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Woah are you guys always so rude!
Firstly on soccer, british books although only allowing trebles do price these games to a 112%, if you go and check most u.s. books they are up there with 115-120% which is awful hard to beat.
I will concede that CANBET book to 108% and am now currently looking into posting up them to try my luck with a bigger crack at the whip, and yeah maybe there will be scalps, but prefer to have an opinion myself unless it is a big scalp.
Back to the british books, every now and again in the racing post there are articles about how Bookmakers association is looking into singles on the games, as, their excuse of match fixing just doesn't cut it in these days of a fiercly competitive Premiership.
Victor probably did an awful lot to accelerate this as one of his reasons for going offshore was to offer singles.
Also, british books make most of the profit from the ponies, which in my time in the business i have seen that 99.99% cannot make money at. Although because of the rise of the premiership, soccer betting is increasing.
The main thing that is hard to beat is the tax levied by the government, which I am ssure the bookies would like to see abolished as this will be the demise of the shops based onshore, there is great debate about this.
Anyway i'm not here to talk about british bookmaking, unless asked, I am here to gain knowledge of the American business.
Any of the posters in here Bookies?
I would like to get in touch to discuss things, by e-mail, just post up and we can get started.
Finally to clarify to Ronbets on his point of what it would take for to post up with me is a trip to england and a visit to the small shop i work in, we are an over the counter operation, something you North Americans are deprived off.
Also it is idependently owned i.e. not one of the big boys willhill coral ladbrokes etc.
We own one shop, which makes work a bit more interesting because we are only allowed to stick a bet to a thousand pounds and lay off the rest.
You cannot begin to understand the stress of a 5 pence(yes pennies) GOLIATH bet, which has a total stake of about £12.
The punter may not win many but a scenario where his first two horses come in at say 16/1 and 20/1, and the next race is off in 5 minutes and you have to start working out how much you have to lay off to be safe cos if all his horses win you are looking at a huge payout in our humble little terms, and when you only have one shop, believe me it can hurt. My boss is showing me the best techniques on laying off as i am quite new to the business, but it is hard when hes running around arms flailing and shouting "what price is that next horse on the first show, if we miss getting this bet on we will have to put down twice as much to cover our selves"
So I know stress evn if it is on a small scale, and I am now hungry for the big time.
As i said in an earlier post, I might ramble but is only because i want to get as much accross as possible, just get on one with the keyboard.
Once again comments appreciated
Dingle
Firstly on soccer, british books although only allowing trebles do price these games to a 112%, if you go and check most u.s. books they are up there with 115-120% which is awful hard to beat.
I will concede that CANBET book to 108% and am now currently looking into posting up them to try my luck with a bigger crack at the whip, and yeah maybe there will be scalps, but prefer to have an opinion myself unless it is a big scalp.
Back to the british books, every now and again in the racing post there are articles about how Bookmakers association is looking into singles on the games, as, their excuse of match fixing just doesn't cut it in these days of a fiercly competitive Premiership.
Victor probably did an awful lot to accelerate this as one of his reasons for going offshore was to offer singles.
Also, british books make most of the profit from the ponies, which in my time in the business i have seen that 99.99% cannot make money at. Although because of the rise of the premiership, soccer betting is increasing.
The main thing that is hard to beat is the tax levied by the government, which I am ssure the bookies would like to see abolished as this will be the demise of the shops based onshore, there is great debate about this.
Anyway i'm not here to talk about british bookmaking, unless asked, I am here to gain knowledge of the American business.
Any of the posters in here Bookies?
I would like to get in touch to discuss things, by e-mail, just post up and we can get started.
Finally to clarify to Ronbets on his point of what it would take for to post up with me is a trip to england and a visit to the small shop i work in, we are an over the counter operation, something you North Americans are deprived off.
Also it is idependently owned i.e. not one of the big boys willhill coral ladbrokes etc.
We own one shop, which makes work a bit more interesting because we are only allowed to stick a bet to a thousand pounds and lay off the rest.
You cannot begin to understand the stress of a 5 pence(yes pennies) GOLIATH bet, which has a total stake of about £12.
The punter may not win many but a scenario where his first two horses come in at say 16/1 and 20/1, and the next race is off in 5 minutes and you have to start working out how much you have to lay off to be safe cos if all his horses win you are looking at a huge payout in our humble little terms, and when you only have one shop, believe me it can hurt. My boss is showing me the best techniques on laying off as i am quite new to the business, but it is hard when hes running around arms flailing and shouting "what price is that next horse on the first show, if we miss getting this bet on we will have to put down twice as much to cover our selves"
So I know stress evn if it is on a small scale, and I am now hungry for the big time.
As i said in an earlier post, I might ramble but is only because i want to get as much accross as possible, just get on one with the keyboard.
Once again comments appreciated
Dingle
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