New Posts For Thread: Is it true that gambling edges never last?.https://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-lastI've heard this expression an edge in gambling never lasts (and if you have one make hay while the sun shines) However, the hooverers at horseracing tracks STILL seem to be making huge sums 15 years after Betfair started? Will it ever end?Nice analogy, Nathan. I was fortunate to start in the early days of bf Australia, when there were only a few small sharks. Would be tougher to start now.https://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-last?post_id=552622061#552622061Nice analogy, Nathan. I was fortunate to start in the early days of bf Australia, when there were only a few small sharks. Would be tougher to start now.Fri, 18 Aug 2017 23:23:09 -0500aye robot & pxb have this spot on IMHO. (Hat tip also to the 'fooled by randomness' line; really great book by Nassim Taleb for anyone interested). An edge shared will always be an edge halved & most simplistic edges will be corrected / eroded by thehttps://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-last?post_id=552612645#552612645aye robot & pxb have this spot on IMHO. (Hat tip also to the 'fooled by randomness' line; really great book by Nassim Taleb for anyone interested). An edge shared will always be an edge halved & most simplistic edges will be corrected / eroded by theThu, 17 Aug 2017 18:15:50 -0500suppose there are edges that people exploit, usually find creating edges the best way forward, never been one for looking at lots of data to give me an edge. really comes down to the individual and how they best exploit thereparticular skills set.https://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-last?post_id=552599227#552599227suppose there are edges that people exploit, usually find creating edges the best way forward, never been one for looking at lots of data to give me an edge. really comes down to the individual and how they best exploit thereparticular skills set.Wed, 16 Aug 2017 06:27:11 -0500There are some horses that will NEVER be overbet by the public due to the way they back and the criteria they use to arrive at their selections . Some edges will never disappear . Do you really believe that layers would lower their prices on a horsehttps://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-last?post_id=552596163#552596163There are some horses that will NEVER be overbet by the public due to the way they back and the criteria they use to arrive at their selections . Some edges will never disappear . Do you really believe that layers would lower their prices on a horseTue, 15 Aug 2017 16:23:38 -0500Edges do last. What happens, is that over time, knowledge of any particular edge reaches more people. Thus, the profit made from that edge by any individual decreases over time.The same edges I was using 10 years ago are still there, but the amount Ihttps://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-last?post_id=552589727#552589727Edges do last. What happens, is that over time, knowledge of any particular edge reaches more people. Thus, the profit made from that edge by any individual decreases over time.The same edges I was using 10 years ago are still there, but the amount ITue, 15 Aug 2017 02:04:46 -0500As for specific edges; the limited number of people I do know that are making profits on BF are using constantly evolving systems to maintain their edges or potentially derive new ones.Spot on - for me anyway. That said, large parts of my models remahttps://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-last?post_id=552586437#552586437As for specific edges; the limited number of people I do know that are making profits on BF are using constantly evolving systems to maintain their edges or potentially derive new ones.Spot on - for me anyway. That said, large parts of my models remaMon, 14 Aug 2017 12:51:12 -0500I don't have enough knowledge re: hoovering at horseracing to comment specifically, but I'm guessing you mean the people trackside hoovering up the spare change on fallers due to having quicker information than those watching streams (free money as lhttps://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-last?post_id=552573135#552573135I don't have enough knowledge re: hoovering at horseracing to comment specifically, but I'm guessing you mean the people trackside hoovering up the spare change on fallers due to having quicker information than those watching streams (free money as lSat, 12 Aug 2017 19:26:45 -0500I've heard this expression an edge in gambling never lasts (and if you have one make hay while the sun shines) However, the hooverers at horseracing tracks STILL seem to be making huge sums 15 years after Betfair started? Will it ever end?https://community.betfair.com/general_betting/go/thread/view/94082/30922061/is-it-true-that-gambling-edges-never-last?post_id=552563045#552563045I've heard this expression an edge in gambling never lasts (and if you have one make hay while the sun shines) However, the hooverers at horseracing tracks STILL seem to be making huge sums 15 years after Betfair started? Will it ever end?Sat, 12 Aug 2017 04:21:09 -0500