A lad i know has just inherited a large sum of money. he has no job but wants to do somthing to make more money...
He knows roughly how betfair works and said he is waiting for a footie team to go 3-0 up or so then putting £50,000 on to win the game profiting £1500 roughly if the result stays the same.
I think he plans to do this on bet365 or here if he can.
im very worried he will win a few but may come unstuck. I advise him to just buy a few houses and take the rent income as safe money buy he seems set on doing some bets.
You wouldnt get 2 houses for 50,000 anywhere probably not even one.
If he wants to do it let him do it, his bloody loss aint it.
Fishing thread anyway
Fu** off You wouldnt get 2 houses for 50,000 anywhere probably not even one.If he wants to do it let him do it, his bloody loss aint it.Fishing thread anyway
I take it you meant answer by any chance, i think this is a fishing thread and if it isnt then its not your problem if he wont listen, He will go bust and end of story and quickly.
Whats a answere?I take it you meant answer by any chance, i think this is a fishing thread and if it isnt then its not your problem if he wont listen, He will go bust and end of story and quickly.
The only thing you can do is warn him, that way when he goes bust your conscience is clear, and you might just find the one guy who ever listens, but don't be hard on yourself when he doesn't
The only thing you can do is warn him, that way when he goes bust your conscience is clear, and you might just find the one guy who ever listens, but don't be hard on yourself when he doesn't
Tell him to miss out the middle man and dish it out amongst us all with a smile and handshake for good measure.
Sounds like he's still greiving. Tell him not to do anything rash and you'll help him.... talk him through it if you like (out of it).
Tell him to miss out the middle man and dish it out amongst us all with a smile and handshake for good measure.Sounds like he's still greiving. Tell him not to do anything rash and you'll help him.... talk him through it if you like (out of
I think this is the game you're looking for:English Premier - KO 15:00 Tottenham 3 (3) - 5 (0) Man Utd Richards 15Ferdinand 25Ziege 45Cole 46 Blanc 58 van Nistelrooy 72 Veron 76 Beckham 87 At White Hart Lane on 29-09-2001
Football League Championship - KO 15:00 Southampton 3 (3) - 4 (0) Leeds Pahars 27 Quashie 35 Quashie 45 (p) Butler 71 Blake 77 David Healy 84 (p) Miller 86
At St Mary's Stadium on 19-11-2005
Football League Championship - KO 15:00 Southampton 3 (3) - 4 (0) Leeds Pahars 27Quashie 35Quashie 45 (p) Butler 71 Blake 77 David Healy 84 (p) Miller 86 At St Mary's Stadium on 19-11-2005
Always remember this one. Opening day of the season (pre-Betfair) expecting goals and I back 3-3 at 66/1!
English Premier Southampton 3 (1) - 4 (3) Nottm Forest Le Tissier 10 (p) Le Tissier 58 (p) Le Tissier 69 Cooper 8 Cooper 36 Roy 42 Roy 79
At The Dell on 19-08-1995
Relying on my memory.Always remember this one. Opening day of the season (pre-Betfair) expecting goals and I back 3-3 at 66/1!English Premier Southampton 3 (1) - 4 (3) Nottm Forest Le Tissier 10 (p)Le Tissier 58 (p)Le Tissier 69 Cooper 8 Coope
Thanks for some good replys. i have warned him and said to try with smaller amounts to see how it works etc.
to thiose that put fishing, i actully dont know what you mean by this?!?!? i just thought id start my 1st thread with somthing half intresting.
Cheers all
Thanks for some good replys.i have warned him and said to try with smaller amounts to see how it works etc.to thiose that put fishing, i actully dont know what you mean by this?!?!? i just thought id start my 1st thread with somthing half intresting.
He could do worse than lay a 1000.0 horse PRE-OFF three times a day for 100k each. That's a very safe bet to make 300 quid a day, perhaps the other guys will put up some 'hits' ... ?
The only one I know of was a horse called Bermondsey Bob a couple of years ago.
He could do worse than lay a 1000.0 horse PRE-OFF three times a day for 100k each. That's a very safe bet to make 300 quid a day, perhaps the other guys will put up some 'hits' ... ?The only one I know of was a horse called Bermondsey
Am I the only one who thinks it's actually quite a good idea? Obviously your mate wouldn't back against Man U when they're 3-0 down, but mostly he should win and it wouldn't take long to make his stake back then he's got a free run...
