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The gaming industry

Discussion in 'General Chat' started by SUPERNORWICH 23, Feb 13, 2015.

  1. Jip Jaap Stam

    Jip Jaap Stam General Chat Moderator Staff Member

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    This bit is getting tidied up and used in the book <ok>
     
    #121
    Deleted 1 and SUPERNORWICH 23 like this.
  2. Archers Road

    Archers Road Urban Spaceman

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    Anyone who wins consistently - or even consistently nails the value - will soon be identified and either have their accounts closed, or be severely restricted.
     
    #122
  3. Mick

    Mick Probably won't answer PMs Staff Member

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    Yes, we've covered all that you :bandit:
     
    #123
    SUPERNORWICH 23 likes this.
  4. Archers Road

    Archers Road Urban Spaceman

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    Couldn't be arsed reading the whole ****ing thread.

    Anyway, strange to report, I can still get on myself.
     
    #124
    Deleted 1 likes this.
  5. SUPERNORWICH 23

    SUPERNORWICH 23 SUPERNORWICH

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    During the last couple of years in Stratford if I worked weekends you would see some cracking fights, 3000 people 30 juiced up bouncers from the East End Lithuania & Russia .
    Gangs of Hood rat big shots Romanian scum pimps, Essex boys and piss heads .Anyone that chose to kick off would get bum rushed and bundled into the service elevator, gaming tables got pushed over people got glassed a few security were stabbed and everyone just carries on placing bets this was normal.
    The managenent never call the police or they would lose their license.
    If a high level Triad got the hump all the Chinese would leave for weeks until the GM apologised and honoured his bet.
    Otherwise they all go to a different club.
    My old boss Damien Aspinall is George Osborne's cousin the whole set up is corrupt to ****.
    Most managers were on Coke they **** each others wives at partys , some were Masons and there is probably **** going on that I didn't even know..
    Weird weird industry .
     
    #125
  6. King Shergar

    King Shergar Well-Known Member

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    You don't even know what odds you pay on a roulette wheel, nor do you understand how simple fractional odds work, and you expect me to believe that you where paid 30k a year to work in a casino. A pit boss who thinks you pay punters 36/1 on each number on roulette <doh>You would put the casino out of business within a few months, as they'd make no profit on there most popular casino game.

    Also 30k a year seems like a lot of money, particularly back in 1997. Professional people like teachers where only getting about 20k back then, but some poker dealer in Norwich is getting 30k a year <laugh>

    I don't really know why you keep bringing Mick into this either. I know Mick knows what he is talking about, and that is why he has agreed with me and corrected you on your ignorance.

    I myself used to work as a manager for an independent bookmakers for a few years, I then changed roles and was an on course bookmaker for the same firm. I've worked at all the major racecourses in the country, taking and settling 1000s of bets manually at big meetings like the Cheltenham festival, Grand National and Royal Ascot.

    In my spare time when I wasn't working I would study the form and gamble quite a lot. After a while I started to notice I was doing pretty well on the bets I was having, so I started monitoring my wins and losses. I did this for about 9 months and I was showing consistent profit on a monthly basis. So I quit my job and started betting professionally full time. I did this for 5 years, until it became to hard to get my bets on.

    If you think any betting shop will just take 1000s off a stranger without ringing the traders, then you are seriously naive. The only people who get 1000s on with no questions asked are customers who regularly lose and are known to the staff.

    If I'm lucky I might get a couple on in every new shop I go into, but when these horses collapse in price and one wins then they'll tell me £25 max bet. I used to travel for hours and hours trying to get my bets on, to then be rejected at the counter, or the price I originally wanted to bet at had changed. So it got to the point where I had to call it a day and go back to work.

    A pro can't just pick out a horse at a price and then travel for hours to place a bet, as the price will likely change, so the horse all of a sudden isn't value anymore, so I'd lose my edge on the bookies. A pro needs to be able to get his bets on at the right time.

    As I have already tried to educate you on, it's not about picking winners, it's all about getting on at the correct odds. Everyone will back winners from time to time if they bet regularly, it's impossible not to. But it's about making sure you maximise the returns on those winners by being on at the correct prices :biggrin:
     
    #126

  7. King Shergar

    King Shergar Well-Known Member

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    My old shop used to do the treble the odds thing, and we would usually only allow small stakes customers the treble the odds for one winner. The only guys who where allowed £10 and £20 lucky 15s at treble the odds where regulars who we knew lost a lot in the shop. A stranger off the street would have no chance of getting a large staking lucky 15 at treble the odds.

