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SuperJez
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« Reply #1 on: August 14, 2015, 11:35:26 AM » |
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Cheers for the link, not really into the horse racing but always enjoy a NC featured podcast. Do they talk about bookies closing/restricting accounts? |
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DMorgan
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« Reply #2 on: August 14, 2015, 11:50:37 AM » |
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Yeah its more about account closures and restrictions with a horse racing slant than a horse racing podcast with an aside about account restrictions
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SuperJez
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« Reply #3 on: August 14, 2015, 12:49:34 PM » |
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Great podcast this well worth the listen thanks for the link!
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Simon Galloway
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« Reply #4 on: August 14, 2015, 01:27:57 PM » |
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"Betting firms may restrict you based on whether iesnare reports that you are taking best price from oddschecker."
Bizarre that companies will put up new customer offers ON oddschecker and then restrict you afterwards when 3rd party software reports that you use oddschecker. OFC you use oddschecker.... thats where you clicked through from to open your account!!!
If you don't want people using oddschecker to routinely take BP, don't bother letting oddschecker sign up new accounts for you?
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arbboy
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« Reply #5 on: August 14, 2015, 01:38:14 PM » |
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More importantly why bother paying fortunes, believe me it costs fortunes, to be on oddschecker. from working at Canbet in 2003 it was amazing how much it cost to even get a 'spot' on oddschecker never mind stay on oddschecker. If you don't want to compete on price and only want non price sensitive customers (which is fair enough) why spend fortunes advertising in a place which is going to bring you top priced business?
If it like being a car insurer and going on gocompare and expecting people to pay £800 to insure their car with you when other firms are offering the same product for £400. You ain't going to see much business unless you are best price.
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arbboy
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« Reply #6 on: August 14, 2015, 01:41:24 PM » |
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Tal
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« Reply #7 on: August 14, 2015, 01:42:51 PM » |
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Their fault for asking an open question, obviously. |
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"You must take your opponent into a deep, dark forest, where 2+2=5, and the path leading out is only wide enough for one"
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DMorgan
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« Reply #8 on: August 14, 2015, 01:59:10 PM » |
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I didn't listen to the last 30 minutes, they go into a twitter Q&A on basic strat, mindset stuff
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horseplayer
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« Reply #9 on: August 14, 2015, 02:33:08 PM » |
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Listened to every minute twice
Doubt there is anyone who could not learn anything from it and most people quite a lot
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arbboy
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« Reply #10 on: August 14, 2015, 03:14:52 PM » |
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This is a great listen tbf. Calvin and Channing are very on the money with their views through out this.
Channing's list of things which annoy him about lol traders is very very good and accurate. The first two i have been saying myself for 10 years. The bottom line is the standard of lol traders has never been worse. All the talent is working elsewhere as they get paid more and/or work tax free for themselves. Firms have been left with the dross. Secondly, marketing departments now have the final say over price on the trading director.
Pretty sure multi billion pound city firms don't pay their staff who make huge investment decisions £40k a year. Why do betting firms? If you want the best you have to pay for them especially when these same skilled operators can choose to work tax free against you effectively on the other side of the counter.
The betting shop manager bonus story is true as well. I have come across that as well.
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« Last Edit: August 14, 2015, 03:30:30 PM by arbboy »
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The Camel
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« Reply #11 on: August 14, 2015, 04:52:24 PM » |
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More importantly why bother paying fortunes, believe me it costs fortunes, to be on oddschecker. from working at Canbet in 2003 it was amazing how much it cost to even get a 'spot' on oddschecker never mind stay on oddschecker. If you don't want to compete on price and only want non price sensitive customers (which is fair enough) why spend fortunes advertising in a place which is going to bring you top priced business?
If it like being a car insurer and going on gocompare and expecting people to pay £800 to insure their car with you when other firms are offering the same product for £400. You ain't going to see much business unless you are best price.
Pretty sure they don't pay fortunes to be on ocddschecker these days. Oddschecker making their money by being an affiliate more than from bookies being on their grids. |
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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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arbboy
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« Reply #12 on: August 14, 2015, 06:59:05 PM » |
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More importantly why bother paying fortunes, believe me it costs fortunes, to be on oddschecker. from working at Canbet in 2003 it was amazing how much it cost to even get a 'spot' on oddschecker never mind stay on oddschecker. If you don't want to compete on price and only want non price sensitive customers (which is fair enough) why spend fortunes advertising in a place which is going to bring you top priced business?
If it like being a car insurer and going on gocompare and expecting people to pay £800 to insure their car with you when other firms are offering the same product for £400. You ain't going to see much business unless you are best price.
Pretty sure they don't pay fortunes to be on ocddschecker these days. Oddschecker making their money by being an affiliate more than from bookies being on their grids. Me and you set up Camelarbbet.com. How much you think it would cost us just to appear on oddschecker as one of the firms for all sports? I would imagine top side of £100k minimum as a one off fee just to get on the site for all sports before any affiliate income was added for oddschecker after. I know what Canbet had to pay for the same priviledge in 2003. |
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Tonibell
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« Reply #13 on: August 14, 2015, 07:38:56 PM » |
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Really enjoyed this and thought Neil Channing was very fair in repeating that books are probably right not to want his business and his concerns are with the recreational punter being scared off. I'm the betting industry's equivalent of the music industry's 'fifty pound man' and my PP account is useless.
I think the most important thing I took away though was the most depressing. That racing books are impossible to frame in the same way as binary ones - I assume it was Mustardbet that Tony Calvin was talking about having looked at racing and swerved it - and that the proftable books will always have an incentive to knock back all but the squarest money.
Maybe more could have been made of Coral's 5K takeout guarantee on Saturday TV races and its implied criticism of the rest of racing. And perhaps some discussion of pool betting and rebate shops with their interest in attracting volume rather than scaring it away. Tiny quibbles about a fascinating listen pitched at the level you never get in the racing press. Good gags about the gravy train too.
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Chompy
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« Reply #14 on: August 15, 2015, 11:49:02 AM » |
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Top, top stuff this.
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"I know we must all worship at the Church of Chomps, but statements like this are just plain ridic. He says he can't get a bet on, but we all know he can."
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