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  • 10Bet's New Horse Racing Markets

    10Bet.co.uk have recently introduced some new markets on Uk and Irish horse racing - place only, head-to-head match bets and betting without the favourite. As someone who likes to play such markets, I decided to take a closer look. I can honestly say that I have never seen such appalling odds on these markets (especially the place only markets which are nothing short of outrageous). I'm not naive enough to think that fixed odds prices on markets of this kind should match the corresponding market prices available on betting exchanges such as Betfair and Betdaq, but I would expect them to be at least within shouting distance of the exchange prices (e.g. 6/4 or 13/8 for something which is 2.7 on Betfair). As I post this, I'm looking at an upcoming 10-runner handicap at Newcastle (19:45 GMT on Friday 27 January 2017). The favourite (Harry Holland) is 1.55 for a place on Betdaq, but is 3/10 with 10Bet. The second favourite (Cool Strutter) is 2.12 for a place with Betdaq, but is 4/6 with 10Bet - and so it goes on.

    I would advise anyone who is considering playing these new markets with 10Bet to avoid doing so at all costs - at least until there is some sign of an improvement in their odds (I'll post an update in due course). I suspect, although I'm not certain, that these markets are being provided for 10Bet by TGP (The Gaming Platform), who power the likes of JenningsBet, SetantaBet and BetEast.

  • These markets (and the same odds) are now also being offered by NetBet and Comeon, all of which seems to confirm the involvement of TGP.

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    • Thanks,Trevrizent.I don't bet on horseracing,but I did see a comment on Twitter that Betdaq [now owned by Ladbrokes] are finally beginning to get it together liquidity-wise.Worth a look ?

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      • I'm the complete opposite as I only bet on horse racing, but, yes, I have noticed a gradual improvement in Betdaq's liquidity on racing markets over the past few months. They're still a bit behind Betfair, but the gap has definitely narrowed - and they charge a lower commission than Betfair. I would imagine that this increased liquidity can be found in markets on other sports as well, so certainly worth a look.

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