kukushkin88
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« Reply #15 on: July 30, 2009, 02:31:39 PM » |
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got 15/8 on Skybet earlier should I lay it now on betfair at 7/5?
I wouldn't, laying back is rarely a good idea. Once betfair have their commission you're probably not that far off break even. Let it ride.
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bolt pp
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« Reply #16 on: July 30, 2009, 02:32:55 PM » |
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got 15/8 on Skybet earlier should I lay it now on betfair at 7/5?
I wouldn't, laying back is rarely a good idea. Once betfair have their commission you're probably not that far off break even. Let it ride. 
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david3103
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« Reply #17 on: July 30, 2009, 02:40:22 PM » |
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got 15/8 on Skybet earlier should I lay it now on betfair at 7/5?
I wouldn't, laying back is rarely a good idea. Once betfair have their commission you're probably not that far off break even. Let it ride.   I'll take the original advice on the betting side, but I do see what bolt is getting at and I share his sceptcicism
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It's more about the winning than the winnings
5 November 2012 - Kinboshi says "Best post ever on blonde thumbs up"
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kukushkin88
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« Reply #18 on: July 30, 2009, 02:45:00 PM » |
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All I can do is provide good advice, it doesn't matter much if you want to take it on board. Ask Keith what he thinks, if you are betting within your bankroll and have identified genuine value why would you want to get out?
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bolt pp
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« Reply #19 on: July 30, 2009, 02:48:20 PM » |
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All I can do is provide good advice, it doesn't matter much if you want to take it on board. Ask Keith what he thinks, if you are betting within your bankroll and have identified genuine value why would you want to get out?

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chrisbruce
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« Reply #20 on: July 30, 2009, 02:51:29 PM » |
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Yes I am On
Need to fund the Lobster pot weekend somehow
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kukushkin88
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« Reply #21 on: July 30, 2009, 02:54:13 PM » |
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Can anyone think of a more succesful sports bettor than Tony Bloom?
He says he like to take position rather than hedging, and he says once he has taken a position he won't even follow the action closely. "You've either got value or you haven't. You've either made a good bet or you haven't. I believe in betting aggressively and in order to win big, you have to risk losing"
Quoted from an interview he gave to Michael Atherton.
He's made tens of millions. Why doubt that it's good advice?
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bolt pp
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« Reply #22 on: July 30, 2009, 03:00:05 PM » |
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well it's not you saying it is it then?
first you say ask kieth, then quote tony bloom.
we were asking you.
if you're millionares like them it's a bit more applicable.
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action man
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« Reply #23 on: July 30, 2009, 03:01:28 PM » |
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in order to get know whether you have value or not you need to be able to price the book up yourself and your book ha to be better than the odds compilers long term. Its notgettin value if u take 4/5 at hills when its 4/6 everywhere else unless its 1/2 in your book. People misunderstand the concept of value.
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TheChipPrince
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« Reply #24 on: July 30, 2009, 03:03:58 PM » |
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Can anyone think of a more succesful sports bettor than Tony Bloom?
He says he like to take position rather than hedging, and he says once he has taken a position he won't even follow the action closely. "You've either got value or you haven't. You've either made a good bet or you haven't. I believe in betting aggressively and in order to win big, you have to risk losing"
Quoted from an interview he gave to Michael Atherton.
He's made tens of millions. Why doubt that it's good advice?
I agree, you have to back your judgement and go with it sometimes even if the trade opportunity is there close to kick-off... If you simply spot an opportunity to arb a bet, and your there simply to do that, thats sligtly different, go ahead and lock it up, arb away...
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The harder the conflict, the more glorious the triumph.
RIP- TheChipPrince - $17,165
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david3103
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« Reply #25 on: July 30, 2009, 03:04:36 PM » |
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All I can do is provide good advice, it doesn't matter much if you want to take it on board. Ask Keith what he thinks, if you are betting within your bankroll and have identified genuine value why would you want to get out?
I was agreeing with bolt that there were circumstances where I could see laying back as being a very good idea 
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It's more about the winning than the winnings
5 November 2012 - Kinboshi says "Best post ever on blonde thumbs up"
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kukushkin88
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« Reply #26 on: July 30, 2009, 03:07:19 PM » |
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well it's not you saying it is it then?
first you say ask kieth, then quote tony bloom.
we were asking you.
if you're millionares like them it's a bit more applicable.
Surely it can be my opinion irrelevant of from who or where I learnt it. It's probably the most common way there is of acquiring knowledge, learning from people who know more about something than you do.
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chrisbruce
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« Reply #27 on: July 30, 2009, 03:15:03 PM » |
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Dont expect this horse to lead should be held up for a late run.
Might be worth backing in running at a better price.
I have held a little back
gl
One time the baz tipping machine
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Rookie (Rodney)
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« Reply #28 on: July 30, 2009, 03:20:13 PM » |
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Nice on baz, thx.
Lay Backer's Odds Backer's Stake Payout Liability Strikemaster 2.42 £2.00 £4.84 £2.84
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HI HELEN!
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Graham C
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« Reply #29 on: July 30, 2009, 03:20:21 PM » |
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Thankfully managed to lay off at 1.1.
If Horneris or Camel doesn't post it, I aint punting on it.
UL Barry
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