Ladbrokes Exchange

The purple place, the most viable alternative to the Betfair exchange
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mugsgame
Posts: 1235
Joined: Wed Mar 25, 2009 11:41 pm

steven1976 wrote:I guess by putting it in front of their customer base it can only be positive and not a negative. Like you say, why would they simply put in their profit.

It will be interesting to see if it stays web based only. Be funny being in a shop watching people trying to write a ticket and get the girls to process it in the last furlong
Maybe they would just stick a few terminals in with touch screen? A bit like Tesco's self serve. Then cut down on betting shop staff.
Stick in your card - pin
Bet and then withdraw back to card after you are finished.
Will never happen though
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sweetybt
Posts: 500
Joined: Sat Apr 18, 2009 4:35 pm

I still don't get it, think of the margin they have on BAGS greyhound racing.

A captive audience of OAPs happy to bet at 120%
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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

mugsgame wrote:
steven1976 wrote:I guess by putting it in front of their customer base it can only be positive and not a negative. Like you say, why would they simply put in their profit.

It will be interesting to see if it stays web based only. Be funny being in a shop watching people trying to write a ticket and get the girls to process it in the last furlong
Maybe they would just stick a few terminals in with touch screen? A bit like Tesco's self serve. Then cut down on betting shop staff.
Stick in your card - pin
Bet and then withdraw back to card after you are finished.
Will never happen though
You would think it would be a logical step to offer this to encourage people to gamble more in their shops whilst still maintaining the traditional paper and pen for the people who like traditional ways. I also doubt it would happen in the near future
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hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

I might be wrong but I think I saw that the vast majority of betting is now done online and via mobile anyway, the only reason most of the shops are still open is for the roulette machines. The more evil part of me wishes they could find a way to hook them up to their exchange and let us make them markets for them!
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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

I keep seeing a lot of people on Saturdays posting on fb their winning printed coupons. I'm only guessing but I would imagine there is still a large chunk of their money coming from bookies cashing in their weekly job allowance on the way out the pub.

Its easy to believe that everyone is internet savy but there are still a lot of traditionalists out there.

Id imagine the serious gamblers or people that like to bet regular are online but the people that are out shopping and have 10 quid burning a hole in the pocket whilst the mrs is dicking around looking at a pair of shoes, might just go and chuck it away.
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LinusP
Posts: 1873
Joined: Mon Jul 02, 2012 10:45 pm

Ladbrokes allow you to withdraw money from your online account in their shops. During my arbing career I took advantage of this as I needed the £300ish back in betfair ASAP. I have never felt so awkward asking to withdraw that amount as people around me where looking in their shoes for the next 50p that is going on an accu....

I just can't see them making much from shops other than the fobt's...
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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Just a quick google of "ladbrokes profits" and it suggest the online profits are struggling at around 14 mil. I then read on another report profits of 74 mil over all. Ive not looked in any detail what so ever but a quick glance would say most of their revenue still does come in from the shops. I could be wrong as I only read a couple of links quickly.

http://ar2012-ladbrokesplc.html.investis.com

Whether from gaming or sports it says shop revenue growing.
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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Sorry to keep adding, just finding a few of the reports interesting from 2012. The CEO report on this page http://ar2012-ladbrokesplc.html.investis.com suggest for future "more bet in play, self service".

That's it for now. Bored in Burma with only Macao movies and BBC world for company.
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PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

Im quite optimistic about this..
I was out all day yesterday so not sure how the markets performed on Ladbrokes..
I just run a BOT on the last race at Muss and I was surprised to see how many bets were matched..(tiny profit too)
The total matched was much less than betfair, but its early days

Worth trying out, dont forget you can use tiny stakes if need be £1
regards
Peter

Steve - Check out an App called Tunnel Bear, great for using to watch BBC Iplayer, ITV player etc from outside the UK.. ;)
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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

I use overplay in Thailand thanks peter which also allows to get my dads sky package but I'm in Burma at the moment and internet is still pretty bad. I once tried trading and it took 20 seconds to hit the market. Got a good steak house so I'm off for a beer and a steak as rocky 4 has just finished. Enjoy your trading.
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PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

steven1976 wrote:I use overplay in Thailand thanks peter which also allows to get my dads sky package but I'm in Burma at the moment and internet is still pretty bad. I once tried trading and it took 20 seconds to hit the market. Got a good steak house so I'm off for a beer and a steak as rocky 4 has just finished. Enjoy your trading.
Good stuff. I hope you chip in to the costs of your dad's sky package!
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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

PeterLe wrote:
steven1976 wrote:I use overplay in Thailand thanks peter which also allows to get my dads sky package but I'm in Burma at the moment and internet is still pretty bad. I once tried trading and it took 20 seconds to hit the market. Got a good steak house so I'm off for a beer and a steak as rocky 4 has just finished. Enjoy your trading.
Good stuff. I hope you chip in to the costs of your dad's sky package!
Dead right I chip in. I told him to start getting the pay per view matches :lol:
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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Sorry gone off track. Anyway, lets hope that ladbrokes make the option in store available to lay in play. It would be great for those good at mafs.
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PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

PeterLe wrote: I just run a BOT on the last race at Muss and I was surprised to see how many bets were matched..(tiny profit too)
The total matched was much less than betfair, but its early days
Been running Identical systems today on betfair and betdaq…

Betdaq - (minus) 9.55
Betfair - (Positive) 3 figures

The last race at Lingfiled was a good one for me. It triggered the bet on betdaq too but wasn't matched on the first step of the bet..

On a positive, I seem to get getting matched more on Betdaq than in previous attempts?

Anyone else testing?
Regards
Peter
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LinusP
Posts: 1873
Joined: Mon Jul 02, 2012 10:45 pm

I did a few months ago but got blacklisted and currently out of computers :roll:
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