Home › Forums › Horse Racing › Why are the two biggest firms so slow to react?
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Anonymous.
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- February 18, 2009 at 17:20 #10287
William Hill and Ladbrokes do not want to take any sizable bets on this horse.
If they felt it would be beaten then they would be offering the biggest price.
They are likely to be aware that this will win and so do not want to take any bets on it.
They will however tempt you to back the majority of the other horses in the race by offering larger prices on them.
If the horse wins then far from there odds compilers taking a day off, they have done an excellent job,.
February 18, 2009 at 17:43 #210908I can’t see that Hills or Ladbrokes have done anything wrong. In the opinion of their odds compiler the horse should be significantly lower priced than others have. It’s their prerogative to set a price, and the punters to decide whether they wish to take it.
Assuming the major bookmakers work to more or less the same over-round then I’d expect Hills/Ladbrokes to be longer priced on one or two others in the field.
For what’s it worth I’ve got Working Title value at 6/1 in what looks an open contest. Out of four possibles the nearest I was to a bet mid morning was Quasar D’Oudairies, 11.0 required to bet, 8.6 available.
Rob
February 18, 2009 at 17:45 #210909
AnonymousInactive- Total Posts 17716
William Hill offering better odds on the other runners? – now, that would be a novelty.
Typically, they are currently shortest, or 2nd shortest, on all the first 3 in the betting!February 18, 2009 at 17:54 #210910Do you go into Tesco and tell them what price a tin of beans should be?
You have a choice, to buy or not to buy.
Rob
February 18, 2009 at 17:57 #210911Bookmakers are in contact with the majority of trainers.
Certain bookmakers have special relationships with certain trainers. The trainers give the bookmakers inside information.
In return for the trainers kindness, the bookmaker will allow the trainer to back his own horse to win with them.
Is a bookmaker crazy for allowing a trainer to directly place a win bet on t here own horse with them = No.
By allowing the trainer to bet with them, they have a deal that they also get told when there horses wont be winning.
Whilst the bookmakers are likely to be paying out money to the trainer when his horse wins, they know that they can offer the shortest price on that horse and so not attract any bets from normal large punters, who will shop around for the best price. They are then able to use there inside information to offer the biggest prices on the horses that they feel wont be winning – so making back the money that they will be paying out for the trainers bet and assuring there book is in profit at the end of the race.
The trainer will let there bookmaker know when there horses are unfit or when they wont be winning as well (not just when they want a win bet with them) to ensure that both the bookmaker and the trainer have a very profitable longterm relationship.
The secret is knowing which trainer is in league with the correct bookmaker.
The most well known link is Aiden O Brien and Ladbrokes although virtually all trainers have this special relationship with certain bookies.
You just need to know the correct bookmaker that the trainer bets with to be able to get free inside information.
February 18, 2009 at 18:09 #210916I dont remember saying that Henderson has a special relationship with Ladbrokes or Hills.
You need to know which bookmaker is educated on which trainer before you should jump to any conclusions, after all one bookmaker is always going to be shorter on a horse, if you dont know the relationship then dont assume anything.
Ladbrokes are certainly of the assumption that the Henderson horse will win though judging by there prices. I
Hills generally offer rubbish prices and dont like to take chances.
I will give you a free tip as a gesture and let you know that the Henderson horse is strongly fancied by Nicky Henderson and is expected to win.
Doesnt mean it will win, but it is expected to.
February 18, 2009 at 18:38 #210921
AnonymousInactive- Total Posts 17716
Do you go into Tesco and tell them what price a tin of beans should be?
You have a choice, to buy or not to buy.
Rob
Precisely Rob, which is probably why Tesco is surviving the recession, while Hills appear to be hanging on by the skin of their teeth.
February 18, 2009 at 21:16 #210938Bookmakers are in contact with the majority of trainers.
Certain bookmakers have special relationships with certain trainers. The trainers give the bookmakers inside information.
