they couldn't run a business without one. Staff would forever be "accidentally" writing/inputting 100/1 and cleaning up before splitting the money with the punter (their accomplice).

 I do hate it when they try to get out of ricks by using this rule.

 In last year's Oscars I had a bet in a Ladbrokes shop at 12/1. The prices were completely different to those online, which is obv common these days. If you took the prices on the selections that were bigger they voided as a palpable error. The online price in this case was 8/1. Hardly "palpable".

 Corals are simply offering Betfair with a massive overound. I would be pretty happy to offer better than Corals to £10k on all bets at Cheltenham win-only. They won't be doing this until the Pricewise moves have happened. Wouldn't take £25 ew off me in several shops at Cheltenham last year. I did make a video a few months ago of me asking for £15 each-way a 5/4 shot. They told me it was £12.50 each-way maximum (I knew £25 to any customer was the rule, I was trying to make them look stupid). They told me the reason was that "people are going around having bets on this race". (actually people were just me).

 *This was ante-post on the Betfair Chase (Fred bet The Giant Bolster).

[tikay]

I really don't mind the fact that bookmakers have a palpable error rule. Clearly they couldn't run a business without one. Staff would forever be "accidentally" writing/inputting 100/1 and cleaning up before splitting the money with the punter (their accomplice).

 I do hate it when they try to get out of ricks by using this rule.

 In last year's Oscars I had a bet in a Ladbrokes shop at 12/1. The prices were completely different to those online, which is obv common these days. If you took the prices on the selections that were bigger they voided as a palpable error. The online price in this case was 8/1. Hardly "palpable".

 Corals are simply offering Betfair with a massive overound. I would be pretty happy to offer better than Corals to £10k on all bets at Cheltenham win-only. They won't be doing this until the Pricewise moves have happened. Wouldn't take £25 ew off me in several shops at Cheltenham last year. I did make a video a few months ago of me asking for £15 each-way a 5/4 shot. They told me it was £12.50 each-way maximum (I knew £25 to any customer was the rule, I was trying to make them look stupid). They told me the reason was that "people are going around having bets on this race". (actually people were just me).

 *This was ante-post on the Betfair Chase (Fred bet The Giant Bolster).

Absolutely disgraceful. 

[Tal]

Could you imagine the pound shops saying there's a £5 maximum per customer as people are walking to other pound shops and buying in bulk?

If you as a bookie price something up correctly, making 5p in the pound or whatever, the more you take, the more you make.

Am I under-thinking this?

[AlunB]

Could you imagine the pound shops saying there's a £5 maximum per customer as people are walking to other pound shops and buying in bulk?

If you as a bookie price something up correctly, making 5p in the pound or whatever, the more you take, the more you make.

Am I under-thinking this?

We don't live in a perfectly balanced world (you might have noticed). If we did you would be spot on.

[Tal]

Dean Saunders wants his players to take the piano off their backs and express themselves.


No monkeys in Wolverhampton. All in Dudley Zoo, obv.

[Tal]

Could you imagine the pound shops saying there's a £5 maximum per customer as people are walking to other pound shops and buying in bulk?

If you as a bookie price something up correctly, making 5p in the pound or whatever, the more you take, the more you make.

Am I under-thinking this?

We don't live in a perfectly balanced world (you might have noticed). If we did you would be spot on.

I have. I used to read Inside Edge every month

[Bad Beat]

 Obviously in that race - the more each-way bets you took, (1,2,3 a fifth when there looked like being 5 runners), then the more you would lose. If I was in their racing room and had responsibility for bet acceptance I might think "I wonder what is going on". I would perhaps look at Oddschecker where many firms were 1,2 and look at Betfair and see that some of the 14/1 shots were 150/1 and change to 1/4 1,2 rather than just make the job of my staff even more impossible by insisting that a man asing for £15 e/w at 5/4 should get £12.50 each-way.

 The problem is they have many incompetent staff and nobody is ever rewarded for showing initiative or making a decision, just penalised should it go wrong.

[AlunB]

Could you imagine the pound shops saying there's a £5 maximum per customer as people are walking to other pound shops and buying in bulk?

If you as a bookie price something up correctly, making 5p in the pound or whatever, the more you take, the more you make.

Am I under-thinking this?

We don't live in a perfectly balanced world (you might have noticed). If we did you would be spot on.

I have. I used to read Inside Edge every month

I presume that's a dig. Luckily I'm too stupid to understand it

[Bad Beat]

btw - I defintely don't think I have the right to get on. I just think a large company should show the customer some respect and I wonder about the inconsistencies of the decisions. I would like the bookmakers to make money, they could afford to lay bigger bets then. I would never buy shares in any of the big bookies in the UK or the exchanges. Almost to a man they are run by morons.

