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Betting Tips and Sport Discussion
State of the bookmaking industry
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Topic: State of the bookmaking industry (Read 7113 times)
BigAdz
Hero Member
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Posts: 8152
Re: State of the bookmaking industry
«
Reply #15 on:
April 29, 2013, 12:20:21 PM »
If they can call it a palp, then can I get my money back everytime I offer over the odds on betfair?
They need to grow a pair. Pathetic
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peejaytwo
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Posts: 452
Re: State of the bookmaking industry
«
Reply #16 on:
April 29, 2013, 01:13:44 PM »
This guy was boasting this morning that an associate of his had taken his 365
balance from 4k to 20k at the Punchestown festival. I've long since decided not to try to explain
that he must be a huge loser on the site. Never hear of any losers btw
Quote
I know another guy who ONLY bets with 365. Loves them to pieces as I'm sure they love him!
«
Last Edit: April 29, 2013, 10:33:18 PM by peejaytwo
»
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horseplayer
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Posts: 10601
Re: State of the bookmaking industry
«
Reply #17 on:
April 29, 2013, 10:31:22 PM »
coral account no more here after the walsall episode
wish they had palpable error the bet!
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tikay
Administrator
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Posts: I am a geek!!
Re: State of the bookmaking industry
«
Reply #18 on:
April 29, 2013, 11:13:01 PM »
Quote from: horseplayer on April 29, 2013, 10:31:22 PM
coral account no more here after the walsall episode
wish they had palpable error the bet!
Ouch. Double rub there.
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redarmi
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Posts: 5232
Re: State of the bookmaking industry
«
Reply #19 on:
April 29, 2013, 11:46:37 PM »
Quote from: tikay on April 29, 2013, 11:13:01 PM
Quote from: horseplayer on April 29, 2013, 10:31:22 PM
coral account no more here after the walsall episode
wish they had palpable error the bet!
Ouch. Double rub there.
Am I missing something here? Isn't finding a bet like Walsall what the whole game is about and I am saying this from a bookmaking perspective as well as a punting one. Everytime someone has a bet they bet into a margin in the bookies favour. That is the price of them giving us a go and to protect them. It also means that, if we don't know more than them they are getting one over on us. Normally to the tune of about 8-10%. Occasionally, like on Saturday, you will get one over on them. that is what recreational punters dream of. That one time when they got it right and got one over the auld enemy and had a touch. in the case of Walsall punters at 6/4 had like a 15% edge on the closing market. If bookmakers close accounts for that then what have the punters got to dream about?
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rfgqqabc
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Posts: 5483
Re: State of the bookmaking industry
«
Reply #20 on:
April 30, 2013, 12:12:50 AM »
Quote from: redarmi on April 29, 2013, 11:46:37 PM
Quote from: tikay on April 29, 2013, 11:13:01 PM
Quote from: horseplayer on April 29, 2013, 10:31:22 PM
coral account no more here after the walsall episode
wish they had palpable error the bet!
Ouch. Double rub there.
Am I missing something here? Isn't finding a bet like Walsall what the whole game is about and I am saying this from a bookmaking perspective as well as a punting one. Everytime someone has a bet they bet into a margin in the bookies favour. That is the price of them giving us a go and to protect them. It also means that, if we don't know more than them they are getting one over on us. Normally to the tune of about 8-10%. Occasionally, like on Saturday, you will get one over on them. that is what recreational punters dream of. That one time when they got it right and got one over the auld enemy and had a touch. in the case of Walsall punters at 6/4 had like a 15% edge on the closing market. If bookmakers close accounts for that then what have the punters got to dream about?
Running good.
Archie Karas please.
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[21:05:17] Andrew W: you wasted a non spelling mistakepost?
[21:11:08] Patrick Leonard: oll
gherkin
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Re: State of the bookmaking industry
«
Reply #21 on:
April 30, 2013, 12:27:13 AM »
Do any of the brick and mortar bookies offer odds in the shop that are remotely close to their online price? Which are the best and worst for this? I'm referring to sports like football and cricket NOT horse racing. I've pretty much resorted to Pinnacle/SBO/12Bet in the past few months as I just presumed shop prices wouldn't be of any use.
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mumblesrock
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Posts: 358
Re: State of the bookmaking industry
«
Reply #22 on:
April 30, 2013, 12:33:52 AM »
shop prices are always poor in comparison, but they do occasionally give money back bets in favour of certain results.
