Geniousbetting with laying on betfair
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
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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:
Greetz GB.
- laying balance, to laying/risk more money;
- in my bank, to built something good.
Last edited by geniousbetting; 05-09-2009 at 11:59 AM.
09-05-2009
1) Valencia - Real Madrid: lay 0-0
5£ @ odd 19.00
I can win: 4,75£
I can lose: 99,00£
1) correct: 3-0Originally Posted by geniousbetting
Lay balance: 103,00£
Bank: 1,75£
Total profit: 4,75£
11-05-2009
2) Aalborg - Aarhus: lay 0-0
5,5£ @ odd 18.00
I can win: 5,23£
I can lose: 93,5£
Take also a look to my "lay-picks" in forum betting strategy.
2) correct: 1-1
Lay balance: 106,00£
Bank: 3,98£
Total profit: 9,98£
Take also a look to my "lay-picks" in forum betting strategy.
12-05-2009
3) Lyon - Nantes: lay 0-0
7,50£ @ odd 14.00
I can win: 7,13£
I can lose: 97,50£
Take also a look to my "lay-picks" in forum betting strategy.
3) correct: 3-0
Lay balance: 111,00£
Bank: 6,11£
Total profit: 17,11£
Take also a look to my "lay-picks" in forum betting strategy.
13-05-2009
4) Wigan - Manchester United: lay 0-0
6,75£ @ odd 17.00
I can win: 6,41£
I can lose: 108,00£
Take also a look to my "lay-picks" in forum betting strategy.
4) correct: 1-2
Lay balance: 115,41£
Bank: 8,11£
Total profit: 23,52£
Take also a look to my "lay-picks" in forum betting strategy.
14-05-2009
5) FC Midtjylland - Aalborg BK: lay 0-0
6£ @ odd 20.00
I can win: 5,70£
I can lose: 114,00£
Take also a look to my "lay-picks" in forum betting strategy.
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