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I have previously written about Betfair SP versus grabbing the best in the ring on course price as the horses enter the stalls before, here is the link https://markatsmartersig.wordpress.com/2022/05/31/on-course-prices-v-betfair-sp/
One or two bookie defenders responded by saying ah but that was a weak meeting at Leicester, try it at a strong meeting and you will see that on course beats BFSP. Well two days ago I was up at York to witness the great Baheed slaughter some good horses and to gather prices as suggested from the back lines of the bookmakers. Here are the results of my price logging. All BFSP’s are with 2% comm deducted and all prices are to /1


In total Betfair SP beat or equaled the on course price 28 times whilst the on course books came out ahead 6 times. Take into consideration your travel, entrance and refreshment costs and I am sure we could shave that difference up a couple of notches. In addition to the above all on course books were going 4 places only on the first heritage handicap of the day whilst of course you could get 7 places with two bookies and 6 with pretty much all. I am told this is due to ring regulations which if true needs to be changed.
In conclusion I think it is pretty evident that the vast majoirty of punters would be better off at Betfair SP but you wont hear about that from the fool in the ring.
Interesting re e/w Mark. I am an annual member at Newmarket and wrote to the course management regarding the poor e/w terms offered on course eg 1/5 1,2,3 for 12-15 runner handicaps. In reply I was told that the course negotiates with bookmakers regarding eg e/w betting. The course in effect cares nothing about punters. Newmarket has changed for much the worse imho; what used to be a good course for serious racegoers it is now little more than an entertainment venue with a side show of racing. No consultation on going cashless, much to the dismay and angst of particularly more elderly patrons. Shocking.
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Well all I can say is that this is a pointless time wasting exercise.
All on course bookies are plugged into an exchange meaning its impossible for any of them to offer a better than exchange price unless there is a massive move just on the off on the exchange to which they have no time to react but it still.doesnt give the punter enough time to take a better price in practical terms.
A fairer comparison would be to find on course bookies who are not connected to an exchange and then do the comparison.
Unfortunately such bookies do not exist
As such the exercise is futile and doomed to failure
Harry I am not trying to prove books beat betfair I am responding to claims on line by on course bookmakers that they do beat Betfair. As such my exercise puts this to bed I think, they do not, the punter is not better off on course
Fully understand…just can’t believe people delude themselves that they can find any overs to Betfair odds with any bookie either on course or off course at any point in time
Bookmakers all copy Betfair – it’s as simple as that – which.makes any argument to the contrary absolutely futile
Thanks for your feedback Andrew, sadly too little attention is given to betting as a vehicle for growing the sport IMO. Until we change this things will worsen