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Interesting article re the subject from the BBC.
http://www.bbc.com/news/business-34550617
Radio 5 Live Investigates tonight at 11pm BST if anyone wants to listen.
Geez, one guy has 450 accounts! How many do you need for heaven’s sake!
If you don’t arb, don’t bet in bad EW races and don’t have betting patterns that suggest inside information, you’ve got a good chance of keeping your account alive, even if you’re a winner. I’m not saying that goes for everyone who has been restricted, but I imagine less than 1/4 of the bettors featured in that article could honestly claim to be straight punters.
The BBC shows zero knowledge of arbing in that article, which suggests the piece on 5 Live will be similarly naive. I don’t think it’s worth tuning in, personally.
Lydia Hislop recently sounded out a few traders on Twitter in attempts to make a fair and balanced debate on RUK, with both sides present to explain their grievances. I really hope she can get it off the ground.
you are a million to get on online (to decent amounts) if you show an ounce of know how.I dont arb,just like a bet along with my son(he does the NH and the boxing side of it)
We do more leg work around the shops in central london just to get on(we are about 20 miles form london).Its very very hard and getting harder,to get on at a ‘price’ for any sort of amount.
For me,the books just dont want to take a bet,or have an opinion.
If you don’t arb, don’t bet in bad EW races and don’t have betting patterns that suggest inside information, you’ve got a good chance of keeping your account alive, even if you’re a winner. I’m not saying that goes for everyone who has been restricted, but I imagine less than 1/4 of the bettors featured in that article could honestly claim to be straight punters.
The BBC shows zero knowledge of arbing in that article, which suggests the piece on 5 Live will be similarly naive. I don’t think it’s worth tuning in, personally.
Lydia Hislop recently sounded out a few traders on Twitter in attempts to make a fair and balanced debate on RUK, with both sides present to explain their grievances. I really hope she can get it off the ground.
Last year 40% of fun punters were restricted or banned. This year 52%. Near 100% of them are losing punters. None are doing anything untowards – simply backing a fancy. Imagination is seldom factual.
How can a bookmaker know if you have “arbed”? How can you rely on arbing a lay bet?
If you mean got a bet on with him that has reduced in price that is not arbing but taking a price.
The bookmaker set the original price and the customer decided to buy the bet at that price.
What would happen on the stock market if you could only buy one share in Apple and not 100? It would not exist and that is exactly the way bookmakers are going – they are running out of punters faster than finding new ones and it costs £100+ to attract each new account.The Young Fella is in cloud cuckoo land, no doubt influenced from working for Corals. And of course bookmakers never lay off bets
The fact is bookmakers only want punters who lose or don’t beat the price, they don’t want punters who may either win or beat the price, even if they lose. They don’t want to take any risks with horse racing at all with FOBT’s and football to fill their satchels.
Lydia Hislop will be wasting her time, bookmakers and the BHA are in denial about bookmakers not laying bets. Nick Rust has already said he doesn’t see it as a problem.
Slimy Clare was up in arms the other day because he and his pathetic company had no knowledge and had no involvement in a couple of big gambles last Saturday.
The thing is if someone wants to have a good gamble why waste your time with companies who wont lay 2 bananas to a banana? They will just be bypassed.
All this though doesn’t bode well for horse racing via the levy, although many punters will continue there will also be plenty being turned off betting on horse racing by the bookmakers attitude.
Unfortunately bookmakers are a cancer attached to horse racing.
……I don’t think it’s worth tuning in, personally.
Not even with those rose tinted glasses on ?
Where are you plucking these figures from?
Yeats, I put it to you that your bias puts YOU in ‘cloud cuckoo land’. Your rather juvenile name-calling and attacks on Dr. Clare don’t do you any favours and, even if you were making a legitimate point, it would be lost in all the hatred. If you want to contribute something, be an adult about it.
Clare makes a fair point about the Oriental Fox con. It’s not only bookies who lose out in such scams – it’s straight punters who get stung when one of these plots comes along to foil their form study. You were rather quick (no doubt owing to your anti-Clare agenda) to accept Calvin’s ‘explanation’ of events, not taking into account the Calvin had publicly rubbished Oriental Fox’s chance pre-race. As you’ll see when searching Twitter for the horse’s name, even many esteemed judges couldn’t make any case for that horse on form.
I freely admit I do work for a bookmaker, but I’m still a punter like the rest of us and put my own interests first. The truth is that bookies want to lay straight bets from straight customers. They aren’t charities and never make any promises to lay bets when the service is being abused (arbing, bad EW, inside information etc), which are the causes of most restrictions. It’s sad if ‘fun’ punters are getting hurt. They can blame the abusers who have made bookmakers ultra-sensitive to the slightest hint of foul play. It’s a sad state of affairs, but the culprits lurk among us.