Am I the only one who thinks it's actually quite a good idea? Obviously your mate wouldn't back against Man U when they're 3-0 down, but mostly he should win and it wouldn't take long to make his stake back then he's got a fr
not quite the same but west ham 5 -4 bradford after being 4-2 down.http://www.shropshirestar.com/latest/2008/08/18/west-ham-5-bradford-4-classic-video/
Print this out for your mate. There is a very big difference between something that's "never going to happen", and something that has a very small chance of happening. This happened only a few days ago:
The Investor 06 Jun 10 19:07 Just had my first ever loss laying at 1000.
I layed the draw in
Molde v Lillestrom : Match Odds
I had already closed the markets for this game, when I saw a substantial loss in my PL for the day. Then I found out this happened:
89:13 3-1 91:43 3-2 93:34 3-3 (3it)
There was also an African cup of Nations game this year that went from 4-0 to 4-4 in the last 15 minutes, and a championship game where the favourite was leading 4-0, where it went to 4-2 with another two goals in injury time making it 4-4.
In the example above I was lucky enough to have backed the draw earlier at 200's, but I still ended up losing thousands on this.
Print this out for your mate.There is a very big difference between something that's "never going to happen", and something that has a very small chance of happening. This happened only a few days ago:The Investor 06 Jun 10 19:07 Just had m
howardisawinker 14 Jun 10 21:36 but do you get 1.03 often when a team's 3-0 up? Generally you can't back them anymore
This is rare, but it happens if one team is much weaker than the other and happens to score the first three goals in the game fairly early in the first half.
howardisawinker 14 Jun 10 21:36 but do you get 1.03 often when a team's 3-0 up? Generally you can't back them anymoreThis is rare, but it happens if one team is much weaker than the other and happens to score the first three goals in t
Valero 14 Jun 10 23:20 with a 100k bank it would be childs play to take an easy 500 quid a day out of the horse racing markets.
honestly childs play.
This type of reply always deserves a ROFFLE.
Valero 14 Jun 10 23:20 with a 100k bank it would be childs play to take an easy 500 quid a day out of the horse racing markets.honestly childs play.This type of reply always deserves a ROFFLE.
agree, if its so easy making money with a big bank, why is it so hard for these same people with their small banks, ergo, why are their small banks so small still.
agree, if its so easy making money with a big bank, why is it so hard for these same people with their small banks, ergo, why are their small banks so small still.
if you had a 100 quid bank, making a few quid a race etc, hardly inspiirng is it?
making a few hundred quid out of a race, laying, would keep you focuses on the plan in hand.
i know, believe me or dont believe me.
discipline.if you had a 100 quid bank, making a few quid a race etc, hardly inspiirng is it?making a few hundred quid out of a race, laying, would keep you focuses on the plan in hand.i know, believe me or dont believe me.
Valero 14 Jun 10 23:20 with a 100k bank it would be childs play to take an easy 500 quid a day out of the horse racing markets.
honestly childs play.
---------------------
I love this idea that betting suddenly becomes much easier once you have a big bank. Completely the opposite in my opinion...in fairness I never bet on horses, perhaps I should though by the sound of it!
Valero 14 Jun 10 23:20 with a 100k bank it would be childs play to take an easy 500 quid a day out of the horse racing markets.honestly childs play.--------------------- I love this idea that betting suddenly becomes much easier once you have a
mentally, its easy to keep a grip when on e sinlge lay can add a few hundred to the balance, its a figure you can think of as decent to now stop.
nicking 2 or 3 quid a bet from a small bank is not going to let you keep disciplined, you will hunt more bets.
a bigger bank affords you the opportunity to go in for just one kill, and then ease off.
KR - i answered that question before your post.mentally, its easy to keep a grip when on e sinlge lay can add a few hundred to the balance, its a figure you can think of as decent to now stop.nicking 2 or 3 quid a bet from a small bank is not going t
I would be fascinated to see your method in action.
Has the possibility for the first ever successful horse racing thread on general betting.
I know plenty of people who expend hundreds of hours trying to scratch a living from the horse racing markets. Many would be interested to watch someone make it look so easy that it is childs play.
Are you up for it?
I would be fascinated to see your method in action.Has the possibility for the first ever successful horse racing thread on general betting.I know plenty of people who expend hundreds of hours trying to scratch a living from the horse racing markets.
Horse Racing is the place to make small, regualr returns.
Not backing them either.
Fixed to kingdom come, the great beauty in BF is the ability to learn the tricks of the trade from certain patters.
I dont just mean drifters, too obvious, and overall... laying drifters and backing steamers does not provide profits either.
