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Corporate bookies - Racing Talk - Racehorse TALK

Author Topic: Corporate bookies  (Read 20566 times)

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Offline dubbledee

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« 2012-Oct-20, 08:28 PM Reply #50 »
They're pommies, aren't they?

 :yes:

Offline D-G

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« 2012-Oct-20, 08:29 PM Reply #51 »

I have a few bets on trots and dogs.  That will put them off the scent, surely?

Hopefully  :x:

It is a game and knowing how they work is an advantage.

Offline Wenona

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« 2012-Oct-20, 08:29 PM Reply #52 »
Empty your account, change your address details, wait a couple of weeks, set up the account in your partners name ... should be sweet.


Offline D-G

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« 2012-Oct-20, 08:29 PM Reply #53 »
arakaan2 surely will throw them off the scent.   :biggrin:

  :lol:

Offline JWesleyHarding

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« 2012-Oct-20, 08:35 PM Reply #54 »
arakaan2 surely will throw them off the scent.   :biggrin:

If you can continue a wiining sequence, for a small, yet increasing fee, you can use JWH as your nic. :beer:

Online wily ole dog

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« 2012-Nov-07, 09:57 PM Reply #55 »
Anyone have advice on what pays the best divvy with sportingbet?

Place divvy in particular. It appears to the best options are the SBO or NSW tote. Anyone done any research on it?

Offline Wenona

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« 2012-Nov-07, 10:04 PM Reply #56 »
On metro racing, if you take a fixed place price with Bet365 and a tote/s pays better than your price they will pay you the best tote.


Online wily ole dog

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« 2012-Nov-07, 10:05 PM Reply #57 »
Thanks mate. I think sportingbet calls that the maxidiv

Online wily ole dog

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« 2014-Jul-09, 08:25 AM Reply #58 »
After yesterday I'm curious as to what "top fluc" means

Sportingbet says it was $13 for a thing called Sir Blaze which bolted in at Beaudesert in the last. I secured $17 with the TAB. Is top fluc only for their own organisations prices?

Offline Lert

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« 2014-Jul-09, 08:50 AM Reply #59 »
After yesterday I'm curious as to what "top fluc" means

Sportingbet says it was $13 for a thing called Sir Blaze which bolted in at Beaudesert in the last. I secured $17 with the TAB. Is top fluc only for their own organisations prices?
I believe it refers to the "official" price fluctuations recorded by the stewards on track.
It used to take account only of on-course bookies prices.
I think, these days, it is influenced by corporate bookies as well as on-course bookies prices, but I am not sure how they do that.

Offline Authorized

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« 2014-Jul-09, 12:03 PM Reply #60 »
http://www.punters.com.au/odds-comparison/horse-racing/australia/

This is a pretty good site to keep an eye on what going on Wily.

Offline Gintara

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« 2014-Jul-09, 04:09 PM Reply #61 »
'Top Fluc' has always been the on course bookmakers fluctuations, it has never taken the tote price into account.

Offline Lert

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« 2014-Jul-09, 05:43 PM Reply #62 »
'Top Fluc' has always been the on course bookmakers fluctuations, it has never taken the tote price into account.
Gin, that used to be the case.
They still don't look at tote prices.
But, at least in some states, nowadays, they do look at corporate bookies markets as well as on course bookies markets.
I'm just not sure what weighting they use to come up with the official flucuations.

Online wily ole dog

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« 2014-Jul-09, 06:16 PM Reply #63 »
http://www.punters.com.au/odds-comparison/horse-racing/australia/

This is a pretty good site to keep an eye on what going on Wily.

Great work mate. I'm in the process of moving a large amount over to the corporates after some disappointing aspects of the TAB. That helps.

Who currently has the best sign up bonus????

I do have a IAS account and a sportingbet a/c but happy to move elsewhere.

Offline Gintara

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« 2014-Jul-09, 07:23 PM Reply #64 »


Who currently has the best sign up bonus????



Being in NSW I think you're stuffed Wily  :chin: As sign up bonuses now exclude NSW residents  :shrug:

Just open a Bet365 account, I feel the best for pricing, fixed or best tote etc.

Offline Bubbasmith

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« 2014-Jul-09, 08:17 PM Reply #65 »
Gin, that used to be the case.
They still don't look at tote prices.
But, at least in some states, nowadays, they do look at corporate bookies markets as well as on course bookies markets.
I'm just not sure what weighting they use to come up with the official flucuations.

