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betting coup

  • 08-03-2011 11:14pm
    #1
    Closed Accounts Posts: 2


    lets say you want to back a horse at 33/1. whats the best way to get as
    much money on as possible throughout the day without alerting the bookies
    and shorting the odds to quick?


Comments

  • Registered Users, Registered Users 2 Posts: 5,494 ✭✭✭finbarrk


    What's his name and we will tell you!
    It depends on the race. You could get a good bit on next week on any of the races at Cheltenham. A maiden hurdle in Limerick next Sunday would be different. Most of the shops will call headquarters if the bet is taking out over €2k. So €50ew would probably put them on the phone. Small bets is the way to do it but that is a lot of organising and hassle.


  • Banned (with Prison Access) Posts: 18,184 ✭✭✭✭Lapin


    It depends on many different factors

    The bookies are very quick to spot anything irregular.

    Getting your mates (or soldiers as Barney Curley would call them) to lay with different bookies at the exact same time could be enough to raise alarm bells.
    And while you might get on at 33s its unlikley the price will remain at that.

    Of course this depends of the size of your stake and the type of race.
    Multiple small stakes placed at regular intervals on the Aintree Grand National will probably go relatively un noticed.

    But a coup of this nature on the 4.15 at Bellewstown would be picked up on immediately and the odds would fall sharply.

    Better to go for one attack at the price when you see it than spread it out throughout the day in the hope that the bookies won't notice.:)


  • Closed Accounts Posts: 2 Inside info


    Thanks for the replies.
    Its not really about one particular horse but would be interesting to pull it off all the same!! I would often hear word on a horse at maybe 16 or 20 to 1 and then ten minutes later he'd be 8's. Is there any limit that a person working in a bookies has to ring head office on?


  • Registered Users, Registered Users 2 Posts: 7,838 ✭✭✭Nulty


    Depends on where the shop is. I had one rung in for €50 win before near where live. I Dublin city it'd want to be at least €250 to get a call I'd say. Also depends on the cashiers pay grade and experience. If they've been hauled up for taking a big bet before they'll be more cautious etc


  • Banned (with Prison Access) Posts: 18,184 ✭✭✭✭Lapin


    I would often hear word on a horse at maybe 16 or 20 to 1 and then ten minutes later he'd be 8's. Is there any limit that a person working in a bookies has to ring head office on?

    On course betting can often play a big part in this.
    One punter laying €1000 in the betting ring at a midweek race in Down Royal would have more impact on the market than someone placing a similar bet in Paddy Powers branch in Bray.

    But again, there are a multitude of different factors to consider.


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  • Registered Users, Registered Users 2 Posts: 823 ✭✭✭Kauto


    There is no way of getting much on at that price in the morning. If it was a small stable and kept it quiet i would leave it till the opening show on the course and tip away on betfair at 100/1 plus. You could easily get 400-500 on at 80/1 or more if the price was 20/1-33/1 on live show. Have a few fellas place a couple of decent wagers at sp just before race then aswell. Problem solved. Its people who cant keep their mouth shut that ruin gambles. Morons trying to get 50e/w on in the morning. Small stable is the way to go. I know of one horse coming up that is trained by a top trainer but will be running for a trainer that has not had a winner in four years. Should be a decent price.


  • Registered Users, Registered Users 2 Posts: 641 ✭✭✭Gautama


    lets say you want to back a horse at 33/1. whats the best way to get as
    much money on as possible throughout the day without alerting the bookies
    and shorting the odds to quick?

    Just do the Kilbeggan from last year:

    Extraordinary betting coup landed at Kilbeggan

    BY JOHNNY WARD 11:07AM 23 JUN 2010

    AN AMAZING gamble was pulled off when the Conor O’Dwyer-trained D Four Dave won at Kilbeggan on Monday evening, it has emerged.

    The horse is part-owned by Douglas Taylor, managing director of MCR Group, a Dublin-based recruitment company, and the Racing Post can reveal that MCR paid 200 people to each place €200 they weregiven on D Four Dave, with detailed instructions issued to each in a letter (below).

    The coup would have won its organisers at least €200,000, only for it to become, in part, lost in translation.

    The six-year-old was an easy winner of the Hurley Family Kilbeggan Handicap Hurdle, sent off at 5-1 after having been available at 14-1 in the morning.


    Conor O'Dwyer: “We had a few quid on all right"


    PICTURE: Caroline Norris

    The vast majority of the 200 individuals employed to place the bets were foreign nationals, as the organisers sought to minimise the risk of information about the gamble being leaked.

    Each was given a watch, with the alarm set to go off at exactly 6.55pm – five minutes before D Four Dave was due to run.

    The ‘runners’ were then driven to separate betting shops in the Dublin and Kildare area and were given a note with instructions, a copy of which has been obtained by the Irish Racing Post.

