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If bookies want to ban “each way” why not just do it?
Punters could then choose to do both a “win” bet and a “place” if they so wish and it doesn’t reduce the win only price for other punters and enable bookies to compete a bit better with exchanges on win only betting.Value Is Everythingsome good points raised ,maybe I am in the minority but I would rather get a bet on, than offered cash back in a free bet(max normally £25) if my horse finishes 2nd/3rd to sp fav
But looking forward to sunday, lets hope its a no punches pulled programme
I agree with you, nwalton. But it’s probably a matter of whether a punter has been knocked back or not. ie If a punter can get all his/her bets on then he/she is not going to want to lose the special offers etc.
Value Is EverythingAlso:
If bookies want to ban “each way” why not just do itI wish it was that simple.
Unless every firm went this way at once, it wouldn’t be viable. Turnover would drop so badly that share prices would be hit and the suits would sweat blood. Each-way is just so deeply ingrained in this country’s betting culture. SkyBet and WH aren’t helping with their crazy loss leaders like 8 places on the Ces.
JK told me that Coral brought in win only and place only for a trial (alongside EW) a few years ago. We took buttons on them. The industry will need to co-operate for the greater good to change the culture here.
The industry will need to co-operate for the greater good to change the culture here.
Would that be legal?
Value Is EverythingJK told me that Coral brought in win only and place only for a trial (alongside EW) a few years ago. We took buttons on them.
Need to do it without each way as an alternative. Vast majority of punters will always stick to the status quo.
Value Is EverythingConcessions and perks are all well and good if they can be availed of, but the wisdom coming from the crowd is they can’t be, once you’ve shown half a screed of nous. The general perception seems to be their nothing but a lure to the casino side of the business for the uninitiated.
I’m sure the vast majority of dedicated souls who follow the game day to day, would happily give away a half percent per runner to bet into a system where they could get a bet on to a decent legally binding liability, I know I would. Not to mention the margin built into overnight prices with our bookies seems to be well over two per cent per runner anyway.
The industry will need to co-operate for the greater good to change the culture here.
Would that be legal?
Calling wit!
spot on cav
also agree with GT I can understand people liking the concessions, but all I and many people want is to get a bet on. I am nit saying take 1000’s on a horse running at southwell on a Monday at 50s,but for Christ sake a 600/400 in a half decent race is that to much to ask without being questioned.
I will ask again why(and does anyone know the answer?)did books take that sort of bet back in the 70s,without mostly turning a hair,when now days you can be questioned and a phone call needed for a 200/100
You’ve had the answer, nwalton. The exchanges have created all sorts of bad business, even on good races. There are people who are on their phones waiting for something to dip under on Gold Cup day – nothing is sacred. This was’t a problem in the 1970s – Betfair wasn’t even a twinkle in Andrew Black’s eye back then.
I’m confident we’ll lay you good straight bets ante-post on a good race – we’re up with many of them in shops well before time if the participants look quite obvious. Races like this weekend’s Elite Hurdle were kept online-only midweek because Henderson and Nicholls have multiple entries and we’re vulnerable to anyone who knows about their running plans before we do. The race could also easily cut up to less than eight runners so you can understand our reticence about each-way business at 1/5 3. If you’ve got a query about any specific race and why it is/isn’t in the shops, I like to think I can give you a reasonable explanation.
Not many ante post requests come directly to me, though I do field quite a few each day. I personally approved 250/250 on something at a big price in the King George today, 800 on the nose for something in the Greatwood and a few large bets on the Paddy Power. If it’s a straight go in a solid market, you’ll usually get what you want.
spot on cav
also agree with GT I can understand people liking the concessions, but all I and many people want is to get a bet on. I am nit saying take 1000’s on a horse running at southwell on a Monday at 50s,but for Christ sake a 600/400 in a half decent race is that to much to ask without being questioned.
I will ask again why(and does anyone know the answer?)did books take that sort of bet back in the 70s,without mostly turning a hair,when now days you can be questioned and a phone call needed for a 200/100
Suspect it’s because bookies in the 70’s had far less competition, nwalton. Not only fewer bookmakers to worry about but also (and importantly) no exchanges. ie Be surprised if bookies in the 70’s did not bet with a greater over-round and not needing to use special offers – and that means a bigger profit margin. Therefore, in the 70’s they could afford to accept far more bets from good judges/winning accounts… Also there’s far more information available for punters these days, so I suspect far more winning punters.
Smaller profit margin means Bookies probably can’t afford to keep as many winning accounts going and refuse more bets from those they know to be good judges.
Value Is Everythingwhat worries books so much about arbers? they are only taking the price you deemed right.
If I was a bookie I would rather take on an arber than someone of knowledge, i really find it a strange argument, but then again I am not a bookie.
You say you lay a good straight bet ante post(I am not doubting you) but why in your shops do you refer bets on the day like I say a measly 200/100 and at times the punter get a knock back.
Really don’t see betfair was not around in the 70s as an argument for a times not taking a bet,surely a 600/400 or 2 monkeys is not going to harm the shops
but GT (some decent points you and LS put up) only 2% win according to surveys, so why punish the 2% and not take a bet when 98% of us don’t win,but still like a bet
Agree the over rounds were 120/125% back then(even bigger sometimes) but all I want is a bet lol
anyway I have wasted enough of your time on this subject and good luck to all with their punting or laying
If you are known as a serial loser they will bled you dry, let you bet as much as you like
then put up a ‘responsible gambling week’ campaign whilst at the same time flooding you with emails saying stake £50 get matched to £50 free *stake times 1000 before withdrawal…..
Gaelic Warrior Gold Cup Winner 2026
Arbers aside, are there really that many more winners these days? The same information is available to the bookmakers and their all happy enough to guide (corral) us to where much of it lies. Besides which, even the most magnificent analytical prowess means very little, if you dont have the temperament to carry it through on the markets.
That’s where the two per-centers come through the door. Thin their gruel if needs be, but the rest of us….
“please sir can we have some more”
Hi Ginge.
Good questions indeed. I didn’t know the answers so I put them to our Australian racing trader.
Until fairly recently, Australia only had the Tote but there are now five or six major Australian bookmakers including Ladbrokes and 365.
There are no concessions. No BPG, no sign-up offers, no extra places. No each-way. Win-only and place-only as per the Australian tote.
Prices seem fairly competitive but the overall offer is not as good as the package you get from UK firms when you factor in the concessions. We don’t have great visibility on the everyday Australian racing but RaceNet show their firms were betting to 123% on average for the 11-runner G1 Manikato Stakes the other day. Average overround of 120% on the Melbourne Cup on the day. Early prices typically available from final decs, rarely ante-post apart from the very best G1 races.
Sorry Ls, but your guy has it wrong big style. Most bookies offer BOG and miles better promotions than the UK.
Even the sign ups are 10 times better
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