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I would multiply FGS x CS odds when the betfair markets have matured, less 5% to arrive at fair value.
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its nowhere near fgs x cs - 5%.it should be buts not.
normally ends up being -25% on betfair and %30 + anywhere else. its a fantastic bet to lay if you have the funds to do so. |
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I wonder if anyone has any significant experience on who offers the better prices about them?
Betfair only offer a few scorecasts on a few matches but their prices will be best by a long way. Compare BF scorecast to FG odds and you'll more often than not see very little difference in value, bookies will have over 200% books for SC. The calculations for scorecasts go way back and differ from company to company some working from templates from 15 years ago, to try to find a formula would be very hard, i'd imagine a few people sat around multipying FG prices by correct scores then taking away between 25% and 60%. As a related contingency bet a deduction would be reasonable but the FG and CS prices already come with healthy overrounds combined with an additional deduction for the related part. So good luck on finding the scorecast value ![]() |
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One of the most heavily promoted bets by bookmakers
so the lack of value should be obvious. Other bets to avoid are h/time - f/time, again encouraged. |
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Avoid HT-FT ? It is a goldmine if you know what you are doing [;)]
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Odds = return rate / probability |
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Thanks for the replies, it was pretty much the fact that the prices were so bad that led me to wondering how on earth they were calculated. Needless to say I shan't be in a hurry to go placing one anytime soon.
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Why would the "right and fair price" for a Scorecast bet be anything other than CS x FGS? I am perplexed why anybody would think it should be discounted, except for nominal commission if an exchange is used.
I agree with most who indicate that they are Turpin bets. For layers, not backers. |
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In fact it can be more than a Turpin bet. Sometimes the odds offered put it into the trap bet category.
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Alex the old wrinkled retainer
05 Sep 11 19:01 Joined: 07 Aug 06 | Topic/replies: 17,058 | Blogger: Alex the old wrinkled retainer's blog Why would the "right and fair price" for a Scorecast bet be anything other than CS x FGS? I am perplexed why anybody would think it should be discounted, Imagine a virtual match where all have a equal chance to score priced at 19/1, take the 1-0 score priced at 7/1 so is it better to have £10 on 1-0 to win £80 or £1 on each scorecast £160 |
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A different way to look at the correct price might be as follows:
Player A scores first & his team wins 2 - 1 On a basic formula you could look at multiplying price for Player A and the odds on both teams scoring one more goal, i.e. 1-1 not including the first goal. Virtually impossible to do as predicting both the player to score, the time of his goal and therefore the odds of both teams scoring in the remaining time available would be a particularly difficult situation to model in my opinion. In very limited scenarios it could be playable, but you'd have to be right on top of your game. Of course the overround ensures the muppet money covers any lucky or skillful win on this bet. |
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They work out what would be fair to give away, then reduce it by 50%.
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scorecasts are for mugs
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they are indeed
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correct score x1st scorer prices minus 50%isoften the norm.
as example if rooney scores first for utd oppents cant win 1nil 2 niletc,so these have to b factored in. |
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if it is done on a straight multiplication less 50%, it would tend to indicate how much faith they have in their own ability to price this with any degree of accuracy
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Load of old tosh these bets, only do them in the ground before the match, for a bit craic between the lads. Theyre just fun bets, anyone who takes them seriously must actually be micey. Not sure how theyre calculated but the odds always seem ridiculous.
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Load of old tosh these bets, only do them in the ground before the match, for a bit craic between the lads. Theyre just fun bets, anyone who takes them seriously must actually be micey. Not sure how theyre calculated but the odds always seem ridiculous.
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They aren't fun bets at all. On the part of the bookmaker they are very serious bets. It's an easy way to relieve you of money.
Anyone who does these for fun too must actually be micey, whatever the **** that means. |
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Chill out u RAGING old goat. I think i can afford to throw a tenner at a scorecast once a week. Don't lose any sleep over it PAL haha.
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I won't be losing any sleep over it.
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Do u never have a bet for fun Mr Dave Edwards? Hmmm?
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no
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Awwwuuhh, u should some time, might be dead fun :)
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each to their own Warnsie, good luck
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Is this true Dave, are you a raging old goat?
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No harm with having a fun bet for small steaks. My mate and I chuck a few quid each week at goals galore trying to get 10 right at 350/1-500/1. We don't expect it to come in ever, and we are perfectly aware that it's a terrible value bet, although we've been one team off twice. But it's fun watching the goals come in and marking them off the coupon as we sit in the gresty road en watching crewe lose.
If anyone cares it the two teams that have cost us have been Coventry and Peterborough. |
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"If it were not for recreational punters it would be much tougher to make money."
ATOWR 06/09/2001 |