geniousbetting
05-09-2009, 12:47 PM
I will start my second thread here, because I want to test a method of betting. :)
Laying on betfair: This is not gambling against the bookie but against other people!
Laying a bet means you are betting on something not to happen.
Betfair Help (http://help.betfair.com/contents/itemId/i65767722/index.en.html)
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Example:
Barcelona - Real Madrid
You are sure that the correct score will not be "0-0".
U can lay the correct score "0-0" with 10£ on that score.
The odd for this "0-0" = 15,00.
So if the correct score is not "0-0", u will win 10£ (with 5% commision).
But if the score is "0-0", u will have to pay "10*15-10 = 140£"
I know it's risking a lot of money to win something small.
U can also laying a match with a small amount of money ;)
I think that if you chose good matches with good explantion you can built a good balance.
So please don't blame me, i will try with a laying balance of 100£.
If I will win my picks, i will put some profit in:
laying balance, to laying/risk more money;
in my bank, to built something good.
Greetz GB.
Laying on betfair: This is not gambling against the bookie but against other people!
Laying a bet means you are betting on something not to happen.
Betfair Help (http://help.betfair.com/contents/itemId/i65767722/index.en.html)
---------------------------------------------------------------------------------
Example:
Barcelona - Real Madrid
You are sure that the correct score will not be "0-0".
U can lay the correct score "0-0" with 10£ on that score.
The odd for this "0-0" = 15,00.
So if the correct score is not "0-0", u will win 10£ (with 5% commision).
But if the score is "0-0", u will have to pay "10*15-10 = 140£"
I know it's risking a lot of money to win something small.
U can also laying a match with a small amount of money ;)
I think that if you chose good matches with good explantion you can built a good balance.
So please don't blame me, i will try with a laying balance of 100£.
If I will win my picks, i will put some profit in:
laying balance, to laying/risk more money;
in my bank, to built something good.
Greetz GB.