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Author Topic: Tips for Tikay  (Read 13445592 times)
sharky_uk
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« Reply #39630 on: May 01, 2013, 08:52:33 AM »

Can someone remind me why it is best, according to shrewd ones, to take free bet on a big outsider than nicking a bit on a good thing/odds on banker, please?

ty

I don't think this is entirely correct.  I don't think the answer concerning you don't get your stake back fully explains why taking a short price horse is so bad.

Say you had a £50 free bet.

If you back a 1/2 chance. Assume it has a 67% chance of winning, your expectated return is 0.67 x £25 = £16.67

If you back a 3/1 chance.  Assume it has a 25% chance of winning, your expected return is 0.25 x £150 = £37.50

If you back a 10/1 chance.  Assume it has a 9% chance of winning, your expected return is  0.09 x £500 = £45

If you back a 50/1 chance.  I think this is where the theory falls over.  A lot of 50/1 chances are 80/1 or so on Betfair, so chance of winning is only 0.0125.  So expected return =£2500 x0.0125 = £31.25, which is lower than the expected return on the 10/1 chance.

I think the correct answer is use your free bet to back a horse that is over 10/1 that the bookie is offering very close to Betfair prices on.

Do not back each way, Camel explained this well yesterday.

Bump


Very good - Thanks
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superwomble
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« Reply #39631 on: May 01, 2013, 09:15:54 AM »

Tikay - I see you've put both Warburton bets on the spready as winners - have Lads settled yours? They haven't mine.
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« Reply #39632 on: May 01, 2013, 09:42:31 AM »

Tikay - I see you've put both Warburton bets on the spready as winners - have Lads settled yours? They haven't mine.


I asked them yesterday how my bet can say Warburton to be made Captain of Lion Tour, and their headline on their own site says Warburton made Captain of Lions Tour, and yet they won't pay out?

They have referred it to trading dept "as it does seem unfair"
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TightEnd
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« Reply #39633 on: May 01, 2013, 10:22:33 AM »

Especially for tikay

 Click to see full-size image.


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BigAdz
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« Reply #39634 on: May 01, 2013, 11:03:41 AM »

Ok chaps.

Getting married tomorrow.

45 years of getting away with all sorts over.

I would like my last day of freedom to be marked by a winner.

They don't have to be for Fred, but, please, indulge me

I was looking at doing Laurie's horse, Soveriegn Debt at Ascot, anyone got anything else?
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« Reply #39635 on: May 01, 2013, 11:11:45 AM »

Congratulations

I'm surprised you didn't wait until after the wedding to let us know you'd got married.



(joke...)
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The Camel
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« Reply #39636 on: May 01, 2013, 11:12:10 AM »

Ok chaps.

Getting married tomorrow.

45 years of getting away with all sorts over.

I would like my last day of freedom to be marked by a winner.

They don't have to be for Fred, but, please, indulge me

I was looking at doing Laurie's horse, Soveriegn Debt at Ascot, anyone got anything else?

Congrats!
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« Reply #39637 on: May 01, 2013, 11:12:43 AM »

Congratulations

I'm surprised you didn't wait until after the wedding to let us know you'd got married.



(joke...)

 Grin
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« Reply #39638 on: May 01, 2013, 11:16:00 AM »

Mr Camel

How would you price up a Walden/Hawkins semi?


Hawkins playing teak tough, though Ding is all over the place mentally..beating himself up over every bad shot. Surprising to see
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« Reply #39639 on: May 01, 2013, 11:16:38 AM »

Congrats Mr Adz.

Not a tip for Fred but for you I think Gambhir to top score for Kolkata in this afternoons IPL game at odds of 11/4 will serve you well.
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« Reply #39640 on: May 01, 2013, 11:19:48 AM »

Thank you chaps.

Tighty, after timing is all about winning isn't it?!
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« Reply #39641 on: May 01, 2013, 11:28:22 AM »

Congratulatons Adz & the future Mrs Adz.
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« Reply #39642 on: May 01, 2013, 12:34:15 PM »

Tikay - I see you've put both Warburton bets on the spready as winners - have Lads settled yours? They haven't mine.

Whoops.

It never crossed my mind, I completely forgot that issue. (Insert numerous excuses).

I have just checked my Accounts.

The 2nd bet was £20 @ 7/4 with William Hill, & HAS been settled as a winner, see....

16 Mar 13 / 19:01  Single 1   British & Irish Lions Tour - Who Will Be Appointed Captain Of The 2013 British Lions?  –  Who Will Be Appointed Captain Of The 2013 British Lions? Sam Warburton @ 7/4 Won £20.00 £55.00 O/0457483/0000332/F

However, the Ladbrokes bet - £10 @ 5/1 - has NOT been settled, see....


   
 
15/03/2013 0000289 Single (To win) 1 £10.00  2013 British Lions Tour of Australia British Lions tour captain  Sam Warburton  5/1
 


Good spot Womble, apologies.

Mere - Can you correct this, please - the £10 : 5/1 for Warburton has NOT been settled, & remains an open bet.
« Last Edit: May 01, 2013, 01:02:39 PM by tikay » Logged

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« Reply #39643 on: May 01, 2013, 12:37:02 PM »


In yesterday's numbers, I made another error (insert excuses, bla bla) & failed to include Ms Shin as a lost bet, thankfully Mr Mere spotted it & did the necessary.

My somewhat testing three days at work continues today, but as of 2am tomorrow morning, normal service will resume, & I'll need different excuses for what appears - at first sight of course - to be ineptitudeness of the highest order.
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« Reply #39644 on: May 01, 2013, 12:54:54 PM »

Tikay - I see you've put both Warburton bets on the spready as winners - have Lads settled yours? They haven't mine.

Whoops.

It never crossed my mind, I completely forgot that issue. (Insert numerous excuses).

I have just checked my Accounts.

The 2nd bet was £20 @ 7/4 with William Hill, & HAS been settled as a winner, see....

16 Mar 13 / 19:01  Single 1   British & Irish Lions Tour - Who Will Be Appointed Captain Of The 2013 British Lions?  –  Who Will Be Appointed Captain Of The 2013 British Lions? Sam Warburton @ 7/4 Won £20.00 £55.00 O/0457483/0000332/F

However, the Ladbrokes bet - £10 @ 5/1 - has NOT been settled, see....


 
15/03/2013 0000289 Single (To win) 1 £10.00  2013 British Lions Tour of Australia British Lions tour captain  Sam Warburton  5/1
 


Good spot Womble, apologies.

Mere - Can you correct this, please - the £10 : 5/1 for Warburton has NOT been settled, & remains an open bet.

Have you asked them why they haven't settled it?
It seems to me that Sam Warburton is the "British Lions Tour of Australia British Lions tour captain".
If were the querulous type, I would be raising this as very poor behaviour on their part.
« Last Edit: May 01, 2013, 01:02:18 PM by tikay » Logged

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