Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > General Topics
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 26th May 2015, 04:44 PM
Rinconpaul Rinconpaul is offline
Banned
 
Join Date: Feb 2013
Posts: 755
Question Layers are heavy lifters?

I read a survey on a UK forum about the percentage of punter's betting preferences. I've often wondered, and here it is:

Backers.....50.1%
Layers.......11.5%
Each Way...21.8%
Place..........12%
Exotics.......4.6%

Straight away, Layers stand out as 2nd last taking their share of the pie. Now given that for every lay bet there's a matched back bet, and then there's those that place back bets with bookies and totes only (not the exchange), but are the layers matching more money per head than backers?

A rough example: For every 20 backers are there are only 10 layers but turning over twice as much money?
Reply With Quote
  #2  
Old 27th May 2015, 10:14 PM
Chrome Prince Chrome Prince is offline
Member
 
Join Date: Jan 1970
Posts: 4,363
Default

Yes, but what about traders and arbers? That could indeed be why the big difference. Backing steamers at Betfair prices for those with live feeds etc.
In play backers as well.
All those bots that trigger a bet when a horse reaches a certain price in running etc.
__________________
RaceCensus - powerful system testing software.
Now with over 399,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/03/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg
Reply With Quote
  #3  
Old 28th May 2015, 06:20 AM
Rinconpaul Rinconpaul is offline
Banned
 
Join Date: Feb 2013
Posts: 755
Default

I guess what we need to know, to fully understand the question is, for the Betfair exchange only, what percentage of clients Back and what percentage Lay? There'll obviously be those that do both (traders), arbers mostly only Lay.

It still comes down to, of the billions that Betfair turnover, half is Backers $ and half Layers $, but as a percentage of clients, I feel that the Layers are a much smaller head count than Backers. A lot of people just don't like or understand the notion of Laying, so the layers do the heavy lifting by turning over much more money than Backers?
Reply With Quote
  #4  
Old 28th May 2015, 06:49 PM
Mark Mark is offline
Member
 
Join Date: Jan 1970
Location: Qld
Posts: 1,404
Default

As a layer I operate in numbers that would be way out of my league as a backer. Guess that makes me one of the heavy lifters.
Reply With Quote
  #5  
Old 28th May 2015, 07:00 PM
Rinconpaul Rinconpaul is offline
Banned
 
Join Date: Feb 2013
Posts: 755
Wink

Quote:
Originally Posted by Mark
As a layer I operate in numbers that would be way out of my league as a backer. Guess that makes me one of the heavy lifters.


EXACTLY! I was wondering if one of the very few layers out there would confirm what I've been saying. We bankroll the Backers, they fill the ATM up, and we make the withdrawals.
Reply With Quote
  #6  
Old 28th May 2015, 08:35 PM
darkydog2002 darkydog2002 is offline
Banned
 
Join Date: Nov 1999
Posts: 4,332
Talking

Yeah right.
hehehe
Reply With Quote
  #7  
Old 4th June 2015, 10:53 AM
aussielongboat aussielongboat is offline
Member
 
Join Date: Nov 2010
Posts: 259
Default

Quote:
Originally Posted by Rinconpaul
I read a survey on a UK forum about the percentage of punter's betting preferences. I've often wondered, and here it is:

Backers.....50.1%
Layers.......11.5%
Each Way...21.8%
Place..........12%
Exotics.......4.6%

Straight away, Layers stand out as 2nd last taking their share of the pie. Now given that for every lay bet there's a matched back bet, and then there's those that place back bets with bookies and totes only (not the exchange), but are the layers matching more money per head than backers?

A rough example: For every 20 backers are there are only 10 layers but turning over twice as much money?


the layers are higher than i expected.
they are basically the bookmakers.
compare it to you oncourse experience -few bookmakers - many punters.
but turnover the same.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 05:02 AM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655