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-   -   Trading on Betfair (http://forums.ozmium.com.au/showthread.php?t=17545)

Crackone 4th May 2008 04:35 PM

Hi Chrome do you back the drifters (greening up) or just let it ride knowing you have layed it at lower odds.

YoungBuck 4th May 2008 05:31 PM

So Chrome, you essentially place 3 bets on the event, all before the jump? You can 'set and forget' with that method? Or have i missed something.

The laying at $1.02 thing you spoke about earlier is a slightly different approach again i assume.

Sounds very interesting.

odericko 4th May 2008 06:54 PM

ok in that example as i read it if lay the horse at 3.50 and 3.00 at 10 that is lose 45 if it wins back it at 3.35 so therefore if it wins you lose 10 if it loses you win 10

Bhagwan 4th May 2008 09:26 PM

Yes **************** that liability button is perfect for lay bettors.

Sometimes called betting to odds.

It keeps the bets totaly in control at any given time & is considered to be one of the strongest methods to use according to a number of lay bet experts.

Cheers.

Chrome Prince 4th May 2008 09:55 PM

Quote:
Originally Posted by Crackone
Hi Chrome do you back the drifters (greening up) or just let it ride knowing you have layed it at lower odds.


I let it ride.
I've layed under the odds, so I'm happy with that.

Chrome Prince 4th May 2008 10:10 PM

Quote:
Originally Posted by YoungBuck
So Chrome, you essentially place 3 bets on the event, all before the jump? You can 'set and forget' with that method? Or have i missed something.


Yes, with the insurance bet either taken at rebound or inplay.
It is important to note you only place a back bet at the original odds if a lower lay bet is triggered.

It's not as set and forget as I'd like.
There is software that will do it, but unfortunately, to have it running on every race, the download usage is tremendous and the api calls exceeded attracting very excessive charges for the priviledge.
Also having 40 odds markets running at once will challenge even a quad core computer with 4 gig of ram :(

odericko 6th May 2008 07:55 PM

ok heres another even aesier one
1/ last sp higher than its previous one
2/this current sp 6s or<
3/ not the same jock
i tried to find a losing day at random ...blowed if i could looks like a goodun

Wombat2 6th May 2008 09:13 PM

****************,

dont post much, but read the forum often.
with your post at 8.55pm tonight, did your system win or lose on Ballina R2 , as I have calculated that horse 1 would have been the selection or have I understood the rules.

Cheers wombat2

odericko 6th May 2008 09:43 PM

wombat it is a lay system ballina r2 was a no bet same jockey was riding no2
ballina r1 lay no1
r6 lay no1
r7 lay 4and 9
r9 lay no1
thats it dead easy if 2 selections do whatever i chose to lay the 4 only in r7

Pluggerduck 10th September 2009 11:49 PM

CHROME what your strategies on trading ? are they still the same as april last year ? any help would be much appreciated as i am just getting my head around on this site and am very interested on learning and hopefully eventually helping other people learn how to trade

cheers


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