#BettingPeople

#BettingPeople Masterclass: BARRY DENNIS We last interviewed Barry Dennis in 2018 when he gave us the story of his rise from the poorest betting rings in the country to betting in the premium pitches, the best known bookmaker in the country. We have revisited him for a 'Bookmaking Masterclass' where he shares the knowledge learned during his 60 years in the game. A #BettingPeople special with Simon Nott.
BARRY DENNIS MASTERCLASS (part 3 of 4)
Should a bookmakers’ book always have the short one losing, his opinion on hedging bets and how long should you give a punter who is beating you a go?

[@johnristheanswer]

Re Hedging. It's a guaranteed win if you've laid at 2's on course and back it back on the Exchange at 9/4. I'd have thought most on course bookies are doing this now ? Daft not to.

[@Ray4thewin]

You'll make profit, but will you make a living?

[@johnristheanswer]

@@Ray4thewinHard to say. They're working to ~ 15/20% over round on most races , so given my example , about the same , but with no risk at all. I wouldn't want to be a bookie these days.

[@jakubwidlarz]

Just wondering what the average Overround difference is between the exchanges and on course?

[@johnristheanswer]

@@jakubwidlarz The overround on the exchanges is approx zero - 1%. On course , normal day about 10 -20%

[@jakubwidlarz]

@@johnristheanswer So including the commission it's more like 106-107 on the exchange?

[@relaxingwildsounds4178]

Very beautiful✨

[@andymatthews7617]

WHATS WRONG WITH BARRY.???? IS HE ILL????

[@marksimpkin127]

I first thought that …but he’s 81 I think but still all there just his energy levels abi5 lower bless him … xxx