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I was reading an article in Sat’s Irish Star about a punter who placed a bet a €100 on a 12/1 in the virtual racing this virtual horse won when he went to collect his winnings the person behind the counter told him that he was to late placing his bet therefore it was declared void and they returned his stake of €100 the question he asked and i think it’s a fair enough point was if it had lost would they have returned his stake?? the article also made the point of how much of a bookies profit is made from this, the punter in question also said that the bookies should refund him a lot more as he had made several bets with the same sort of time frame and why wouldnt they refund those???
i think the punter is correct and it’s another sign of the greed of a bookies and that there should be some sort of device in place that when you place a bet for any race if your too late it cant be accepted virtual or real..!!!!serves him right really having that sort of money on virtual racing…
good point mick
it would be the same for real racing as well
A device in place to prevent such bets getting on in the first place would be nice BUT not as nice sending a memo to managers to doctor the void bets and settle them as losers as one bookie run by people with no morals did. Nor as nice as getting fat on the sleepers as all the rest do. Did you realise that it is a disciplinary offence at (at least) one bookmaker for staff to alert customers that their bet is void when the beast loses?
i would well believe it Glenn i wonder just how much money they make this way and would thid information be available to the Public?
They won’t say. I’d love to dig out some quotes from a special series David Asforth did on sleepers a few years ago but the racingpost site is playing up.
I’m pretty sure Slimey Clare said they didn’t know how much they made from sleepers. Maybe they need to get some new accountants!
I do think bookmakers are a bit out of order when it comes to this though and I have never seen one of those that dash across to the betting terminal win as far as i can remember. Surely there must be laws or something against it..
A few years ago the TV company were late going to the Irish Guineas, Although I got through to my bookie in time she was so slow in putting the bet on, the race had already gone a couple of furlongs when she finished. "Can’t except your bet sir, the race has already started". Needless to say the thing won.
Then, at Ascot in a sprint the same thing happened, only this time it was a loser. After the winner had passed the line she said "bet has been accepted sir". I said "no it has not, I want my money back". She was quite adamant I would not be getting a thing, "you can not take the bet back once it has been struck". I asked to talk to the manager but none was available. She said she would get him to call me back. When he did, I got the same sought of mantra I’d been getting from the woman. I pointed out that under the rules of betting there must be a possibility of winning. When the bet was struck the race had finished. Only then did I get my stake back.Makes you wonder how many people who don’t know the rules, have lost money like this.
Ginge
Value Is Everythingi have been in a bookies a few times and herad a few heated arguments about bets not been in on time i hope i am there the next time as i would love to see the face of the bookies when the question is asked..
Without figures- but with a few years of LBO experience- I’d make the assertion that to claim sleepers make up any significant % of a bookmaker’s profits at all would be nothing short of laughable!
That doesn’t make what Corals did right though. If individual managers want to take that route and use their discretion it should be their prerogative.
Yes, I have a friend, well more of an acquaintance actually, who put a bet on a 10f handicap (pre-race) with a bookmaking firm devoid of any morals at all. They finally accepted the bet with a furlong to run, which was nice of them. It would have been nicer if the horse could be seen with any sort of chance at that stage.
He had to go to IBAS and wait best part of a year to get his stake back.
Without figures- but with a few years of LBO experience- I’d make the assertion that to claim sleepers make up any significant % of a bookmaker’s profits at all would be nothing short of laughable!
That doesn’t make what Corals did right though. If individual managers want to take that route and use their discretion it should be their prerogative.according to the said article i read, the Journo was under the impression that a good % of profit would be down to this, i know there is no way of confirming this just like there is no way to dispell it!!!
all i can say to you Ginge .fool you for leaving it so late
Yes true mate, but it is also foolish to bet without knowing the odds and the Irish race was not on teletext. Wanted to see how some of the horses were at the start at Ascot, some were known to ruin their chance by playing up / sweating.
Does pay off leaving it late sometimes though, at Longchamp, I was just finishing my bet when the gates opened and my horse swerved and unseated rider. So I promptly cancelled. Think it was a Godolphin thing Sea something.
Ginge
Value Is EverythingIt is a shame bookmakers on couse do not want to take bets after the off these days. When identifying a race with no usual front runner, I used to stand by the bookmakers as if I could not decide who to back. Then after they’d gone 30 yrds, back the leader. A horse getting a soft lead in a slowly run race has usually got a better chance than the betting indicates. One afternoon at Wincanton I backed three winners like this, all of them at descent prices.
Those bookie chaps are nice blokes really.
Ginge
Value Is EverythingOne bookie that I used to frequent, never seemed to notice non-runners in mutiple bets. I actually got a 10p Heinz up one day, including a NR.I knew exactly how much was to come £140 approx, he gave me £80. When I pointed out the NR he suddenly found the difference. I wonder how many people would have accepted the £80 though?
I've stumbled on the side of twelve misty mountains
I've walked and I crawled on six crooked highwaysOne bookie that I used to frequent, never seemed to notice non-runners in mutiple bets. I actually got a 10p Heinz up one day, including a NR.I knew exactly how much was to come £140 approx, he gave me £80. When I pointed out the NR he suddenly found the difference. I wonder how many people would have accepted the £80 though?
good point….over x-mas for the leopardstown races i did a lucky 63e/w i had 3 winners 1 placed and two non runners as i know the shop in question has people working in it that dont have a clue i was going to let my other half collect it for me but then thought "hang on i bet they will not pay up for the non runners" when i went to collect low and behold they had got it wrong i put them right stayed at counter whille clerk checked docket and got the rest of my money i also thought how many would have taking there money then walked away??? non the wiser…..
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