• Hi Guest, The forum will be moving hosts on 26 July and as such will be closed from Midday until the move has completed.
    As we will be with new hosts it may take a while before DNS get updated so it could take while before you can get back on the forum.
    I think it will take at least 4 hours but could easily be 48!
    Ark Royal
  • There seems to be a problem with some alerts not being emailed to members. I have told the hosts and they are investigating.
  • Sorry for the ongoing issues that you may have been experiencing whilst using the forum lately

    It really is frustrating when the forum slows down or Server Error 500 pops up.

    Apparently the hosts acknowledge there is a problem.
    Thank you for using our services and sorry for the experienced delay!
    Unfortunately, these errors are due to a higher server load. Our senior department knows about the issue and they are working towards a permanent resolution of the issue, however, I'd advise you to consider using our new cPanel cloud solutions: https://www.tsohost.com/web-hosting


    I will have to investigate what the differences are with what We have know compared to the alternative service they want us to migrate to.
    Keep safe.
    AR

So why have we still got bookmakers??????

pawras

Colt
Hi tacker,
put this into a google search:
how the tories are privatising the nhs
good Luck
kenny
ffs can we not do politics here, but if wanna start all that about the nhs look no further than blair as the great instigator and their use of pfi.
 

Rodeneal

Yearling
Question
Why have we still got bookies when we have the exchanges???it confuses me.
kenny
Hi Kenny,

Long term, I reckon there will only be exchanges, fewer online bookies and, hopefully, a few high street bookie shops. High Street bookies have been slowly but surely closing, especially, when you consider Ladbrokes taking over Coral. In 2016 Ladbrokes had to close or sell 350/400 shops. Then, consider the reduction in the maximum stake for fixed odd betting machines.

Looking carefully, you may notice that Ladbrokes' and Coral's web sites, other than the colour, they are pretty much identical. The odds you can get with the online bookies are pretty much the same. Online bookies have to compete viciously for our business.

The only two advantages of the high street bookie may disappear, due to Covid19, if they stop taking cash. Those two advantages are anonymity and that smug feeling you have when you walk away, with a dirty great wad of cash, when you win big!

Roy
 

Rodeneal

Yearling
I don't know about you but has anybody else noticed the volume of offers if you go onto exchanges?

Makes me wonder if the bookies are thinking, long term, exchanges are the way to go.
 

Rodeneal

Yearling
Straw poll people.

I was having a pint yesterday evening and chatting to a couple of mates. (Yes, I do have a few friends) We were trying to work out how far we were from the nearest independent high street bookie.

I live in SW London. One mate said the nearest independent bookie he could think of was in Chester, the other mentioned there was one near Brighton!

How far are you from the nearest independent high street bookie? I believe, the few that are left are the last of a dying breed.
 

mick

Sire
I have not been in a betting shop for years so have no idea. Of the better known on line independents Banks and Starsports will take a decent bet but seldom at best prices. I have winning accounts with both although i only tend to use them when topping up on a drifter which prob confirms that i am not an arber and has them in a state of confusion. :eek:
 

mick

Sire
If there is one in or near Brighton, then it will be that one!!
I don't use them nowadays, so have lost track.
Many years ago i used a Hove based firm The TBA who where commission agents. Unlike these days they made no charge for this service because the Bookmakers paid them for the business. I know someone who currently works for a London based commission agents and they charge 3% > on stakes to place the cash in the shops. They have owners trainers and some big punters on there books but my mate who follows in with some of his own money reckons an all in annual 6% Roi is doing good. So you could say info worth having but certainly no pot of gold.
 
The bookie is a relic of the past.
It is a British invention.
Back in the 18th-19th century it was the holy inquisition pulling the strings in the continent. If you were a betting man, you were a candidate for the biannual "auto da fe".
But the British in a spirit of ill founded liberalism allowed it.
So how do we make a bet in the 18th century ?
There are no computers to count receipts and divide the money, no compliance authority to supervise things.
But there was the mutual trust. It was a gentlemen's agreement and the bookie was a trusted person. When he said "5 to 2" it was 5 to 2. You won, you collected your money.
So it propagated into the new era.
But all things considered it's not the best system. We have all sorts of problems nowadays.
So I like the Aussies who invented the totalizator machine. All bets should be settled in this way.
 

pawras

Colt
I think originally it was bets between individuals giving each other prices i.e. like the exchanges, then bookies appeared acting as middlemen.

I don't like monopolies of any kind, hence I would be a against a tote one.
 
I think originally it was bets between individuals giving each other prices i.e. like the exchanges, then bookies appeared acting as middlemen.

I don't like monopolies of any kind, hence I would be a against a tote one.
Does it have to be a monopoly ?
Monopolies are bad.
But also bookies can become monopolies if the government thinks so (e.g. Bulgaria).
 
When you said , " All bets should be settled in this way. " it implied to me that you favour a tote monopoly
Well obviously not.
I mean the way the betting site works.
The national legislation to govern these things is another matter.
One I know is pmu.fr but you can't go into the session page - to register you have to be a resident of France.
 

kenny jones

Yearling
To fully understand the position of the bookie you have to do a bit of doublethink,if not treblethink.On the surface the bookie lookes like a mediator between the outcome of a specific event(usually a sports event) and punters who want to bet on the outcome of that event.But organisers of sports event,be it a horse race or a footy match,have in no shape or form any inclination to give the event or its elements any kind of value expressed in terms of percentage odds.Hilariously the bookies do that bit.
The bookies take the event and want other third parties,the punters ,to bet on the outcome of that event.They express the event as percentage odds take it or leave it.So whilst they might appear as middle men(women)they are actually in complete control of their own profit margins,they act as go betweens but at the same time completely control events.Or another way of putting it is that they have their cake and eat it,.or put it yet another way,"they appear to be just a passive instrumental entity whilst in actaulity they completely control the situation"
Kenny
 
To fully understand the position of the bookie you have to do a bit of doublethink,if not treblethink.On the surface the bookie lookes like a mediator between the outcome of a specific event(usually a sports event) and punters who want to bet on the outcome of that event.But organisers of sports event,be it a horse race or a footy match,have in no shape or form any inclination to give the event or its elements any kind of value expressed in terms of percentage odds.Hilariously the bookies do that bit.
The bookies take the event and want other third parties,the punters ,to bet on the outcome of that event.They express the event as percentage odds take it or leave it.So whilst they might appear as middle men(women)they are actually in complete control of their own profit margins,they act as go betweens but at the same time completely control events.Or another way of putting it is that they have their cake and eat it,.or put it yet another way,"they appear to be just a passive instrumental entity whilst in actaulity they completely control the situation"
Kenny
It is more or less so.
But in these days it is possible to design a user-friendly platform doing tote.
And they would n't have to impose limitations. They could if they wanted to, but why ?
 

kenny jones

Yearling
It is more or less so.
But in these days it is possible to design a user-friendly platform doing tote.
And they would n't have to impose limitations. They could if they wanted to, but why ?
Hi cosmic,
Its the power of the bookmaking lobby,two many people are making money for old rope .I agree with you about the tote.We did have one but the government flogged it off to the privateers.
The sad thing is bookies like banks are viewed as a 'natural' part of our society and culture,when in reality they are just a bunch of crooks.:) :) :)
kenny
 
Top