‘Big’ bookies have lost vision as well as their balls
UK Horse Racing & General HorseTrader News

‘Big’ bookies have lost vision as well as their balls
Posted on 02 Feb 2018
The first in a series of occasional columns from our tipster and ex-bookmaker Regular Ricky

IT is always good to see the opposition with their eye off the ball. 

In our case, as punters, our opposition are the so-called big bookmakers’ odds compilers and traders. I understand they are well paid. It is often hard however to see what they do to earn their money. The traders, as we know, simply follow the exchange price slavishly with no thought of what a good price to lay may be. A child could perform the same trick and no doubt these days a computer is used.

As for the odds compilers, a study of ante-post prices on Thursday for Saturday's Scottish County Hurdle would have revealed all that they do. I looked at the mighty Coral/Ladbroke emporium for prices. They quoted Tandem as 13-2 third favourite despite the fact it was already declared for their very own Coral Hurdle at Leopardstown scheduled for the same afternoon. A quick trip on a time capsule to Scotland seemed somewhat unlikely, genius traveller of horses though his trainer Dermot Weld may be. 

At 14-1 they quoted Man Of Plenty, likewise already declared for the big handicap at Sandown. Perhaps their best effort was the 10-1 Mahlervous, which wasn't even eligible to run in the race. As for the 7-1 Brahms De Clermont, it was likely from jockey bookings that Paul Nicholls was doing the sensible thing and running it in the novice hurdle there on Sunday, leaving the way clear for his other entry Amour De Nuit.

These same bookmakers seem very worried about profit-making and are threatening shop closures as a political tool in their desperation to ward off possible FOBT restrictions. Perhaps they should look closer to home at the mote in their own eyes.

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