Lert, correct weight. I was in the betting ring at Eagle Farm on Stradbroke day and spoke to the official price assessor.He had a laptop on line with Dynamic Odds displaying the odds of four corporate bookies, the assessor needed two of those bookies to show the top odds and compared those odds to the rails bookies, before putting those odds into his computer , which then became the official fluctuation.

Offline Lert

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« 2014-Jul-09, 10:16 PM Reply #66 »
Thanks Bubba; I was pretty sure they were doing something along those lines.

Offline Antitab#

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« 2014-Jul-10, 09:28 AM Reply #67 »
That only happens in Brisbane Metros  because of the weak ring . Every where else in the country including Queensland Provincials the APnb is the on course prices.

Offline Redbream91

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« 2014-Jul-10, 06:58 PM Reply #68 »
Bookmakers rant really bookmakers anymore anyway. I watch them at doomben run to look at the tab price then look what the corporate prices are then they come up with a figure based on what they've seen.....

Offline arthur

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« 2014-Jul-11, 07:22 AM Reply #69 »
Have a think . .

What alternatives do they have  :what:

They are the meat in the sandwich

Another Central Qld bookie did not renew his licence for this racing year  :sad:

Online wily ole dog

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« 2014-Jul-11, 07:48 AM Reply #70 »
Lert, correct weight. I was in the betting ring at Eagle Farm on Stradbroke day and spoke to the official price assessor.He had a laptop on line with Dynamic Odds displaying the odds of four corporate bookies, the assessor needed two of those bookies to show the top odds and compared those odds to the rails bookies, before putting those odds into his computer , which then became the official fluctuation.

Agree mate and it started back in the 80's in the Sydney ring. it was one of the key reasons I stopped going to the track

Offline Bubbasmith

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« 2014-Jul-11, 11:36 AM Reply #71 »
That only happens in Brisbane Metros  because of the weak ring . Every where else in the country including Queensland Provincials the APnb is the on course prices.

With only two bookies , even on some Victorian provincial tracks, how do they determine a price?

As an aside, when only two bookies are fielding on course, it is ' money for jam'.

Here is an example:


Horse 1 = $4.00      Bookie A bets $4.00 Bookie B bets $3.50
Horse 2 = $4.00      Bookie A bets $3.50 Bookie B bets $4.00
Horse 3 = $3.20      Bookie A bets $3.20 Bookie B bets $ 2.90
Horse 4 = $3.20      Bookie A bets $2.90 Bookie B bets $ 3.20
etc etc
A naive punter ( C )  looks at the boards of both bookies and sees horse 1 is better odds with Bookie A and thinks he had better grab the $4.00 on the horse because Bookie B is only offering $3.50,as it might shorten with Bookie A before he gets on. Another naive punter ( D ) looks at the boards and sees Horse 2 is better odds with Bookie B and thinks he had better grab the $4.00 on the horse as Bookie A is only offering $3.50 as it might shorten with Bookie B before he gets on.
If enough naive punters follow C & D backing alternate horses down the board with each bookie it is not to hard to see how they can lay most runners , whereas if the bookies competed against each other they might not suck punters into to taking the best of the two.
This only works when there are only two bookies operating where Bookie A will only lay some horses and  Bookie B will lay another set of horses.After the race the payout by one bookie is matched up against the hold of both bookies and any profit or loss split down the middle. Because of its very nature the bookies are most likely making a combined book to a huge percentage.

For many years I saw this happen when there were interstate betting rings, where only two bookies would operate on interstate races, and 'the call' from the away meeting was manipulated  in that manner, however with most bookies accepting bets from all meetings I no longer believe that rort goes on.
« Last Edit: 2014-Jul-11, 06:59 PM by Bubbasmith »

Offline Authorized

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« 2014-Jul-12, 12:26 AM Reply #72 »
How does "TOP FLUC" work with scratchings ?

How do they work out deductions ?

Offline Antitab#

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« 2014-Jul-12, 08:04 AM Reply #73 »
Same as Fixed Odds, deduction comes from price of scratched horse at the time of scratching.

Offline Authorized

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« 2014-Jul-12, 12:15 PM Reply #74 »
The average price for Reaper in the first at Randwick is $19, Ladbrokes who bet Top Fluc early in have his best FLUC at $15.

They themselves are betting $19


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