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13th January 2005, 08:29 PM
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Member
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Join Date: Jan 1970
Posts: 38
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back to the In-Play betting...
Betfair turn cricket and golf 'out of play' overnight, ie when play isn't going on. This is a contentious issue in the wording of the law, but Centrebet do it as well as far as i can see.
The law only applies to betting online, you can make exactly the same bets over the phone (yes it is stupid, but we are dealing with politicians here who don't understand the issue and brought it in purely as a sap job to appease the ant-gambling crusaders who wanted pokies banned but states govts are addicted to the revenue...). Anything offered in-play with Betfair can be bet via the phone, but minimum limits apply - I've found them pretty relaxed about enforcing that for Aussies - it's usually £50 min but I've had no trouble getting on for AU$50 on cricket...
As for betting on racing in-running, there are a few fields of thought -
- either you are mighty quick with your judgement and fingers
- or you take a stats based approach (leaders at the 600m mark only win X% of races at track Y)
- or you try to lay two horses at odds-on in a race (my preferred option)
Jumps season seems to be the best for it, simply because of the length of the race and split-second timing isn't as critical.
If you can read a race yourself without relying on the commentary, it is a bonus. In the Olympic marathon (women), the Brit commentator was raving about how the 2nd woman was storming home and would breeze past the leader.. she traded way into the red and never caught the leader. The price swings within about 3 minutes were quite staggering.
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