How to become a Bookie

For all the punters that want to jump the fence


www.racingpost.com/news/in-depth/how-to-...etting-jungle/338922

Been there, done that, exciting life style, nae money

Then you can learn how to rip off punters like Ladbrokes have been caught doing.


Bookmakers may find their rules on non-runners forcibly changed by the Gambling Commission if they do not heed the lessons learned from the controversial Black Dave case.

The commission found that Ladbrokes had deliberately shortened the price of a known non-runner in order to maximise a rule 4 deduction – but it has not taken any more stringent action against the firm.

In January 2015 trainer David Evans placed a bet on his horse Black Dave in a 6f handicap at Wolverhampton with Ladbrokes, who were then told by Evans that stablemate Tango Sky would be withdrawn from the same race.

Ladbrokes then shortened Tango Sky to 3-1 (from 7-2), leading to a rule 4 deduction taking 25p from every £1, rather than 20p, on all winning bets in the race before Tango Sky was officially pulled out.

Having completed their inquiries into the events, the commission said on Wednesday: "We have previously stated we would be concerned if there was evidence that bookmakers had deliberately shortened the odds of known or likely non-runners in order to maximise rule 4 deductions for their own commercial gain to the disadvantage of consumers.

"We commented that such actions would be contrary to the statutory obligation to ensure gambling is fair."

The commission added: "Based on the evidence available, we concluded, and Ladbrokes accept, that a Ladbrokes trader deliberately shortened the price on Tango Sky in order to maximise rule 4 deductions."

The original article is about on course bookies, different game

On course or off course makes little difference. Bookmakers are nothing more than Betfair watchers these days.

Bob Brogan wrote: The original article is about on course bookies, different game

Ladbrokes are on course.