tag:blogger.com,1999:blog-25292190.post6225046983183752786..comments2024-03-24T15:26:37.931+00:00Comments on PG's Tips: Sunday evening drivel...GeeDeehttp://www.blogger.com/profile/09834633278297488704noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-25292190.post-18136435836146680432009-11-11T11:03:09.967+00:002009-11-11T11:03:09.967+00:00Those figures say it all GeeDee. You can’t really ...Those figures say it all GeeDee. You can’t really blame the bookies, if punters want to waste their hard earned in a machine then who are they to deny their customers that opportunity. I guess the bookies need something to encourage their dwindling customers considering more and more are now moving towards on-line betting.Ben Aitkenhttp://www.narrowingthefield.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-25292190.post-60139094339218559592009-11-10T12:09:54.940+00:002009-11-10T12:09:54.940+00:00This thread led me to a little bit of digging - t...This thread led me to a little bit of digging - thanks to a colleague for her work helping with the Mintel report on Betting Shops - UK - August 2009. Here are some selected points taken from that report...<br /><br />In some shops fixed odds betting terminals (FOBTs) generate around half of all profit<br /><br />Horse racing's share of betting shop turnover has halved in a little over a decade<br /><br />'It is increasingly said that if you have an average OTC trade and good machine income, then you have a business; but if you have good OTC trade and average machine income, then you do not.'<br /><br />'Ladbrokes reported its machine win in 2008 averaging £676 per cabinet per week, up 16% on 2007's £583 figure.'<br /><br />'In the mid-1990s, racing typically accounted for 80% of an average shop’s turnover. Today, trade sources put that figure as down in the 40s.'<br /><br />'In 2008, FOBTs became the first product to earn more for Ladbrokes than horse racing in the company’s entire 122-year existence.'GeeDeehttps://www.blogger.com/profile/09834633278297488704noreply@blogger.comtag:blogger.com,1999:blog-25292190.post-73672915049392346092009-11-10T07:28:34.850+00:002009-11-10T07:28:34.850+00:00From the bookies perspective its more like "w...From the bookies perspective its more like "where did it all go right!!"<br /><br />Virtual racing is a no-brainer for them, nobody makes a profit from it yet they keep throwing money at it!!<br /><br />A nice easy cash cow for Mr bookie!Ben Aitkenwwhttp://www.narrowingthefield.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-25292190.post-20848756122931236512009-11-09T16:51:48.216+00:002009-11-09T16:51:48.216+00:00Good post, Sandracer.
The awful thing is... as I ...Good post, Sandracer.<br /><br />The awful thing is... as I get older and the eyesight starts failing, I'm having a terrible job to tell the difference between the live racing and the cartoon stuff.<br />The other day I even tried to buy myself a couple of tickets for the Tatts enclosure at Steepledowns.<br /><br />What's more, I've often suspected the bookies tot up their liabilities nationwide on the cartoon races and then program the horse to win that gives them the best result. <br /><br />Of course, I could be mistaken... ;) <br /><br />Tell me, just where did it all go wrong?GeeDeehttps://www.blogger.com/profile/09834633278297488704noreply@blogger.comtag:blogger.com,1999:blog-25292190.post-42804787223444846482009-11-09T16:32:54.608+00:002009-11-09T16:32:54.608+00:00Yip, the bookies have turned into virtual arcades,...Yip, the bookies have turned into virtual arcades, with some horses and greyhounds running in the background.<br /><br />& the cartoon racing kills me. Like playing bingo with pretend horses instead of the hopper and the old girl calling out 2 fat ladies.<br /><br />That said, even the bingo at the seaide arcades are all automaically done via a RNG. You don't even need to cver yournu mbers and call house. If you win, the caller tells you, rather than the other way round.Sandracerhttps://www.blogger.com/profile/16542766586047796267noreply@blogger.comtag:blogger.com,1999:blog-25292190.post-84036755868716445462009-11-09T10:49:51.939+00:002009-11-09T10:49:51.939+00:00Couldn't get in to a Coral shop the other day ...Couldn't get in to a Coral shop the other day for the crowds surrounding the roulette machines... ;)GeeDeehttps://www.blogger.com/profile/09834633278297488704noreply@blogger.comtag:blogger.com,1999:blog-25292190.post-80005648642475401762009-11-09T10:44:39.478+00:002009-11-09T10:44:39.478+00:00Best way to spend your lunch hour PG! You dont hav...Best way to spend your lunch hour PG! You dont have to bet to enjoy the racing. A favourite pastime of mine is taking a stroll to the local bookies to watch a couple of low grade jumps races. You can always pick up something, whether that be a future pointer or observing the mug punters on how not to bet!!Ben Aitkenhttp://narrowingthefield.blogspot.comnoreply@blogger.com