Update: moving along; Pre-Mugello and Miller

Hello avid readers,

just quickly.

Keyboard has been a little tetchy - I've decided against doing a full article this week.

I will however point out that this weekend at Mugello is shaping up to be a great contest: FP1 sees Lorenzo, Rossi, Stoner in fairly close contention, Pedrosa a couple tenths down. Other Ducatis off the pace, good form from De Angelis, Edwards, Dovi.

WSBK at Miller (Salt Lake City) sees Spies not taking the dominance he might have hoped for, and championship leader Haga down the timesheets.

I have finally kicked off the season's punting. I've opened accounts (including sign-on bonuses) with Centrebet and Sportingbet, and transferred some liquid back into my Betfair account. They both seem to be offering decent odds - the former especially. I've bypassed a few generous sign-on offers from Sportsbet and ISABet on account of them offering appalling odds. MotoGP is obviously a fringe market and they appear to be taking upwards of 20%. My only concern is that I have been unable to work out the withdrawal requirements for these agents, both in general and on bonuses.

I have signed up with moto-live.com (ESPN) in the hope of some non-MotoGP.com - I missed FP1 because I couldn't get my account organised (important email went to spam). I couldn't get much easy info on content, but the selling point was the monthly subscription (10USD) - unlike MotoGP.coms huge upfront commitment. I'll be able to review soon.

Betting tips? win: Rossi has been quite short (<$2), partly deservingly, but the trend is exaggerated (it often is with popular riders). Stoner's offered some good long odds (which I have taken up), and I expect Pedrosa will after FP1 (not yet realised), though he's been too short so far. Qual: Rossi has been too short - yes it's his home track, but he's never had a qualifying advantage - but Betfair hasn't had a developed enough market to match anything.

Finally, http://spcbet.com/sportsbookreviews.html seems to offer some good agent reviews, but Idon't know that many of them will be accessible from Australia.

Over and out.

--------
@JohnSBaxter
2009-traveldiary.blogspot.com
2009-motorcyclist.blogspot.com
jsbaxter.com.au (coming soon!)

Getting down and dirty: making racing financial

Another Friday night, another practice session - another blog post. I will assume that you have all been doing your homework - reading up on all the racing news with the leads I posted before the last round - and are all in the know about the current racing situation. I needn't therefore mention that MotoGP is racing on Sunday at Le Mans (Fox3 10pm AEST), and WSBK at Kayalami (RSA; Fox3 from 11:15). And it is no doubt obvious that these are both going to be stellar affairs.

MotoGP FP1 starts in 52 minutes, btw.

Being all the more cluey, however, I think it is time we all put a couple of dollars behind our opinions to see how well they really stack up.  And to do that, you are going to need to find betting agents.

There is a huge variety of online betting agents out there, deciding where to place your bet can be just as hard as picking the appropriate odds on a de Puniet top-6 finish.  Fortunately, there are a few things which you can use to narrow down the options and to find the bet which is right for you.

Odds Comparisons

If you Google you are likely to get returned a broad number odds comparison sites: realistically, there are only one or two which are worth checking (many are obviously duplicates, some offer mainly sites which aren't any good for Australians, and some just aren't good). The only one I have bookmarked is http://betfinder.bestbetting.com/motor-sport/moto-gp/

Checking out the odds grid it becomes apparent that there are some quite considerable differences with different agents, but there is also another trend that you will probably notice:

Betfair

offers awesome odds.

Betfair is not a bookmaker as much as a forum for punters to match each others' bets.  Betfair don't employ statisticians to make their odds, nor do they risk their own cash - as a result, instead of an average 15% buffer on odds, they take 5%.  The end result: 10% better odds, which more often than not is the difference between winning and loosing.

(NOTE, however, that this is calculated after the fact, so quoted figures are artificially inflated by 5% over a bookmaker's offerings. On the other hand, what you have is only what hasn't yet been matched: you can typically offer at least 5% better than what is available, which may or may not get matched)

(Another note: I have heard Betfair as quoted averaging 20% better odds. While I am sceptical of the comment, the difference could be even greater than I suggest.)