Coral’s £2k & £5k Guarantees shows that the company wants to lay meaty bets from customers who have opinions. No matter who you are, you can get on in a Coral shop.
Where are you plucking these figures from?
Yeats, I put it to you that your bias puts YOU in ‘cloud cuckoo land’. Your rather juvenile name-calling and attacks on Dr. Clare don’t do you any favours and, even if you were making a legitimate point, it would be lost in all the hatred. If you want to contribute something, be an adult about it.
Clare makes a fair point about the Oriental Fox con. It’s not only bookies who lose out in such scams – it’s straight punters who get stung when one of these plots comes along to foil their form study. You were rather quick (no doubt owing to your anti-Clare agenda) to accept Calvin’s ‘explanation’ of events, not taking into account the Calvin had publicly rubbished Oriental Fox’s chance pre-race. As you’ll see when searching Twitter for the horse’s name, even many esteemed judges couldn’t make any case for that horse on form.
I freely admit I do work for a bookmaker, but I’m still a punter like the rest of us and put my own interests first. The truth is that bookies want to lay straight bets from straight customers. They aren’t charities and never make any promises to lay bets when the service is being abused (arbing, bad EW, inside information etc), which are the causes of most restrictions. It’s sad if ‘fun’ punters are getting hurt. They can blame the abusers who have made bookmakers ultra-sensitive to the slightest hint of foul play. It’s a sad state of affairs, but the culprits lurk among us.
Coral’s £2k & £5k Guarantees shows that the company wants to lay meaty bets from customers who have opinions. No matter who you are, you can get on in a Coral shop.
Correct me if I’m wrong but didn’t Clare start it by calling punters “parasites”? I’m all for conducting affairs in a gentlemanly manner but it’s extremely tedious to continually watch Clare and his colleagues spouting untruths and rubbish on tv.
Why would a business want to describe some of it’s customers as parasites?He doesn’t make a good point regards Oriental Fox, if someone wants to have a gamble in a big handicap like the Ces, they deserve every penny they get if it succeeds.
To state that so called esteemed judges didn’t fancy the horse so it had no place being backed is laughable.
I don’t see the connection between Calvin not fancying the horse and him explaining the gamble, his explanation would have been the same for any horse with a similar late contraction in price.As it is we don’t know how the gamble was constructed or how much money was involved except that Corals weren’t involved
The Corals guarantees are worthless, who wants to back a horse with them after a 11.00am for 2 grand when 99% of the time bigger prices will be available elsewhere either then or just prior to the race.
Maybe a few punters will post their bets up here who have took advantage of this offer, I’ve not heard of many if any.
Why don’t Corals and the others just be truthful and state they only want bets from losers or punters who don’t beat the price?
Excuse my ignorance, but what is “Bad EW Betting”?
And regarding not “Arbing”, to echo a comment above, how would Corals (or anyone else) know this was occurring? Presumably this dislike of “Arbing”, is Bookmaking speak for not liking a punter shopping about and consistently getting top price?
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Excuse my ignorance, but what is “Bad EW Betting”?
‘Dirty bets’ are backing a horse E/W with a biggish odds on shot in the race, so as to have a ‘free’ win chance. Normally restricted to non handicaps. E/W doubles also profitable. Mind you, was very difficult getting these bets on 40 years ago when ‘Bookmakers’ did take a bet !!!!
Ah cheers – so the stance is, “Please back each way with us in accordance with our T&C’s, but not when you’ve spotted a good value EW shot”.
Similarly – “Please back with us at our advertised prices in line with our T&C’s, but if you keep getting top market price we’ll not have that”.
I’ll have to watch ASDA don’t ban me, I’m buying my milk from them currently, but if Tesco undercut them on price I’ll be straight in there!
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Dr. Clare
A Ph.D in Cold-Eyed Smarm?
first you must learn how to smile as you kill
Dr. Clare
A Ph.D in Cold-Eyed Smarm?
first you must learn how to smile as you kill
Haha, it was a mark of respect, inspired by Esfandiari.
e.g. One might refer to DC as Dr. Cormack for his work as TRF overlord.I am surprised that people actually bet in Corals shops, I have one a stones throw from me here in Swindon, never been in the place and never will.
Pretty much sums it up TC.No other industry would get away with this sort of thing. If this is correct (I always back at best available odds surely nearly everyone does, and I’ve never had an account blocked. Restricted, yes many times but not closed) then it’s clearly blatant false advertising.
Your a smart fella TYF what do u say?
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Pretty much sums it up TC.
Pretty much sums it up TC.- You must be logged in to reply to this topic.