    The other scam on those is the bonus you get if you get 4 winners, some bookies used to offer 50% bonus on 4 winners, so if you find a day when there are a lot of very short priced favourites on the horses, and you've got a good chance of getting 4 winners, then putting on a large lucky 15 will pay good profits if your getting the 50% bonus long term.

    This is why you can only do lucky 15s on dogs and horses, as people would be putting Real Madrid, Barca, Bayern and Chelsea in at short odds every weekend and taking advantage of the bonus.

    Horses are genuinely harder to find certainties compared with football but there are some days when there are 4 big certainties running :biggrin:
     
    #127
  8. Mick

    Mick Probably won't answer PMs Staff Member

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    The local bookies took about an hour to change a price - I was just going in and doing 20 quid lucky 15s on every horse which was bigger than the Betfair lay price (using my phone to compare). You're getting a book less than 100%, 3x odds one winner, Best Odds Guaranteed and you're getting a 20% bonus if all 4 came in... absolutely mental.
     
    #128
  9. King Shergar

    King Shergar Well-Known Member

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    Yeah they would soon knock you on the head doing that, especially if your getting on at bigger prices. That's a good system actually, doesn't really require much effort, and pretty much guarentees profit:biggrin:
     
    #129
  10. Jip Jaap Stam

    Jip Jaap Stam General Chat Moderator Staff Member

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    King Shergar = Irish thefanwithnoname
     
    #130
  11. King Shergar

    King Shergar Well-Known Member

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    I'm not Irish<laugh>
     
    #131
  12. Gambol

    Gambol George Clooney's wee brother

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    Have ye gambolled?
     
    #132
  13. Jip Jaap Stam

    Jip Jaap Stam General Chat Moderator Staff Member

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    Interesting that you don't refute the fanwithnoname slur. Well, it's not really interesting but you know what I mean.
     
    #133
  14. Archers Road

    Archers Road Urban Spaceman

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    Very hard to find horses that are bigger than the BF lay price, even by a quarter of a point. Arbers spend hours and lay out thousands looking for that sort of value. Those days are long gone.
     
    #134
  15. Archers Road

    Archers Road Urban Spaceman

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    Example; 3.45 Taunton, Del Arca 15/8 with Skybet, 2.74 to lay with Bf, which after commision leaves a profit margin of about 0.25%. How you gonna make that pay?
     
    #135
  16. Mick

    Mick Probably won't answer PMs Staff Member

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    Not in Joe Jennings bookmaker on the Isle of Man they're not <whistle>

    To be fair I wasn't even looking to nick an edge on the percentage book - even a 101% back price would do me - it was the stupidly generous bonuses attached to the bet which is where the margin is made. No actual knowledge of horses is required, just playing the numbers.
     
    #136
  17. Mick

    Mick Probably won't answer PMs Staff Member

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    Lucky 15s - Best Odds Guaranteed, 3x Odds one winner, 20% bonus 4 winners. You don't need an edge on the price, just close to 100% price and let the bonus do the magic.
     
    #137
  18. Archers Road

    Archers Road Urban Spaceman

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    Where you laying each runner off on Bf though? I wouldn't be able to keep up with the maths.

    A mate of mine used to keep coming up with angles to exploit Paddy Power's football bonus's (money back on all correct score bets if Arsenal lose, that sort of thing), but it was so ****ing complicated and you had to tie up such big sums I gave up trying to follow him.
     
    #138
  19. pompeymeowth

    pompeymeowth Prepare for trouble x Staff Member

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    Charmander fire v Bulbasaur grass/poison. Who would win?
    please log in to view this image
     
    #139
  20. Mick

    Mick Probably won't answer PMs Staff Member

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    No, I was just using the price as a guide to know roughly what a 100% book was in the race.

    In September 2012 Betfred started offer 3x odds one winner Lucky 15 on their website (they are still offering it but they changed a lot of the rules to stop ****s like me). I coded an algorithm which plugged into Betfair, got the prices, and then automatically permed up every horse which was close to Betfair lay price on the Betfred website.

    I left the algorithm running and it systematically raped them over about two months. I ended up getting about 20 accounts closed

    Here's one of my more succesful ones - open account and deposit £1k on October 19th.

    upload_2015-2-17_10-25-23.png

    A week and 1350 bets later I withdraw £9.5k

    upload_2015-2-17_10-26-55.png

    The algorithm was placing 200 bets per day without any human intervention. If it wasn't for them restricting accounts I would easily take 6 figures off them a year - just playing the maths.
     
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