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More value and more trading will occur when the jumps season is on, especially from an in running aspect.
Nothing wrong with the liquidity in its other markets. Maybe the layers are less interested in the horses as the exchange evolves.
Maybe the layers are less interested in the horses as the exchange evolves.
I think that’s happening.
Don’t know if the jumps will stimulate more interest. That’s when Potts, Carvillshill, Drone and all the other specialists etc, come out to play…makes it even more difficult
There’s been a marked shift in the balance of power from flat to jumps for the past decade.
At the start of the millenium Savill had the bright idea that if you put on 10% more races a year you’d get 10% more levy. You could see that this wasn’t working out very early on, but still The Rabble ploughed on regardless. Virtually all these extra fixtures have been flat ones, largely comprised of horses that otherwise would have been retired owing to their mediocrity.
Turnover per meet, measured by totes or betting shops or betfair, was cicra 60/40 in favour of the flat when this process started. Parity was reached a few years ago and now the jumps have overtaken from the figures I’ve seen.
Will The Rabble admit they got it wrong and do a u-turn? I wouldn’t bet on it.
Interesting stuff , could it be that a lot of players have just got fed up of the flat for whatever reason and just back off until the Jumpers are back in full swing
It will be good to see if the figures perk up from November to April
The flat is a load of boring rubbish nowadays
Ricky
Ricky, you have e-mail.
Maybe the layers are less interested in the horses as the exchange evolves.
I think that’s happening.
Don’t know if the jumps will stimulate more interest. That’s when Potts, Carvillshill, Drone and all the other specialists etc, come out to play…makes it even more difficult
123 points up on the Antepost Flat season thread on BF Cav!On this topic tho- I have 3-4 bets a week on Betfair now if that. Those are usually hedging bets in-running. Almost all betting still at early prices in the shops or online.
I freely admit that I can’t win on the machine- no liquidity in the early markets and the mistakes disappear before the real money comes in.
Good for spoofing though
Doubt there was a market there today with more than 100 grand matched up-to 5 mins before off time. The drop off has been spectacular.
Tonight I have, along with the master detective himself, returned to the scene of Big Blue’s growth spurt. Our aim was to answer one question: where did all go wrong?
We searched for clues but reached no firm conclusions.
We will continue our enquiries by calling forth five key witnesses: Alan Potts, Dave Nevison, Sean Boyce, The Big Chief and Pat Naylor. They will be subpoened if necessary.
Maybe everyone has gone over to Betdaq (or the other one who’s name escapes me) in protest at the Premium Charge.
The on course market is very weak, most off course bookmakers are less willing than ever to lay a bet on the sport, the levy is under immense pressure – and now, if these figures can be believed, the exchanges appears to be almost consuming itself.
The reason you seeing these declining figures across the industry, especially in the early markets, is simple imo. Insiders are, in my opinion, now winning more than ever on the exchanges and the recreational and formbook punters are either waiting longer to bet,reducing their stakes or just giving up betting on the sport completely.
Yes, the sport has always had insiders, it has always been "bent" to an extent – but never have people privy to inside information been able to profit like they can now.
Pity The Big Chief isn’t around these days – he was one of the few people who foresaw this problem back in the exchanges’ "golden era".
Greg wood touches on this issue…
Yet another Bookie apologist ranting against exchanges , when will you guys ever accept , your golden goose has been fleeced and now enjoys the freedom of the exchanges
Maybe you and boycie should try harder ,,,its getting a little bland though
Ricky
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