Bookmaking odds have changed over the years

  • Over the Air
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Bookmaking odds have changed over the years

7 years 5 months ago - 7 years 5 months ago
#709078
I have taken bets with bookies for 40 years and more. The early day trends were always what was on the board was what you were laid. This changed over the years and the norm became that you could ask for a stretch of a horse, in fact bookies began pricing to build in that stretch, so as an example if they believed a horse was a 3/1 shot they would price this up at 28/10 and give the impression of being generous by laying the 3/1.

Now in my day, odds were pretty standard and there were no "strange" odds offered. To illustrate my point the odds offered between 2/1 and 3/1 were as follows:

2/1, 22/10, 5/2, 28/10, 3/1

So between 2's and 3's there were 3 levels of bet. Today we have weird and wonderful fractions that were never seen in my time. I have an old bookies board in my pub, the type that you "roll" to display odds, and this does not contain the new fractions. Lets compare the "new" fractions to the old between 2's and 3's

2/1, 21/10, 22/10, 9/4, 24/10, 5/2, 26/10, 28/10, 11/4, 17/6 ( the new flavour of the month it seems ), 3/1

There are now 9 layers of bets between 2's and 3's. My take on this is the bookies are not being generous, the stretch now becomes smaller. I wonder who the instigator for this new lot of odds are. My money is on Betting World, the tightest in the business.
Last edit: 7 years 5 months ago by Over the Air.

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  • Titch
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Re: Bookmaking odds have changed over the years

7 years 5 months ago
#709082
throw 9/4 and 11/4 into the mix :)
Give everything but up!

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  • Dave Scott
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Re: Bookmaking odds have changed over the years

7 years 5 months ago
#709084
Berlington bertie 100/30

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  • Dave Scott
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Re: Bookmaking odds have changed over the years

7 years 5 months ago
#709085
And a MONKEY was 500 quid

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Re: Bookmaking odds have changed over the years

7 years 5 months ago
#709086
Titch wrote: throw 9/4 and 11/4 into the mix :)

Cheers amended my post

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Re: Bookmaking odds have changed over the years

7 years 5 months ago
#709087
Dave you're an old timer and from the UK - did you ever see 17/6 quoted there?

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  • Titch
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Re: Bookmaking odds have changed over the years

7 years 5 months ago - 7 years 5 months ago
#709089
Dave Scott wrote: And a MONKEY was 500 quid
And a Pony was 25 quid, a Spin 10 quid and a 'Gamps' 5 quid, R.I.P Barney Cohen the greatest "Joint Keeper" ever....
Give everything but up!
Last edit: 7 years 5 months ago by Titch.

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  • Mac
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Re: Re:Bookmaking odds have changed over the years

7 years 5 months ago
#709096
I c 31/10 on the full results Tabonline.


Sent from my iPhone using Tapatalk

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Re: Re:Bookmaking odds have changed over the years

7 years 5 months ago
#709716
113/20

Where do these ridiculous fractions come from........?

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  • Dave Scott
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Re: Re:Bookmaking odds have changed over the years

7 years 5 months ago
#709718
Sure we only had 5/1 then 11/2 and 6/1 .....?

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  • Len Sham
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Re: Re:Bookmaking odds have changed over the years

7 years 5 months ago
#709722
Dave Scott wrote: Sure we only had 5/1 then 11/2 and 6/1 .....?
dave I think with online betting and betting done via computers they fractions come into play ... bookmakers in our day just worked on the odds we understood :P

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  • Dave Scott
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Re: Re:Bookmaking odds have changed over the years

7 years 5 months ago
#709723
Ok i will take 339/60 and the poor clerk turning the handle on the board

Plus sir its 6% tax on the 339

Hehe

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