New Posts For Thread: why in a brand new market does someone try and lay everyone for 1.01?https://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101Do these bets EVER get matched?I don't see the point of the first person on a market putting out a raft of 1.01 and 1000 bets.Am i missing something? Are the hoping to catch misplaced bets from bots/idiots?These 1.01 lays/1000 backs are just trap bets imo. They were there before keep bets were introduced, and they are still placed in markets which don't even go in-play.https://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299514#419299514These 1.01 lays/1000 backs are just trap bets imo. They were there before keep bets were introduced, and they are still placed in markets which don't even go in-play.Thu, 10 Dec 2009 04:01:47 -0600Yet again the The Visionary hits the nail on the head.I would do this but I have not yet sussed out how to be the first one in the queue.https://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299486#419299486Yet again the The Visionary hits the nail on the head.I would do this but I have not yet sussed out how to be the first one in the queue.Wed, 09 Dec 2009 19:47:49 -0600Because the first lay bet at 1.01 is going to be the best value lay at 1.01When something first reaches 1.01 it has a 90 something % chance of winning,and maybe its real chance is 1.02 , in horse racing within seconds its chance may well be 1.001 ,https://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299482#419299482Because the first lay bet at 1.01 is going to be the best value lay at 1.01When something first reaches 1.01 it has a 90 something % chance of winning,and maybe its real chance is 1.02 , in horse racing within seconds its chance may well be 1.001 ,Wed, 09 Dec 2009 17:21:30 -0600Great way to leave your "list" on betfair.Planning on laying several horses throughout the day?Put up a bets at 1.01They are all listed in UNMATCHED for you to find and barely affects your cash flow.Or, in my case, often plan bets on NHL which is athttps://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299478#419299478Great way to leave your "list" on betfair.Planning on laying several horses throughout the day?Put up a bets at 1.01They are all listed in UNMATCHED for you to find and barely affects your cash flow.Or, in my case, often plan bets on NHL which is atWed, 09 Dec 2009 17:03:32 -0600and its for that reason i always leave my lays up at 1.02 as it used to annoy me that i sometimes never got my 1.01 matched as i was further down the cuehttps://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299474#419299474and its for that reason i always leave my lays up at 1.02 as it used to annoy me that i sometimes never got my 1.01 matched as i was further down the cueWed, 09 Dec 2009 16:56:20 -0600Being first in the queue to lay 1.01 on the horses (and probably every other in-running market) is a huge advantage.Everybody always creams themselves with "1.01 gubbed" statements when a horse gets beats at that price. This has no doubt fuelled couhttps://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299470#419299470Being first in the queue to lay 1.01 on the horses (and probably every other in-running market) is a huge advantage.Everybody always creams themselves with "1.01 gubbed" statements when a horse gets beats at that price. This has no doubt fuelled couWed, 09 Dec 2009 16:34:38 -0600And of course the fact that it can go wrong. Was only a couple of weeks ago when a 1000 layer got stung because the score was changed.https://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299454#419299454And of course the fact that it can go wrong. Was only a couple of weeks ago when a 1000 layer got stung because the score was changed.Wed, 09 Dec 2009 15:51:45 -0600I'd imagine the two biggest reasons are having a big enough bank and having enough patience to wait for someone to make a mistake.https://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299450#419299450I'd imagine the two biggest reasons are having a big enough bank and having enough patience to wait for someone to make a mistake.Wed, 09 Dec 2009 15:50:29 -0600it's free to do and once in a while someone presses the wrong button and accidentally does their money coldbf don't give a monkeys about stopping punters being robbed, and this is just one example of many ways in which it can happenthe real questionhttps://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299442#419299442it's free to do and once in a while someone presses the wrong button and accidentally does their money coldbf don't give a monkeys about stopping punters being robbed, and this is just one example of many ways in which it can happenthe real questionWed, 09 Dec 2009 15:48:32 -0600To entice new folk into making a mistake. I'd love to know how much the 1000 layers make off those bets but it's safe to assume they make something.https://community.betfair.com/general_betting/go/thread/view/94082/23475718/why-in-a-brand-new-market-does-someone-try-and-lay-everyone-for-101?post_id=419299438#419299438To entice new folk into making a mistake. I'd love to know how much the 1000 layers make off those bets but it's safe to assume they make something.Wed, 09 Dec 2009 15:46:10 -0600