- May 15, 2019
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an up and down subject for many years this one. still behind the times and a stupid law to not be able to in-play online.
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AFLW 2024 - Round 10 - Chat, game threads, injury lists, team lineups and more.
In-Play Betting in Australia
- Thread starter NYRB
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- Oct 6, 2011
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- #27
I think Australian punters lose out.
If we are an Australian consumer and are restricted to shopping just for 'Australian products', the Australian consumer loses out. We as consumers should be able to have the option of shopping internationally and locally. The TAB offers such as inferior product that it isnt funny.
The betting exchanges for instance caters towards a different class of punter, a sophisticated and more technology savvy punter. The TAB will still have their own recreational punters.
I had to travel to New Zealand last year for instance for about 4 times to bet in-play and yes its worth it. Id rather have the option of betting in-play over the internet rather than in-play over the phone any day of the week. Its not only about the timing of the bets, its the inconvenience of having to call up multiple times for a match which irritates me.
I read this article back in 2015: https://www.theaustralian.com.au/na...g/news-story/b3b75c858855347974e30bb0bb42744d
Its also interesting the people resisting in-play betting are the TAB's and Senator Nick Xenophon. Never thought Id say it, but the Kiwis are ahead of us in laws and punting. And a couple who I have spoke to laugh when they hear how strict our government is on this issue.
If we are an Australian consumer and are restricted to shopping just for 'Australian products', the Australian consumer loses out. We as consumers should be able to have the option of shopping internationally and locally. The TAB offers such as inferior product that it isnt funny.
The betting exchanges for instance caters towards a different class of punter, a sophisticated and more technology savvy punter. The TAB will still have their own recreational punters.
I had to travel to New Zealand last year for instance for about 4 times to bet in-play and yes its worth it. Id rather have the option of betting in-play over the internet rather than in-play over the phone any day of the week. Its not only about the timing of the bets, its the inconvenience of having to call up multiple times for a match which irritates me.
I read this article back in 2015: https://www.theaustralian.com.au/na...g/news-story/b3b75c858855347974e30bb0bb42744d
Its also interesting the people resisting in-play betting are the TAB's and Senator Nick Xenophon. Never thought Id say it, but the Kiwis are ahead of us in laws and punting. And a couple who I have spoke to laugh when they hear how strict our government is on this issue.
rwandandream
Cancelled
- Sep 23, 2018
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VPN into New Zealand.
Login to Betfair.
You can now bet in-play without calling up.
Voila.
Login to Betfair.
You can now bet in-play without calling up.
Voila.
- Oct 6, 2011
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- Thread starter
- #30
Do they give you a warning from time to time?
I havent done it for ages for fear of getting my account banned. I think from experience Betfair have warned me 2 times to not do it.
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- Mar 27, 2018
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I understand your frustration. But at the end of the day the small % of winning punters would take a looot of profits off the bookies if they had no limits, I’d doubt they would even make money tbh. It is however very annoying & you can only make a certain amount of ‘burner’ accounts...
- Jun 23, 2014
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as far as I know they've never canned anyone for it, I got emails warning me years & years back but haven't heard anything since probably 2015. Since that they have actively promoted people betting in play (without actually saying the words "download a VPN to bet live") with their trading series on Youtube with Matt Barker amongst others and they've promoted blokes on twitter etc. who they know are based in Aus and they know are using VPNs to bet live. They turn a blind eye, I guess they have their measures in place to stop people betting in play from Aus and it's the customer breaking laws using a VPN.
No I mean the books profits, so on that bet they pull 40k, that they also limit people like me who throw a few hundred bets around is very frustrating, I believe with ppl like me they are still pulling a good profit, read somewhere the ceo of 365 made 400 mill or something
- Aug 4, 2016
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It’s nice in theory, but add in racing fees/relevant sporting body fees, taxes and overheads and they aren’t making money doing that.
The problem is they offer so much to losing punters who aren’t going to be happy to give up their benefits (money back 2nd/3rd, bonus bets/odds boosts etc.) to help cover letting winning punters actually play.
The Bet365 money is being made from their overseas operations, certainly not here.
Corporates were scummy for well over a decade and making decent money, but right now they’re getting absolutely screwed over by governments and racing/sporting authorities and we’re having to help pay for it.
