Today's Horse Racing

The sport of kings.
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StellaBot
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5.10 Ayr Question of Faith should run well
frankob20
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Its almost impossible to be matched today
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Derek27
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spreadbetting wrote:
Mon Jul 23, 2018 3:59 pm
Didn't get away with it this time but you obviously have in the past.

Surely you can see the hypocrisy of criticising someones morals for selling systems when you're looking to take advantage of punters whose bets have already lost just because Betfair are more incompetent during the night shift. At least those system punters get a chance of winning and the fact Betfair are complicit too hardly makes it OK, I'm not sure anyone should look to Betfair as some moral guardian.
Are you telling me you wouldn't lay a rank outsider at 1.1 if somebody put in an order at that price, because it's obviously a mistake?

If somebody laid a horse at 6 and obviously didn't realise the odds on favourite has been pulled out of the race and the horse should be 2.8, would you not take that?

If you saw a horse yards from the finishing line 20 lengths clear of the field you would jump on it at 1.5. Now you're telling me if its nose just crossed the line you'd suddenly refrain from clicking!

Betting is all about finding outstanding value. 1.5 on a horse that's already won the race, is very much, outstanding value. If you think it's immoral to take it, what's moral about backing a horse at 16-1 that you know has a much better chance - aren't you ripping the layer off?

I'm afraid ripping people off is part of betting and actually the aim of the game - the greater the value in the bet, the more ripping off you're doing. It's not comparable to making false claims about systems.
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Derek27
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frankob20 wrote:
Mon Jul 23, 2018 4:45 pm
Its almost impossible to be matched today
I'm getting matched but struggling to find opportunities.
Jukebox
Posts: 1576
Joined: Thu Sep 06, 2012 8:07 pm

LOL Opportunities to back horses that have already one are a bit thin on the ground
StellaBot
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5.25 Lord Fendale should run well
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Derek27
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StellaBot wrote:
Mon Jul 23, 2018 5:20 pm
5.25 Lord Fendale should run well
I want to know which horses have already won but are still available to back. ;)
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Derek27
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Jukebox wrote:
Mon Jul 23, 2018 5:15 pm
LOL Opportunities to back horses that have already one are a bit thin on the ground
Good things come to those who wait.
Iolani, 17-25 Cartmel.jpg
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spreadbetting
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Derek27 wrote:
Mon Jul 23, 2018 4:54 pm
spreadbetting wrote:
Mon Jul 23, 2018 3:59 pm
Didn't get away with it this time but you obviously have in the past.

Surely you can see the hypocrisy of criticising someones morals for selling systems when you're looking to take advantage of punters whose bets have already lost just because Betfair are more incompetent during the night shift. At least those system punters get a chance of winning and the fact Betfair are complicit too hardly makes it OK, I'm not sure anyone should look to Betfair as some moral guardian.
Are you telling me you wouldn't lay a rank outsider at 1.1 if somebody put in an order at that price, because it's obviously a mistake?

If somebody laid a horse at 6 and obviously didn't realise the odds on favourite has been pulled out of the race and the horse should be 2.8, would you not take that?

If you saw a horse yards from the finishing line 20 lengths clear of the field you would jump on it at 1.5. Now you're telling me if its nose just crossed the line you'd suddenly refrain from clicking!

Betting is all about finding outstanding value. 1.5 on a horse that's already won the race, is very much, outstanding value. If you think it's immoral to take it, what's moral about backing a horse at 16-1 that you know has a much better chance - aren't you ripping the layer off?

I'm afraid ripping people off is part of betting and actually the aim of the game - the greater the value in the bet, the more ripping off you're doing. It's not comparable to making false claims about systems.
I'm not sure ripping people off with bets they can't possibly win could be considered offering them any value whatsoever, Derek, but always good to know where that moral compass points :) It's wrong to sell systems but fine to rip off punters by taking bets they can't possibly win in the hope they'll sneak thru Betfair's lax settlement procedures, check.
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Derek27
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spreadbetting wrote:
Mon Jul 23, 2018 5:37 pm
I'm not sure ripping people off with bets they can't possibly win could be considered offering them any value whatsoever, Derek, but always good to know where that moral compass points :)
Betting isn't about offering other people value - it's all about taking value for yourself. That's exactly what you're doing when you trade!

Given that the live feed was freely available it's most likely it was a bot offering 1.5. Bots use their speed to take advantage of me, so why not take advantage of their failures, it's all part and parcel of betting.

As a matter of interest SB, what's your position on backing the only standing horse left in a chase, if people are laying it at 1.01?
Jukebox
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The other guy could be greening up you know
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Derek27
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Jukebox wrote:
Mon Jul 23, 2018 5:52 pm
The other guy could be greening up you know
He would have nothing to gain by greening up. If the horse finishes he wins. If he doesn't finish - no finishers, all bets voided.

The question is, is it immoral to take advantage?

My view is that simply winning fair and square on Betfair is taking advantage of people who ultimately lose.
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Dallas
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spreadbetting wrote:
Mon Jul 23, 2018 3:59 pm
Didn't get away with it this time but you obviously have in the past.

Surely you can see the hypocrisy of criticising someones morals for selling systems when you're looking to take advantage of punters whose bets have already lost just because Betfair are more incompetent during the night shift. At least those system punters get a chance of winning and the fact Betfair are complicit too hardly makes it OK, I'm not sure anyone should look to Betfair as some moral guardian.
Personally speaking, I couldn't in good conscious knowingly take a bet in these circumstances
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Derek27
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Dallas wrote:
Mon Jul 23, 2018 6:08 pm
spreadbetting wrote:
Mon Jul 23, 2018 3:59 pm
Didn't get away with it this time but you obviously have in the past.

Surely you can see the hypocrisy of criticising someones morals for selling systems when you're looking to take advantage of punters whose bets have already lost just because Betfair are more incompetent during the night shift. At least those system punters get a chance of winning and the fact Betfair are complicit too hardly makes it OK, I'm not sure anyone should look to Betfair as some moral guardian.
Personally speaking, I couldn't in good conscious knowingly take a bet in these circumstances
Would you have an issue with taking a fat finger offer, which is highly likely a mistake or malfunctioning bot?
LinusP
Posts: 1918
Joined: Mon Jul 02, 2012 10:45 pm

I think it’s fine, Derek is still taking a risk and is assuming that he knows more than the other player as there there could be a stewards enquiry.
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