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How to lose money betting on football

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By:
high_lander
When: 12 May 12 18:14
ken I'm talking generally, you will certainly lose in the long term if you bet on goal markets.
By:
Mr.Angry
When: 12 May 12 18:16
ken I'm talking generally, you will certainly lose in the long term if you bet on goal markets.

It's possible to make money on ANYTHING if the price is right.  Are you saying that Ken has been taking bad prices?  What prices do you think these games should have been?
By:
G Hall
When: 12 May 12 20:39
excellent so far ken,if it was going bad,there would be hundreds of posts on this.

The play offs 2nd legs generally have more goals I think.
By:
kenilworth
When: 13 May 12 10:37
Sunday May 13th

Cheltenham v Torquay

The draw: 3 pts at 3.45
Under 2.5 goals: 5 pts at 1.77

8 pts staked
By:
kenilworth
When: 13 May 12 20:54
Small profit on each of the last 3 matches totalling
3.35 points, so added to previous reported balance of
20.05, account now +23.40 points.Playoff 1st legs over, so onto the second legs which present a different approach
Back tomorrow.
By:
kenilworth
When: 13 May 12 20:55
Small profit on each of the last 3 matches totalling
3.35 points, so added to previous reported balance of
20.05, account now +23.40 points.Playoff 1st legs over, so onto the second legs which present a different approach
Back tomorrow.
By:
kenilworth
When: 13 May 12 20:55
Sorry about that, I was so excited!!
By:
Mr.Angry
When: 13 May 12 20:56
Wow, superb stuff.  Well done Ken.
By:
kenilworth
When: 14 May 12 15:55
Monday May 14th
---------------

Sheffield Un v Stevenage

The draw: 2.5 pts at 4.0
Stevenage: 2 pts at 5.2

4.5 pts staked.
By:
G Hall
When: 14 May 12 16:17
interesting choice ken i think stevenage will be happy to go 0-0 again but i think the blades will beat them
By:
kenilworth
When: 14 May 12 18:29
G Hall, I agree with you but the prices are too
big, and that is what I go by. GL.
By:
loadedgimp
When: 14 May 12 20:07
high_lander • May 12, 2012 6:14 PM BST
ken I'm talking generally, you will certainly lose in the long term if you bet on goal markets.


Nothing is certain in gambling.  You can achieve x strike-rate in any given market over any given time.  You will lose money if you place a losing bet, that is all.

Mr.Angry • May 12, 2012 6:16 PM BST
It's possible to make money on ANYTHING if the price is right.  Are you saying that Ken has been taking bad prices?  What prices do you think these games should have been?


It's also possible to make money on ANYTHING regardless of price.

kenil Well done, you put your money where your mouth is.  My question for you is - how do you accurately judge the chance of 3 goals in a match before the event has started?
By:
Dr Kim
When: 14 May 12 20:14

May 12, 2012 -- 4:27PM, high_lander wrote:


At least your topic heading is accurate - betting on goal markets is an excellent way of losing money.


I tend to disagree, its the only market i play and i am on a 10-4 win streak at the moment @ evens and above ;)

By:
kenilworth
When: 14 May 12 21:51
Loss of 4.5 pts on the night,
balance now +18.90 pnts
--------------------------------

loadedgimp, IMO its'only possible to win without
regard to prices in the short run, definitely not in long.

Re overs/unders.. a few ingredients, the most
important being the price.
By:
O_Tuga
When: 14 May 12 21:55
"At least your topic heading is accurate - betting on goal markets is an excellent way of losing money."

And what is the excellent way of making money?
By:
kenilworth
When: 15 May 12 00:05
Presumably doing the opposite which would
be NOT betting on such market!!
By:
kenilworth
When: 15 May 12 19:01
Tuesday May 15th
-----------------

Hudderfield v MK Dons
---------------------
Huddersfield DNB (at 1.61) 6pts
By:
G Hall
When: 15 May 12 20:05
1-0 Huddersfield.