    However, the plan went awry when some of the runners – who were paid €30 for what amounted to around three hours’ work – did not carry out the instructions with the military precision intended.

    It is understood that some of them could not read the note they had been given, while others tried to place the bet after the race had concluded and the horse had sauntered home by seven lengths.

    If each of the 200 runners had placed the €200 on the horse at the price shown, they would have won at least €200,000 – but it is understood that the actual figure is considerably less.

    Sharon Byrne, chair of the Irish Bookmakers’ Association, described the gamble as “unbelievable”.

    She added: “The whole of Dublin and most of Kildare were hit. Some of those recruited had really bad English and couldn’t even read what they were given.

    “The staff could see two watches on most of their wrists and were aware that something unusual was happening.

    “Some of the bookmakers’ staff got to keep the note that the runners had been given, although some of those recruited got a little aggressive and insisted they get the note back.

    “By hitting us all at the same time, most phone lines are clogged up. It’d be a weak bookie who wouldn’t take €200 at a live price from the course and I was on to all the various bookmakers this morning and they were all done.

    “It reminds me of the Barney Curley coup all those years ago,” she added.

    On that occasion, in 1975, Curley orchestrated a huge gamble on Yellow Sam at Bellewstown, after getting a friend to occupy the one telephone line at the course.

    O’Dwyer admitted the owners had backed D Four Dave. “We had a few quid on all right, as we thought it was a bad race,” he said. However, the stewards at the track inquired into improved form, as the horse had been beaten more than 40 lengths when he ran at Kilbeggan this month.

    O’Dwyer told them he felt the race was poor and he had expected the horse to be competitive. He added D Four Dave was ridden more positively and had benefited from the step up in trip. The stewards noted the explanations.

    The Racing Post understands that those who organised the coup had hoped the horse’s victory would have resulted in far bigger winnings. The horse’s price had contracted from 14-1 in the morning in to about 7-1 by the time on-course bookmakers offered odds on Monday evening.

    Even so, bookmakers were feeling the pain on Monday. Paddy Power, spokesman for the firm of the same name, said: “We lost a few quid on it all right. It was a good old plunge. We shortened it from 12s into 10s during the morning but it was freely available at 10s all day long.

    “It won’t go down in the history books or anything like that, but it was a bad result for us and we probably lost about €40,000 or €50,000.”

    At Boylesports, spokesman Leon Blanche said: “It was a really well-executed gamble and we lost a five-figure sum. It was a really good punt landed.”

    » Those remarkable instructions in full

    “Dear Employee, enclosed you will find:

    A completed betting slip for the bettingshop that you have been sent to. €200 in cash for which you need to place the bet.

    You should also have a watch with an alarm set to go off at 6.55pm. Your job is to place the bet exactly when the alarm goes off at 6.55pm. You need to be at the counter before the alarm goes off to be in position to hand over the betting slip and say to the person at the counter “I WILL TAKE THE PRICE”.

    When the person hands you back the betting slip you will pay over the €200. You then have to place the betting slip back into your envelope and return the slip immediately to your supervisor/driver along with the watch when he comes to pick you up. You can then return with your driver/supervisor to MCR office to get paid.

    Thank you.


  • Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    I suppose the plan wouldn't have worked using Irish as they'd have asked too much money for a few hours work ;) On the other hand reading the note wouldn't have been such an issue....


  • Registered Users, Registered Users 2 Posts: 4,235 ✭✭✭jacool


    Must have cost a small fortune in watches too !!!
    Pity the poor punters who thought they had their homework done and backed the horse that came second !! It was actually the favourite !


  • Closed Accounts Posts: 18,335 ✭✭✭✭UrbanSea


    Not necessarily. There wasn't any evidence of the horse being stopped before,it could have won without being backed for all we know.


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  • Closed Accounts Posts: 85 ✭✭jimjackson


    Betfair is the way to go,lump on all day and no one would bat an eye lid

    Can anyone remember that coup that happened at Cartmel and the horses name?,think it was late 70s.They ran a different horse under the same name and the bookies drove like nutters to get to the track to stop it


  • Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    Gay Future, it was filmed as Murphys Stroke which was a decent film TV film in the late 70s

    http://www.rte.ie/tv/scannal/GayFuture.html


  • Closed Accounts Posts: 85 ✭✭jimjackson


    mike65 wrote: »
    Gay Future, it was filmed as Murphys Stroke which was a decent film TV film in the late 70s

    http://www.rte.ie/tv/scannal/GayFuture.html


    I remember when the jockey came past the winning post
    he stuck his hand up in the air, and looked like he'd won
    a Grand National. Little did we know he more or less had!"

    [BERYL McCAIN]:D

    class


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