19th February 2007, 10:26 PM
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Member
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Join Date: Jan 1970
Posts: 4,426
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Quote:
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Originally Posted by Mark
Chrome, do I understand you correctly? I'll try some examples of what I think you're doing.
(a)You back say $20 @ 3.0, if it drifts to 4.0 you lay $25. or
(b)You lay $20 @ 3.0, if it firms to 2.5 you back it for $30.
The odds and amounts are fictitious, but have I got the general idea correct?
(a) Is more likely to lose because of the drift, and (b) is more likely to win because it has firmed.
So in effect you've laid (a) for $5 @ 7.00. And you've backed (b) for $10 @ 1.50.
ps It's late so I may be confused.
Look forward to your reply.
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Not exactly, basically I cancel (effectively) the unwanted bet/lay. This unwanted or "flag" bet is merely a $6.00 alert bet to give me a reminder heads up, it isn't to try and even up or take advantage of using that initial bet.
For example
(a)You back say $6 @ 3.0, if it drifts to 4.0 you lay $60. or
(b)You lay $6 @ 3.0, if it firms to 2.5 you back it for $60 is more like the ratios involved.
(a) Is more likely to lose because of the drift, and (b) is more likely to win because it has firmed.
Yes that's the premise.
I realise what you're getting at, that I'm actually betting against myself and reducing my own odds to a severe degree, however, using much better ratios of investment this is reduced.
Also on another issue, it is quite often that I go to lay a horse at say evens and it's already at $1.80, so in that case it becomes a bet straight away with no "flag" bet.
It's not perfect, but it's certainly a very good indicator to start with. |