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  #41  
Old 20th July 2012, 01:54 PM
Shaun Shaun is offline
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I think it comes down to market share, in order for your idea to work you need enough market share to make your book.

Our past bookies have built up the current operations to the huge names they are, that's the main reason they were bought out instead of these clowns just starting there own.
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  #42  
Old 20th July 2012, 02:08 PM
Chrome Prince Chrome Prince is offline
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That's very true Shaun, but word travels extremely quickly both with poor service bookies and very good service bookies.
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  #43  
Old 20th July 2012, 03:38 PM
norisk norisk is offline
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Quote:
Originally Posted by Chrome Prince
I hear Bet365 aren't too bad, haven't tried them yet.


Afraid I have heard the exact opposite CP, apparently they are as bad as it gets when limiting/closing accounts.

It appears that these 'bookmakers' are really only interested in their Sports books & that because they probably don't really know what they are doing Racing is just not profitable so at the sniff of a winner they will close you down.

What I want to know is how these pommy/irish firms have been able to gobble up every Aussie corporate they wanted, then put the squeeze on, & I assume now that profits head straight overseas.

Regulators have got a lot to answer for & I encourage everyone that's had a bad experience to detail it in an email to the relevant minister(s).
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  #44  
Old 20th July 2012, 04:19 PM
Chrome Prince Chrome Prince is offline
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That's interesting news norisk, I had heard they were not quite as bad as the others, but it seems they are all tarred with the same brush.
The only thing I can think of, is to play the game and make it appear like you are a losing mug by having big bets occasionally and transferring it back to Betfair by laying the same horse.

But probably that won't work either because they will limit their exposure.
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  #45  
Old 20th July 2012, 04:34 PM
Mark Mark is offline
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Norisk, I wasted my time lodging a complaint with the NT Licencing Commission. Until they make the rules they are a toothless tiger. As it stands the bookies make their own rules and so long as they abide by their own rules there's nothing that can be done. The reply I received went along the lines of "when you sign up you've agreed to their conditions and if their conditions say that they can ban or restrict any account without reason, then you're stuffed".
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  #46  
Old 20th July 2012, 04:42 PM
UselessBettor UselessBettor is offline
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I do all my betting via betfair so haven't run into this issue.

It feels wrong that they can do this, but at the same time there probably wouldn't be as many bookmakers if they didn't do this. Letting them ban winning punters gives more options to those who lose.

I can't understand how being a bookie could be that hard. Wouldn't you just put all your odds less then betfair and automatically lay them all off at the corresponding prices. Your commission would be reduced due to the discount and it would be semi-easy cash as its all automated. I have rarely seen a bookie with prices higher then betfair in my travels.
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  #47  
Old 20th July 2012, 04:48 PM
norisk norisk is offline
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I hear you Mark, so in addition I suggest contacting your local members & relevant state Govt ministers.

End of the day I haven't used a corporate for years & never will again so allof the stories coming to light do not surprise me.

Why anyone would want to use a corporate is beyond me considering the complete contempt these organisations hold for their 'clients' - but if one must use a bookie why not open a phone account with an on-course bookmaker.
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  #48  
Old 22nd October 2012, 12:26 PM
Chrome Prince Chrome Prince is offline
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Well after sticking to all the rules, I have had most of my accounts closed down.
Some accounts were in loss, others I am limited severely and almost all have had best odds guarantee removed. I am not a big fish by any means.
I even ensured that where the money was going, I was going elsewhere, so it meant that the bookies had a more balanced book.

It is plain and clear that all offers, enticements and freebies are for the Saturday $10 punter who gives it all back.
Further it is also clear that the publicized acceptance of "we took $50,000 on this and $20,000 on that" is pure myth and spin.

The upside of all this is that I found one standout bookie for sports being Pinnacle, the only account still alive and kicking. Such a pity their model isn't applicable to horseracing.

In September on prominent bookie got hold of the Australian Rugby Union database and sent everyone on it this email:

''BACK THE WALLABIES WITH xxxxxx.COM.

MONEY BACK IF THEY LOSE.

''Hi xxxxxx,
As a Wallabies Supporter, this weekend I'm taking on the Springboks …
And giving you a money back offer. So back the Wallabies now …''

This is the reply this bookie received....

"Hi xxx,

Any chance you'd get out of my face? People like me who handed over our details to the ARU did NOT do so to be harassed with brain-dead offers like yours, let alone have our kids exposed to it. And what about a little truth in advertising? What about you add to your spiel, ''I'm prepared to take a little hit, just once, just to get you on the gambling hook, in the hope that I can then shake you down for decades to come!''

Do NOT send me your awful offal again. And shame on the ARU for serving up its dwindling supporter base to the likes of you. It is acting well outside its charter to serve the interests of the game, and will face an outright revolt if it continues. Be told."

Disgraceful stuff from a bookie.

Finally, punters may like to read this article in the Sydney Morning Herald.

Code:
http://www.smh.com.au/sport/the-fitz-files/its-official-only-losers-bet-on-the-net-20121019-27wrd.html?skin=text-only


Let the rebellion begin!
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Now with over 420,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 30/06/2025
Video overview of RaceCensus here:
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  #49  
Old 22nd October 2012, 12:34 PM
moeee moeee is offline
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I use SuperTab and Betfair.
I have won close to 10 grand.
about 5 Grand on each.
No issues at all.

I figure that if a Punter need SPECIAL OFFERS to make a dollar at Punting , then best he give it away.
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  #50  
Old 22nd October 2012, 01:37 PM
Chrome Prince Chrome Prince is offline
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moeee, it's not a matter of needing offers at all.
It's a matter of utilizing differences in prices to create arbitrage opportunites.
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RaceCensus - powerful system testing software.
Now with over 420,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 30/06/2025
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg
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