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10th November 2010 02:15 PM
#76
Senior Member
Touring Pro (European Tour)
Originally Posted by
poidda
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.
Golflink
Tour Edge Exotics 9*|Titleist pt15*|KingCobra sz 5w|Adams A2 5-P|Hogan 54*-Clev 900 60*-feel 64*|Scotty Studio Stainless Newport
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10th November 2010 02:49 PM
#77
Senior Member
Ozgolf Supporter
Major Winner
All signed up with Betfair so now I just have to get used to layout of the site and general rules
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10th November 2010 02:52 PM
#78
Senior Member
Touring Pro (European Tour)
Originally Posted by
Eag's
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
Tour Edge Exotics 9*|Titleist pt15*|KingCobra sz 5w|Adams A2 5-P|Hogan 54*-Clev 900 60*-feel 64*|Scotty Studio Stainless Newport
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10th November 2010 02:56 PM
#79
Senior Member
Touring Pro (European Tour)
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.
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10th November 2010 02:58 PM
#80
Senior Member
Touring Pro (European Tour)
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10th November 2010 04:12 PM
#81
Admin Team
Golf Hall of Fame Inductee
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10th November 2010 05:20 PM
#82
Senior Member
Major Winner
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.
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10th November 2010 08:31 PM
#83
Victorious Captain
Golf Hall of Fame Inductee
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12th November 2010 05:08 PM
#84
Senior Member
Major Winner
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!!!
Ping G430 MAX 9° - Tour Alta CB Stiff
Ping G430 MAX 15° - Tour Alta CB Stiff
Ping G430 Hybrid 20.5° - Tour Alta CB Stiff
Srixon ZX7 4-PW - Dynamic Gold Tour Issue 120 S300
Cleveland RTX Zipcore 50°, 54°, 58°
Custom Lajosi DD201 - 390g head
GolfMap
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12th November 2010 10:08 PM
#85
Senior Member
Ozgolf Supporter
Major Winner
I like the chances of Goldstone at Sandown race 6 no 5 @ $6
Last edited by Eag's; 13th November 2010 at 11:26 AM.
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13th November 2010 12:18 AM
#86
Senior Member
Major Winner
BetEzy recommend Manighar for the Sandown Classic tomorrow...
Ping G430 MAX 9° - Tour Alta CB Stiff
Ping G430 MAX 15° - Tour Alta CB Stiff
Ping G430 Hybrid 20.5° - Tour Alta CB Stiff
Srixon ZX7 4-PW - Dynamic Gold Tour Issue 120 S300
Cleveland RTX Zipcore 50°, 54°, 58°
Custom Lajosi DD201 - 390g head
GolfMap
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13th November 2010 07:08 AM
#87
Admin Team
Golf Hall of Fame Inductee
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13th November 2010 09:44 AM
#88
Senior Member
Multiple Major Winner
Originally Posted by
PeteyD
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.
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13th November 2010 09:51 AM
#89
Senior Member
Ozgolf Supporter
Major Winner
Yeah only just saw that scratching.
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13th November 2010 10:20 AM
#90
Admin Team
Golf Hall of Fame Inductee
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13th November 2010 10:28 AM
#91
Victorious Captain
Golf Hall of Fame Inductee
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13th November 2010 11:30 AM
#92
Senior Member
Ozgolf Supporter
Major Winner
Originally Posted by
titleist
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
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13th November 2010 11:36 AM
#93
Victorious Captain
Golf Hall of Fame Inductee
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13th November 2010 11:49 AM
#94
Senior Member
Ozgolf Supporter
Major Winner
Sorry my bad, looks like my dyslexia is playing up again
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13th November 2010 11:53 AM
#95
Admin Team
Golf Hall of Fame Inductee
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13th November 2010 03:58 PM
#96
Victorious Captain
Golf Hall of Fame Inductee
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!
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13th November 2010 09:08 PM
#97
Senior Member
Major Winner
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.
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14th November 2010 09:50 AM
#98
Senior Member
Multiple Major Winner
Originally Posted by
mike
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.
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14th November 2010 09:52 AM
#99
Senior Member
Multiple Major Winner
Originally Posted by
golfer69
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 10:16 AM.
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14th November 2010 04:25 PM
#100
Senior Member
Ozgolf Supporter
Major Winner
Originally Posted by
golfer69
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 05:09 PM.
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