The downside is that there is usually little worth investigating in non-popular markets: without a few hundred or thousand people already betting on a market what's on offer is typically poor.

Betfair is a little bit different, and I will not be able to describe it without really going into depth: all I can say is that if you're looking to punt online, you need to check it out.

Special Offers

Special offers can make a 10% difference in available odds look paltry: many agents offer very substantial signup bonuses in many different forms - I am looking at a Sportingbet offer which amounts to 334% on an initial deposit.  Before signing up with an agent, Google them for offers.

Every current offer that I am aware of is also listed, with much kindness, on http://www.way2bet.com.au/page/bookie-offers , but there are always short-term offers going around.

Other things to check

The most annoying screening factor is that you need to be able to use the agent from your country of origin.  Often, there will be nothing suggesting it is illegal, impossible, or even difficult for you to use a site, but when it comes time to trying to take advantage of that golden odd or fantastic offer you painstakingly come to the conclusion that it is not possible.  In my experience, it is usually difficult to transfer money overseas (even if they claim they accept AUD, or your credit card), and even more commonly impossible to transfer it back.  These facts are never listed anywhere - that would be too convenient. CHECK before uploading your worthy dollars to a company which doesn't have processes to give it back. Companies will list their transaction methods, and if you aren't 100% that you can use those methods then don't.

Also while we are in the ballpark, double check what fees and charges apply for transfers in and out (usually credit is faster but more expensive than direct deposit/BPay).

Suggestions/Notes

In conclusion, a few agents which are either specifically Australian, or have local branches - I don't have experience with many of them, but I will be rectifying that over the coming months:

sports.betfair.com

if you only use one site, make it betfair

centrebet.com

I've almost opened an account with these guys before - good deposit options and appear to run better-than average margins.

sportingbet.com.au

sportsbet.com.au

two other large competitors I don't know much about - but see their special offers (see above)

racingodds.com.au

I have a job application currently being considered with these guys, I couldn't leave them out.

tab.com.au

Appear to offer industry-worst margins, a largely archaic online wagering system (you can only register in business hours!?), and no... something else. Have, however, offered some pretty bad spreads in my experience = good betting opportunities.

In Summary: Get out and do it

If you are going to get around the betting scene, make the jump and do it seriously - not something I have done yet.  There is no use checking the odds on a site if you don't have money with them.  Not only could a transfer prove difficult, it will usually take some time too - long enough for the winds to blow and that bargain to deteriorate into a lemon.

Dammit!  I am missing FP1 and need to get ready to head out (to party!). Not that it matters - I still haven't fired up any accounts for this season.  But I will, soon!

And just between me and you, I think I can make more $$ than you can.  In the next few posts I'll give you a bit of an introduction into how I'll do it.

--------
@JohnSBaxter
2009-traveldiary.blogspot.com
2009-motorcyclist.blogspot.com
jsbaxter.com.au (coming soon!)

Researching, Learning, Procrastinating: MotoRacing Information Sources

Friday night on the net - tossing up between going out and doing the socially acceptable thing, or staying home to watch live-timing of MotoGP free practice 1 at Jerez. I assume all my readers are in a similar position.  Right?

If you're reading this in anticipation, having checked out last week's entry and wondering whether I have anything valid to say - I assume you are someone for whom MotoRacing is more than just a pretty race and occasional social event.  I assume, like me, that you have an interest in what is going on - the information as well as the spectacle.

If not, you're probably best tuning out for a few weeks.

As promised, I will gloss some of the sources I use for information on MotoGP - my knowledge of news sources and writers might not be special, but it is enough to satisfy me, and should be more than enough for most fans.

Anybody willing to share their information sources I would love the input -see the comments section below, or however else you might prefer.

MotoGP.com

This is the most obvious stop, and should usually be your first stop.  Please, though, don't make it your last stop.  As I wrote in my notes on these sources, it is 'so good, yet so bad'.

The site is dedicated to MotoGP (+125s and 250s - these last two seemingly becoming sidelined with the new site layout), carries reasonably timely news, has summaries and previews (quite general in nature), lots of interviews and articles on what people have said, extras like videos and articles on rider equipment and tracks etc (usually quite basic and uninteresting).

