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General Betting

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buzzer
27 May 10 14:37
Joined:
Date Joined: 05 Jun 04
| Topic/replies: 20,192 | Blogger: buzzer's blog
and below or indeed laying 5-1 shots and above. Now before anyone shouts me down each to their own, and there can indeed be value in  certain odds on shots, but looking through threads it seems to be a form of comfort betting! Do people feel better if they get 5 1.1 shots correct before losing than backing eight losers on the trot at 10-1 before a winner obliges? Any opinions on this, or is it just if you posted 8 losers up at odds of 10-1 you'd be shouted down and mocked so just don't bother?
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Report Kevin Nicholls is god • May 27, 2010 3:55 PM BST
you can make ALOT of money backing these. However in the challenge threads that people put up they go all in until they hit a looser. With sensible staking money can be made. Trust me I KNOWGrin
Report dlarssonf • May 27, 2010 4:42 PM BST
of course people can make money at them odds.  If there is value in the price no matter how low, then the price should be backed imo.  There is more than one way to skin a cat, look at the correct score laying thread , at best all they are doing is backing 1/10 shots but some of them have a edge and are making money.

I agree all these other challenge threads are utter dross, most just attention seeking so I ignore them now which unfortunately miss most of General betting now.
Report dlarssonf • May 27, 2010 4:43 PM BST
*means
Report modk • May 27, 2010 5:01 PM BST

Do people feel better if they get 5 1.1 shots correct before losing than backing eight losers on the trot at 10-1 before a winner obliges?


the average punter likes to bet on things that are likely to win, hence the short odds

Report buzzer • May 27, 2010 5:13 PM BST
I agree there modk that's why i think it's a form of comfort betting. dlarssonf the correct score laying thread only seems to have a couple of posters on it who're up and DFC, by his own admission, doesn't think he has an edge he seems to think he may have been lucky so far, good luck to him though. There have been numerous posters who've come and gone on there and they've almost all lost their banks in the end, although it is one of the better threads. Well done to you KNig but i was referring to the forum threads over the last few months that seem to solely concentrate on very short odds, until a few losers come then the chase comes in to play and the odds rise [;)]
Report kingofROME • May 27, 2010 5:40 PM BST
comfort betting is a good term for this. I seldom back such short odds. I like selective betting and when I pick a bet I want some form of decent return. When I do accums I will stick in these prices but everyone loves an accum....the down fall of many however
Report Rocket to the FACE • May 27, 2010 5:41 PM BST
These threads all follow the same script

Invent a brilliant, complicated banking system
Invent a brilliant, complicated staking system
Blindly back short odds
Lose


They put their effort into the wrong area.
Report modk • May 27, 2010 5:54 PM BST
some people just like a bet, and the buzz from the win

which for most people is the whole idea
Report jamesdean • May 27, 2010 6:00 PM BST
was a thread a while back that showed how to make money betting mainly odds on with the odd odds against,sure the boy didnt even believe in value or anything else,he just had total faith in his choices
Report Alex the old wrinkled retainer • May 27, 2010 6:15 PM BST
I am surprised that I have not commented on this yet.  Oops , I have.

Sometimes 1.2 is value is and sometimes it is not.  The trick is to steer clear when it is not.





Do I get a gold star?
Report General Midwinter • May 27, 2010 7:57 PM BST
There are a lot of people who like to have a punt without putting in the hard work needed to gain an 'edge' on the market.

The 'comfort betting' (excellent term btw) threads allow for them to receive a lot of positive re-enforcement and have a huge number of bets with a relatively low risk of ruin, at least in the short term.

I don't understand it personally, but each to his own I guess.
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