How to maximise your returns...thoughts?
 

So after the challenge of how to find your selection method and when/how to back it we then encounter the issue of how to obtain the best odds.

We have Tab versus Corporate Bookmakers versus Bookmakers versus Betfair.

All perhaps dependent on the price range of the horse/s you back plus your type of betting.

But I'm interested in the idea of approaching bookmakers in the style of 'what can you do for me' to better your competitors.

Has anyone done it or thoughts on what type of offers might be palatable to a bookmaker?

Does it really matter?

If you got a winning system, then you have a winning system.
If you need to rely on an extra point here and an extra point there, then you ain't got nothin'
If you wanna increase your profits, then all you need do is increase your investments.

Of course it matters. At least it does in my opinion.

That extra point here or there...might equal as little or as much as an added 20% extra return on your bet compared to other punters.

Maybe others can afford not to worry about that...well if I can gain that advantage I'm keen to do it.

No offense taken, I'm sorta surprised some punters have so little respect for their money but [in my opinion] it also explains why punters butter up to take unders with the tab every day when backing favourites - compared to a better price that's available elsewhere.

It's a no brainer for me, bit like buying shares on the sharemarket. I want to take the best price available.

If I have to bargain and haggle for it, so be it :-)

Cheers.

But who said my profit was so little that I required it?

I think you've both made an incorrect presumption if that's the case. I'm happy to report a nice profit for the last racing year but that doesn't mean I don't want to improve upon it - without the obvious risk of simply increasing the stake.

Care to refer to your opening post?

never mind I couldn't care less.

Hmmm...I have, I don't get your point or your negativity?

I dont' mind you disagreeing...for that matter either.

Please ensure posts are civil.
Thank you. Moderator 3.

Well, I don't wanna upset anyone, but I can tell you that the difference betwen betting even best tote, is about 7-8% (for the place) so ask anyone what is the difference between betting at 2% loss on T/O, compared to betting at 6% PROFIT on T/O?????? do we really have to ask the question?

So YES, getting he best odds from a bookie can and does make all the difference, in fact in most cases "THE ONLY DIFFERENCE"

To those that are so successful that you don't have to worry about a few points here or there, well, I'm truly envious!

1pt difference , doing it all the time does make a difference.

The blaze approach to value is astounding & found most prevalently with TAB punters, that's why the TAB still exists.

Example.
Get 10.00 instead of 9.00 = 9/1 & 8/1 = diff 12.5%

Get 4.00 instead of 3.00 = 3/1 & 2/1 = diff 50%

Have 8 bets
1 winner
Get 9.00 instead of 8.00 = 8/1 & 7/1 = diff 14%
1 unit profit.
That's 12.5% POT instead of break even.

Compare say the TAB price of a tipsters top selection to Betfairs price.
The difference is huge, percentage wise, sometimes there is a 100% difference.
Yet a large percentage prefer to take unders all the time betting with the TAB.
Why? if they don't have to.

I guess they dont care because a winner is a winner at any price, attitude.

If thats the case why why not back 75% the field & pray for an outsider to get up, now suddenly, price does make a difference and one will be accepting unders on nearly all of them.

One has to convert to fractional odds to get the true percentage difference.

One would have to ask...
Would you buy shares that were 10% more than what the general market was offering?

It could take a whole year to make up the difference, yet punters shrug this percentage off in one bet & continue to do so with all their other bets... weird.

Steve.
If you are hunting for the strongest price, go to one of the sites that shows a number of book makers prices which also compares this to Betfairs price & you will see most times that Betfairs price is usually the stronger, in a majority of cases.

Cheers.