How to suss out a new bookie

As an SBC member I recently received an email outlining the fact that there is another bookmaker for horse racing bettors to try out, Regency Racing.  Providing a purely telephone-based service as Regency do, this appears to be quite an old-fashioned but somewhat likeable way to operate.  It means human interaction (Heaven forbid in this social media driven age!) when placing a bet, which is something I find as I get older, strangely reassuring.

Wisely, the missive I received from the SBC contained the sage advice to not go all in, but to try the service out by depositing a controlled amount of funds.  Regency’s claim to accept business from winning and losing punters alike is likely to make them an attractive proposition and there may be a temptation to rush in and deposit a fair chunk of your betting bank.

The SBC themselves, in a recent article – – asked just how safe our deposited funds with bookmakers are.  It is apparent that different firms exercise varying degrees of security and that you’d do well to ensure you avoid making yourself vulnerable should a firm go under.

When I started to put these two articles/emails together in my mind, it dawned on me that using a new bookmaker for the first time is now rather similar to joining up with a new tipping service.  It’s sensible to start slowly with each, getting used to how they operate and gaining a “feel”.  Can I get the advertised or advised odds?  How does each react to a spell of sustained success or failure – does the bookie start to restrict your stake or the tipster change their approach?  Just like you might after a while, up the stakes placed on a tipster’s bets once you’ve gained confidence, so might you be happier to deposit a large amount with a bookmaker (although there’s still no reason to go daft) once they’ve proved to you that they process withdrawals quickly and efficiently.

I think this is all very much worth bearing in mind when you start looking to use different books.  I’ve a feeling that the industry is in the process of change, and am hopeful it will be for the better.  There is more awareness now of the unfair practices a number of bookmakers operate to rid themselves quickly of any “customer” they deem might possibly know what they’re doing, and that in itself will create an environment in which entrepreneurs spot a gap in the market.  So, as savvy punters, let’s just be careful out there.

Portfolio performance from June 1st – 9th

Quiet times with no bets from Football Lay Profits, Football Service 1, and just a couple on the first day of the month from Football Service 2.

Racing Service 1 had an amazing day on Saturday 1st, generating an ROC figure of over 25% from the afternoon’s sport.  It was big winner after big winner to give up one of those days that come along once in a blue moon.  Good job it did mind, as Northern Monkey in particular has found the going tough to say the least!

Nice to see Golf Insider produce two weeks of very solid returns, without actually hitting on a winner.  It’s one thing waiting for those big-priced winners that you’re confident will come eventually, but smoothing out the wait has a lot going for it.

‘Main’ portfolio: ROI 10.48%, ROC 1.18%.

‘Broxchange’ portfolio (Football Lay Profits, Football Service 2, Golf Insider): ROI 120.26%, ROC 2.94%

Individual Service Performance

Bet Alchemist: Staked 12pts, +3.225pts.

Racing Service 1: Staked 12pts, +50.7pts.

Football Lay Profits: n/a

Football Service 1: n/a

Golf Insider: Staked 23.5pts, +28.262pts.

MVS: Staked 16pts, -1.12pts.

Northern Monkey: Staked 19.375pts, -18.475pts.

Football Service 2: Staked 1.5pts, -1.5pts.

Racing Service 2: n/a

Racing Service 3: Staked 22.25pts, -5.25pts.

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