In return for the trainers kindness, the bookmaker will allow the trainer to back his own horse to win with them.
Is a bookmaker crazy for allowing a trainer to directly place a win bet on t here own horse with them = No.
By allowing the trainer to bet with them, they have a deal that they also get told when there horses wont be winning.
Whilst the bookmakers are likely to be paying out money to the trainer when his horse wins, they know that they can offer the shortest price on that horse and so not attract any bets from normal large punters, who will shop around for the best price. They are then able to use there inside information to offer the biggest prices on the horses that they feel wont be winning – so making back the money that they will be paying out for the trainers bet and assuring there book is in profit at the end of the race.
The trainer will let there bookmaker know when there horses are unfit or when they wont be winning as well (not just when they want a win bet with them) to ensure that both the bookmaker and the trainer have a very profitable longterm relationship.
The secret is knowing which trainer is in league with the correct bookmaker.
The most well known link is Aiden O Brien and Ladbrokes although virtually all trainers have this special relationship with certain bookies.
You just need to know the correct bookmaker that the trainer bets with to be able to get free inside information.
Well i have read some rubbish on these pages but this one takes the Biscuit! Ladbrokes offered me 14/1 about the Duke of Marmalade winning
the P.O,W at Royal Ascot, 2 months before the race and were 2 points bigger than any other bookmaker, bearing in mind the race was the Dukes
main target for the whole of the season, now surely if that was the case
Ladbrokes would have been the first to know, what with their "Special"
relationship with Aidan and co, so they certainly would not have offered that price,Ladbrokes are still the shrewdest bookmaker in the land!February 18, 2009 at 21:21 #210941
AnonymousInactive- Total Posts 22
I think it would be safe to say there is no relationship between Aidan himself and Ladbrokes
February 18, 2009 at 21:33 #210945The long and short on Ladbrokes’ morning lines were well worth noting. Maybe still are, even in these days of exchange-influenced monochromatic early-birds.
As for the points about Bookmakers’ contacts, some may recall Shooting Light’s win in the Aon Chase at 33/1. Hills were shortest in the morning at 14/1, if memory serves. Why? Perhaps because the owner was John Brown ex-MD of Hills…a nod and a wink blah blah
February 18, 2009 at 21:39 #210947If you’re going to get carried away with contacts look at Coolmore’s connection with another large bookmaker and you’d see how ludicrous the Ladbrokes assertion is.
February 18, 2009 at 21:52 #210948
AnonymousInactive- Total Posts 22
If you’re going to get carried away with contacts look at Coolmore’s connection with another large bookmaker and you’d see how ludicrous the Ladbrokes assertion is.
While I dont think the trainer would be talking to Ladbrokes I do think that they do have the best contacts within Coolmore. Surely DS must still be talking to them?
February 18, 2009 at 21:53 #210949I’m sure the likes of Mike Dillon talk to Tabor, Magnier etc. but I’d be far from certain that he’s giving him the nudge as it’s termed.
February 18, 2009 at 22:00 #210950
AnonymousInactive- Total Posts 22
I’m sure the likes of Mike Dillon talk to Tabor, Magnier etc. but I’d be far from certain that he’s giving him the nudge as it’s termed.
Surely Mr. Smith would be the one he is talking to?
February 18, 2009 at 22:22 #210952Now we have a Gambling Commision bookies have to be careful about admitting having inside imformation.A bet should be fair for both parties.Years ago they could brag about moles ect,they have to be a bit more discreet now.
If you go to back a certainty always buy a return ticket.
February 18, 2009 at 23:19 #210964Do we have to have another useless thread like this, what exactly are we going to learn , and in the grand scheme of things , does anybody care
can you guys go back to betfair and bore them silly please (no offence Marble) as this is plain stupid
smell the coffee please
Ricky
February 19, 2009 at 01:04 #210987Achtung achtung, Ricky has spoken.
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