Recently I was trawling through the Gambling Forum and came across this contribution from our friend Wesmip.
QUOTE=wesmip1]
All,
Just in case you are thinking of taking the double :
Look at The Accumulator prices on Betfair and you will find you can get anywhere from $1.91 - $1.95 for backing the two favs (geelong and storm)
But you could put all your money into Geelong at $1.39 and if you win place it on Melbourne on Sunday at (price may flucuate) $1.51 for combined odds of $2.10 which is a lot better than your $1.91 - $1.95
You can even see it on Centrebet :
Geelong / Storm = $1.91
Geelong at $1.33 into Storm at $1.47 = combined odds of $1.95
That may not seem like much but over a lot of bets it adds up. Its one way to find value.
Good Luck
The penny has finally dropped.... "Value" simply means finding better odds...
I was labouring under the misapprehension that "Value" involved calculating ridiculous prices around your selections and hoping that the tooth fairy comes to the party and gives you $10 against the $2 being offered to the mugs.
Whew,silly me,,,I thought people were setting 80% markets around their selections when all the time they were happy to grab $2.10 instead of meekly accepting a lousy $2.
Turns out I have been a "value" punter for years.
It's certainly true that in real world markets it's possible to "do better" and with todays technology at our fingertips we can squeeze a few more drops out of the lemon.Long live value!!!!