There are distinct patterns that can lead to profits if you know what you are doing.
Horse Racing is the place to make small, regualr returns.Not backing them either.Fixed to kingdom come, the great beauty in BF is the ability to learn the tricks of the trade from certain patters.I dont just mean drifters, too obvious, and overall...
i am happy to respond to you, as even though you remain cynical, which is to be fully understood, your tone and general demeanour on here is very respectful, and i would like to respond in kind.
i am happy to respond to you, as even though you remain cynical, which is to be fully understood, your tone and general demeanour on here is very respectful, and i would like to respond in kind.
I was thinking you could post your selections on a thread prior to race time. If you felt that would compromise your situation I would be happy to act as an independent adjudicator.. I hope you can appreciate my cynicism as my background is the form book and 500 per day is far from being childs play.
Valero, fair play.I was thinking you could post your selections on a thread prior to race time. If you felt that would compromise your situation I would be happy to act as an independent adjudicator.. I hope you can appreciate my cynicism as my backg
It's not simple to make money from horse racing, but it's certainly possible. Like Valero I'm on my 3rd (or is it 4th?) BF account since around 2002. First, some basics need to be understood:
1. Only 2% of Betfair account are in profit (according to Betfair) 2. The last 400 years has provided evidence that:
a) Those betting with an "informed opinion" on what will win are gambling and lose in the long run b) Those betting with the maths and laying over-round or backing under-round win in the long run. The whole of Las Vegas was financed on a 104% over-round. Every bookie with a nice car is betting at 110% over-round or better.
These facts are not unrelated.
If the friend of the original poster is going to back "certainties", he'll lose in the long run.
If I was going to do something with a large bank, I'd spend a couple of grand on getting a bot written, lay to a payout and make sure my liability was never more than 2% of my bank.
You might only eek out a few hundred quid a day (and some days you'll lose, but not as often as you'll win), but if you adjust your bank based on winnings, you get the miracle of compounding working for you and getting a return of 2% per day is equivalent to getting 81% growth per month.
In short, if you are disciplined, know what you're doing and you're not going to gamble, it's possible to get a return. The vast majority of us (myself in the past included), just aren't that disciplined. We think if we just tweak this here, or that there, we'll get a better return. Last night I was aching to back Brazil at 0-0 because it was "obvious" they would win. I had to remind myself that was gambling. This friend will need to make sure it doesn't feel weird and hold back on the greed: he wants to be on the side of the maths, and even then he's going to need to be patient and work at experimentation to get it right.
Good luck to him though. I think it's an awful idea, but who out of us wouldn't consider it?
It's not simple to make money from horse racing, but it's certainly possible. Like Valero I'm on my 3rd (or is it 4th?) BF account since around 2002. First, some basics need to be understood:1. Only 2% of Betfair account are in profit
Actually, thinking about it, on some markets backing to a payout on an under-round book might offer an easier ride than laying to a payout on an over-round book. With horse racing, I'm pretty sure it would offer similar returns with less risk providing you had a reasonable bank.
Actually, thinking about it, on some markets backing to a payout on an under-round book might offer an easier ride than laying to a payout on an over-round book. With horse racing, I'm pretty sure it would offer similar returns with less risk pr
Muqbil - i need to think about this, i'm not keen on giving away any kind of "heads up" on my edge, but at the same time, i am keen to add some positive weight behind my strategy.
Of course, i would need to post up my selection prior to the race being run, a hint, i dont usually make the selection until maybe a minute before the off, a few times a month i will miss my price and selection, rare to get the price matched in running.
Muqbil - i need to think about this, i'm not keen on giving away any kind of "heads up" on my edge, but at the same time, i am keen to add some positive weight behind my strategy.Of course, i would need to post up my selection prior to the race
There is a body of opinion on here believing that finds some sort of safety in backing very short priced outcomes. I think it's a comfort blanket for those without a system or opinion or knowledge. Eventually it all comes down to value. If something happens 98 times out of 100 it fails 2 in 100. Backing at odds of 1.01 will result in a loss, while 1.03 provides a profit.
There is no substitute for proper method. There are only three ways to win here:
1. Have a unique system. 2. Have unique knowledge. 3. Be a better judge.
(4. Get lucky.)
There is a body of opinion on here believing that finds some sort of safety in backing very short priced outcomes. I think it's a comfort blanket for those without a system or opinion or knowledge. Eventually it all comes down to value. If somet
the horse racing community, trainers, owners, jocks, etc
always eat well, for a good reason to.
betfair has been the greatest gift to these people, they will be eternally grateful.
the horse racing community, trainers, owners, jocks, etcalways eat well, for a good reason to.betfair has been the greatest gift to these people, they will be eternally grateful.
