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  1. #76
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    Quote Originally Posted by poidda View Post
    For this to happen, sporting bet would have to be paying much better odds than betfair! And if you can lay it for $6.50, than they would only be paying less again.
    I too saw that as a pretty optimistic example. Realistically hedging bets is a good theory, but i dont think numerous accounts is the way to do it.... Betfair alone is good for it, but hedging the nags is hard work for anything more than pocket change. Hedging bets over a season or to save a multi is the way forward though.

    typical kpac.
    Have a $100 multi over 5 legs, (stand to win 1k)
    4 have done the job - just waiting on the last at $2.5
    get on the others at $100 @ 1.33

    This was, best case scenario you pocket $1k - $100
    Worst case you get your $100 and interest.

    HOWEVER as a rule of thumb
    The more you hedge, the safer you bet, the less you win.
    The less you hedge, the riskier the bet, the more you stand to profit but the more you lose.
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  2. #77
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    All signed up with Betfair so now I just have to get used to layout of the site and general rules

  3. #78
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    Quote Originally Posted by Eag's View Post
    All signed up with Betfair so now I just have to get used to layout of the site and general rules
    mate you'll be off an running in no time - i find the layout pretty quick and the learning the process wont take you a minute. Back when it was early days in aus, you use to have trouble getting enough people to make a field, but i haven't had any issues of late.
    Golflink
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  4. #79
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    Or another hypothetical.

    Say you put $50 on the Roar to win the A-league at $21 back in June. You would stand to collect $1050.

    They are now paying 3.45 or you can lay it for 4.40.

  5. #80
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    Quote Originally Posted by Eag's View Post
    All signed up with Betfair so now I just have to get used to layout of the site and general rules
    Good move eags. Now get the smartphone App, and you'll never have to leave trackside again.

  6. #81
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    Quote Originally Posted by poidda View Post
    Or another hypothetical.

    Say you put $50 on the Roar to win the A-league at $21 back in June. You would stand to collect $1050.

    They are now paying 3.45 or you can lay it for 4.40.
    So in this situation, they win you collect 1050 and pay out $50 @ 4.40 ($220) if they win, and you get your $50 back if they lose. So no money lost.

    Is that right?





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  7. #82

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    The only laying I do is for betting on an improvement in form (and therefore odds). For example, at one stage I bet on the Cowboys to win the premiership early on when they were playing like trash. I never actually thought they would run away with it but I knew they would have a hot streak towards the finals. Sure enough they did, I laid my bet and walked away with a modest profit for doing pretty much nothing.

    Other than that, it's playing bookie and as poidda found out you can really do your dough if a few winners come through (plus you have to have a healthy balance in your account as the funds need to be there to cover the payout.)

    EDIT: It's also good for having a flutter when a horse is unbackable. Like betting that So You Think doesn't win the Cup because a horse paying threes is just silly for that race.



  8. #83
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    Quote Originally Posted by henno View Post
    Other than that, it's playing bookie and as poidda found out you can really do your dough if a few winners come through (plus you have to have a healthy balance in your account as the funds need to be there to cover the payout.)

    EDIT: It's also good for having a flutter when a horse is unbackable. Like betting that So You Think doesn't win the Cup because a horse paying threes is just silly for that race.
    Thats what i do when i get info from the stable the horses are just out for a training run!
    But as Henno said, you need a healthy $$$ balance to give attractive odds the horse wont win/run top 3 etc....

  9. #84
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    Any hot tips for the Dunkeld races tomorrow?

    I'm heading there for a bucks show so will likely not even be able to remember them anyway but anything to help the drinking fund would be greatly appreciated!!!
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  10. #85
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    I like the chances of Goldstone at Sandown race 6 no 5 @ $6
    Last edited by Eag's; 13th November 2010 at 10:26 AM.

  11. #86
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    BetEzy recommend Manighar for the Sandown Classic tomorrow...
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  12. #87
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    Quote Originally Posted by Eag's View Post
    There is a horse called Beauty Strike (first start) going around at Rosehill race 3 who has been backed at $50 into $8.50 who might be worth a few bucks on.
    Just had a look at this race on BetFair. Champagne Dynamite paying 1.1 to win but 4 to place? Seems weird.





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  13. #88
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    Quote Originally Posted by PeteyD View Post
    Just had a look at this race on BetFair. Champagne Dynamite paying 1.1 to win but 4 to place? Seems weird.
    Beauty Strike has been scratched.

    Maybe it is the small early pool size? Unitab is showing Champagne Dynamite as $5.50 and $1.70 on the tote, and $26 and $6 fixed price.

  14. #89
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    Yeah only just saw that scratching.

  15. #90
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    Quote Originally Posted by Daves View Post
    Beauty Strike has been scratched.

    Maybe it is the small early pool size? Unitab is showing Champagne Dynamite as $5.50 and $1.70 on the tote, and $26 and $6 fixed price.
    Guess I need to get used to betfair





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  16. #91
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    Just got back from the Stables this morning with the kids (missus is working today and tom, no golf!).
    Moses has 3 in today, Estancia Rios no 5 race 4 is his best for the day, says big place bet would be the go.
    FWIW, my 3yr old had a trial yesty at Randwick, one by 4 lenghts or so.
    Posh Chic is her name, will prob not have another trial as we wont get a price come race day after that performance!
    For those that have fox, catch the replay later tonight, last trial.

  17. #92
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    Quote Originally Posted by titleist View Post
    Just got back from the Stables this morning with the kids (missus is working today and tom, no golf!).
    Moses has 3 in today,Estancia Rios no 5 race 4 is his best for the day, says big place bet would be the go.
    FWIW, my 3yr old had a trial yesty at Randwick, one by 4 lenghts or so.
    Posh Chic is her name, will prob not have another trial as we wont get a price come race day after that performance!
    For those that have fox, catch the replay later tonight, last trial.
    Estancia Rios is in race 4 no 5 at Rosehill, but thanks for the tip

  18. #93
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    Quote Originally Posted by Eag's View Post
    Estancia Rios is in race 4 no 5 at Rosehill, but thanks for the tip
    Pretty sure thats what i said!

  19. #94
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    Sorry my bad, looks like my dyslexia is playing up again

  20. #95
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    Thats okay Egas!





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  21. #96
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    After that pitiful run by that cat Estancia Rios rangKevin and he said to have a saver on Let Them Have it!
    Got maxi on Sportingbet, $655 collect!
    So im $550 CLEAR for the day, no more bets!

  22. #97
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    I'm staying away from it but I'm pretty sure Adam Scott has won every time he's held a 54 hole lead. He's a very good front runner.

  23. #98
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    Quote Originally Posted by mike View Post
    I'm staying away from it but I'm pretty sure Adam Scott has won every time he's held a 54 hole lead. He's a very good front runner.
    Lost once, but that was ten years ago.

  24. #99
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    Quote Originally Posted by golfer69 View Post
    Apples is my only hope in the Masters now.
    A mate and I have a few bucks on Andre Stoltz; win, top 5, top 10. Hope he keeps the form today! Also had a few bucks on Pete Senior, but he is back a bit too far at this stage.
    Last edited by Daves; 14th November 2010 at 09:16 AM.

  25. #100
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    Quote Originally Posted by golfer69 View Post
    Apples is my only hope in the Masters now.
    Looking likely Rich
    What price did you get?
    Last edited by Eag's; 14th November 2010 at 04:09 PM.


 

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