Punter57

I'm glad I am not the only person in the world who would like to know exactly how bookmakers arrive at their prices.

Speaking from a UK perspective, the early prices offered by different Bookmakers are almost identical, which makes me believe they are all getting them from the same source or they are all using the same method to price up.

It seems like a secret black art that no is willing to divulge, probably with good reason. I asked our national racing paper , no answer. When bookmakers advertised postions for odds compilers I replied saying I was interested but, how do you become an odds compiler. They seem to have a stock answer, that you have to start at the bottom and work your way up.

You would have thought that someone somewhere would have written a book about it. I have heard that in times past you could go to evening classes and attend bookmakers school.