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wildjayson
Registered: Sep 2009
Posts: 224
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wow -450 NOW
JUST SAYING
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11-06-12 11:21 PM |
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Bytore
FoxDen Hall of Famer
Registered: Jan 2003
Posts: 16037
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I put the sell in at 1.08.
I know, it confusing, British odds.
If 1.2 becomes 1.1, you almost double the money.
I do not know why the Brits are like that.
It is easier. lol!
I expect a lot of arbitrage is going on right now.
That is, they are going to books, placing a bet, and trying to squawk a few out at Betfair.
They buy at 1.23, to sell at 1.26. They are in a trading madness.
Sure, you can make decent money, if you plunk down 10K.
But it is a silly way to wager. Say a book cancels the bet?
You lose!
I prefer to trade. : )
Arbitrage is the mystical side of gambling. It actually does not work that well.
A book refunds you, and the bet is off. Been there...
"Today's Tom Sawyer, he gets high on you
And the space he invades, he gets by on you..."
RUSH
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11-06-12 11:47 PM |
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Bytore
FoxDen Hall of Famer
Registered: Jan 2003
Posts: 16037
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This is Peter.
Nothing bad about him at all. Not that I ever read.
He is like the arbitrage scientist!!! lol!!!
I do not make money from posting these people. I just do it, to open minds.
I got hoodwinked, for $400 once, by these people out of New Zealand. I have been gambling a long time.
This was like twelve years ago.
I sent money, for them to do the arbitrage!!!
I was too freaking lazy. lol!!!
They lost, and with help from people from New Zealand and Australia, I tracked them down to the house they lived in.
But I let it go. Suppose they were like dangerous??? And had lots of money, to kill me. Sometimes, you take the loss!!! lol!!!
Plus, I did not want my online friends to get hurt.
Davo died, when he hit a deer traveling America, his dream. On a motorcycle. One of the great gamblers I have met in my life. I think of him and his family often.
http://www.ucantlose.com/posts/mb016-pptextbet.html
Like RUSH???
It is my favorite rock song!!! I could be lying again...
http://www.youtube.com/watch?v=uwXj...feature=related
"Today's Tom Sawyer, he gets high on you
And the space he invades, he gets by on you..."
RUSH
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11-07-12 12:07 AM |
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Bytore
FoxDen Hall of Famer
Registered: Jan 2003
Posts: 16037
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Badger, what Betfair players do, is try force the bet up. lol!!!
Bastards...
They do not actually play the bet.
They put 100k in, to try force a sell. I see it all the time basket trading.
Makes for some nice wins!!!
Yes, I researched it all. Some are loaded dukes and all. Lots of money!!!
For them, another $100k is not sweat.
They kill me horse trading. lol!
So I stopped. : )
If the market is against them, they cannot win. It is like a poker bluff, my nearest theory.
They are not in it for the winner. They are in it, to make a quick 1K. Perhaps more.
Say it is 1.23. At 1.24 you make a grand betting 100K.
That buys a lot of booze!!! lol!!!
They must sell, eventually. : )
http://www.youtube.com/watch?v=86-X...feature=related
"Today's Tom Sawyer, he gets high on you
And the space he invades, he gets by on you..."
RUSH
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11-07-12 12:43 AM |
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wildjayson
Registered: Sep 2009
Posts: 224
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-550 @5 dimes
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11-07-12 12:45 AM |
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