All this stuff is fascinating, when you are bored senseless, but fascinating none the less!
I just find it an extraordinary coincidence that someone would ask for the MSN address of someone who joined on the same day!!!
Spooky or what?
Or perhaps, like me, he talks to himself and gets no sense!
[;)]
All this stuff is fascinating, when you are bored senseless,but fascinating none the less! I just find it an extraordinary coincidence that someone would ask for the MSN address of someone who joined on the same day!!!Spooky or what?Or perhaps, like
a) Those betting with an "informed opinion" on what will win are gambling and lose in the long run
that is your opinion but I can tell you its not the case
a) Those betting with an "informed opinion" on what will win are gambling and lose in the long runthat is your opinion but I can tell you its not the case
Aunty - no offence, but you have your knickers in a right twist.
May 6th - New forum etc
Really hope this helps.
UFOs? JFK? 9/11?
any other interesting thoughts for us?
Aunty - no offence, but you have your knickers in a right twist.May 6th - New forum etcReally hope this helps.UFOs? JFK? 9/11?any other interesting thoughts for us?
We are all lovely cuddly people and, I know all about the new forum, but it didn't change my join date!
Think I need a lie down now................
Hey...no offence taken or meant by me.We are all lovely cuddly people and, I know all about the new forum, but it didn't change my join date!Think I need a lie down now................
On the forum name point, I logged on to an old account (2001) which had not been for a while. I attempted to post and was asked to enter a forum name which was odd as it already had a name associated. It has bizarely started counting replies based on that account and this one. There has definitely been something strange happen.
I read on another thread your background in the city, Valero. A while ago I wrote some software that can do remarkable things but not having your background I never really used it or new how to apply it. I have not seen anything else like it and am sure someone with the background could make hay. If you are curios I can put my temp email up.
On the forum name point, I logged on to an old account (2001) which had not been for a while. I attempted to post and was asked to enter a forum name which was odd as it already had a name associated. It has bizarely started counting replies based on
There is a very big difference between something that's "never going to happen", and something that has a very small chance of happening
That's what these 1.0x Mugs can never get into their heads.
There is a very big difference between something that's "never going to happen", and something that has a very small chance of happeningThat's what these 1.0x Mugs can never get into their heads.
I am the only Muqbil I have seen posting on the forums. The forum upgrade has done something strange. The name I registered on my old a/c is Muqbil with a dot, this seems to have superseded my old forum name, wierd.
I am the only Muqbil I have seen posting on the forums. The forum upgrade has done something strange. The name I registered on my old a/c is Muqbil with a dot, this seems to have superseded my old forum name, wierd.
Makes no sense, must be to do with cookies which forum name appears, last nights post was made from this a/c but shows a different forum name (the one I added to my old a/c yesterday).
Makes no sense, must be to do with cookies which forum name appears, last nights post was made from this a/c but shows a different forum name (the one I added to my old a/c yesterday).
If you are curious about my software, I am on bfmuqbil@uk2.net (temp email). It could turn out to be something to make millions or of no use. Without input from someone with your background to say "aye we could make shedloads" or "nothing doing there m8" I will never know!
Valero,If you are curious about my software, I am on bfmuqbil@uk2.net (temp email). It could turn out to be something to make millions or of no use. Without input from someone with your background to say "aye we could make shedloads" or "nothing doin
I would imagine you may recieve the oddball or two, or three, mailing you now pretending to be me.
I have not mailed you yet.
When i do, i shall post up on here first.
Hi Muqbil, i shall certainly be emailing you.I would imagine you may recieve the oddball or two, or three, mailing you now pretending to be me.I have not mailed you yet.When i do, i shall post up on here first.
Not sure but I think over 500 quid was matched, so the layers lost just over 1/4 million. Would have been an unlucky week to start laying 1000.0 shots that's for sure, but no doubt the method remains in profit, i.e. they've won far more than a thousand times before they take one hit. Nothing to say that won't change though of course, no methods are risk free.
1st 2 Crianza 100-1 (Betfair sp 1000)2nd 4 Clare Harrier (IRE) 66-1 (800)3rd 9 Verluga (IRE) 66-1 (166) Not sure but I think over 500 quid was matched, so the layers lost just over 1/4 million. Would have been an unlucky week to start laying