multiple accounts

[partypooper]

OK, so we know where the corp orates are coming from regarding multiple accounts, but what about where you have several members of the household who are also independently interested in wagering on horse racing, with different opinions etc. etc. We are all using the same wi-fi, IP etc. so risk being shut down EVEN IF WE ARE ALL LOSING ..... UNBELIEVABLE !! Now I know we all should be running sweeps, and cut out the bookie altogether but we don't do it ... do we?

[Chrome Prince]

Yes party, the whole household is doomed.
Even your relatives and friends, as soon as they detect bonuses and offers being used, OR similar betting patterns, you're toast.
They want recreational hobby punters that take outsiders that drift - the best percentage profit for them.

[Shaun]

As i have said for a long time, the TAB may rob you but at least you can still place a good size bet with no dramas, find an edge that can deal with this and exploit it.

Or betfair for as long as it lasts.

[Pat123]

On TOTE maybe. Fixed odds you can forget it (if you're winning overall).

Pinnacle Sports AU is going to be (imo) the ultimate in betting.

[stugots]

Certainly sounds like Pinnacle will shake the corporate landscape up Pat, & if Betfair can revamp their Australian model (which it looks like they will be forced to do with the imminent racing fees increases) we could have the best of both worlds.

Anyway here's hoping.

[Pat123]

Not having to worry about bet limits (to a degree).

Not having to worry about being limited or banned.

I have a feeling they could get a lot of customers.

[The Ocho]

I know this is probably a really, really, stupid question but for people who want to lay their horses why doesn't a bookie only offer lay bets with their take out taken out?

[aussielongboat]

I know this is probably a really, really, stupid question but for people who want to lay their horses why doesn't a bookie only offer lay bets with their take out taken out?

i think betezy did for a while and the LAY odds were huge - i am talking 250, 400 and 500-1 type numbers for horses starting at say 30 to 40-1

impossible to win

[The Ocho]

When you stop and think about it, lay betting is a bit silly.

In my lay bookie scenario with a 200/1 horse you would have to give the bookie $200 and if the horse doesn't win the race you get back your own $200 plus $1 from the bookie. If the horse wins the race then the bookie keeps your 200 clams.

And yet a lot of us lay bet on the exchange. It just seems funny when you look at it like that.

[evajb001]

I've tried explaining it to mates and they can't comprehend that you get so little back for the perceived risk you take on. However its all about the %'s and you have to remember that the 200/1 horse isn't it expected to win 1 in 5 races, not even 1 in 50 races. So while the returns seem poor for that 'perceived risk' in reality its just a mentality thing of understanding the numbers and understanding the actual risk.

[Mark]

When you stop and think about it, lay betting is a bit silly.

In my lay bookie scenario with a 200/1 horse you would have to give the bookie $200 and if the horse doesn't win the race you get back your own $200 plus $1 from the bookie. If the horse wins the race then the bookie keeps your 200 clams.

And yet a lot of us lay bet on the exchange. It just seems funny when you look at it like that.

The Ocho this is the silliest thing I have read. I do hope it's tongue in cheek.

[Chrome Prince]

I've tried explaining it to mates and they can't comprehend that you get so little back for the perceived risk you take on. However its all about the %'s and you have to remember that the 200/1 horse isn't it expected to win 1 in 5 races, not even 1 in 50 races. So while the returns seem poor for that 'perceived risk' in reality its just a mentality thing of understanding the numbers and understanding the actual risk.

Just hurts when two in a day get up by a nostril :eek: