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I don't hold out much hope for this Betfair experiment:
My hope is that West Ham can hold the line for at least 30 minutes. Then, hopefully the Man United win price will drift out to maybe 2.69 and that will give me a trade option to go green.
Things can wrong quickly...
This is another Betfair experiment and people should be aware that you can lose a LOT of money laying bets.
Huh, 0-0 at half time and a green bet is on the cards {{{{{GRINS}}}}}
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Step up to the plate... two great matches and two trading opportunities using the Betfair in-play options.
TODAY'S GRAND EXPERIMENT
Here's my first LAY for a draw between Tottenham v Arsenal placed before the off:
My hope is that a slow start is made and the chances of a draw increase, which with a bit of luck will lower the Lay price. Then when I get a match; I can Bet the draw and get a perfect green.
That's today's experiment... things could go tits-up big time (grin)
Time will tell and the "cat" is ready for action!
Oh, just in case a saver £2 bet on a correct score of Nil-Nil...
Well, it's a great game. End to end stuff and the Ni-Nil bet looks uncertain:
Time will tell if my tits go up or drown!
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Things looked so good at the end of the first innings. England managed (just) to get a decent score of 237. The pitch was surpposed to be breaking up and England's bowlers were "up-for-it".
Betfair odds for an England win tumbled... I waded in!
Then the Windies stepped up to bat with devastating effectiveness and took England's bowlers to the cleaners.
Three Lions? 11 PUSSY Cats more like…
This is my final screen and trade for this event:
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Betfair has an odds market based on 2 POINTS PER YELLOW CARD AND 5 POINTS PER RED CARD. Two yellow cards leading to an automatic red will score as one yellow and one red card. This market is suspended at kick-off. All bets apply to the full 90 minutes, plus injury time. Cards will only count which are shown to players after they take the pitch for the first time and before they leave the pitch for the final time. Extra time is not included.
Given the current odds (18:24 UK time 5 Feb 09) of "Back" 1.45 (4/9) for 9pts and ABOVE; it should be a "BLOOD BATH". However, recent Spanish matches have tended to be less of a duck & dive give-me and Refs have been far more foregiving for simple contact tackles.
I've already Laid Barca in the hope of a slow start and the Bet odds going out to give me a secure investment (wink) and that doesn't happen very often!
There maybe a chance to lay... Oh, I've also included my "Dog Shite Bet" Lay, which was a sad attempt to recover loses!
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There's little or no excuse... I got careless with the experiment.
No realistic trade and this one careless bet has wiped my profits from the Super Bowl and Liverpool trades.
Bugger, fart and shag the cat... my stake is intact and there's always Bradford v Darlington to look forward too.
Betfair, win, lose, draw or get a buggeration.
Oh, don't even try trading the dogs.
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This is going to be a challenging experiment.
Here we have two second division teams struggling to stay in contention. At first glance, there's little or no profit for a Betfair trader.
However, by placing a Lay bet on the draw and insurance at 10.5 for the correct score nil-nil draw there will be opportunities to trade when the game goes "in-to-play".
Huh, it really DOES matter more when you have money on it!!!
These are my initial trades:
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Good fortune is a very rare thing in my experience (54 years and counting). I'm just about to place a "kill" bet to cover my Lay on Liverpool v Chelsea when my browser froze... the fuse blew on my TV and I was reduced to the Stone Age.
I've got a liability of £45 plus if there's a draw!
Strewth, with less than 8 minutes to go it was 0-0
It took me 5 minutes to get things back on track.
Here's my final Betfair screen:
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Following on from yesterdays disaster of THREE nil-nil draws, I've developed another idea to eliminate the "no profit trade position" when using the Betfair football odds and in-play services.
For the Newcastle - Sunderland match I'm going to place a correct score bet 0-0 to cover my Lay bet on a draw. When the match goes "In-Play"; all I have to do is wait until the first goal is scored and the draw price to increase before taking a guaranteed profit regardless of the final outcome. Of course the 0-0 bet will be lost but it was just a precaution to cover my Lay bet in the first place (lesson learnt from yesterday's fiasco).
This is today's experiment!
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The deal is done and TWO mighty teams will contest for the ultimate prize:
Pittsburgh Steelers
Arizona Cardinals
How can a Betfair trader make money in this market?
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Following on from my successful Portuguese minor league football experiment from last night; I decided to invest in today's (31:01:09) early doors match between Stoke & Manchester City.
The formula is the same.
The outcome is guaranteed!
Betfair opens a "market" for each event.
There after; greed takes over (oh, BF takes 5% of winning bets... and STAKE).
The very basic rule is to "BET HIGHEST POSSIBLE PRICE" >>> "LAY AT THE LOWEST POSSIBLE PRICE"
Here I present an alternative WHEN BETTING FOOTBALL.
"LAY THE DRAW" - GO INTO PLAY - "ADJUST ODDS AT 85 MINUTES"
If you don't have a Betfair account you can click the banner above... I'll get a small payment and YOU will ALSO!
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Did you know…that identity fraud is one of the UK’s fastest-growing crimes, with more than 120,000 cases recorded last year?
- It takes an average of 539 days to discover that you’ve become a victim of identity fraud – and up to 500 hours of work to clear your name!
- One in four UK adults has either been a victim of ID fraud or knows someone who had suffered from it, according to Which?
- Londoners are twice as likely to have their identity stolen by criminals as people in other parts of the UK? People in the South East and North West are the next most vulnerable.
- You are at risk of having your identity stolen if you don’t redirect your post after moving home?
- Almost half of all adults in the UK have been targeted by criminals trying to get personal financial data over the internet or phone – and that five per cent of people fall for these scams?
Identity theft is a term used to refer to fraud that involves pretending to be someone else in order to steal money or get other benefits. The term is relatively new and is actually a misnomer, since it is not inherently possible to steal an identity, only to use it. The person whose identity is used can suffer various consequences when he is held responsible for the perpetrator's actions.
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