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What does ”confidence in dividends” mean?
see Glenn’s link:
"[At present], the guy who wants £1,000 on a 12.00 shot will invariably see it move from 12.00 to 6.00 or 5.00 [as a result of the bet distorting the pool]. With the extra money in the pools, the punter will find instead that they are getting 11.60. "
The size of betting pools increases as a result of commingling, which helps create more stable odds but not necessarily imply an increase in the actual payout of the individual pool.
The ‘other’ ID wouldn’t have asked that question ;o)
I can see how more money in pools make for more stable odds, but I still don’t see how bigger take-outs by the Tote operator help punters.
Would I have asked THAT last time I was here?
I am "The Horse Racing Punter" on Facebook
https://mobile.twitter.com/Ian_Davies_
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It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"No, the other ID wouldn’t have asked that either.
He understood that in terms of betting GB / Ireland is an aberration on the international landscape.
He knew that the GB tote needs to find an edge over GB bookies and exchanges.
That international commingling offers such an edge.
And also that others will not commingle with you if your profile would make it too disruptive for them.
You won’t be allowed to join the dance if you’re going to start causing ructions for the other partygoers – mostly state monopolies already doing quite nicely thank you for their horsemen and their governments, with relatively docile customers and others slowly being won back from illegal operators through rebates rather than headline take-out rates.
So either you bring your headline take-out rates into line and get a dance-card, or you stay a wallflower.
Il faut reculer pour mieux sauter. Or in Siers’ words: "This is a move which will benefit punters in the long term."
Sir, you are definitely no ID ;o)
As I recall, I’d have been too busy eating a Chicken Korai and two roti breads down The Lahore Kebab House with Glenn to be too concerned with the problems facing the world’s pari-mutuel betting operations.
I am "The Horse Racing Punter" on Facebook
https://mobile.twitter.com/Ian_Davies_
https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"I’ll lay all the 1.01 about me being a clone that’s going – easy money.
I could throw in the lifts home, the pub in Hammersmith we all had a drink in, a UBF get together in Greenwich….but am I THAT desperate to prove my ID so to speak?
On second thoughts, I might just live longer if people think I’m already dead.
I am "The Horse Racing Punter" on Facebook
https://mobile.twitter.com/Ian_Davies_
https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"It was the curious incident of your meltdown on the forum the other night that gave you away.
Oh, what meltdown was this?
Apart from a bit of banter with the non-betting racing fans, I think I’ve done rather well and kept out of trouble so far!
I am "The Horse Racing Punter" on Facebook
https://mobile.twitter.com/Ian_Davies_
https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"Well, that’s good, then!
I am "The Horse Racing Punter" on Facebook
https://mobile.twitter.com/Ian_Davies_
https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"Well, if you are Ian Davies, then I have in my possession an outstanding warrant for your arrest.
The Charge: Abandonment
Before we proceed further I think it’s worth reading out a victim statement from a Mr Barta of California:
Ten years ago I was at rock bottom. Some people think it’s fun delivering pizzas around Californian Trailer Parks. Sure there are perks – the scooters are like fat girls (fun to ride until your friends see you) and you occasionally get a bit of the old George Formby "When I’m cleaning windows action’ at some places late at night. Ultimately, however, you’re life is a hollow one of poor tippers and people yelling at you that their pizza doesn’t have the extra anchovies they requested.
I turned where so many have turned before me – the hobby betting websites of Basingstoke. An outfit called backandlay was the one I plumped for to be the focus of my fanatical devotion. I had the green bobbly hat, the replica kit and the scarf with netprophet trophy finalists 2005 enscribed upon it. I never missed a home game.
Then one day it happened: banned from the ground on spurious grounds.
There was nothing left to live for after that day. I gave up my job, my house, my hope. I’m now a broken man. I live in the sewage system of the trailer park I used to deliver pizzas to and contemplate suicide every day.
Tell me Mr Davies, how do you plead?
Well, if you are Ian Davies, then I have in my possession an outstanding warrant for your arrest.
The Charge: Abandonment
Before we proceed further I think it’s worth reading out a victim statement from a Mr Barta of California:
Ten years ago I was at rock bottom. Some people think it’s fun delivering pizzas around Californian Trailer Parks. Sure there are perks – the scooters are like fat girls (fun to ride until your friends see you) and you occasionally get a bit of the old George Formby "When I’m cleaning windows action’ at some places late at night. Ultimately, however, you’re life is a hollow one of poor tippers and people yelling at you that their pizza doesn’t have the extra anchovies they requested.
I turned where so many have turned before me – the hobby betting websites of Basingstoke. An outfit called backandlay was the one I plumped for to be the focus of my fanatical devotion. I had the green bobbly hat, the replica kit and the scarf with netprophet trophy finalists 2005 enscribed upon it. I never missed a home game.
Then one day it happened: banned from the ground on spurious grounds.
There was nothing left to live for after that day. I gave up my job, my house, my hope. I’m now a broken man. I live in the sewage system of the trailer park I used to deliver pizzas to and contemplate suicide every day.
Tell me Mr Davies, how do you plead?
Message for Mr. Barta
http://i44.tinypic.com/34hhr0p.jpg
Mr Barta is in a very delicate state. One more comment like that could push him over the edge.
It all reads like a particularly bad night in an episode of Trailer Park Boys.
However, I digress.
Someone said to me the other day: ”When I get married it will be to a woman who can make sushi.”
I replied: ”I once knew someone with a partner who could make sushi.”
I am "The Horse Racing Punter" on Facebook
https://mobile.twitter.com/Ian_Davies_
https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"hmmm. so then ID , tell us what on earth went on with the takeover of flutter by betfair , and why it causes so much angst to the present day ???
Do Tell
imo
Ricky
Ricky,
It was TWELVE years ago – does any of it really matter? Does it really cause angst this long afterwards?
I do note that, as predicted by my friend Ross Banner, Betfair eventually became a ”one stop shop” sports bookmaker as well as a betting exchange operator, which makes some the derision at the idea back then seem a bit risible now.
But even then – so what? Life moves on.
I am "The Horse Racing Punter" on Facebook
https://mobile.twitter.com/Ian_Davies_
https://www.facebook.com/ThePointtoPointNHandFlatracingpunter/
It's the "Millwall FC" of Point broadcasts: "No One Likes Us - We Don't Care"How right you are , the genie is well and truly out of the bottle , its a shame , I remember David Hood saying something like , when Betfair came in , racing’s intregity went out the window , or something like that , at the time I thought it was just a bookie stance , we dont want any competition thanks very much , but time has also proved him to be right …..many trainers and jockeys bans since (most reinstated ) and heaven only knows how many more investigations ongoing ….your old pal Redman would love it
I wonder just how long it will be before some bookie takes them over and then terminals installed in shops , to give the jaded betting shops some new hope
cheers
Ricky ….imo
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