Sky Bet

Quote: Sadfish "
Quote: Sadfish "
Quote: Sadfish "
Quote: Sadfish "
Quote: Sadfish "They still have traders. They just tweek the feeds based on how much money is posted and any particular market and sometimes just to encourage people to a new market.'"

Skybet is owned by Flutter now, big shake up happening and reorg (so I hear).'"

Actually you are right. Flutter bought the Stars group which owned them before.
It's still run from Leeds which is probably why they have slightly better markets on Rugby League but the income from this market is a pimple compared to Football and Racing.
SkyBet isn't massive but a decent company worth betting with (and working at). They couldn't compete on Grand National day for speed of payout and even just said they couldn't pay out till next day but Flutter might have invested more and changed that. They do well on gaming too.
It costs millions to build the infrastructure to stay up on GN day, and the Premier League Saturdays are as big these days. The Big companies like William Hill are taking 15k bets a minute at the GN peak just on the website.'"

I don't gamble ,when i was a young'un my dad used to say to me "you never see a poor bookie" looking at this comment it looks like he was right.'"

well, i know of people who do make a living betting, but they are few and far between.

most betting shops know them, they restrict their odds and offset their bets.

usually they have inside knowledge, mainly in horse racing.'"

Indeed.
I worked in the IT side of the betting industry for a few years. While there I took a basic bookies course where they taught you how to be a trader/bookie. Really good.
At the end the trainer, who was a senior trader, asked for questions.
Someone asked how you can win at betting.

His first answer was: don't bet what you can't afford to lose, because the likelihood is you will lose it.
Second answer was: bet on something you know that is niche. He said if you bet on Liverpool v Man Utd, it's likely the traders know what is happening better than you. So it's just luck. If you enjoy the thrill it's great and can make a boring game fun, but the odds are against you.
A pro will study races not on anyones radar or target second division football in Switzerland and try and find lazy odds.
It's really hard work to make a living betting, but it's no different to working the stock exchange. You can make big money, but you are more likely to lose your house.
I bet for fun, but my bets are £5 or less and only on big events