Why Do Profeshional Punters turn Tipster.
The history of the Horserace Betting Industry, contains a few succesful gamblers who before they retired or died had turned there hand to tipping to the general public.
Many of the regular punters can not understand this concept and ask frequently.
“If you are so clever why do you nead to pass your information on to the public when you are a winner already”
The simple fact is that the tipping industry is a better “Licence to Print Money” than any other. in the field, making several individuals very wealthy, were with the control of the betting industry, by the Big Three, it is almost impossible for a Gambler, to generate enough turnover to compete with the Tipping lines. for shear net profit.
When Alex Bird was confronted with a turnover tax, in the 60s. he almost stopped betting, so small was his overall % profit.but on a massive turnover.
However Alex had one thing going for him that we do not have now and that is he could get on.or as the Australians say “SET”
With over 25 Agents all over the land, who were happy to place Alex,s bets for the information every one was happy but what of today.
The Internet industry is a joke impossible to get even a mundane wager at a fixed price, even in the high street shops, no worthwhile wager will be considered.
Even Football. the leading Bookmakers place restrictions, as low as £50. on a single. so what now.?? In Horseracing will the SP structure servive, or will an industry service, be used in its place.restricting both price and place odds.
To use the amount of Dogs, (Bags) and several hundred of reality races, why would they want even semi pros, trying to get a monkey on a selling plate at Brighton. with people playing Roulette, every minute of the day from 9 in the morning to 9.0 at night. Horseracing is a hinderance.
So if a Pro, punter can show a % that is worthwhile, it wont be long before he realises that a tipping services will generate much more profit than, his own endevours. and who can blame him for doing so, dont forget there are many. punters who are at least better off with some of these services than the methods that they use themselves.
Punting on horses is a hobbie very few actually show a profit, and in fact like all hobbies, it will cost money.
The art is ballancing the cost against the fun of it all. after all you can always refuse to keep records and just beleave that you win.
Cubone
October 11th, 2007 at 4:00 am
your stories are an education to the both those that know some and history those that dont .iam privaledged to have listened firstly to my grandfathers accounts of skullduggery and then another old un who still accompanys me(and works) on those long drives to the track.
ps are you the same don who headed the bpa b4 the current org,
if so you may remember my case that was brought b4 you some years ago now (inheritance of pitches) .if so i still owe you a bottle of whiskey if not keep typing best wishes d.caldwell
October 11th, 2007 at 5:06 am
Hi Don
Good site - have always respected and found your views interesting - if ‘Mr Memory’ contributed it would be even better!
Best regards
Fansilver (aka Steve)
October 11th, 2007 at 8:58 am
Steve. as you are no doubt aware the BPA held the pitches in a vice like grip. let me know what your case was about, Area and what you did for a living and I might give you an insite into how we delt with you.
The ussual course was giving a newbie a pitch in the silver ring at Nottingham and Leicester, about November by the time they had tried, it out over the kipper season (Winter) they had changed there mind, about being a racecourse Bookmaker.
Cubone
October 11th, 2007 at 9:00 am
Steve Gist, I also have the most respect for Mr Memory, if you see him give him my best regards.
Cubone
October 15th, 2007 at 7:26 am
Great stuff Sir, keep the anectodes coming.
Love the comments about the ground floor at Rackhams, positive whirlwind of perfumed scents when you went in there. Unmistakable.
Earlswood Lakes- havent been there for years but always good fishing there.
Prepared,, You must have also missed the Icecream from Henly in Arden. the finest in the land until WALLS took them over.
Every Sunday Morning my dad in his Austin Rubie Van would take two empty treacle tins (Golden Syrup) and fill them with the creameist of Ice Cream ever devised. having had to que for ages.
We would then settle down to Roast Beef and Yorkshire Pud, with all the family. and during the war. 5 extra cousens.
As for the “Lakes” my grandad took me fishing and once caught a pike as big as “Jaws” in the modern film, well it looked like it at the time.
February 13th, 2008 at 12:12 pm
nice thought evoking (sp) site this