The home of intelligent horse racing discussion
The home of intelligent horse racing discussion

Betting in Madrid

Home Forums Horse Racing Betting in Madrid

Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • #9686
    Tony25
    Member
    • Total Posts 327

    I spend a lot of time in Andalucia and i know the Bookmaking business!!

    Madrid interests me, during the course of the past year companies like Hills/Laddies and Bwin have attained licenses to operate in the Madrid region (All in partnerships ie Codere/Cirsa/Betbull)…..anyone been into one of their outlets? Are the prices same as whats offered in the UK highstreet (Lads in Italy have differant prices and Stanleybet always operate regionally ie Croatia/Germany/Romania/Italy =differant book).

    What are they offering (content), any taxes?limits?

    Spain is a crazy gambling nation, im just trying to figure out whether these Shops in Madrid are worth a visit? Can i find prices anywhere? (I have Betradar but have never noticed any Spanish names i know

    From experience, best time to catch them is at the begining while they are trying to impress?

    Do they cover Spanish racing?

    #197914
    Irish Stamp
    Member
    • Total Posts 3176

    I’m not sure if they cover Spanish racing or not but the Sunday afternoon stuff from San Sebastian is great Tony :)

    Bwin have the German market completely sewn up – I’m pretty sure it would be considered a monopoly over here.

    #197916
    Tony25
    Member
    • Total Posts 327

    BWin have a lot of problems in Germany and in certain States like Bayern they are prohibited from taking bets over the internet or by any other means, with regards to retail Bwin have no shops in Germany, in fact the biggest Bookmaker operating the German high street is Tipico (circa 450 locations), Bet3000, Digibet, Primebet and Ambassador (This is all Sportsbookmaking), all bets taken are transfered outside of German borders by intermediaries thus they get around licensing procedure, which incidently is not available!!

    I guess my real question relates to Sportsbetting, are these Bookies in Madrid giving over the odds, it happens in many countries (believe me), to be honest im not really expecting anyone to know as this is more my scene and i simply need to go there and have a look!!

    But who knows…..nothing ventured,nothing gained,thus the question!

    #197939
    Avatar photoMDeering
    Member
    • Total Posts 1688

    I’ve been told the San Sebastian ampitheatre is a state-of-the-art wagering facility, and very lively with bookmaker stands in their droves.

    #197966
    Tony25
    Member
    • Total Posts 327

    I’ve been told the San Sebastian ampitheatre is a state-of-the-art wagering facility, and very lively with bookmaker stands in their droves.

    HaHa………very funny!, on my local track (Mijas) the tote bets to 154% (win),fixed price betting doesn`t exist as theirs no legislation covering Bookmaking in Andalucia,the muppets that run the show (Globaltote) have been accused of everything including Money laundering , it`s desperate!!

    Madrid is very differant in that they follow the French PMU method,takeout is much lower and turnover much higher,with regards to San Sebastian , at least it comes under a jurisdiction that have started licensing Bookmakers

    The quality of racing in Spain is not that bad to be honest and it will improve!!,at least the low level prizemoney is better than in the UK!

    Still, knowone had experience of betting with Victoria (Hills/Codere)?

    #197972
    Irish Stamp
    Member
    • Total Posts 3176

    Would suggest there are more than just takeout problems at Mijas ie. pre-determined race results :wink:

    #197974
    Tony25
    Member
    • Total Posts 327

    Would suggest there are more than just takeout problems at Mijas ie. pre-determined race results :wink:

    Can`t see what that would bring when turnover per race averages about 3K!! :shock:

Viewing 7 posts - 1 through 7 (of 7 total)
  • You must be logged in to reply to this topic.