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- This topic has 25 replies, 9 voices, and was last updated 9 years, 8 months ago by
Gingertipster.
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- October 20, 2016 at 10:46 #1267873
Ginger is saying if a horse is fav at evens is has the same chance of winning as the rest of the field
if the horses odds are bigger than evens say 5/4 it still has the best chance of winning as an individual horse but the rest of the field combined have the best chance overall in that race.Gaelic Warrior Gold Cup Winner 2026
October 20, 2016 at 13:14 #1267877So to be clear Gingertipster if you consider a horse has a 51% chance of winning and you back it, you think it will probably win but if you consider a horse has a 49% chance of winning and you back it you think it probably wont win?
I think that is correct, although a very thin margin between winning and losing. But if the Bookies only believe it has a 40% chance of winning then GT would back the horse.
October 20, 2016 at 19:43 #1267909So to be clear Gingertipster if you consider a horse has a 51% chance of winning and you back it, you think it will probably win but if you consider a horse has a 49% chance of winning and you back it you think it probably wont win?
Regarding the Prof and his advert he does have Minding 4/7 on his board.
Nevertheless I think the advert is well worth being looked at by the ASA, as it’s your baby do you want to report it?
Wish I hadn’t mentioned percentages now, it’s confused the issue. As far as this thread goes it does not matter what I think. Point is if VC Bet offer an Early Price of odds-against (and most favs are odds-against) then VC Bet themselves believe the favourite will in all probability lose. The exact opposite of their advert.
Think it would be a waste of time reporting the advert tbh Yeats, but if you want to then be my guest.
Value Is EverythingOctober 23, 2016 at 07:39 #1268302Dreamfield was 33/1 to win by 9 lengths or more.
Take your point, but not trying to mislead anyone and just lost in translation.
Naturally, should read as ‘You never have to back a horse at odds-on ever again with Lengthen the Odds’
Jack
October 23, 2016 at 08:11 #1268304And to be clear; who is forcing people to back these markets?
We were Annie Power Evens to win the Aintree Hurdle by 3+ lengths, did the percentages/probablity make that a fair price?
The advert has shown on RUK only, so not sure you comment regarding adverts on before 9pm. The type of usual pernickety stuff that has made the forum a bore and a turn-off in recent times (Sorry DC)
October 23, 2016 at 10:55 #1268323And to be clear; who is forcing people to back these markets?
We were Annie Power Evens to win the Aintree Hurdle by 3+ lengths, did the percentages/probablity make that a fair price?
The advert has shown on RUK only, so not sure you comment regarding adverts on before 9pm. The type of usual pernickety stuff that has made the forum a bore and a turn-off in recent times (Sorry DC)
They are perfectly valid points about both the misleading nature of the advert and it being on prior to 9.00pm.
Or are you saying if there was a blanket ban on bookmakers advert prior to 9.00pm, as hopefully there will be, it would not apply to channels like RUK?The distance markets etc would be perfectly acceptable if bookmakers took decent bets on normal markets in the first place but none of them lay 2 bananas to a banana. They just want mugs to give them money, they entice newcomers in with all these special offers but if they show level any knowledge or intelligence they are quickly discarded.
It was laughable Friday and yesterday you giving ante-post price changes for the festival after races and so was RUK for broadcasting them.
Every facet of horse racing is corrupted by bookmakers, all the racing channels including C4 and no doubt ITV, the Racing Post should have been leading with “Clampdown on Cheating Bookmakers” on Friday nevermind The Times.
If the forum is a turn off and bore for bookmakers lackeys like your goodself and LostSoldier3 then it’s doing a good job in my view.
October 23, 2016 at 15:45 #1268354Dreamfield was 33/1 to win by 9 lengths or more.
Take your point, but not trying to mislead anyone and just lost in translation.
Naturally, should read as ‘You never have to back a horse at odds-on ever again with Lengthen the Odds’
Jack
Bullshit!
“Lost in translation” is the excuse all misleading adverts give?
Fact is, it is in VC Bet’s best interests to make out favourites have a bigger chance than they actually do. Because if punters are decieved in to thinking the favourite is bound to win then they’re far more likely to bet on the winning distance, taking shorter prices than probability suggests.
Bookmakers are probability experts and I find it extremely unlikely VC Bet do not know exactly what they are saying.
Do you agree JM that in most races the probability is most favourites will LOSE?
Value Is EverythingOctober 23, 2016 at 18:31 #1268378“if punters are deceived in to thinking the favourite is bound to win” then those punters are doomed regardless of the markets they bet on.
Exactly the type of punters they (all of ‘they’, not just VC) are looking for. And exactly the customers we’d all be looking for were we running a bookmaking enterprise.
October 23, 2016 at 19:13 #1268384“if punters are deceived in to thinking the favourite is bound to win” then those punters are doomed regardless of the markets they bet on.
Exactly the type of punters they (all of ‘they’, not just VC) are looking for. And exactly the customers we’d all be looking for were we running a bookmaking enterprise.
That makes it ok to lie/deceive then?
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