Don't have a bad word to say about them when it comes to getting a bet on AUS racing. I've read online they want a good reputation so are letting everyone on.. What do others think?

Just looking at your post now PAT.

I am backing N/COORTE R8-3 E/WAY in 7 minutes.

BET365 119.6
VIC TAB 118.5.
UNIBET 122.4.
LUXBET 119.1.
WILLIAM HILL 116.4

"CROWNBET " 124.6

This is the fixed odds market with some of the corporates,
In the upcoming N/COORTE race.

Bet unders maybe the reason.

At least you can get on at the moment,
That's a positive.

Cheers.

I've been betting fixed odds with them for over a year. Their racing odds are great and they create overs on favourites on purpose, which from what I have seen, almost never end up winning. They must have a great team of traders and analysts.

It got up, well done

Yep thanks.

Now see what happens when you get banned.

B/O3 or S/P $3.5.
Top fluctuation $4.00.

Ok lets say you miss it as they take that.

There was plenty of $3.8 being bet when it went into $3.7.

My rule of thumb has always been bet the very first,
Time you horse firms in the betting (fixed odds).

So I would have been on at the $3.8 or at,
The worst $3.7 as they were waiting to be loaded ,
It firmed again to $3.5 which was the S/P.

So now see what great value I got with Betfair S/P,
Less commission of course.

Don't get me wrong I'm not blaming Betfair at,
Least I can get on but this example of what I take now,
As to what I used to have available is a perfect scenario,
Of what happens on a daily basis.

Let's hope it doesn't happen to you Pat although,
It took me a while to convince the Betfair devotees,
There were better options out there with the B/O3 OR S/P (L.O.L)

Cheers.
Garyf.

I think crownbet are taking a different approach to bookmaking/business model and have confidence in their traders and analysts and want to get a good rep.

When you say Overs Pat, overs to what? Betfair Lay, Back, tote, your own rated price.....it just goes on. Overs is a word used often but unless you refer it to something, it leaves you guessing? You being an Arber, I can only assume Overs to Lay price? Big Call.

Sorry, I should clarify I meant they create overs on favs compared to betfair lay. And I cannot remember an instance here where the fav has won.

Cheers, useful info.

I revisited this idea in the last hour. What it comes down too is the bookies have a nice 20% overround, that pays the wages and overheads. But like you say Pat, they employ traders of their own and use their skills in handicapping to pump out a bit more profit. They do that, as you say, by offering a price better than the lay price to attract some business (not arbers ), knowing that probability is on their side as they've done their own form, looked at the oppositions prices and thought they could do a bit better for little or no extra risk.

So casting my eye over all the bookies prices looking for at least 3 offering a price >= to the current Lay $. I've picked up a couple of hundred in the last hour just Laying that selection (not arbing), on the dogs and gallops. Probably just lucky but there is logic behind it. Now this is deja vu for me as I've been here before, wanted to implement an automated system but was let down by an odds comparison mob with the initials of the first two letters in DOOMBEN. (last time I mentioned them, I got sidelined by the mods)

Gary, do you still use them? and is yours integrated into excel? They weren't interested in helping anyone set it up last time I tried.