Today's Horse Racing

[spreadbetting]

Me & Shaun - Strategy double act

Derek & SB - Moral double act

I'm not trying to set any moral standards Simon , I've said plenty of times you can't get too moral when it comes to gambling as we're all trying to get mug money. All I've pointed out is the hypocrisy of criticising others morals when your own could be seen just as questionable.

Maybe I should have run a poll to gather some stats for you and Shaun to mull over to get a definitive answer on the moral fibre of past posting

[Derek27]

Just ripped somebody off again in the first at Mountaineer - he backed it at 3.9.

Starnilla, 00-00 Mountaineer.jpg

[SeaHorseRacing]

Sat on the fence with you guys having a bitch fight about morals.

But we’re does the morals end? Horses being bred to race, to profit which leads to many pain and suffering to which at the end is mainly because of gambling.

Personally, I like to think I have morals but I think we’re all here to make money and if you biding by the rules of the broker your betting with i personally think morals are not important.

I’m sure there’s many times where we’ve all broken our moral beliefs without realising and vise versa.

Personally I’d rather see a gambler or trader profit from someone’s loss than rather from a bookmaker.

I think morals should be pushed aside if your choosing a life in trading gambling.

At the same time, betting on the novelty markets like Elvis found alive with bookmakers... morally should they not be offering this bet?
Tricky one. I kind of have to agree with spreads points but at the same time I agree with Dereks, and Dereks probably more so.

[ShaunWhite]

Personally, I like to think I have morals but i personally think morals are not important.

I’m sure there’s many times where we’ve all broken our moral beliefs without realising and vise versa.

I think morals should be pushed aside if your choosing a life in trading gambling.

I couldn't agree less, and morality, like every other big question, isn't binary.

Remember the debate that occured after the Manchester bomb? viewtopic.php?f=49&t=13929&hilit=bomb+m ... &start=130 We all had varying degrees of feelings about it. Everyone did what we each felt comfortable doing in the heat of the moment and on the whole, those choices weren't critisised. Apart from me being told I'd struggle big time with an attitude like that by Simon . The only confusion seemed to be that I posted the news and the expected market reaction as a tip, but didn't choose to trade it myself. Was it different to trading news of a sabotaged pipeline? Probably not, but that's where it's a matter of personal choice. People are more complex than you give them credit for.

Personally I’d rather see a gambler or trader profit from someone’s loss than rather from a bookmaker.

Doesn't it depend on who it is? I'd rather see an honest businessman who's trying to make a living and who provides me with liquidity take the money, rather than a dickhead who usually gambles away the housekeeping. I'd rather judge people on who they are rather than the job they do.

[spreadbetting]

The thing I was pointing out was the fact if you want to criticise others morals make sure your own are in order first. Selling useless ebooks and actively past posting are on a par to me, in fact I'd stick past posting lower as in any other business it could be considered fraud.


Trying to deflect the issue by comparing it to laying at 4 when the odds go to 7 and gloating about ripping people off with poor odds aren't the same thing as I'm sure we all know. Past posting is simply looking to take bets after the event the other party has no chance of winning from. Obviously a large portion of the forum are OK with that but to me it undermines the integrity of the exchange.

[Naffman]

Ingenuity really not happy in parade

Thanks for that. I backed that and didn’t see the race.

No problem

Can be good to trade them as well as those at the races can see them well before a live feed does

[dragontrades]

Are there any spreadsheet templates that capture the traded range of each runner?

[Derek27]

The thing I was pointing out was the fact if you want to criticise others morals make sure your own are in order first. Selling useless ebooks and actively past posting are on a par to me, in fact I'd stick past posting lower as in any other business it could be considered fraud.


Trying to deflect the issue by comparing it to laying at 4 when the odds go to 7 and gloating about ripping people off with poor odds aren't the same thing as I'm sure we all know. Past posting is simply looking to take bets after the event the other party has no chance of winning from. Obviously a large portion of the forum are OK with that but to me it undermines the integrity of the exchange.

I don't know how long this is going to go on for, but the bottom line is that somebody wanted to lay this horse at 1.5, and I was simply obliging!

Betting is all about making money out of people who know less than you, haven't done any homework, don't bother checking if the race they're betting on is already run, etc.

The horse was trading above 4, it was backed down to 1.5 - that's enough information for anyone to question whether the race has gone in-play and if they want to continue to bet on the race without watching it they can't really complain if they get stitched up. We're all here to make money. It's not like you're playing squash with an eight-year-old and have to give him a fair chance!

Next time you lay a horse on the exchange, the person who takes the bet may be unaware that it doesn't go on soft ground - doesn't stop you from taking the bet.

You cannot compare the above to selling a system that's, not as you put it, worth less than advertised, it's worth zero, I wouldn't even use the pages of the book to clean up my cat's vomit - even that deserves more respect. And Mark stated that it's not cheap so no idea how much it costs.

Anyway, f**k trading, I'm off to a riverside pub garden to enjoy the sunshine for the rest of the day.

[spreadbetting]

I don't know how long this is going to go on for, but the bottom line is that somebody wanted to lay this horse at 1.5, and I was simply obliging!

Betting is all about making money out of people who know less than you, haven't done any homework, don't bother checking if the race they're betting on is already run, etc.


You cannot compare the above to selling a system that's, not as you put it, worth less than advertised, it's worth zero, I wouldn't even use the pages of the book to clean up my cat's vomit - even that deserves more respect. And Mark stated that it's not cheap so no idea how much it costs.

We're not talking about you laying trap bets or bets at poor value, we're simply talking about your "past post" bets. They're placing the bets in good faith unaware the result is known , your sole intention is to take their bet in the hope Betfair's incompetence at managing markets mean you can "rip them off", as you so eloquently put it earlier.

Anyway enjoy your trip to the pub someone may have left a wallet unattended if you're lucky.

[Dallas]

Been a bit of a mixed afternoon for me, hoping its a little better as we switch into the evening

[frankob20]

Its hard to scalp markets last few days

[Trading96]

Jashma is slight lay value I think

[dmbusa]

bad day today getting caught on the wrong side too often

[PDC]

Anyway enjoy your trip to the pub someone may have left a wallet unattended if you're lucky.

[dragontrades]

Think the commentator set that off