New Posts For Thread: Can lumping on at low odds pay long term?https://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-termDoes anyone succesfully lump on at odds lower than 1.5 and make a decent profit?I make a profit when betting at level stakes on a range of odds but my bank is not that great and therefore not enough for me. I therefore try to lump on when I am extremThanks Lantern, funnily enough this is exactly what I have started to do and so far so good. Profit is slower but more consistent and at low risk. Happy new year!https://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692934#419692934Thanks Lantern, funnily enough this is exactly what I have started to do and so far so good. Profit is slower but more consistent and at low risk. Happy new year!Mon, 04 Jan 2010 05:35:56 -0600Hi scrooge. If you can make a profit at level stakes you're laughing. What I would do in that position is bet the same amounts for, say, a couple of weeks, then increase and bet the same increased amounts for another couple of weeks etc. Never lehttps://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692882#419692882Hi scrooge. If you can make a profit at level stakes you're laughing. What I would do in that position is bet the same amounts for, say, a couple of weeks, then increase and bet the same increased amounts for another couple of weeks etc. Never leMon, 04 Jan 2010 00:03:17 -0600works well enough for harry finlay.it can work but you still have to bet to a certain % of your bank, so it really depends what your "lump" means, if it means 10-20 % of your bank then yes possibly but if your lump means say 50+ % then its more thanhttps://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692774#419692774works well enough for harry finlay.it can work but you still have to bet to a certain % of your bank, so it really depends what your "lump" means, if it means 10-20 % of your bank then yes possibly but if your lump means say 50+ % then its more thanFri, 01 Jan 2010 12:09:06 -0600Generally avoid odds on bets .........and back higher odds WITHOUT "LUMPING ON".HNYhttps://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692742#419692742Generally avoid odds on bets .........and back higher odds WITHOUT "LUMPING ON".HNYFri, 01 Jan 2010 11:05:20 -0600Thanks all. I guess you are confirming what I already thought. Trouble is some of these 1.3 shots will be value and still LOSE. Something I am yet to grasp and so stake a disproportionate amount of my bank on it just because there is an edge!!https://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692738#419692738Thanks all. I guess you are confirming what I already thought. Trouble is some of these 1.3 shots will be value and still LOSE. Something I am yet to grasp and so stake a disproportionate amount of my bank on it just because there is an edge!!Fri, 01 Jan 2010 11:03:38 -0600Can lumping on at low odds pay long term?As previous poster said if you are getting value prices then yes. Having said this you are more likely to be getting a value price at shorter prices due to the favourite-longshot biashttp://en.wikipedia.org/whttps://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692718#419692718Can lumping on at low odds pay long term?As previous poster said if you are getting value prices then yes. Having said this you are more likely to be getting a value price at shorter prices due to the favourite-longshot biashttp://en.wikipedia.org/wFri, 01 Jan 2010 10:42:43 -0600If your bets are value, then this strategy will pay. If you bet at say 1.25, but the true probability is more than 80%, then you will win in the long-term. If you're bets at 1.25 have a true probability of less than 80%, you will lose.https://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692714#419692714If your bets are value, then this strategy will pay. If you bet at say 1.25, but the true probability is more than 80%, then you will win in the long-term. If you're bets at 1.25 have a true probability of less than 80%, you will lose.Fri, 01 Jan 2010 10:32:08 -0600i lump on 2 to try and build my bank up quicker but like you scrooge one bet will wipe me out and then im back at square one its frustrating cause want to lay big money on here but need large bank firsthttps://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692710#419692710i lump on 2 to try and build my bank up quicker but like you scrooge one bet will wipe me out and then im back at square one its frustrating cause want to lay big money on here but need large bank firstFri, 01 Jan 2010 10:31:17 -0600I do 100 to 1000reguarly.never bet above 1.51.1 - 1.3 usually. Lay correct scores alot. It can pay if you keep your discipline.https://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692706#419692706I do 100 to 1000reguarly.never bet above 1.51.1 - 1.3 usually. Lay correct scores alot. It can pay if you keep your discipline.Fri, 01 Jan 2010 10:24:40 -0600Does anyone succesfully lump on at odds lower than 1.5 and make a decent profit?I make a profit when betting at level stakes on a range of odds but my bank is not that great and therefore not enough for me. I therefore try to lump on when I am extremhttps://community.betfair.com/general_betting/go/thread/view/94082/23493774/can-lumping-on-at-low-odds-pay-long-term?post_id=419692702#419692702Does anyone succesfully lump on at odds lower than 1.5 and make a decent profit?I make a profit when betting at level stakes on a range of odds but my bank is not that great and therefore not enough for me. I therefore try to lump on when I am extremFri, 01 Jan 2010 10:21:02 -0600