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I think its outrageous how some course bookmakers were ripping off punters at Sandown today by offering prices and taking bets on the two reserves in the opening flat v jump jockeys race. If they find out who those bookmakers were they should be banned.
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Agreed, the bookmaking profession is for scumbags.
The sooner Racing For Change clue the public up the sooner on course bookmakers will find it harder to get customers.
All in good time, they’ll all crumble one by one.
Exchanges are the future.
Mr W dont hold your breath , RFC dont give a damn , as long as they get bums through the turnstiles , or in the betting shops, they will deem it to be job done
I agree though exchanges are the future
Ricky
agree though exchanges are the future
I hope you’re wrong, Ricky and Mr W. If the current levy contribution of the three exchanges is any guide, we’ll all be watching the rich race their family pets for stakes from behind barbed wire fences by 2020. We need to be reining in exchanges, not napping them.
Replacing bookmakers with exchanges is like deposing Emperor Nero and replacing him with Caligula. We need a boosted Tote, with new management and global co-mingling.
We aren’t going to get that anytime soon, so we may as well stick with the bookmakers who actually contribute more to the sport in absolute terms. In my opinion, of course.
the reason the reserves were being priced was, because they were both being traded on exchanges, and unlike when on-course bookmakers realised they were non runners we refunded all money WITHOUT deductions, exchanges had to deduct their rule 4
Max , I am loathe to disagree strongly , but the chances of our guys dumping the bookies and going nap on Tote pools worldwide mingling are to say the least slim
In the meantime Exchanges will get more business , bookies will eventually be mini casinos , horse racing will be around 10 per cent of their business , if they decide to stick with it
The rich and famous will be taking a battering regarding prize money , unless someone somewhere see’s the light and soon …
Ricky
On course Bookmakers are an integral part of Horse racing and are as important to the meeting as the horses themselves!
Obviously the exchanges are the greatest thing since sliced bread for those Armchair punters who never support their local racetrack! Personally i will support all my local tracks as often as possible,(Except Southwell)and bet on course!There was an annoucment on the tannoy 45 minutes before the first race, and all stakes were refunded.
Outrageous ? Hardly.
- Total Posts 17716
I really think Betfair have brought out some fantastic marketing with the gents talking about bets together and placing them right there without having to move.
The whole Bookmaker generation is old hat now, you will still get the over 50’s going to their local bookies to place a bet because thats how they’ve always known to bet.
You have to ask yourself how many years have these over 50s got left on earth? Betfair targeting the younger generation and bringing them up with new technology, kids in 10-15 years will only know of betting through exchanges and bookies are running scared trying to spin off a few casino games in shops.
Betfair have brought in technology with your phone, the mobile phone is one of most known form of communication in the world and who don;t know how to use one? they could also set up on course betting terminals with easy instructions not as if people haven’t got expierance of cash points in their life time.
There is hundreds of ways to force the on course bookmakers out, did you see people trying to get a bet on at Aintree, Cheltenham etc? the more people know about such things as betting on the phone, better odds through betfair, potential on course terminals for easy use.
I am all for Betfair, leave the old people to moan because the future is the younger generation.
Mr Wilson, you completely miss my point. I’d probably erect a statue to Andrew Black in my back garden if his invention benefitted horse racing more than individual punters – young or old. It doesn’t.
If they paid, say, £16-£20 million, you’d never hear a peep out of me. They don’t – they pay £8m. It isn’t enough to support the sixth largest industry in the country.
As for your unpleasant comment about moaning old people, I’ve probably got twenty years on you and generally, you whinge like a spinster with itchy piles.
Not only am i a fine judge of Horses but i can tell from posters on here,just how old they themselves are- Fist is in his 60"s,Grass is in his 40"s,Ginge is in his 40"s,Irish is in his 20"s,Carvs late 30"s,Gaz de Solzen late 20"s etc Mr Wilson you must be 70?
How old am I then?
I have big problems with people who say ‘exchanges are the future’ namely, unless those people have ATR or RUK, they aren’t watching the races they’re betting on & a find that to be rather disgusting.
Even worse, as TAPK has suggested, they probably don’t go racing ever either. If Betfair was the future, every punter would walk through the gates with a laptop under their arm & a dongle sticking out of their arse. As it is, the only person I’ve ever seen on a racecourse with a laptop is Tanya from C4.
How many places did Betfair pay out on on the Grand National? Did Betdaq refund the money of people who backed King John’s Castle?
There was an annoucment on the tannoy 45 minutes before the first race, and all stakes were refunded.
Outrageous ? Hardly.
Agreed but who’s to say if there hadn’t been that tannoy announcement that even more punters would have been taken for a ride. If that had happened to me, and it was my first time coming racing I wouldn’t rush coming back thinking I was being taken as a mug.
There was an annoucment on the tannoy 45 minutes before the first race, and all stakes were refunded.
Outrageous ? Hardly.
Agreed but who’s to say if there hadn’t been that tannoy announcement that even more punters would have been taken for a ride. If that had happened to me, and it was my first time coming racing I wouldn’t rush coming back thinking I was being taken as a mug.
Okay then, what would happen if a horse had withdrawn because of the ground, one of the reserves had gotten in & won and no bookmakers had taken bets on it?
While we’re at it, neither Sporting Life not Racing Post had them down as non runners, are they being equally outrageous?
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