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Offline Wenona

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O.P. « 2019-Mar-08, 09:51 PM »
I back a dogs winner to their max liability and they take 52 minutes to settle. Get on the live chat and get this bullshit about how their terms allow them to wait an hour before settling.

Complete Bullshit.

Offline Dave

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« 2019-Apr-04, 03:20 PM Reply #1 »
Your lucky, my limit with them is $10.....and that isn't a $10 bet....I can only bet to win $10 i.e. if the horse is paying $34 I can only get on for 30 cents! if it was 100/1 they would take a max bet of 10 cents!......the worlds biggest Bookie?? the worlds biggest is correct but I would like to dispute the Bookie part?
In the interests of full disclosure and to be fair I was winning over a long period with them
and I know how to win off them without even having a "real" bet, no risk and 100% guaranteed success.....there is a chink in their system.....in saying that it was there last time I bet with them, it could be closed by now

Offline Wenona

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« 2019-Apr-04, 07:57 PM Reply #2 »
They are required to lay a greyhound to lose $500 within two hours of the first race of a meeting for a regional greyhound race.

i haven't had a problem with that aspect.

Offline Dave

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« 2019-Apr-04, 09:54 PM Reply #3 »
I could probably get a bet on after 9am but by then they rarely are offering overs, I find they make a lot more mistakes with their opening prices than other Bookies.....but they realise I was better at it than they were.....to be fair they are pricing 1000's of horses and I do a lot less races and I just look for errors and let the law of average(overs) allow me to win.....it is the early prices I can't access anymore.....
Still they are supposed to be Bookies, they put the prices up (at a huge percentage in their favour) and want punters to bet with them........
My (win)strike rate was poor, that explains why I lasted for so long, they took a long time to profile me as a likely winner as I wasn't doing what they think winners should do......it isn't really winners they ban, it is how they profile you, they sometimes ban losers because they can see what you are doing and if you do what recognised winners do they profile you as a likely winner....of course I am only guessing at that but it seems logical to me as I was winning for years before I got restricted

The question is why did they think your bet was suspicious? They are obviously watching you.....my guess is your days are numbered, especially if you back another winner too soon??

Offline Wenona

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« 2019-Apr-05, 06:19 PM Reply #4 »
They're always first up so you have to give them some credit for that, even though I can't get on.

The rules about fielding on Victorian Greyhounds include a you can't close accounts clause so I think I'll still be able to get on two hours before the first.

The reality is the corporates are all betting 130%+ and even though I think something is big overs the times it starts a much bigger price on betfair in a 102% market actually makes up for the times it shortens by post time.

Bet365 are also a little tardy shortening when a move is on so they do still play a part in my betting.
« Last Edit: 2019-Apr-05, 06:27 PM by Wenona »

Online arthur

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« 2019-Apr-05, 08:21 PM Reply #5 »
Well here is my tale of woe . .

I can't get on with 365 . . same story as Dave & Wenona

Yesterday, I had a horse that 365 put up @ 51.0 and had to wait an hour or so before the others went up

SB were the only other to put up 51.0 and 14.0 for the place . . Now whenever I bet with SB they cut the price to ribbons, so I thought that I would be clever and put my place component (a miserable $5, I might add) on first

Presto-Change-O . . Before I could put my win bet on (a miserable $10, I might add) the win odds had become 15.0

Naturally, I got the $hits and said unkind things about unmarried parents who let their sons grow up to be corporate bookmakers . . and didn't take the 15.0

Net result is that said horse won, and was returned @16.0 . . and Arthur received a $500 lesson



The bloke who said that the last chapter in the book "How to Do Your Dough Cold!" will never be written was a super optimist  :sad:

Offline stevo63

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« 2019-Apr-06, 01:48 PM Reply #6 »
The whole 9am betting start for restricted punters is total crap and needs to change , you put a price up , take the bet to MBL , it's not a sheep station the piddly limits for crying out loud......and in reality you cant get on by being  honorable but the bigger punters with bowlers still get on , they really have to go

Offline Peter Mair

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« 2019-Apr-06, 08:00 PM Reply #7 »


They are either rookmakers or bobbers  -- Racing Australia should ensure they are neither.