[Bad Beat]

 Pretty sure the Pound Shop would restrict you if you tried to fill three trolleys with just their loss-leader of the day and that would be Ok in my book.

 I'm sure if Marks and Spencers ran TV and print ads offering items in their sale and then when you got to the shop nobody had been allowed to buy the items and the prices were higher then the ASA would be all over them.

 It's only because very few people understand the practices of the gambling industry that bookmakers are allowed to get away with this stuff. Look how David Williams was allowed on the Morning Line to say they had a no-catch offer in last year's St Ledger. Money back if the favourite loses, if you back it and it gets beat just walk into a Ladbrokes shop and get your money back with no quibble. It turned out to be as a free bet with t & cs that would take me twenty minutes to type here.

  got away with a mild rebuke for allowing that.

 Total disdain for the customer.

[AlunB]

btw - I defintely don't think I have the right to get on. I just think a large company should show the customer some respect and I wonder about the inconsistencies of the decisions. I would like the bookmakers to make money, they could afford to lay bigger bets then. I would never buy shares in any of the big bookies in the UK or the exchanges. Almost to a man they are run by morons.

I don't think I've ever heard you complain about anything that didn't seem out of line and you pick your battles with intelligence and care. You understand the game. I only get irritated by people wildly railing against bookies/fish/casinos that they won't willingly just give them money. If that was the case then none of these things would exist in the first place. I do 100% agree that on occasion parts of the industry act in a way that is not in anyone's best interest.

[Tal]

Could you imagine the pound shops saying there's a £5 maximum per customer as people are walking to other pound shops and buying in bulk?

If you as a bookie price something up correctly, making 5p in the pound or whatever, the more you take, the more you make.

Am I under-thinking this?

We don't live in a perfectly balanced world (you might have noticed). If we did you would be spot on.

I have. I used to read Inside Edge every month

I presume that's a dig. Luckily I'm too stupid to understand it

Really wasn't. You commented you used to edit it and I really did enjoy reading it.

If I want to insult someone, I'll make sure they know they've been insulted

[AlunB]

Pretty sure the Pound Shop would restrict you if you tried to fill three trolleys with just their loss-leader of the day and that would be Ok in my book.

 I'm sure if Marks and Spencers ran TV and print ads offering items in their sale and then when you got to the shop nobody had been allowed to buy the items and the prices were higher then the ASA would be all over them.

 It's only because very few people understand the practices of the gambling industry that bookmakers are allowed to get away with this stuff. Look how David Williams was allowed on the Morning Line to say they had a no-catch offer in last year's St Ledger. Money back if the favourite loses, if you back it and it gets beat just walk into a Ladbrokes shop and get your money back with no quibble. It turned out to be as a free bet with t & cs that would take me twenty minutes to type here.

  got away with a mild rebuke for allowing that.

 Total disdain for the customer.

I sat in on a gambling regulator's conference once where the Spanish guy who was new to all this spoke in utter disbelief at the disingenuous nature of some of the online gambling promos and how he wanted to put a stop to it. I personally would love to see that happen. It's also fair to say that those companies who do bonuses/free bets and so on well are those that are doing the best now for the most part.

[AlunB]

Could you imagine the pound shops saying there's a £5 maximum per customer as people are walking to other pound shops and buying in bulk?

If you as a bookie price something up correctly, making 5p in the pound or whatever, the more you take, the more you make.

Am I under-thinking this?

We don't live in a perfectly balanced world (you might have noticed). If we did you would be spot on.

I have. I used to read Inside Edge every month

I presume that's a dig. Luckily I'm too stupid to understand it

Really wasn't. You commented you used to edit it and I really did enjoy reading it.

If I want to insult someone, I'll make sure they know they've been insulted

Sorry! As the editor of IE, I was used to being insulted so I just assumed. To be fair I deserved a fair chunk of it. Well sort of. We did once tip up a dead horse.

Glad you enjoyed it. I loved working on it and would do it again in a heartbeat.

[doubleup]

ii) In all cases, in the first instance the pre-event bet containing the palpable error will be made void, as we understand customers may wish to reinstate these bets at the correct price we will contact the customer via email and offer a bet at the correct price. The offer to reinstate will be subject to a deadline after which the bet cannot be reinstated and the cancellation cannot be reversed.

At least they can't freeroll, if they have to send an email before the event.  

I actually don't see anything wrong with the palp rule as it has a sound basis in law (a shop doesn't have to sell you a mis-priced item at the advertised price).  Obviously there is a danger that the rule is used to escape liability for an error of judgement, but not sure there is much evidence bookies are doing this (BBs example aside).