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Betfair Punting

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Replies: 64
By:
Jez Melb Punter
When: 14 Feb 10 07:05
Yeah, will be bloody fantastic - it will be ABOUT TIME.

Great for sports involved, great for punters.

Bring us into line with the rest of the world.

Though - we should be thankful that we're not
slapped with the laws of the US. They are
incredibly restrictive on gambling.
By:
Jez Melb Punter
When: 14 Feb 10 07:08
Yeah, I was going to mention in that previous post.

The clubs are primarily interested in recommendations regarding
pokie machines.

I still believe there will be great pressure on the government
in the months following the productivity commissions report.

Your right though Kye, an election year may mean its early
next year before changes are implemented.

I'm confident of positive changes though.
By:
budddy
When: 14 Feb 10 07:14
Is there anything we can do to help this law get passed?... short term/long term?
By:
hologon
When: 14 Feb 10 08:22
remember you run out of money before you run out of races, be selective no such thing as last race another race tomorrow.
By:
doubleagent
When: 14 Feb 10 08:24
Nice one Hologon.Boom!
By:
Jez Melb Punter
When: 14 Feb 10 08:25
Email your local Federal MP.
By:
Jez Melb Punter
When: 14 Feb 10 08:26
I like that one hologon
brilliant :)
By:
budddy
When: 14 Feb 10 09:06
def be doing that. might be more effective if we collectively show our wave of support for IR betting at the appropriate time. i like hope. hope is good. :)
By:
blackmarket
When: 14 Feb 10 09:37
Nice thread Jez.

you mentioned the final report to gov for the Gambling Productivity Commision is March? Checking their website it's still:

Final report to Government - 26 February 2010

So not sure if it's been delayed?

Like you I'm almost strictly Betfair - and the tote option means I can get involved in first four/quad jackpots. I only need to top up my TAB account for a big 6 jackpot now and again.

I've probably turned myself into a 75% trader, 25% punter.
I use and love BetTrader evolution as my API...just awesome to be able to hedge at the click of a button.

And In-play just adds an extra dimension to my punting... I actually get excited about short priced favs as either dominant leaders or backmarkers...the things you can do! Actually they don't have to be short priced favs. Take that odds-on 2yo in Brisbane yesterday. I was happy to lay at 1.7 at the jump and just see what happened..it's just dynamite!

As most have mentioned, discipline is the key...don't get carried away, and keep consistent.
By:
Jez Melb Punter
When: 15 Feb 10 06:49
Hi Blackmarket....
cheers for your response...

Thats what I need to do, I think.

Move more into trading, particularily on my main
betting day on Saturday's - cut back on the punting.
And I need to invest in a decent API program.
By:
Jez Melb Punter
When: 15 Feb 10 06:52
Yeah, there are some monty opportunites that present in-play.

It certainly spices up trading........

I'm definetely going to give it a shot. Like I said in a previous post,
start to take advantage of betting on Betfair. :)
By:
bobbygirl.
When: 15 Feb 10 07:54
The most common factor i found in blokes who have shown a profit over many years on the punt was Most of them only bet on one type be it racing,trots or dogs.amds the most common habit they all had was the bigger the odds the greater the win IE if you would have a monkey on a 5/1 pot then have a monkey on the 25/1 pot.
By:
Craig The Speculator
When: 15 Feb 10 07:58
good advice bobbygirl - am starting to agree with that and act that way

easier to do with a decent balance tho i guess - to have a good lash at a long price that is
By:
bobbygirl.
When: 15 Feb 10 11:09
good advice bobbygirl(wish i could change this F@#$#@n name now)

yeah Craig if only i had followed their advice when i did punt .once backed 6 from 7 at a midweek Canterbury and won a pittance because i fell into a long odds on in the 6th only cream i got was from the last winner . wasnt my caper hence the reason i only lay horses now and have a better strike rate than backing them albeit that wouldnt be hard to do.
By:
Aussie Al
When: 15 Feb 10 12:46
Most punters are losers. If you do what most punters do you will lose. If you want to win you have to do something different.

For example, you have to love it when all the expert tipsters tip the same horse. It is bound to be unders. A few years ago I remember reading on the Horse Racing Forum that a punter made his money by laying whatever was on the front page of the Racing Post.
By:
big-game-player
When: 16 Feb 10 01:31
serious point for you aussie lads as i am moving there soon

how do you trade at all if you cant bet anything in running? or can you bet in running on the fone only? can you call betfairs offices down there to place an in running bet?
By:
shiraz
When: 16 Feb 10 01:49
big-game-player
serious point for you aussie lads as i am moving there soon

how do you trade at all if you cant bet anything in running? or can you bet in running on the fone only? can you call betfairs offices down there to place an in running bet?


You can bet on SPORT in the run but current laws stipulate it cannot be over the internet. Instead we call the BF freecall number and the operator places the bet you want. You can bet in the run on horse racing at Metropolitan race meetings only.
By:
shiraz
When: 10 May 12 06:08
TTT.

A thread from about 18 months ago, just for you MP.
By:
CrazySnake
When: 10 May 12 10:51
I specialise in Aussie Rules and make 80% of all my profits there. If you spread yourself too thin you dilute your attention, your understanding and your profitability. Just my opinion.
By:
system999
When: 11 May 12 07:57
I live in NZ and 95% of my bets are placed on NRL matches. In at least 5 or 6 of the games played per round I would bet during the game. I couldn't imagine being able to do that over the phone that would spoil a large part of my betting. Ryan
By:
Joel
When: 11 May 12 07:59
Congratulations on your first post, and welcome to the forum Ryan.
By:
Bobman84.
When: 15 May 12 03:25
So, whatever happened to the productivity commission report and allowing in-play without calling?
By:
CrazySnake
When: 15 May 12 03:35
One word: Xenophon
By:
PittsburghPhil
When: 15 May 12 04:06
Being prepared to go against popular opinion is the secret of betting. For example, everyone thinks the Liberals are a shoe-in for next Federal Election. The value bet is clearly Labor.

And for those for whom the thought of Labor winning is completely unbearable, how about an "emotional insurance policy" bet. You put a few grand on Labor at the grossly inflated price that is currently on offer. If the Liberals win you're smiling because the Mad Monk is in the Lodge and if Labor wins you're smiling because you're rich.

By the way, Jez ... I charge a small fee for my advice.
By:
CrazySnake
When: 15 May 12 04:25
Hedging against emotion isn't in a pro's MO, although I have to admit to doing it where the Saints are concerned. Usually, I bet against them because I know if they win I will be so happy I won't care about the loss.
The true secret to betting success is to find a way to totally eliminate all emotion from the exercise, including fear and especially greed. It's just about what is logical and makes sense. Being bloody minded just because someone is trying to prove you wrong will send you broke. I have watched many people do it on Betfair, year after year.
I just take what the market gives me. If it makes sense I do it, if it doesn't you won't see me there.
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