Home › Forums › Horse Racing › In running betting
- This topic has 28 replies, 18 voices, and was last updated 17 years, 8 months ago by carvillshill.
-
AuthorPosts
-
March 19, 2007 at 12:07 #1193
Anyone else got a view on this?
March 19, 2007 at 12:17 #47576Is your article available online?
March 19, 2007 at 12:23 #47577For reason best known to themselves, the Racing Post hasn’t updated its clippings for nearly two months so unless it’s picked up by one of the online cuttings services, I fear the answer is no.
Zorro probably still has it on his computer, though, so he could always cut and paste. <br>
March 19, 2007 at 12:58 #47578The parliamentary debate on in-running betting raised by Jim Devine MP on behalf of Henry Spurway is smokescreen and has nothing to do with the facts of in-running betting. Spurway has been in dispute with Betfair for years following the failure of his exchange betting office in Edinburgh. The basis of his dispute is commission payments and nothing to do with delay in transmissions of live sports events. Spurway will use any opportunity to have a go at Betfair and in this case he has managed to con an MP into supporting his stupid claim.
I use in-running betting on Betfair solely to close a position on a pre race bet/lay. When I submit an in-running bet/lay I want it to be matched irrespective of what is happening in the race. I understand there are people better placed than me to profit from the actual race as is unfolds by betting/laying and they are welcome to match any of my transactions. Some of these people are actually cheating by arranging to have pictures significantly ahead of the public pictures.
People trying to place bets or lays by watching the public pictures on television are in my book mugs! They should be fully aware of the risks involved rather than the minimal disclaimer used by Betfair.
If Betfair introduced a five second delay in processing of in-running bets on horse racing (as they do with football markets) the problem of cheating would be reduced to insignificant levels.<br>
March 19, 2007 at 13:07 #47579I assume you are making reference to the not so live pictures for in-running markets ?
If so, everyone knows they are delayed .. play at your your risk, pretty much the same as betting when you dont play in running really.
Just because some bookie gets fleeced and hood-winks his crackpot MP into bringing up in the house, doesn’t mean it should be banned. Perhaps the bookie would be better of sticking to being a bookie instead of gambling like a pathalogical.
March 19, 2007 at 13:23 #47580It’s only yesterday’s paper Wallis.<br>Improbable as it may seem to those who think that’s all hacks do, I don’t know how to cut and paste.:( <br>I do recognise the Spurway connection – now. But is this really just about him? I don’t think so.
March 19, 2007 at 13:35 #47581<br>Zorro,
It’s all about Spurway.
If taking advantage of faster pictures makes the punter a ‘crook’ – your word – then does the same apply to a punter using a fast broadband link who gets the prices before a punter still using a dial up link?
As Wallace points out, most of the money traded in running is about hedging positions taken before the off – which is why some BF users get so angry when the site goes down and denys them the opportunity to trade.
It’s not as if betting in running is compulsory – if punters are daft enough to trade off home TV pictures, then it’s caveat emptor.
AP
March 19, 2007 at 13:40 #47582Zorro
Call up the file, do Control-A, Control-C, then go to the posting box for this forum and Control-V. As if by magic, all your bon mots should appear…
March 19, 2007 at 14:41 #47583I’ll try it later Mr. Frisk. Bit busy just now.
March 19, 2007 at 14:45 #47584Some of these people are actually cheating by arranging to have pictures significantly ahead of the public pictures.
<br>What?!! Interesting definition of ‘cheating’. If I was betting by mobile at the racecourse, I would be positively fraudulent then…
Mike
March 19, 2007 at 15:01 #47585Betlarge No you would not be cheating as using legal methods to do business is legal.
Paying employees of broadcast companies to obtain encryption codes is illegal. Hacking into satellite signals obtaining access to copyright material is also illegal. Just a couple of the tools available to the cheats.<br>
March 19, 2007 at 15:03 #47586Not fully up to speed on this but the food chain goes something like this:
The track<br>Racetech (on course)<br>Terrestrial…fraction of a second behind<br>Raw feed of Racetech (allegedly)…fractions of a second behind<br>(ATR extra)…1 or 2 secs behind<br>SIS….1 or 2 secs behind<br>RUK on sky…3 or 4 secs behind<br>ATR on sky…3 or 4 seconds behind<br>Sky Sports…3 or 4 seconds behind (was less than 2 secs and faster than SIS)<br>RUK on cable…7 or 8 secs behind! (was same as sky)<br>ATR on cable…7 or 8 seconds behind (was same as sky)<br>Internet radio…lord knows
There has been a notable degradation of service in the last 2-3 years. RUK have extended the delay no less than three times for cable customers (only once, when encripting the pictures when going subscription was there a reasonable excuse), ATR extra has disappeared and Sky Sports no longer is on a par with SIS.
The whole thing has become a complete racket. For some of the personnel that work for these broadcasters their regular salary is now regarded as pin money.
March 19, 2007 at 15:05 #47587I would pay good money for a job in an oncourse broadcast truck!:biggrin:
(Edited by Wallace at 4:10 pm on Mar. 19, 2007)
March 19, 2007 at 15:12 #47588dunno how to retrieve threads, especially 2 years old.
I was criticised for telling sit at home MUGS who were playing in-running, that they were being slaughtered by the on-course boys backing winners after time, photo, stewards, fallen horses, and a several second advantage.
I even mentioned it in my weekly column, mark davies denied at that stage there was any advantage.
<br>Why the big debate now, its very old news.
<br>if Ian Davies is about he will confirm he informed the independant or guardian can’t remember which , they wrote an article suggesting it was unethical to back winners after time.
TAKE NOTE, this is a dog eat dog back stabbing business with cash involved,
romford aint in ethics caveat emptor
March 19, 2007 at 15:24 #47589just remembered, there was a poster who said that his super duper all action computer was quicker than us on-course, if your still out there please join in.
March 19, 2007 at 15:55 #47590Fair play to you Barry .. you are the first person I remember bringing this up.
March 19, 2007 at 16:15 #47591If you search Google Groups a relatively sane discussion about all this can be found on:
uk.sport.horseracing
Search for the following headers:
In Running – WARNING – Dont be Ripped Off
In-running Tools of the trade
<br>
-
AuthorPosts
- You must be logged in to reply to this topic.