Topsport offer a great product for winning punters, we just need more people (especially recreational) using their product.
- Oct 6, 2011
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- #39
Betfair don’t have any limits . You will get close to the best odds possible for pre-match for AFL compared to any other bookie. In play it depends on “how much “ is available , liquidity wise. but during the season for big matches, and finals you will get as good as any other bookie during the match as well.
for main sports , they offer better odds pre match and in -play.
- Oct 6, 2011
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- #41
Betfair dont ban clients. They are a betting exchange, they simply take a commission off the winners of around 2 to 5% of winnings. It still works out to be better than what bookies odds offer most of the time. they also give you the ability to “trade” or what they call “hedging/ locking profits “ .
- Oct 6, 2011
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- #42
I Have a formula that works out the real odds if you were to simply place a “back” bet on Betfair to real terms odds. This is an example of a premier league game on tonight:
Brighton 2.26, Draw 3.25, Crystal Palace 3.90 on Betfair
Brighton 2.10, Draw 3.20, Crystal Palace 3.60 on TAB
After commission , assuming 5% which is the highest commission rate on Betfair. If you were to back Brighton to win, the real odds you are backing them are:
real odds = (2.26-1) x 0.95 +1=$2.197
now compare that $2.197 and $2.10 on TAB and you see that it’s only a small difference but long term it will be profitable to use an exchange in the case such as this. I find TAB odds rarely beating Betfair exchange after commission .
now if you happen to be a high turnover customer on The lowest commission structure, of 2%.
real odds=(2.26-1)x 0.98 +1=$2.2348
so you can see in an example like this why a punter on a lower commission rate is rewarded.
Brighton 2.26, Draw 3.25, Crystal Palace 3.90 on Betfair
Brighton 2.10, Draw 3.20, Crystal Palace 3.60 on TAB
After commission , assuming 5% which is the highest commission rate on Betfair. If you were to back Brighton to win, the real odds you are backing them are:
real odds = (2.26-1) x 0.95 +1=$2.197
now compare that $2.197 and $2.10 on TAB and you see that it’s only a small difference but long term it will be profitable to use an exchange in the case such as this. I find TAB odds rarely beating Betfair exchange after commission .
now if you happen to be a high turnover customer on The lowest commission structure, of 2%.
real odds=(2.26-1)x 0.98 +1=$2.2348
so you can see in an example like this why a punter on a lower commission rate is rewarded.
- Aug 4, 2016
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Topsport will only restrict you if you get involved in grubby business (eg. picking off obvious mistakes like events staying open after start time or obvious incorrect prices). Unlike the big corps like Sportsbet who don’t bet back, Topsport rely pretty heavily on betting back which allows them to play winning punters.
They’re much smaller than the other corps so they do have to stay within reason on bet sizes, but realistically 99% of punters aren’t betting big enough to worry about that. They often have the lowest % on most markets, and because they play the smart money they are a great guide for where prices/totals will trend throughout the week.
They’re much smaller than the other corps so they do have to stay within reason on bet sizes, but realistically 99% of punters aren’t betting big enough to worry about that. They often have the lowest % on most markets, and because they play the smart money they are a great guide for where prices/totals will trend throughout the week.
Austoraisetheurn
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- Aug 25, 2019
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What is bet back?
I remember a few hours before the 1st Ashes test started last year, TopSport had a market up for a fifty to be scored in England's first innings @ $7.00. Essentially money for jam.
I pounded it like me and my fling had a good session last Friday night.
HEY GUYS I TOTALLY HAD SEX, WITH A WOMAN! I WAS ALL LIKE ROOTING AND STUFF, TOTALLY HAPPENED! YEAH BOIIIIIIII
Well done Jack, going to live in Adelaide has done you wonders
On SM-G930F using BigFooty.com mobile app
Are you a victorian security guard by any chance?
Austoraisetheurn
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BethanyBet
Draftee
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Is an excellent betting service for modest stakes punters, in my opinion. Its interface is modern and feature-packed, with strong support for multi betting.
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I am a poker enthusiast and more recently I found the casino clubvip777.com which I love so much. At the same time, it is still easy to use, which makes it a great option for beginners. I think that one of the biggest strengths of this casino is its frequent betting promotions and free competitions, which add a lot of value to an already good service.
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