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heynoodles
04 Nov 09 18:08
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Date Joined: 18 Jan 05
| Topic/replies: 5,703 | Blogger: heynoodles's blog
Still going strong. Why havent Betfair stopped it please?
Pause Switch to Standard View The 2p under 1.5 layer
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Report Wee Mac November 4, 2009 7:12 PM GMT
Hope he loses. That'll teach him a lesson he won't forget.
Report heynoodles November 4, 2009 7:27 PM GMT
She cant lose wee mac. She must catch me a few times a day. Got 2p matched @1.24 earlier... returns = zero.
Report owl4life November 4, 2009 8:01 PM GMT
how does it happen?
Report Hopeless bettor November 4, 2009 8:03 PM GMT
Well bizarely I got 2p matched, except I had 2p green and no liability not sure how that works though ?!?
Report heynoodles November 4, 2009 8:06 PM GMT
Made the papers a while back... some woman making a living out of it. If you lay for 2p @ less than 1.5 the downside is less than 1p so counts as zero. So if you win you get your 2p back (but no winnings) and if you lose she gets your 2p.

Plenty of beaten horses trading on the IR horses place market @ under 1.5.
Report Plant November 4, 2009 8:10 PM GMT
Report it to BF and they will take action agains the person doing it.
Report Wee Mac November 4, 2009 8:12 PM GMT
Mmhh, that's given me an idea.....
Report they_knew November 4, 2009 8:24 PM GMT
wasn't it 1p.... ? :O
Report Rocket to the FACE November 4, 2009 8:24 PM GMT
LoL, why would they take action?
Report Moon Light November 5, 2009 1:52 AM GMT
Don't see how you could make enough to get a living out of it.
Report Sligo November 5, 2009 8:43 AM GMT
Surely would have to be for 1p?
Report Do wah Diddy November 5, 2009 8:50 AM GMT
LEAVE THEM ALONE THEIR DOING YOU NO HARM,DO YOU STAND AT THE WINDOW HIDEING BEHIND THE CURTAINS WATCHIBG WHAT YOUR NEIGHBOURS ARE DOING,
Report scarecrow November 5, 2009 8:57 AM GMT
do they pay premium charges please?
Report aye robot November 5, 2009 9:16 AM GMT
It's 2p (not 1p) because a lay of 2p at less than 1.5 gives you a liability of less than a penny.

If you make 2p on about half of all events that you play on and you can find 1000 events a day to bet on you can expect the colossal sum of £10 a day. Hardly a living.

I'm not normally one for objecting to how other people play, but this is just so shockingly lame that it even annoys me.
Report Betfarian2008 November 5, 2009 9:23 AM GMT
guys it does NOT work! try to lay two selections at 1.5 for 1p you'll notice that 0.01 is taken from your bank. betfair DO calculate these pennies
Report heynoodles November 5, 2009 9:35 AM GMT
brought another thread about 1p layer to the top

DOWAH MY NEIGHBOUR HAS 2 HOT DAUGHTERS AGED ABOUT 19-20
Report Mudflaps November 5, 2009 9:41 AM GMT
I'm not normally one for objecting to how other people play, but this is just so shockingly lame that it even annoys me.

:) I couldn't agree more
Report MRJWS November 5, 2009 9:41 AM GMT
I was laying a dog yesterday at 5.6 for £15...I got 1p matched at that price....I'm struggling to understand the angle here. Why would they only BET 1p and is there some very very small advantage to them....can;t get it round my head..
Report Muqbil November 5, 2009 9:47 AM GMT
aye robot 05 Nov 10:16

If you make 2p on about half of all events that you play on and you can find 1000 events a day to bet on you can expect the colossal sum of £10 a day. Hardly a living.


Carried out on 10 different accounts by the same person equates to 36k per annum.
Report know all November 5, 2009 9:59 AM GMT
100 accounts thats 360k, 1000 accounts £3,600,000, must be a team doing it, it will be for sale on ebay shortly
Report aye robot November 5, 2009 10:07 AM GMT
Are there really people out there who've got 10 accounts, the IT infrastructure to run them and the ability to automate your betting and yet the BEST thing they can think of to do with it is put in ridiculous £10 a day strategies?

The answer is no, this is not done by international syndicates of criminal masteminds. It's done by tight @rsed ponces who cut the stems off broccoli before they get to the super market checkout and keep the same poppy to wear every year.
Report bobby2424 November 5, 2009 10:31 AM GMT
:^0 @ aye robots post
Report mr smythe November 5, 2009 1:25 PM GMT
I remember receiving an e-mail some time ago regarding this and that your account would be suspeneded if you constantly used the 'sub £2' trick. All the api programmers had to correct the bots they sold so there was no longer an option for this on their applications. Then a few months later they released versions that could perform this action but only when trading out of positions.
I use Bet Angel and I've noticed it will place sub £2 lays if needed like when bookmaking (laying the massively priced outsiders).
Why don't they just prevent anyone from doing this whether it's on the Betfair interface or using api programs.
Report Get me a drink November 5, 2009 1:59 PM GMT
It all adds to the liquidity, well a raindrop anyway.
Report mr smythe November 5, 2009 2:22 PM GMT
you could lay a 1.06 for a whopping 8p for no liability!

Also, does anybody know why the price increments on the exchange games are different, on the sports markets from 3.0 it has increments of 0.05 but on the games it's ony 0.02
Report heynoodles November 5, 2009 2:25 PM GMT
Get me a drink 05 Nov 14:59


It all adds to the liquidity, well a raindrop anyway.


head in hands man
Report they_knew November 5, 2009 2:30 PM GMT
all bots m8 - when 1p matched it triggers another bet
Report know all November 5, 2009 3:22 PM GMT
they will all be trying it, the work shy, those on the sick, pensioners, free money
Report crediter November 5, 2009 4:51 PM GMT
..gorden brown..
Report 1955bigmac November 6, 2009 3:05 PM GMT
MRJSW

You paid £15.00 to lay a dog?

Thats perverse.
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