Quote:
Originally Posted by LektorAJ
Ok, but in what sense are arbers not genuine punters?
well they are acting as bookies, not paying the levy on horseracing, not paying the 15% of gross revenues that real bookies pay but competing with bookies with those ax costs and other regulatory burdens.
Of course bookies hate them. The only surprise was that for years they did not get that the arbers were buying liquidity and so also building the foundations of their competitor exchanges. It took them years to notice (and I stayed sthumm as frankly who cares if bookies get taken. They gave the arbers VIP bonuses (often they were high volume and lost to the bookies) but were too stupid to see they were funding TWO competing bookies, both with a better tax regime (including no tax).
Hey if you want to be a bookie, get a licence, pay your dues...ahh but then you get people moaning if you cherry pick your offer and you lose your whole "edge".
Meanwhile for the average mu punter, the offers are better, FFS best odds guarantteed, bets days before refunded if non runner, each way paid out to silly loss leading levels to all punters. It is a competitive market NOW so they clamp down on those they see as parasites.
Sadly that means iesnare, cash for UB scum & illegal invasion of privacy for genuine punters.