Stupid Questions

[Another Value Loser]

Is the Arkle Bar reserved for Cheltenham Members only during Festival week?

I was at Cheltenham for the January Meeting and service at the other bars was poor/slow and seemingly inexperienced agency staff didn't know how to pour a pint of Guinness properly.

Tried the Arkle bar later on in the day and it seemed much more professional - pre-poured 3/4 pints which meant it was much quicker to be served too.

It made me wonder why I hadn't tried the Arkle bar before during Festival week but I've got a feeling it's for members only during Festival week. Is this correct or is it open to everyone?

[Istabraq]

Is the Arkle Bar reserved for Cheltenham Members only during Festival week?

As far as I know it never has been, but it is restricted to Club badge holders…

[Another Value Loser]

Thanks Istabraq . In that case, see you all there on the Tuesday

[Many Clouds]

Just wondering what beers they do at the festival, first time iv been so just hoping it's not Carlsberg. Can't stand Guinness so yeh if anyone knows which lagers they do? Don't mind a fruit cider either.

[Atlantic Viking]

Just wondering what beers they do at the festival, first time iv been so just hoping it's not Carlsberg. Can't stand Guinness so yeh if anyone knows which lagers they do? Don't mind a fruit cider either.

Lager wise you can basically have anything you want so long as it's Carling, at most of the bars anyway. Don't remember seeing much else. At the November meet there was a decent pale ale on offer in whatever that new stand is called.

[Imperial Commander]

There’s a Spanish lager called Madri in some of the bars

[thorne365]

When should tickets arrive by?

[Exar Essay]

When should tickets arrive by?

I've had mine for about a month mate. Did order as soon as they were released though.

[Many Clouds]

Lager wise you can basically have anything you want so long as it's Carling, at most of the bars anyway. Don't remember seeing much else. At the November meet there was a decent pale ale on offer in whatever that new stand is called.

Thats alright, not the best but if its flowing and got some life to it Carling isn't the worst to drink.

There’s a Spanish lager called Madri in some of the bars

However this is music to my ears, they just put this on draft at a pub near me and it is excellent. One of the best lagers I have ever had so I will be well happy with that!

[darlojim]

definitely the place for the following question I reckon..

When I see people 'laying a horse for stake back' how is this actually done?

Like I know you go onto betfair exchange but what's the actual bet you are making?

If someone could give me an example in monetary terms for the sake of ?10 stake or something, that would be greatly appreciated.

[thorne365]

I've had mine for about a month mate. Did order as soon as they were released though.

cheers - ordered mine in mid dec. Guess i should get onto them again [Haven't replied to a mail on sunday]

[Quevega]

definitely the place for the following question I reckon..

When I see people 'laying a horse for stake back' how is this actually done?

Like I know you go onto betfair exchange but what's the actual bet you are making?

If someone could give me an example in monetary terms for the sake of ?10 stake or something, that would be greatly appreciated.

If you say that you put a tenner on at 100-1 to back. = one thousand pounds potential profit.
And at a later date are able to lay it it 40-1 for a tenner. = four hundred pounds potential loss.
Your net position is 0 staked, but a potential profit of = six hundred pounds.
Assuming the horse runs and wins that is.

Been doing this a lot myself. As you've probably seen.
I tend to do it on horses that look vastly overpriced for whatever reason - performance or comments made etc.
But I lay the stake back when I can especially if I don't really fancy the horse or there is still a doubt they may not run.

Three stripe Life for example was never a 110-1 or 100-1 shot for the supreme, but people picked up on some movements and comments and assumed Ballymore may be targetted. So he drifted.
Probably still go to the ballymore - which is why I laid it back today.

[Exar Essay]

definitely the place for the following question I reckon..

When I see people 'laying a horse for stake back' how is this actually done?

Like I know you go onto betfair exchange but what's the actual bet you are making?

If someone could give me an example in monetary terms for the sake of ?10 stake or something, that would be greatly appreciated.

So i only ever lay when i've backed a horse first. This is a recent example of a bet i made (I've changed the amounts and odds for simplicity).

The horse is Bring On The Night in the Supreme.

1) I put ?10 on the horse to win at 200/1. If the horse wins, whoever took my bet owes me ?2000. Like a regular bet with a bookie.

2) I then laid the horse for ?1000 at 100/1. If the horse wins, I have to pay the bettor ?1000. If the horse loses, they pay me ?10. I, in effect, become the bookie.

What the above means is that in the two scenarios:

A) If the horse wins, I win ?2000 from the first bet but lose ?1000 from the second bet. Overall (1 + 2) I win ?1000.

B) If the horse loses, I lose the ?10 stake from the first bet, but win the ?10 which the bettor staked in the second bet. Overall (1 + 2) I break even.

If you look at bet 2 on its own, it seems bonkers to accept liability of ?1000 for a ?10 stake.

But, when you read the two bets together, I've essentially engineered a position whereby I've got a free ?10 bet on at 100/1.

[Quevega]

It sounds easy.
However, there are many occasions when it is never available at a lower price to lay, so you have to pick and choose carefully.
The times you can't lay off, should be factored into how clever the tactic really is
Most of it is probably just faffing.

[Dandrew99]

definitely the place for the following question I reckon..

When I see people 'laying a horse for stake back' how is this actually done?

Like I know you go onto betfair exchange but what's the actual bet you are making?

If someone could give me an example in monetary terms for the sake of ?10 stake or something, that would be greatly appreciated.

I've thought exactly the same.

I get the above responses, but if you laid a horse for ?10 at 100/1, do you literally have to hand over ?1000 there and then? Or can it be smarter than that?

I see some of you guys laying things off at huge prices (to make it essentially a free bet, which I totally get) but the thought of putting that much money up to lay a horse has always scared me!