State of the bookmaking industry

[horseplayer]

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"

waste of time

tbh coral were rarely much use to me

the fact it was a bet of £65 galls me more than anything hardly a massive liability to them

[RedFox]

Im just a rec punter a like a wee nibble on horses now and again and generally use my laddies or PP online account.

Ive recently started havin a punt on a few items in tikays fred on football, dogs and golf.

Since this ive noticed that whereas in the past my horse bets usually in the £25 win or ew category seemed to be accepted immediately now it seems to stall and take up to 4/5 times as long to be accepted.

Does this indicate that my bets are now being monitored - ive never seen anything to say it is being referred to a trader or such?

Cheers

[action man]

the firm who went 13/8 walsall and kept it probably just filtering the sharpies (conspiracy theory)

[Marky147]

Im just a rec punter a like a wee nibble on horses now and again and generally use my laddies or PP online account.

Ive recently started havin a punt on a few items in tikays fred on football, dogs and golf.

Since this ive noticed that whereas in the past my horse bets usually in the £25 win or ew category seemed to be accepted immediately now it seems to stall and take up to 4/5 times as long to be accepted.

Does this indicate that my bets are now being monitored - ive never seen anything to say it is being referred to a trader or such?

Cheers

[peejaytwo]

   
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!

Ice cream status confirmed with an invitation to the Dante meeting, champers and 4 course lunch.

[horseplayer]

just went to the local corals to try and get a early price on a horse race tommorow

fair enough they wont lay overnight in a shop (most dont) apart from saturday

however i was kindly offered a £5 free machine spin as she did not recognise me as a regular, and was kindly advised to take the price online (ironic)


the above sums up the state of the bookmaking industry

[gouty]

The problem is that there is presently an anomaly in the layers tax regimes.

Hopefully if this gambling bill passes we could get a GP tax rate of about 6% across all revenue streams rather than 15% for UK layers and zero % for offshore.

Bookies need to be profitable to lay bets. Horses and footy margins are so tight it's not worth taking any random punters on anymore so the astute operators are just biding their time waiting for tax changes and in the mean time laying their regulars.

You need to hope they don't change the stakes on the roulette machines or you will only have betfair and pinnacle left to get on with at all.

[Cf]

just went to the local corals to try and get a early price on a horse race tommorow

fair enough they wont lay overnight in a shop (most dont) apart from saturday

however i was kindly offered a £5 free machine spin as she did not recognise me as a regular, and was kindly advised to take the price online (ironic)


the above sums up the state of the bookmaking industry

High street bookmakers essentially exist these days just for those machines. There's a limit of 4 per shop hence lots of new bookies opening.

[tikay]

just went to the local corals to try and get a early price on a horse race tommorow

fair enough they wont lay overnight in a shop (most dont) apart from saturday

however i was kindly offered a £5 free machine spin as she did not recognise me as a regular, and was kindly advised to take the price online (ironic)


the above sums up the state of the bookmaking industry

High street bookmakers essentially exist these days just for those machines. There's a limit of 4 per shop hence lots of new bookies opening.

There are? Overall? I'm astonished at that, if true.

[horseplayer]

just went to the local corals to try and get a early price on a horse race tommorow

fair enough they wont lay overnight in a shop (most dont) apart from saturday

however i was kindly offered a £5 free machine spin as she did not recognise me as a regular, and was kindly advised to take the price online (ironic)


the above sums up the state of the bookmaking industry

High street bookmakers essentially exist these days just for those machines. There's a limit of 4 per shop hence lots of new bookies opening.

There are? Overall? I'm astonished at that, if true.

no idea on the national figures

but when i visited coral last night there were a new betfred and lads next door to eachother that must have gone up within the last 18 months

[Cf]

just went to the local corals to try and get a early price on a horse race tommorow

fair enough they wont lay overnight in a shop (most dont) apart from saturday

however i was kindly offered a £5 free machine spin as she did not recognise me as a regular, and was kindly advised to take the price online (ironic)


the above sums up the state of the bookmaking industry

High street bookmakers essentially exist these days just for those machines. There's a limit of 4 per shop hence lots of new bookies opening.

There are? Overall? I'm astonished at that, if true.

I think that overall yes there's an increase.

They're mostly focused around poorer areas...

[The Camel]

just went to the local corals to try and get a early price on a horse race tommorow

fair enough they wont lay overnight in a shop (most dont) apart from saturday

however i was kindly offered a £5 free machine spin as she did not recognise me as a regular, and was kindly advised to take the price online (ironic)


the above sums up the state of the bookmaking industry

High street bookmakers essentially exist these days just for those machines. There's a limit of 4 per shop hence lots of new bookies opening.

There are? Overall? I'm astonished at that, if true.

I think that overall yes there's an increase.

They're mostly focused around poorer areas...

3 new shops in Darlington have opened in the last 6 months - 1 each of Betbaldie, Hills and Ladbrokes.

The last independent shut down though

[TightEnd]

Presumably new outlets openeing is the economics of FBOT's.

Which, I think, prey on the stupid and the vulnerable. (Surely no one sensible plays FBOTs in the shops...)

[mulhuzz]

just went to the local corals to try and get a early price on a horse race tommorow

fair enough they wont lay overnight in a shop (most dont) apart from saturday

however i was kindly offered a £5 free machine spin as she did not recognise me as a regular, and was kindly advised to take the price online (ironic)


the above sums up the state of the bookmaking industry

High street bookmakers essentially exist these days just for those machines. There's a limit of 4 per shop hence lots of new bookies opening.

There are? Overall? I'm astonished at that, if true.

I think that overall yes there's an increase.

They're mostly focused around poorer areas...

absolutely insane the growth in highstreet outlets of bookies over the past 3 years or so.

[   ] recession if you're a bookie.

[Cf]

Presumably new outlets openeing is the economics of FBOT's.

Which, I think, prey on the stupid and the vulnerable. (Surely no one sensible plays FBOTs in the shops...)

FOBTs

Bookies are essentially mini casinos in the high street.