New Posts For Thread: What's the point in laying 1000 longterm?https://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longtermHello,just a quick one:I can't see the point in offering odds of 1000 on long term markets, like the football world cup (for teams like New Zealand or Honduras). I mean, you have no access to that money for 90 days for a profit of 0.1%!? Even nowadayAlthough you'd never use betfair for that. (Or I wouldnt have posted it in full view of them :D )https://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336654#430336654Although you'd never use betfair for that. (Or I wouldnt have posted it in full view of them :D )Mon, 19 Apr 2010 21:29:03 -0500Dodgy weather forecasts for parts of america in the NFL is one time Investor.https://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336650#430336650Dodgy weather forecasts for parts of america in the NFL is one time Investor.Mon, 19 Apr 2010 21:26:36 -0500chop180 19 Apr 00:15 I find it utterly impossible to believe that they need to hedge multiple bets, bearing in mind they offer such appalling odds and charge commission on them!I can't really imagine any situation in which someone that aims thttps://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336646#430336646chop180 19 Apr 00:15 I find it utterly impossible to believe that they need to hedge multiple bets, bearing in mind they offer such appalling odds and charge commission on them!I can't really imagine any situation in which someone that aims tMon, 19 Apr 2010 17:16:43 -0500Agree Bayes. I can only imagine that the Malta trading team can tolerate only a tiny fraction of the volatility that Betfair as a whole can.With Betfair's huge cash reserves they could easily just take all the risk, as this would lead to a higher exphttps://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336642#430336642Agree Bayes. I can only imagine that the Malta trading team can tolerate only a tiny fraction of the volatility that Betfair as a whole can.With Betfair's huge cash reserves they could easily just take all the risk, as this would lead to a higher expMon, 19 Apr 2010 17:13:33 -0500They do hedge and I'm pretty sure their hedging loses. Good for the market, although it is laughable that they do it.https://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336638#430336638They do hedge and I'm pretty sure their hedging loses. Good for the market, although it is laughable that they do it.Mon, 19 Apr 2010 16:14:57 -0500only thikng is last time i looked schalke was down his lat 40quid!!!!! lol lolhttps://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336634#430336634only thikng is last time i looked schalke was down his lat 40quid!!!!! lol lolMon, 19 Apr 2010 16:00:44 -0500the commission charge makes me laughhttps://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336630#430336630the commission charge makes me laughSun, 18 Apr 2010 18:55:34 -0500I find it utterly impossible to believe that they need to hedge multiple bets, bearing in mind they offer such appalling odds and charge commission on them!https://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336626#430336626I find it utterly impossible to believe that they need to hedge multiple bets, bearing in mind they offer such appalling odds and charge commission on them!Sun, 18 Apr 2010 18:15:58 -0500The Destroyer 18 Apr 23:52 Arn't a lot of the 1000s put up by Betfair on long term markets?No, Betfair don't seed. They only hedge their multiples liabilities as far as I'm aware.https://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336622#430336622The Destroyer 18 Apr 23:52 Arn't a lot of the 1000s put up by Betfair on long term markets?No, Betfair don't seed. They only hedge their multiples liabilities as far as I'm aware.Sun, 18 Apr 2010 17:56:58 -0500Arn't a lot of the 1000s put up by Betfair on long term markets?https://community.betfair.com/general_betting/go/thread/view/94082/23869874/whats-the-point-in-laying-1000-longterm?post_id=430336618#430336618Arn't a lot of the 1000s put up by Betfair on long term markets?Sun, 18 Apr 2010 17:52:56 -0500