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September 6, 2002 at 06:26 #100176
<br>raymondo
why offer a horse as 4th favorite which is not running unless u expect some to take the bait.
there are many examples of non runners being priced up in ante post markets.
corals priced up a p harris horse at ascot the name escapes me for a handicap he was not entered for and i am sure there is no supplementary stage for hcaps
true no one forces people to back them
but the same comment applies to bet exchanges no one is forced into backing or laying
bookies gripes against exchanges is more to do with greed than any moral principles
September 6, 2002 at 08:25 #100177Not wanting to gang up on you, PR, but any bookie worth his salt will refund stakes on horses backed ante post which were declared to be non-runners at the time the bet was struck – it’s in the rules!
If a trainer says, "I don’t think I’ll run this horse in the Derby", but Joe Public asks for a price, he will be given one, with the caveat that the horse is an unlikely runner. Demand will ensure that a price is quoted, but that means that the betting public believe the trainer will in fact run, despite his words.
If a horse is not entered, bookies will note that it needs to be supplemented, and where a horse can not be supplemented into a race that has closed, all bets on said horse are void.
The major bookies are very PR conscious and will not look to stitch up punters for a few hundred quid.  If you have been refused payment personally, then sorting this out would be a doddle – there are several members with good connections to major bookies on this forum who could verify this.<br>
September 6, 2002 at 09:37 #100178Not all owners are bent………yes of course thats true but here is a true story.<br>A bookmaker friend of mine owned a Hunter Chaser called The P****** L*** it raced in a hunter chase at Plumpton 2 years ago came 2nd. The week later it was down to run at Parham Park (A point 2 point track near Pullborough). The horse had by far the best form and my mate got up on to his soap box last the odds on his horse were 2/5 he felt very generous and was giving money away it seemed as he was going 4/7 the second fav he ‘forgot ‘ to mark up so he took no money on that. I was asked to place quite a lot for him on the second fav there were only 4 runners and the other 2 would have had to start the day before to have any chance of winning!The Racing Post reported the race as such’ Fav P****** L*** seemed to be travelling the best throughout the race but horse had given away to much lead at the start but late headway to come 2nd.<br>2nd Fav won by the way. The trainer was later banned for something totally different. Her Jockey son got banned also although he is back now in racing.
September 6, 2002 at 16:46 #100179AnonymousInactive- Total Posts 2
bookies have been told for years what aint trying so why shout about it now
September 6, 2002 at 18:35 #100180This article in the Times yesterday is of interest.<br> <br>  <br>September 05, 2002
Bookmakers meet their match in Betfair<br>By Alan Lee, Racing Correspondent<br> <br> <br> <br>WHILE the traditional bookmakers marched to Portman Square yesterday, full of vested indignation about the hijacking of their customer base, the revolution rolled on undeterred. Betfair, the pioneer of exchange betting, is turning over £45 million a week in only its third year of business and its spokesman, Mark Davies, claimed yesterday it is “probably the fastest growing company in the countryâ€ÂÂ
September 6, 2002 at 19:35 #100181nick, if on course the horse opened 11/10 why is it dodgy that people are willing to lay evens on betfair?
September 6, 2002 at 23:48 #100182TheMaster ……
It’s dodgy because the horse had already been backed to 2/5 on course and had already been backed to about 1/2 on Betfair. £40K then appearing at evs is VERY dodgy IMO. :o
September 7, 2002 at 11:04 #100183nick, the idea that 2/5 was a fair price, is laughable, the reason it was because of a very weak friday afternnon market at Wolverampton which enabled off course bookmakers to manipulate the Starting price something they are finding increasinglt difficult to do
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