Home › Forums › Horse Racing › Betting firms restricting bets from some punters
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Cav.
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- October 23, 2015 at 06:48 #1218514
I have used Betfair for 99% of my betting for many years now, and don’t see why anybody bets with these so called bookmakers anymore.
Whenever one of these familiar anti-bookmaker threads rears one of its many hydroid-medusoid heads someone makes this entirely valid point: more than valid, actually a truism and statement of the bleedin’ obvious
Why this continuing fascination and obsession with bookmakers?
Sure, if you bet for fun as a recreational hobby with no concern about profiting from it then by all means use those purveyors of the fun, the bookmakers. But don’t moan about them, if you don’t like their wares go and shop elsewhere
For the Bettor (with a capital B or even an emboldened lower-case b ) these sellers of poor value goods with dubious advertising are an irrelevance, has-beens and missed with the same indifference as was the demise of Woolworths
What about the effect on horse racing? As robert’s stats earlier in thread point out the bookmakers attitude is turning punters off racing. Surely no one believes that isn’t the case.
Ladbrokes chief states today that racing must make itself more popular with its customers.
He would say that wouldn’t he but compare the interest here with somewhere like France. The sport should be absolutely thriving here, the biggest negative to that happening for me is bookmakers.As for Betfair etc, don’t they impose substantial charges on winners and aren’t they about to be taken over by a bookmaker? Their sportsbook is largely regarded as a joke as it is. Both leading exchanges will then be owned by bookmakers.
As for Corals after 11.00am 2 grand offer, there can be no value in it for the punter 99% of the time. Think about it or try a few dry runs.
The only people who seem to be praising the offer are people who never seem avail themselves of it.
October 23, 2015 at 07:07 #1218515Good points RE: Betfair and Betdaq, yeats. You’ve got to expect some sneaky commission hikes or hidden charges on the way under their new ownership. It’ll be a shame if they head the way of Pokerstars under Amaya’s ownership. Some cash games are now -EV spots even for the most solid 4BB/100 winning players due to the scandalous recent rises in rake.
Still, when did you last hear someone praise a bookmaker, yeats? They could hand out free tenners or donate 100% of profits to the IJF and some forum chopper would find a way to criticise.
As Coral’s quarterly retail figures show, the £2k and £5k guarantees have been very well-received since their inception.
October 23, 2015 at 10:55 #1218534Still, when did you last hear someone praise a bookmaker, yeats? They could hand out free tenners or donate 100% of profits to the IJF and some forum chopper would find a way to criticise.
As Coral’s quarterly retail figures show, the £2k and £5k guarantees have been very well-received since their inception.
Let me know if you start handing out free tenners TYF

It’s good if the guarantees have been well received, more levy for racing. I’m sure they will carry on if they continue to prove profitable for Corals.
I just don’t see anything in the 2k guarantee for punters, it would be interesting if some punters put their bets up after placing them with the guarantee and then we could see. It would be better if the guarantee started at 8.00 rather than 11.00. Maybe one for the suggestion box at Coral Towers
October 23, 2015 at 11:19 #1218535I’m counting eleven races for punters to get their teeth into today with the Coral guarantee. Ten at Cheltenham, Newbury and Doncaster.
The vast majority of my betting is win single on either of the front two in the market. I wouldn’t be betting more than a hundred quid per bet and I can get that now (midday) on most races across the two main exchanges. Being a high turnover low ROI punter, I’ve never come close to the 20% charge to gross profit threshold, the point where the Betfair Premium deduction kicks in. Don’t expect I ever will either.
Compare that to the mince served up to punters in France. Almost no information or data, massive takeouts, all served up in a vacuum at a graveyard.
As a punter I know which product I prefer.
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