New Posts For Thread: a question about valuehttps://community.betfair.com/general_betting/go/thread/view/94082/24056441/a-question-about-valueif your intended market only has 2 outcomes, then if you do NOT have value on the outcome you looked into then surely you DO have value on it's opposite?EVENT HAPPENING:Yes = 1.68No = 2.46(just work with the odds, lol)now if i calculate 'YeMarkets you know well will be easier to find value in. So reckon there is value in all real markets (not your theorectical coin tosses)Or conversely it is rare that a market has no value on any runners.https://community.betfair.com/general_betting/go/thread/view/94082/24056441/a-question-about-value?post_id=433729489#433729489Markets you know well will be easier to find value in. So reckon there is value in all real markets (not your theorectical coin tosses)Or conversely it is rare that a market has no value on any runners.Sat, 15 May 2010 20:25:27 -0500In two outcome events, it would be rare to get a 20% margin on your side.I'd disagree. It might require a lot of cancelled bets but it's definitely possible.https://community.betfair.com/general_betting/go/thread/view/94082/24056441/a-question-about-value?post_id=433691593#433691593In two outcome events, it would be rare to get a 20% margin on your side.I'd disagree. It might require a lot of cancelled bets but it's definitely possible.Sat, 15 May 2010 15:31:17 -0500When I say a 20% margin, I mean, say 2.20 about a 2.0 chance. Do you think that happens rarely ? It depends on the definition of 'rarely'.https://community.betfair.com/general_betting/go/thread/view/94082/24056441/a-question-about-value?post_id=433650061#433650061When I say a 20% margin, I mean, say 2.20 about a 2.0 chance. Do you think that happens rarely ? It depends on the definition of 'rarely'.Sat, 15 May 2010 10:54:55 -0500In two outcome events, it would be rare to get a 20% margin on your side. In some ways I'm an impatient bettor if I've got my horns into something but have to back my judgement if I feel I have a bit of an edge.Though as the above poster sahttps://community.betfair.com/general_betting/go/thread/view/94082/24056441/a-question-about-value?post_id=433647241#433647241In two outcome events, it would be rare to get a 20% margin on your side. In some ways I'm an impatient bettor if I've got my horns into something but have to back my judgement if I feel I have a bit of an edge.Though as the above poster saSat, 15 May 2010 10:35:27 -0500Two things have to be taken into consideration, (a)how accurate your evaluation is and (b)commission. I only ever bet to figures and I don't bet unless I have at least 20% margin, that is, say a 1.60 (IMO) chance at at least 1.72+which allowshttps://community.betfair.com/general_betting/go/thread/view/94082/24056441/a-question-about-value?post_id=433641553#433641553Two things have to be taken into consideration, (a)how accurate your evaluation is and (b)commission. I only ever bet to figures and I don't bet unless I have at least 20% margin, that is, say a 1.60 (IMO) chance at at least 1.72+which allowsSat, 15 May 2010 09:59:56 -0500Toss of a coinBoth are evens, no value on one nor the otherToss of coin4/5 on one 10/11 on the other - no value on eitherI think your question assumes a 100% bookhttps://community.betfair.com/general_betting/go/thread/view/94082/24056441/a-question-about-value?post_id=433630441#433630441Toss of a coinBoth are evens, no value on one nor the otherToss of coin4/5 on one 10/11 on the other - no value on eitherI think your question assumes a 100% bookSat, 15 May 2010 08:43:39 -0500if your intended market only has 2 outcomes, then if you do NOT have value on the outcome you looked into then surely you DO have value on it's opposite?EVENT HAPPENING:Yes = 1.68No = 2.46(just work with the odds, lol)now if i calculate 'Yehttps://community.betfair.com/general_betting/go/thread/view/94082/24056441/a-question-about-value?post_id=433630093#433630093if your intended market only has 2 outcomes, then if you do NOT have value on the outcome you looked into then surely you DO have value on it's opposite?EVENT HAPPENING:Yes = 1.68No = 2.46(just work with the odds, lol)now if i calculate 'YeSat, 15 May 2010 08:41:28 -0500