Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > Horse Race Betting Systems
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 4th July 2010, 03:11 PM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,427
Default betting overs

G'day all touching base from the old country here, what are the thoughts on this? I.E. say you are working to +20, so your nag is shown as $4 (3-1) so do you add 20% onto the $4 ,so your required price is $4.80c, or do you add the 20% to the ODDS only i.e 3-1 x 120% = $3.60c + the stake = $4.60, feedback appreciated.
Reply With Quote
  #2  
Old 4th July 2010, 04:26 PM
darkydog2002 darkydog2002 is offline
Banned
 
Join Date: Nov 1999
Posts: 4,330
Smile

Add to your required price Party.

If your asessing your own prices always bet the overlays at your own asessed prices.$4 (3/1=$33) but you get 5/1 still bet $33.

Cheers
darky
Reply With Quote
  #3  
Old 5th July 2010, 05:11 PM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,427
Default

Yes thats what I thought, but I've read several posts where the writer is adding the 20% onto the odds quoted which INCLUDE the stake. So in effect you are adding more than 20% which if that is the intention ok I guess!
Reply With Quote
  #4  
Old 5th July 2010, 05:40 PM
jose jose is offline
Member
 
Join Date: Jan 1970
Location: brisbane
Posts: 419
Default

Party, did you get my message re the prices????????
Don't know if it went through.
Cheers.
__________________
Jose'.
Reply With Quote
  #5  
Old 9th July 2010, 03:46 AM
partypooper partypooper is offline
Member
 
Join Date: Nov 1999
Location: Western Australia
Posts: 2,427
Default

Jose, yes thanks for your help. haven't managed to get all of them but another forum member helping as well so I should end up with most. Great stuff and thanks again.

Some places don't have Wi-fi and others don't allow access to what they call "gambling" sites. so its bit difficult.
Reply With Quote
  #6  
Old 9th July 2010, 09:44 AM
jose jose is offline
Member
 
Join Date: Jan 1970
Location: brisbane
Posts: 419
Default

No worries.
__________________
Jose'.
Reply With Quote
  #7  
Old 10th July 2010, 12:38 AM
Bhagwan Bhagwan is offline
Member
 
Join Date: Jan 1970
Posts: 2,428
Default

Technically, it should be added to odds, not price, which is a conversion from odds anyway.

If one wishes to convert from price instead of odds, use $5.00 as the median.

We would then multiply all prices by 1.16
eg.
$5.00 x 1.16 = $5.80 (= 4.8/1)
Same as
4/1 x 1.20 = 4.8/1
__________________
Cheers.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 10:45 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655