General Betting
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Do you green up when you can, or do you let it ride?
Mi?
I'm a nervous sort of f**ker and tend to green up.
Mi?
I'm a nervous sort of f**ker and tend to green up.
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big nads, very rarely green
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never
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greening up is the easy part of this game really, its redding up when you should in my experience that helps more
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If you have an opinion on an event,and the market moves to support your opinion,then let it ride,imo
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better a small guaranteed profit than a possible big loss - i'm green
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guaranteed profit = smaller profit though , over time you may collect less from 100 greened up bets than 100 you left ride , even if 30 of them ending up losing.
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green up for small profit and move on to the next bet.
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i always go green for a guarenteed profit, it's cost me some big big wins but it's also saved me from many big losses.
Also as a poster says above it's very difficult to go all red sometimes but why let greens that have no chance remaining ride |
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tobermory is correct. I think the difference becomes quite large over many, many bets.
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Green if it is value to do it. Otherwise run it.
Easier said than done. |
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Please what is the formula for greening up that includes your current comission rate.
eg. I back @11.0 for £100 and the price has now shortened to 6.0. Comm rate 5% How do I get equal green? Ta. |
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Hotblack Desiato
There is no formula as such, but this may help you. Go into "More Options" which is to the top right of any betting screen (just under the Refresh button). Then tick the following options Display "what if" figure and Display P&L net of commission Then when you are in your market having backed the 100 @ 11.0, just put a lay bet up at 6.0 and it will display the "what if" for you. |
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shiraz
I want to put it in an Excel sheet and the process you just mentioned must be using a formula to complete that WhatIf calculation. Anyone? |
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oddschecker.com is almost bound to have a tool that will do it for you. Look at betting tools on the top right hand of their screen. That will save you messing about with excel.
But I don't understand why you would want to do it except if you think that the odds are totally in line with the probabilities. A very rare occurrence in my very humble view. |
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Besides betfair has the "what if" facility so why mess about?
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As above.
The Oddschecker tool uses a formula to calculate it. Anyone? |
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((back_odds*stake)/lay_odds-stake)*(100-commission)/100
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Thank you Joe. :)
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It really is an extraordinarily bad idea NOT to "green up"! Just try not greening up and see how much more you lose over the long run!
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Depends if you have any concept of value. It not, green away and lose long-term. If you do, do what's correct and win long-term. Simple really.
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Alex had it spot on "Green if it is value to do it. Otherwise run it."
He was also spot on with his comment that it's easier said than done! |
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There is an exception to this and that is to green if you think that you can recycle. But again rarely to leave a level book.
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imo you should green up even if losing some value in the long run, because constant wins breed confidence and confidence is a huge plus.
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many pros put in a lay bet rather than use the dreaded green up
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It would not feel right to take money off the book unless it screamed at you.
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http://sports.betfair.com/Index.do?mi=101352730&ex=1&origin=MRL
Is is just never going to happen. This price, imo is down to one of the consistent greeners greening. Only take a green when it is value. 1.05 is not! |
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** is.
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