No, the bookies are not sneaking into your house at night and taking the pin numbers off your phones so they can use your credit cards. The bookies are simply doing their job, but in doing it, they are allowing you to give them money for nothing. Bookies have created conditions so that people betting online are throwing their money away.
Horse Racing And The False Favourite
This is a classic trick used by offline and online bookies. Let’s say you have a set of horses called:
Randy
Barker
Runny
Harper
Banger
Let’s say the bookie has figured that Randy is going to win the race, but they also see that Harper has had a good run and looks promising. They will not put Randy as the favourite; they may not even put Randy as the second favourite. They will drop it down a little so that people look at it but do not bet on it. Instead, they make the promising horse the favourite. It would go a little like this:
Harper 2/1
Barker 4/1
Randy 5/1
Runny 16/1
Banger 25/1
If you were …show more content…
Bookies can make a lot of money by downplaying the potential of a new horse and giving it longer odds.
Free Bets Encourage Compulsive Gambling
Most betting sites and online bookies are heavily monitored because they are not allowed to actively encourage addictive behaviour. There are things called triggers, and these are messages that remind an addict of the thing he or she enjoys and ergo cause them to indulge in the addictive act.
Triggers are commonplace for many addictive behaviours. For example, “No Smoking” signs are actively encouraged by smoking companies, even though most people know that smoking indoors is not legal in their country. There are no signs saying “Don’t murder” or “No Fighting.” Alcohol-marketing companies will sponsor sporting matches, and their brands/logos act as triggers. Even mobile apps have triggers when people are sent update notifications and so
Horse Racing And The False Favourite
This is a classic trick used by offline and online bookies. Let’s say you have a set of horses called:
Randy
Barker
Runny
Harper
Banger
Let’s say the bookie has figured that Randy is going to win the race, but they also see that Harper has had a good run and looks promising. They will not put Randy as the favourite; they may not even put Randy as the second favourite. They will drop it down a little so that people look at it but do not bet on it. Instead, they make the promising horse the favourite. It would go a little like this:
Harper 2/1
Barker 4/1
Randy 5/1
Runny 16/1
Banger 25/1
If you were …show more content…
Bookies can make a lot of money by downplaying the potential of a new horse and giving it longer odds.
Free Bets Encourage Compulsive Gambling
Most betting sites and online bookies are heavily monitored because they are not allowed to actively encourage addictive behaviour. There are things called triggers, and these are messages that remind an addict of the thing he or she enjoys and ergo cause them to indulge in the addictive act.
Triggers are commonplace for many addictive behaviours. For example, “No Smoking” signs are actively encouraged by smoking companies, even though most people know that smoking indoors is not legal in their country. There are no signs saying “Don’t murder” or “No Fighting.” Alcohol-marketing companies will sponsor sporting matches, and their brands/logos act as triggers. Even mobile apps have triggers when people are sent update notifications and so