Online Bookmakers

RacingG wrote:

If I'm not mistaken, the bookies are only using the numbers in this instance, and are working the odds on the probabilities of that outcome.
for example 2 numbers and the bonus is 7/1 etc etc.

if the bookies want to lay the p6 , then no problem, use the horses odds and declare their own dividend , something like hollywood does on their competition site.

it works out the odds and give you an option to actually take that bet with various payouts depending on the number of winners you get right.

here there is no IP, THIS IS PROBABILITES

Muhtiman wrote:

.....yet ironically the banks that offer the lotto which is imo still gambling allow one overdrafts to do so....yet take a dim view to one that habitually uses their account for placing funds into a betting account.... for this reason I prefer to put funds into betting accounts via voucher....:whistle:

......my bank apart from offering lotto also now offers HWB vouchers along with 1 Voucher Blue Voucher and others all online through banking app.....yet I cannot use any bank card to purchase any of these at supermarkets etc.
 

Justanotherpunter wrote:

It is nigh on impossible for punters to win in this game and yet bookmakers set limits the moment a punter shows any degree on shrewdness, so this is effectively a zero sum game (Zero-sum game is a mathematical representation in game theory and economic theory of a situation which involves two sides, where the result is an advantage for one side and an equivalent loss for the other).

My 26 year old son has suddenly fallen in love with punting horses (never shown an interest before) and I'm doing everything in my power to discourage his participation. There is no upside!

I've been to the GAMBLING BOARD about the 'limits situation' - they say bookmakers can do as they please.

Last year I wrote to the Consumer Protection Commission - they referred me back to the Gambling Board

A ZERO SUM GAME.

Some states in Australia have introduced an obligation on bookmakers to lay a minimum bet to all punters. We need the same here, but who's going to fight for the punters?

Nothing's going to change people. The game doesn't deserve to find a new generation of punters. The odds have always been loaded against punters, but now it really is a ZERO SUM GAME.
Not so far from. Now this will be a dead game .The problem with this game are those in Power still there keeping their hands clean .KZN racing will fall on their face ,my honest opinion is why is Michael. Narec and Graham Hawkins still there.Lets take it further ,why is Vee Moodley still there ? 
After the met I'm throwing in the towel after 47 years ,  this game is mugged ,and for the powers that be I dedicate the poem city Johannesburg to you all .