Ken do you trade or let them run,Jordan Rhodes just scored,so excellent trading opportunity.
By:
smithy91
When: 15 May 12 20:08
solid betting ken well playedGrin
By:
kenilworth
When: 15 May 12 20:10
G Hall, I never trade but occasionally ''green up'' or ''red up''.
Is that the same in your book ?
By:
kenilworth
When: 15 May 12 21:55
Getting back to reality, loss of 6 pts,
balance now +12.90 Sad
By:
G Hall
When: 15 May 12 22:43
yes Ken,tonight the last kick of the game caught you out,but there was plenty of time to green,so I am sure you did,but for the purpose of this challenge I can see how you wouldn't,if that makes sense.

What are your early thoughts on the CL Final? All logic points to Munchen but for some bizarre reason,I think Chelsea could do it,but I don't know how.   

I do see goals in it
By:
kenilworth
When: 15 May 12 22:58
I didn't green unfortunately so there you are. The thing that irritates me is getting
done by a goal that didn't matter at the end, still those two late goals by ManC on
Sunday came for me so it's swings and roundabouts.
Chelsea ? I think there is very little between them except one thing, ground advantage
to Bayern but that affects the betting so IMO the Chelsea price is too big. GL.
By:
G Hall
When: 15 May 12 23:06
I think ramirez is a huge loss for chelsea as there is no runner without him.
By:
G Hall
When: 16 May 12 18:48
Tough game tonight,Southend don't impress me at all,but I think they will bully crewe tonight,home win for me.
By:
kenilworth
When: 16 May 12 18:53
Wednesday May 16th

Southend v Crewe

Crewe to qualify
(at 1.77) 6 pts
By:
G Hall
When: 16 May 12 18:56
do you fancy goals in this ken,or are crewe alex able to  play for 0-0
By:
RAPS
When: 16 May 12 18:56
where are they 1.77 to qualify ?
certainly not here...
By:
RAPS
When: 16 May 12 19:10
OK they`ve now drifted to 1.77 on here.. although after comm. it aint 1.77 tho is it?
By:
kenilworth
When: 16 May 12 19:26
Very perceptive of you RAPS, but I never said it was.
Does that satisfy you ?
-----------------------------------------------------------
G Hall, I agree with you, but the 2nd legs of these playoffs
historically produce more goals than the first legs, so at
around 2.0+ for 'unders' I would say the value is marginal.
By:
kenilworth
When: 17 May 12 09:24
Profit of 4.62 pts on the match, balance now

+15.52 pts
By:
kenilworth
When: 17 May 12 09:25
Correction !! Balance +17.62 ptsSad
By:
kenilworth
When: 17 May 12 19:24
Thursday May 17
---------------

Torquay v Cheltenham

Torquay
: (at 2.22) 6pts
By:
kenilworth
When: 17 May 12 19:36
The draw (at 3.7) 1.5 pts
By:
kenilworth
When: 17 May 12 21:44
Loss of 7.5 pts, balance now
Plain+11.17
By:
kenilworth
When: 18 May 12 12:28
Trial over.
Summary




Bets.......... 24
Won............13
Lost.......... 11
Total staked.. 96
Total returns 107.17
Profit........ 11.17
Commission..... 2.09
Net profit..... 9.08
ROI............ 9.09%
By:
Bruce Willis
When: 18 May 12 12:40
A grand a point, and an easy 9k in a few weeks
Well played
By:
kenilworth
When: 18 May 12 13:00
.Happy
By:
G Hall
When: 18 May 12 13:08
Ken why don't you keep it going,a very successful thread.
By:
Biscuit1979
When: 18 May 12 13:09
Impressive work but can't help but feel you should've greened out on some of those bets.

Sheff Utd v Stevenage draw
Hudds DNB
Torquay v Cheltenham draw

must all have gone sub 1.5, and you'd have more than doubled your profit.

But as a money making exercise the thread is still a success which is all that counts i guess.
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