Victor C

[casey jones]

You have to love Bookmakers , they have milked the game for years and ripped punters off and made hay in the good times. Now the industry has had a major shakeup and new blood has appeared in the form of the betting exchanges, bookmakers are squealing. The suggestion that the leading exchange should charge layers 10% to lay horses is absurd and clearly not going to happen secondly the exchange is not going to swallow the charge. The sponsorship this exchange puts into racing along with other sports is phenomenal, yes is raking it in but that’s because it was a fantastic idea and it’s been well managed. Because it’s a huge success’s feels it should be penalised, charging layers 10% will lead to no liquidity victor!

[Gingertipster]

Re: VIctor C Seems to me as though betfair are not quite as good as others try to make out, particularly Channel 4. Depends on the time you want to bet. If you look at Early Prices, bookmakers "best prices" as seen on oddschecker are usually better than betfair (when taking commission in to account). Betfair gets great publicity from C4 Racing. Everyone knows on course bookies are working to a greater over-round these days. Especially near the off. It's obvious at the time C4 are comparing prices (late on), betfair will be better. Yet people don't seem to realise at that time, off course markets are greatly influenced by what's happening on course (in the paddock and to post). There's people telephoning from on to off course, telling them who's well muscled up, who needs it and who's sweating up etc. Hence some violent swings in late market activity on betfair. Can't see why bookmakers have not started an exchange themselves.:ok

[casey jones]

Re: Victor C Can't see why bookmakers have not started an exchange themselves.:ok Very good point Ginge I would suggest it would be too big a risk, and is there room for another exchange? B----q have tried to get a share of the market but the truth is B----f are the daddy of exchanges. You are right on several points, the novelty will wear off at some point but the 'Modern' punters will always need a platform to trade from.