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bakayoko
08 Mar 11 11:57
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Date Joined: 29 Jul 08
| Topic/replies: 77 | Blogger: bakayoko's blog
Given that draw odds are now more efficient in preventing it from being so.

Consider greening out after 1st goal (by fav) at every opportunity and an exit point of 1.8ish. Target 5-10% ROI per game   

And what is the best value hedge?

Back draw/draw
Back dog to score first
Back U1.5 etc

A lot of stuff/ideas alreay out on the net just wondering if anyone has made it work long term ta

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Replies: 16
By:
Alex the old wrinkled retainer
When: 08 Mar 11 12:03
Why do you think the odds for any of those markets is wrong?  Ah, and if you could put the words in your first two sentences in a different order then I might understand what you are getting at.
By:
bakayoko
When: 08 Mar 11 12:18
think there is a tendency for the draw market to overreact less, regardless of who scores first - possibly due to the increasingly large number of people using this strategy 

not saying the other markets are mispriced
By:
DFCIRONMAN
When: 08 Mar 11 12:42
If you lay the DRAW , whatever the game is, then you are likely to be treading water ...probably....

Having 1 strategy and applying to any game , without selecting games meeting certain criteria, then can't see that being PROFITABLE in long-run.
By:
buzzer
When: 08 Mar 11 12:48
bakayoko
Date Joined: 29 Jul 08
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When: 08 Mar 11 12:18
Joined:
Date Joined: 29 Jul 08
| Topic/replies: 59 | Blogger: bakayoko's blog
think there is a tendency for the draw market to overreact less, regardless of who scores first - possibly due to the increasingly large number of people using this strategy




3 or 4 years ago there were thousands doing this these days they've either gone skint or seen the light. As has been said you need to lay the draw at odds that are too short and if you're attempting to green after a goal the odds are that you'll be backing back at odds that are too short due to your desperation of greening in case of a quick equaliser.
By:
salmon spray
When: 08 Mar 11 12:51
An associate of mine on the forum swore this was the route to riches about 6 months ago. I tried it four times and three times managed to pick 0-0 draws.
By:
Alex the old wrinkled retainer
When: 08 Mar 11 13:02
I have got it now, sorry for being slow on the uptake, this is the complete opposite of what I do.

On the lower liquidity markets it becomes more apparent that backers back a win.  Consequently the price for the draw goes too big.  Having recognised that, it is a case of simply backing the value selection.
By:
supernap.
When: 08 Mar 11 14:18
I would be more inclined to be a backer than a layer of the
draw in most matches.
By:
bakayoko
When: 08 Mar 11 15:25
wasn't assuming it would work when blindly laying every draw if odds were say 3.0-3.8

would obviously be using some sort of screening measures e.g. overs > evens or 0-0 > 15

from the general comments so far im guessing its tough at best if not impossible. considering a winning averages (conservatively) 5% ROI and average loss @ exit of -25% ROI it does seem hard to beat in the long run

unless someone else knows better?
By:
Footy_Punter
When: 08 Mar 11 17:02
From my experience the matches most used for this are usually priced up home team 1.5 to 1.6 draw 4.2 to 4.7 away team 7.0 to 8.0 so the layers are banking on the fav to score first, you might as well back home team to win or score first imvho
By:
flatliner
When: 08 Mar 11 17:48
FCG used to be very popular, on the footie forum at one time there'd be a new thread about this every 6 to 8 weeks with some people claiming a consistant +roi using various starting criteria and hedging. Not so much now. It's still done and knowing that it's usefull to play against as some people above have pointed out.
By:
viva el presidente!
When: 08 Mar 11 18:40
said this before, but seems to me there's an anomaly in the draw price, which is this.

if opinion is divided and a lot of money comes for both teams at once, the draw goes out - even though the action's suggesting they're more rather than less evenly matched.

if I was going to look into draw-based systems, I'd look at that, and stick offers up a couple of ticks above the market in the hope of getting matched in the run up to KO.
By:
Just Checking
When: 08 Mar 11 18:59
Or viva, it might be people trying to lay the draw pushing the draw odds out, which would have the same effect?

I've dabbled in laying the draw. Underdog scores first, draw odds go down not up, you're screwed unless 2 go other way. No goal, screwed. Even when it goes your way the draw odds don't go up as much as you might expect, I suggest watching odds a few times.

And even if favourite scores first, if the underdog equalises quickly enough and especially if Betfair is playing it's 'lets have a ridiculously long suspend and keep it suspended even after the match is obviously underway again' game you may not be able to do anything before the equaliser goes in, which might leave you wanting to knock holes in a few walls.

In short .. wouldn't recommend it.
By:
viva el presidente!
When: 08 Mar 11 19:08
there's probaby times when that happens JC, but watching markets in real time on geek's toy, you often see the draw pushed out by both teams trying to shorten at once.
By:
Alex the old wrinkled retainer
When: 08 Mar 11 19:15
I am convinced that I am invisible. [;)]
By:
buzzer
When: 08 Mar 11 19:46
I'm very surprised Alex the old wrinkled retainer hasn't commented on this thread! Has anyone seen him about lately?
By:
U.A.
When: 08 Mar 11 19:52
Who is he?
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