Offline Dave

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« 2019-Apr-08, 12:27 PM Reply #8 »
Let's be fair to the Corporates, putting prices up on Wednesday for Saturdays races is a relatively new phenomenon, it is fraught with danger for Bookies even though they go up with high percentages for insurance,
There are some very smart and very big punters out there looking for mistakes and remember Punters might only have one or 2 bets, it is completely at the punters discretion whether he will accept a price offered.....
While of course I don't like being restricted I do understand where they are coming from, they are a business, if a shop has a line of products that isn't profitable they will usually discontinue it.....that is how business works
After 9am on race morning that is when the minimum bet rules "kick in" even that is far better than it has been in the past
Bookmaking is not like any other business in that pricing what a horse is "worth" is pure guess work, not like any other product on the market.....
It would be very easy for a bookie to go broke without certain rules in play, they are sitting ducks for smart punters, the flucs from Wednesday to Saturday are huge at times,
The percentages may seem like they don't change much but if you look at the top price bet about every horse in a race over the 3 days I reckon in a lot of races it would be under 100% meaning if every horse was backed at the top price bet Bookies would be guaranteed to lose on a race
then they have their overheads to cover as well, they are really working on low percentage on turnover profit, they need to turnover a lot of money and not from "smart" punters
I.E. there was a well advertised punter who had 2 bites of Pierata in early markets on Saturday, $30,000 each bet in a market of probably 130% it was a stupid bet regardless of the result, he would have received a better price if he had waited and winning is all about the price you get when you win
picking winners is the easy part, every single punter backs winners........but very few actually win........
If you always do what you always did, you will always get what you always got!
In short I don't think punters have ever been better off, the trick is to learn how they work, there will always be opportunities to beat them, I would rather be a Punter than a Bookie any day
P.S. does Bet365 still offer cash out on single bets??

Offline Mick

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« 2019-Apr-08, 01:42 PM Reply #9 »
Received a message last week to say I am no longer eligible for cash outs.
Though it was just another restriction they placed on my account.

Online arthur

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« 2019-Apr-08, 01:59 PM Reply #10 »
if a shop has a line of products that isn't profitable they will usually discontinue it.....that is how business works


Obviously because they continue to put up early markets, it must be profitable

365 is always first up with the provincial meetings where I bet . .

Perhaps they have weeded out all the punters who can pick the horses whose prices are out of order

And after 9am raceday, corps don't do their image any favours by reducing the price when a 'flagged punter' tries to get on . . and then reinstating it when that reduced price is rejected

Offline Peter Mair

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« 2019-Apr-08, 06:34 PM Reply #11 »


.... these shops should be closed for discriminating against that rare race of clever punters.

Offline Dave

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« 2019-Apr-08, 09:30 PM Reply #12 »
Look I never said I like or even agree with what Corporates do on every thing, I am just saying that I try to "understand my enemy" if you just sit back and whinge and not see what/if you did wrong.....you are doomed to repeat it.....in the end you will get banned by every bookie if you are good,
The trick is to fly under the radar.....I got banned from 365(well not banned exactly, more like restricted) but I know why.....I got greedy and I knew it when I was doing it......so I got stupid too........
I knew how to win small amounts off them for years but it was too easy, I got over confident and took too much.......but it was more about how I did it, not just about how much I won,
How much you win just sends up a flag and they carefully monitor what you are doing to see if you were just lucky or could you do it repeatedly over time......
In saying that you can get banned when you don't even win if you get profiled as a "Probable winner" by how you bet, sometimes you need to be inconsistent so they don't know what you are doing.....
Never put all your bets on with one, 2 or even 3 bookies.....spread them out so you have losing days with all of them but not all of them at once, When you cover all your losses from one or two bookies the others don't know, they assume you had a losing day
I bet with probably 9 or 10 bookies and have accounts with a few more....try to keep 'em guessing, some times I go for weeks I won't bet with a few bookies, so they always think I am recreational...

Now I may be paranoid but it is part of the game, I assume they are out to get me and I can't afford to get banned from all of them!!
So far Bet365 has me on the worse restrictions, all of the others have severely cut me back on the price increases....i.e odds boost/Power plays etc but I can live with that, it was only one a day anyway
The question is am I paranoid.....or are they really out to get me?

Offline Bubbasmith

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« 2019-Apr-08, 09:54 PM Reply #13 »
A mate of mine was restricted in his racing bets, now they have restricted any bets he wants to place on the federal election. How do racing bets relate to politics , he has no inside running on politics .yet is restricted.

Online JWesleyHarding

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« 2019-Apr-09, 08:30 AM Reply #14 »

Offline Bubbasmith

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« 2019-Apr-09, 12:43 PM Reply #15 »
JWH, I should have posted "one of my many mates" , if that makes you feel better

Keep your sniping to the Soap Box. emthdown
« Last Edit: 2019-Apr-09, 12:45 PM by Bubbasmith »


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