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The Camel
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Posts: 17523
Under my tree, being a troll.
Re: State of the bookmaking industry
«
Reply #23 on:
April 30, 2013, 12:34:17 AM »
Quote from: gherkin on April 30, 2013, 12:27:13 AM
Do any of the brick and mortar bookies offer odds in the shop that are remotely close to their online price? Which are the best and worst for this? I'm referring to sports like football and cricket NOT horse racing. I've pretty much resorted to Pinnacle/SBO/12Bet in the past few months as I just presumed shop prices wouldn't be of any use.
They bet to much bigger %s in the shops but do tend to hold the prices a lot longer esp on football.
Lets say their coupon price was 11/10 about a team who was trading 2.22-2.24 at the start of the week.
By 2pm on Saturday the machine price has contacted to 2.04-2.06 the shops will almost definitely still lay the 11/10 as long as it's not for silly stakes.
It would have to move to something like 1.95 before they change the price because they know how much punters hate coupon price changes.
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The Camel
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Under my tree, being a troll.
Re: State of the bookmaking industry
«
Reply #24 on:
April 30, 2013, 12:36:48 AM »
Last weekend for example Hills were 7/4 Athletico in the Madrid derby - a price they made before Mourhino announced he would rest a few players.
The Betfair price moved to 2.28 but Hills carried on laying the 7/4 right until kick off (I believe - I got on at 7/4 at about 4pm) to a maximum of £50 per punter.
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Congratulations to the 2012 League Champion - Stapleton Atheists
"Keith The Camel, a true champion!" - Brent Horner 30th December 2012
"I dont think you're a wanker Keith" David Nicholson 4th March 2013
maldini32
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Re: State of the bookmaking industry
«
Reply #25 on:
April 30, 2013, 12:47:11 AM »
Quote from: horseplayer on April 29, 2013, 10:31:22 PM
coral account no more here after the walsall episode
wish they had palpable error the bet!
Snap for my Laddies account.
Ridonkulous
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BigAdz
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Posts: 8152
Re: State of the bookmaking industry
«
Reply #26 on:
April 30, 2013, 08:15:52 AM »
Can't see why accounts would be closed over a bet where the info was in the general domain.
It wasn't like Crewe played their under 12s, in a mid season game that mattered, it was end of season with nothing to play for and the info wasn't as dramatic as first appeared............and Walsall lost FFS.......
Also pretty sure that prices move far more during the season in games without some "info" and accounts don't get closed
I would be asking the companies why my account was closed, cos it all seems very odd to me. I have had accounts closed on me, but never for losing.
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Matt.NFFC.
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Posts: 1025
Re: State of the bookmaking industry
«
Reply #27 on:
April 30, 2013, 08:32:59 AM »
If bookies are closing accounts after a losing bet, then, well, we are all well and truly fooked.
Worth asking for an explanation IMO.
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horseplayer
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Posts: 10601
Re: State of the bookmaking industry
«
Reply #28 on:
April 30, 2013, 11:55:19 AM »
Quote from: BigAdz on April 30, 2013, 08:15:52 AM
Can't see why accounts would be closed over a bet where the info was in the general domain.
It wasn't like Crewe played their under 12s, in a mid season game that mattered, it was end of season with nothing to play for and the info wasn't as dramatic as first appeared............and Walsall lost FFS.......
Also pretty sure that prices move far more during the season in games without some "info" and accounts don't get closed
I would be asking the companies why my account was closed, cos it all seems very odd to me. I have had accounts closed on me, but never for losing.
the information was not really in the public domain when i backed them and put them on thread
it became public domain shortly afterwards
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The Camel
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Under my tree, being a troll.
Re: State of the bookmaking industry
«
Reply #29 on:
April 30, 2013, 12:06:42 PM »
Quote from: Matt.NFFC. on April 30, 2013, 08:32:59 AM
If bookies are closing accounts after a losing bet, then, well, we are all well and truly fooked.
Worth asking for an explanation IMO.
You are literally 1,000/1 to get an explanation beyond "it's a trading decision sir and no further explanation can be given"
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Congratulations to the 2012 League Champion - Stapleton Atheists
"Keith The Camel, a true champion!" - Brent Horner 30th December 2012
"I dont think you're a wanker Keith" David Nicholson 4th March 2013
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