Britain at the Bookies

Relax and chat about anything not covered elsewhere.
poklius
Posts: 105
Joined: Sun May 17, 2009 11:58 am

Series is constantly pushing "bookies vs punter" as equals idea. Bookies taking losses, Coral traders setting prices by just looking at Racing Post (lol, that was hilarious), not a single mention of overrounds or exchanges. But I guess that's like rocket science to most punters..
Guy that writes to Racing Post has some serious gambling problems, cant believe anyone would follow his bets...
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LeTiss
Posts: 5485
Joined: Fri May 08, 2009 6:04 pm

poklius wrote: Guy that writes to Racing Post has some serious gambling problems, cant believe anyone would follow his bets...
Yes, I was staggered by that guy

When they first introduced him as Racing Post's Golfing expert, I thought he was going to be a real shrewdy.

He ended up looking very insecure and not very successful at betting at all

The most switched on character was the guy betting £1-£5 at Doncaster
marko236
Posts: 737
Joined: Fri Jul 12, 2013 11:54 am

Had to laugh at the racing post guy when he said he needs 5k bank, if he had any edge he could start with 1k and turn it into 5k in no time, on the other hand the guy at Doncaster would do very well betting or trading on betfair he's willing to put the work in to find an edge and bets sensible amounts of money.
PeterLe
Posts: 3726
Joined: Wed Apr 15, 2009 3:19 pm

The racing post guy didn't do himself any favours. There's only one way his bank is going.
If he is an 'expert' god help the others!

Ben has a nice little business there. I bet he merely takes the bet and then lay it off on betfair making an instant profit. (Bet he doesnt even pay PC with that model either)
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Kai
Posts: 7109
Joined: Tue Jan 20, 2015 12:21 pm

So the show is not worth watching then?
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Archangel
Posts: 2008
Joined: Thu Jun 27, 2013 3:03 pm

You wont learn much from watching it no. It was the same again last night, featuring a young man hopelessly addicted to FOBT machines, remarkably similar to the young man in episode one. Last night had some interesting parts, particularly the bookies at the greyhound track, really a dying breed, using the old tick-tack signs.
Coral holding champaigne lunches for "high" valued customers, pro bettors, who are supposidly successful..... no mention of the exchanges, again made me laugh
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Kai
Posts: 7109
Joined: Tue Jan 20, 2015 12:21 pm

Cheers Archangel. I'm not a Brit but I'll check it out to at least gain a bit of perspective.
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

I think the main thing to take away from programs like that is that it shows the mentality of people you're generally betting against. It's hardly surprising Betfair want to direct them to the sportsbook rather than let us lot empty their wallets on the exchange.
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LeTiss
Posts: 5485
Joined: Fri May 08, 2009 6:04 pm

I'd like to see a 1 hour show dedicated to the dwindling fortunes of the Greyhound industry
mcfc1981
Posts: 355
Joined: Tue Oct 27, 2009 11:54 pm

got to laugh how the coral trading team make out that they are super shrewdies who price up events.....err no u look at betfair and price it a couple of points below for the mugs.
the small punter who landed a 20/1 and a 16/1 at doncaster seemed very convenient.
golf expert claimed he would have had his 5k bank if van gerwen won worlds off 1k bet.....was van gerwn really 4s at the start???
all seems very staged
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Archangel
Posts: 2008
Joined: Thu Jun 27, 2013 3:03 pm

LeTiss 4pm wrote:I'd like to see a 1 hour show dedicated to the dwindling fortunes of the Greyhound industry
They seemed to imply last night that Coral kept Romford going just so they could stream it into the betting shops
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Euler
Posts: 26429
Joined: Wed Nov 10, 2010 1:39 pm

spreadbetting wrote:I think the main thing to take away from programs like that is that it shows the mentality of people you're generally betting against. It's hardly surprising Betfair want to direct them to the sportsbook rather than let us lot empty their wallets on the exchange.
I'd echo those comments as that's pretty much what I took away from last night's programme. I have to say every single documentary, article or piece I see on gambling is about how bad it is and how the industry is ripping off stupid punters. I'm sort of resigned to the fact that that's how will always be portrayed. I've pretty much given up trying to put forward the alternatives despite my experiences on the market.

http://www.betangel.com/blog_wp/2013/11 ... ournalist/
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