£10 to £100: Bet 1

Discussion in 'Taylor's Tittle-Tattle - General Banter' started by Defunct, Sep 8, 2011.

  1. Defunct

    Defunct First Team

    OK, last 2 times we crashed and burned, losing the money quick smart. This time we can't lose, (but we will).

    Just vote on which of the above matches you think WON'T end in 0-0. That's it. I'll do the rest.
     
  2. simms

    simms vBookie

    Woops meant to click on the sunderland chelsea one.
     
  3. Defunct

    Defunct First Team

    Poor showing Bookie. What did you click on?
     
  4. simms

    simms vBookie

    I mistakenly clicked on the norwich game.
     
  5. Defunct

    Defunct First Team

    OK, edited to reflect the error. Sunderland v Chelsea now clearly winning.
     
  6. wfcwarehouse

    wfcwarehouse First Team Captain

    I can actually see Sunderland/Chelsea ending goalless. Sunderland seem solid enough in defence but toothless up front. Chelsea may struggle to break them down as they haven't really hit peak from yet this season.

    With that in mind I've gone for Norwich/WBA. Two teams that like to get the ball down and play.
     
  7. gloryhornhaz

    gloryhornhaz Reservist

    Everton v Villa - theres always goals when they meet!
     
  8. Defunct

    Defunct First Team

    So due to overwhelming popularity, the bet against 0-0 has been made on the Sunderland v Chelsea match. Odds to lay on Betfair were 13's.

    Here we go.
     
  9. Defunct

    Defunct First Team

    Bet 1 wins, 77p profit, 5% commision = a win of 73p

    Total after bet 1 is £10.73
     
  10. Defunct

    Defunct First Team

    Mmm, Norwich v West Brom is tomorrow, this came 2nd in the Poll. Might put bet 2 on this match.
     
  11. hornmeister

    hornmeister Tired


    You see you've created a problem now.

    It's against the original rules so you shouldn't really, however you've suggested it, if it wins and you didn't :rant:
     
  12. Defunct

    Defunct First Team

    You're right. In future I will only put up games on the same day so this temptation won't happen again.

    To overcome this today, I won't put the bet on, but if the match doesn't end in 0-0 then I'll top up the fund myself. Current lay odds are 12.5, so a risk of £10.73 for a profit (after commission) of 84p.

    If there's a goal we have £11.57
    If it's 0-0 we still have £10.73
     
  13. Timbers

    Timbers Apeman

    £11.57 it is! No way these 2 teams will play a nil-nill.
     
  14. Defunct

    Defunct First Team

    Have to agree now that a goal has been scored :biggrin:.

    £11.57 it is. I shall find some games midweek for round 3.
     
  15. hornmeister

    hornmeister Tired

    Just a thought adders.

    How dififcult would it be to do a multiple. Ie put up say 5 matches and then bet on the first and second most popular to be goal scored?

    Would give better odds
     
  16. Defunct

    Defunct First Team

    It is relatively easy to do, but we get no advantage really. Doing this round by round, and gambling the whole pot on each bet is exactly the same as doing a multiple, so if we take 12 rounds to get to £100, there's no difference against laying £10 against the same 12 matches in one go to make the £100.

    I think it's better for me to put up 4 or 5 matches, see which 2 are most popular and weigh those up against the best lay odds.
     
  17. simms

    simms vBookie

    Do you get better odds betting on over 0.5 goals, or by laying 0-0?
     
  18. AshdonWFC

    AshdonWFC Prediction League Champion 2011/12

    They should be exactly the same.
     
  19. Defunct

    Defunct First Team

    I've never found a difference worth getting money on. There are a lot of very clever people out there who watch the markets constantly and jump at any variance. I thought I had found a glitch once and tried to make money from laying the 0-0 and betting on the asian handicap of +0.5 goals, but after commission there was no profit.
     
  20. simms

    simms vBookie

    What's an asian handicap?
     
  21. Defunct

    Defunct First Team

    QPR v Newcastle is a good example. In the Asian handicap market QPR are given + 0.5 goals, Newcastle are given -0.5 goals. This means the result with the handicap cannot be a draw, and the odds are closer than would normally be the case with the draw in play.
     

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