The Dark Side of Trading/Gambling

[Euler]

People tend to sensationalise things a lot.

They get stuck in conspiracy theories when the reality of the situation is far more mundane and in fact, the conspiracist is often heading a theory to justify some internal discrepancy themselves. I'm not aiming that at anybody here, it's just my observation of how the world works.

I'm often accused of having made the last 18 years up to flog a bit of software, when in fact, I've actually underplayed things. When I offer the chance for people to see that first hand they just run away. Because that would crush their own views, so rather than accept things it's easier to dismiss the evidence on their terms.

[Euler]

On the syndicate side, I went to visit one of the bigger ones and it was incredibly impressive. I'd imagine they are pushing the boundaries of what they do, but from the top level, I just saw a well organised, well-run group of individuals working on some complex problems.

By an amazing coincidence, I was in a meeting with a service provider of some information and he let slip in a roundabout way that he had done business with them, so I was able to figure out one of the things that they were using for an edge. It's always worth researching everything and keeping your ear to the ground. Leaky lips sink ships etc.

[ShaunWhite]

I have connections within the industry and experience and I know a lot of laying that goes on.

I only decided to go racing today because I had word of a horse that wasnt trying

I assume you'd be prepared to report this activity to the police and racing authorities? They would be very interested in your public admission that you have firm evidence that a crime was committed and that you knowingly benefitted from this crime. As a law abiding citizen that cares about race fixing, give me one reason why I shouldn't make the authorities aware of your involvement in this fraud.

Had to double take, i doubt his claims are genuine and if so.. who would be so stupid to share this lol have they not heard of that once famous plump trainer with the champ jockeys

I agree, but it's not the first time he's talked about having bent connections. To moan it goes on and then be involved with it really is taking the biscuit. It is odd though to have this knowledge and then want to go to the race, the one place where you shouldn't be laying it. Young people have a strange habit of boasting about their crimes, like those who grow a bit of weed and then walk around in a hemp leaf t-shirt.

[bennyboy351]

IMHO, whether horse racing - or any other sport for that matter - is bent depends to a great degree on how you define bent.

If you choose to use the simplest definition, that is, the breaking of the accepted rules of a particular sport, then I'd say most sports aren't bent.

That said, I have no doubt that in the world of horse racing and greyhound racing for example, then from an owner/trainers point of view, things can be done to improve one's chances of achieving one's desired result.

I am pointing no fingers here, but lets - for example - take an odds on favourite. The world and its Mother are backing him/her and its obvious(!) the animal is going to win. But then, wham! it fails to even place. Is that due to a 'fix' or has Dobbin/Rex just been given a bit of extra grub pre-race which has meant that he/she hasn't performed as they should have? Is that 'illegal' or just 'gamesmanship?'

I'm not even sure whether horses/dogs can be 'nobbled' pre-race like I mention above. All I'm trying to put across, is my view on how a particular sport may or may not be 'fixed'.

Look at motor sport as another example. In Formula 1 in particular, we have countless cases in the past, where drivers have been instructed to allow their team-mate to win/finish higher up on the leaderboard, to ensure a Championship win or the like. Is that illegal - or again, mere gamesmanship?

I guess that as long as we have money and as long as we have gambling, then someone, somewhere, will find a loophole and exploit it! IMHO it is money that is 'destroying' sport, not the Exchanges themselves.

My answer? Don't take anything at face value and DON'T assume that its easy! I did - and I'm still trying to recover from it! LOL

All the best
George.

[Euler]

The distribution of wealth in sport is unequal so that often creates an incentive, which is unfortunate.

I read somewhere, still on my hard drive, that you have to be in the top 500 to hope to break even on the Tennis tour. There are somewhere around 4.5-6k players on the circuit I think. I'll have to dig out the report.

[crazybass]

Someone once told me the only thing you can bet on that is not fixed or influenced by others is the weather lol

[ShaunWhite]

Someone once told me the only thing you can bet on that is not fixed or influenced by others is the weather lol

https://en.wikipedia.org/wiki/Beijing_W ... ion_Office

[Dublin_Flyer]

I was thinking the same thing, but in my mind it was the Russians doing the cloud seeding/dispersal. Something about it never raining when there's a parade in the Red Square.

[Arnold1]

I was thinking the same thing, but in my mind it was the Russians doing the cloud seeding/dispersal. Something about it never raining when there's a parade in the Red Square.

totally agree with you, they rule the world even if we don't want to accept it

[Dublin_Flyer]

I was thinking the same thing, but in my mind it was the Russians doing the cloud seeding/dispersal. Something about it never raining when there's a parade in the Red Square.

totally agree with you, they rule the world even if we don't want to accept it

Apart from the 3 R's that are essential to every childhood education......Rugby, Rocky 4, Rap music

[Dublin_Flyer]

https://www.rte.ie/sport/soccer/2017/05 ... lone-town/

[deansaccount]

On the syndicate side, I went to visit one of the bigger ones and it was incredibly impressive. I'd imagine they are pushing the boundaries of what they do, but from the top level, I just saw a well organised, well-run group of individuals working on some complex problems.

By an amazing coincidence, I was in a meeting with a service provider of some information and he let slip in a roundabout way that he had done business with them, so I was able to figure out one of the things that they were using for an edge. It's always worth researching everything and keeping your ear to the ground. Leaky lips sink ships etc.

Very impressive. I assume you are referring to market manipulation? Does this have anything to do with cross matching, by any chance?

[Rstrach]

https://www.rte.ie/sport/soccer/2017/05 ... lone-town/

Very interesting thanks for sharing i once watched a small youtube video stating that 2 ryman league english teams were investigated as they had taken more volume in bets than barcelona vs espanyol on the same weekend on the game! Will try find article.