22nd July 2009, 06:48 AM
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Member
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Join Date: Jan 1970
Posts: 2,428
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1pt difference , doing it all the time does make a difference.
The blaze approach to value is astounding & found most prevalently with TAB punters, that's why the TAB still exists.
Example.
Get 10.00 instead of 9.00 = 9/1 & 8/1 = diff 12.5%
Get 4.00 instead of 3.00 = 3/1 & 2/1 = diff 50%
Have 8 bets
1 winner
Get 9.00 instead of 8.00 = 8/1 & 7/1 = diff 14%
1 unit profit.
That's 12.5% POT instead of break even.
Compare say the TAB price of a tipsters top selection to Betfairs price.
The difference is huge, percentage wise, sometimes there is a 100% difference.
Yet a large percentage prefer to take unders all the time betting with the TAB.
Why? if they don't have to.
I guess they dont care because a winner is a winner at any price, attitude.
If thats the case why why not back 75% the field & pray for an outsider to get up, now suddenly, price does make a difference and one will be accepting unders on nearly all of them.
One has to convert to fractional odds to get the true percentage difference.
One would have to ask...
Would you buy shares that were 10% more than what the general market was offering?
It could take a whole year to make up the difference, yet punters shrug this percentage off in one bet & continue to do so with all their other bets... weird.
Steve.
If you are hunting for the strongest price, go to one of the sites that shows a number of book makers prices which also compares this to Betfairs price & you will see most times that Betfairs price is usually the stronger, in a majority of cases.
Cheers.
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Cheers.
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