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#41
3rd May 2014, 10:12 PM
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Carry Forward -0.50c
GWS vs Port Adelaide 2.10pm Lay at $12.50 Back at $10.00 Lay at $1.08 Back at $1.11 WON +.30c Adelaide vs Melbourne 4.40pm Lay at $1.10 Back at $1.09 Lay at $10.50 Back at $11.50 WON +$10 Get in! Brisbane vs Sydney 7.40pm Brisbane Lay at $4.50 Back at $6.00 Sydney Lay at $1.25 Back at $1.19 WON -$0.60c Essendon vs Bulldogs 7.40pm Essendon Lay at $1.34 Back at $1.32 WON -$0.20c Bulldogs Lay at $3.75 Back at $4.00 Overall +$9.00 profit for $10 example stakes.
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#42
4th May 2014, 02:26 PM
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Overall +$9.00 profit for $10 example stakes.
Forgot to add that the maximum liability to get that $9.00 profit was $25.00.
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RaceCensus - powerful system testing software. Now with over 399,000 Metropolitan, Provincial and Country races! http://www.propun.com.au/horse_raci...ng_systems.html *RaceCensus now updated to 31/03/2024 Video overview of RaceCensus here: http://www.youtube.com/watch?v=W821YP_b0Pg
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#43
24th May 2014, 11:27 PM
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Gold Coast vs Western Bulldogs 3:20pm
Gold Coast Lay at $1.28 Western Bulldogs Lay at $4.80 Carlton vs Adelaide 4.40pm Carlton Lay at $2.36 Adelaide Lay at $1.74
__________________
RaceCensus - powerful system testing software. Now with over 399,000 Metropolitan, Provincial and Country races! http://www.propun.com.au/horse_raci...ng_systems.html *RaceCensus now updated to 31/03/2024 Video overview of RaceCensus here: http://www.youtube.com/watch?v=W821YP_b0Pg
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#44
25th May 2014, 09:35 AM
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Being fairly ignorant about sports betting I have a question about draws - doesn't a draw result in all back & lay bets losing? so in these examples would mean a $40 loss?
On reflection I assume the lay bet must win, or else there is no way this method could be used on soccer. Last edited by stugots : 25th May 2014 at 09:38 AM.
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#45
25th May 2014, 10:57 AM
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Quote:
Nice examples, every market is greater than 100%. Lay to payout the same for as much as the market can stand. No need to do anything else.
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#46
25th May 2014, 10:58 AM
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Quote:
Back bets would lose, but lays would get the lot.
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#47
25th May 2014, 11:09 AM
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Quote:
In markets where there is a draw selection offered, you do the same procedure as above on that selection as well. If a draw occurs on a sporting event where there is no Draw selection offered, then... Dead heats Unless stated otherwise in the Specific Sports Rules the Dead Heat Rule applies to bets on a market where there are more winners than expected. Dead heat is a term that describes when two or more selections in an event tie. If a “dead-heat” between two selections is declared on any event, half the stake is applied to the selection at full odds and the other half is lost. If more than two “dead-heats” are declared, the stake is proportioned accordingly.
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#48
25th May 2014, 11:09 AM
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CP, I understand what you are doing but laying both at less than 100% and backing both at more than 100% can't be a good strategy, can it?
Take that back as I've just run the numbers on a hypothetical. Lay 1.28 Back 1.20 Loses .80 Lay 4.80 Back 5.60 Wins 8.00 The equivalent of 10.00 on a 5.60 chance. ps, still running the UK thing that you showed me?
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#49
25th May 2014, 11:22 AM
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Here's something for those that get banned, you'll need a massive bank, but won't get banned. They'll think you're a complete mug.
I found some Euro bookies that offer odds up to 1501 and a few more that offer 5001 on Formula 1. Given Betfair's maximum is 1000, and you green up, it's risk free profit. But is it practical to expose that much capital?
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#50
25th May 2014, 11:31 AM
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Quote:
No liquidity dropped and that was the problem we were facing and why you started to get different outcomes. Switched to sports, a lot more manual work and time involved, but money always there. As for the above example: if you risk say $8.00 to win $80, that's odds of $11.00 not $5.60. and there's your edge.
__________________
RaceCensus - powerful system testing software. Now with over 399,000 Metropolitan, Provincial and Country races! http://www.propun.com.au/horse_raci...ng_systems.html *RaceCensus now updated to 31/03/2024 Video overview of RaceCensus here: http://www.youtube.com/watch?v=W821YP_b0Pg
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