Palmerbet promise challenge

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12 Responses

  1. Thomas says:

    Can you explain this line to me “In regards to the challenge, he said if I called and asked for a bet then he would probably accept it,”

    Probably accept it?? wtf. surely when they publish their odds then they should be prepared to lay bets at them odds regardless of who you are. why should you have to wait to bet at a certain price.

    It’s quite simple for bookies – they have 3 options: a) close your account b) restrict your account or c) let you bet with them.

    So I’m interested to know what he means by ‘probably’? lol these bookies really make it hard for themselves. It’s a simple business model that requires just two basic principles – risk management and marketing.

    btw Steve..do many of the books take down their AFL lines before sportspunter releases. Is it just palmer? who else does it?

  2. Steve says:

    Topsport does and a few smaller Australian books. Pinnacle also takes it down after 1 bet is placed. When bookies are running scared of a tipster you know your onto a good thing.

    In regards to Palmerbet, i feel the same as you. They either take a bet or they don’t. I really like the Pinnacle way, they have the max bet they will take next to the odds. Very simple.

  3. Thomas says:

    Has there been some news in the last few days about Pinnacle opening up an Australian business with bigger limits?

  4. Steve says:

    Yep, I’ll post more details as I get them.

  5. PhatKoch says:

    So how do YOU get your bets on for Sportpunter tips ?

  6. Steve says:

    By doing a lot of prep work 30 minutes before they are released and placing my bets across about 10 different books. It’s a real pain but for the profit it’s worth the effort. There are certain bookmakers who still take a bet, but you can figure that out for yourself.

  7. bigputer says:

    Steve, have you had any more bets with palmerbet? are they rejecting all your bets?

  8. Steve says:

    I haven’t bothered as they are still taking the lines off for AFL and their odds for everything else are worse then most places.

  9. Colby Paulding says:

    Firstly your article does highlight the issue many australian semi-professional punters are experiencing in regards to being let on for large amounts of money at their desirable odds. However any bookmaker in Australia would let you on to win any amount (20-50k) providing your betting with adequate time to allow for risk management and hedging however punters like you (perhaps arbitrageur) only want to take the odds off a corporate once the price is “off” on Betfair which is [arguably] a true indication of the market odds of a horse. i do not represent any corporate bookmakers but you have to understand that no business engages in practices that statistically will result in deliberate losses for the sake of providing a service for their clients. I urge you to consider on-course bookmakers who will accept your bets over corporate bookmakers who are only their to saturate and absorb all the masses of the traditional TAB punters. You only have to look at the success of MR Z [zeljko ranogajec] or Sean Bartholomew to see that success on Australian racing is possible however involves a much more sophisticated approach to arbitraging corporates against Betfair

  10. Steve says:

    Hi Colby and welcome to the site, I am assuming this is the very first article you have read here as you seem to have no idea at all about how I bet. Firstly I have only started betting on horses recently, this article was written before I bet on a single horse race. This site is tracking my success in sports betting.

    If you had taken the time to even look at the about section you would have seen that I follow tipsters, I have never arbed and see no point in it.

    Your claims that any aussie bookie will take bets between 20-50k is laughable. If they are taking your bets for that amount there is one very good reason for that, it’s because you are a losing punter. I bet on average at least 10-20 hours before an event, I do off course look for the best possible odds (if I didn’t I would be an idiot).

    The fact you have to say “I do not represent any corporate bookmaker” leads me to believe you do, but once I read your comments I do believe you, as anyone working for the corporates (and I talk to many who do), knows how ridiculous your claim is.

  11. thomas thompson says:

    Where are you mr Bartholomew, cant see any big bets lately, ???

  1. May 13, 2014

    […] seems these days I can’t say anything without causing offense to someone. Last week it was my challenge to Palmerbet to accept my bets, I then received a call from the owner not using the nicest language about […]

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