For the keener, the site maintains a live timing system which is simple but effective - when it works - and a pretty good database of results in various formats (e.g. lap-by-lap analysis - mainly in pdf).

For the richer, willing to subscribe to membership, there are a pretty good range of videos of interviews, on-track-laps, highlights and other footage, and of course live-streaming and replay-streaming of all races.

This all sounds pretty good, right?

Well - much of the site is geared towards encouraging you to take out a membership, and that which isn't is held together by a frustrating structure which is of use only to the casual netsurfer.  It is a real pain to navigate, exasserbated by the hugely image-, ad- and flash-heavy pages which take forever to load what will likely be a few sentences you want to read, a simple link or a single picture.

 Unfortunately, forking out for a membership does not solve these problems, more often than not adding 'unsatisfied expectations' to the list: having signed up in 2008, I never will again.  I found myself writing numerous complains letters about faulty videos and live timing (among other more minor irritants), requesting some sort of partial refund - never getting a response of course, and not really expecting one given the difficulty of contacting them at all - and using virtually none of the services I paid top dollar for.

I have heard of people happy with MotoGP.com, and if you spend a lot of time on YouTube watching random videos, are lucky enough for the site to work, and have some $$ to burn, then it might be for you.

Personally, I still download the pdfs of practice/qualifying lap-by-lap results and analysis (invaluable in determining the pace that riders are actually able to lap at), and the news articles I subscribe to via RSS.

There is a reason that many MotoGP news sources are more-or-less rewritten from this site, as passionate as I am about its shortcomings.

www.moto-live.com

An ESPN-run site (apparently), with a variety of general (apparently original) news stories, on both MotoGP and WSBK.  It is solidly MotoGP focussed, and I can't find any WSBK-specific sections (just the odd article).  I don't bother with the news as it generally covers little original ground, and the RSS feed never worked for me.  But that's not why you use moto-live.

When I get the shits with MotoGP.com's live timing (often), this is where I end up.  The system is a little archaic, frequently refreshing a page with basic rider details and order, but it has always been very reliable.

The site offers premium-memberships (quite cheaply, especially in comparison to MotoGP.com), and I think this is the site I have had recommended for coverage of GP races - when I get off my arse I will look into it and probably subscribe this year.  (Ping me if you want an update.)

Crash.net

A pretty good source of general MotoGP news, a worthy alternative first-stop over MotoGP.com - I unsubscribed from updates, however, as the general news seemed largely to double up on what was available at MotoGP.com

HighRevs.net

Quite a basic, unoriginal, infrequent (and poorly written) MotoGP news feed - I love the RSS, however, as the feed text is a proper summary, and is very convenient on the mobile phone when I'm away from real news.

MotoGPMatters

http://www.motogpmatters.com/

I love this blog, it is awesome.

The site is run by David Emmett, a journalist with a genuine passion, who writes his own summaries (based upon on-site or telecast action and other information - not rehashed motogp.com articles like many minor news services) and previews, and frequent genuinely insightful, provocative and well-considered articles.  He would not suffice as a primary news source, but as a primary point of discussion he should be your first stop.

His site contains a few other less-interesting sections, though also a seemingly decent forum (not yet having joined) for enthusiasts like us.

My only real complaint is that I haven't been reading it for long enough to make a proper comment on it.

MCN

Motorcycle News

British bike-mag's online presence - heaps of articles, all mixed together in news feeds, often of dubious quality and where not they are often mere placeholders for articles in their magazine.  People seem to read through these (the articles are linked to often enough), but don't set your sights on enlightenment.

Other Info

Australian Foxtel TV guide

https://www.foxtel.com.au/whats-on/tv-guide/default.htm

Because we can only dream of a day when MotoRacing is broadcast live on free-to-air.

Missing?

I just realised how little good WSBK (or any SBK) sources I refer to.  No wonder I'm so far out of the loop.

Well, only 35 minutes now until FP1 - I think my social life can deal with a little more postponement.

--------
@JohnSBaxter
2009-traveldiary.blogspot.com
2009-motorcyclist.blogspot.com
jsbaxter.com.au (coming soon!)