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The £100 K challenge

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By:
undern
When: 10 Apr 11 19:45
Greened up on the football bet.

Over 4.5 Goals  18  £0.86  £14.62 
Ref: 14336625576 Bet matched:19:43 10-Apr-11
 
  18  £1.76  £29.92 
Ref: 14336625576 Bet matched:19:42 10-Apr-11
By:
Paulol
When: 10 Apr 11 19:49
undern can i ask how old you are?
By:
undern
When: 10 Apr 11 20:28
Betwet - whilst I am happy for you to have your say make sure you check up whether I know anything about the casino industry (and the different games) before you make comments to suggest I have no idea. Trust me I am very experienced in the casino industry [;)] - and have seen all sorts of things happen.

The idea that everyone loses in a casino is nonsensical and only really comes about from people that have no idea nor have spent time supervising the tables games (ie: watching the change in the profitability of the table throughout a 24 hour even 7 day period). There are some big winners and losers just like you have on here in any of the markets BF provide (including your football).

What factor you appear to laugh at is timing.

Timing is in relation to when you decide to realise a profit as opposed to outright cheating on a casino game. Timing I believe is such a critical thing when it comes to 'gambling' no matter what sport or casino game.

Timing is inherent in the decisions we make and as such are based on our own judgements - do I trade out of a position to lock a profit after a goal, do I trade out to minimise a loss, do I walk away with £25 profit from the craps table at the local casino table or do I decide to continue until I reach £50 or simply go bust.

Like anything some people are better than others at applying the notion of "timing" to their betting. 

It is funny - roulette has a house advantage of around 2.7% (European AR) so the expectation is a loss of £2.70 for £100 bet while you seem think betting on a game of football at odds which you have no way of knowing (until the result is known) whether the odds is a true reflection of what is going to occur. ie: odds are 2.25 for Team A yet you decide to bet or not - not knowing exactly the true odds should be.

That I am afraid is where 'timing' comes into it - something you seem to dismiss without a thought.
By:
undern
When: 10 Apr 11 20:50
Back bet on Sweeting (at break point 4-4 which he converted)  - US Men's Clay court tennis 

Ryan Sweeting  2.36  £58.00  £78.88 
Ref: 14337561911 Bet matched:20:48 10-Apr-11
By:
Paulol
When: 10 Apr 11 20:53
undern how old?
By:
undern
When: 10 Apr 11 20:58
Just locked in a profit of £24 with Sweeting have just taken the first set. Nishikori started around 1.4 pre-match.

Kei Nishikori  2.5  £54.80  £82.20 
Ref: 14337652021 Bet matched:20:56 10-Apr-11
By:
undern
When: 10 Apr 11 21:01
why Paulol ? I prefer not to say. I assure you I am just an average guy Happy
By:
undern
When: 10 Apr 11 21:18
Back bet Adam Scott in the golf (inplay)


Adam Scott  18  £2.26  £38.42 
Ref: 14337888141 Bet matched:21:17 10-Apr-11
 
18  £3.44  £58.48 
Ref: 14337888141 Bet matched:21:17 10-Apr-11
 
18  £8.25  £140.25 
Ref: 14337888141 Bet matched:21:17 10-Apr-11
 
18.5  £4.90  £85.75 
Ref: 14337888141 Bet matched:21:17 10-Apr-11
By:
undern
When: 10 Apr 11 21:38
Backing of Rory McIlroy in the Golf.

3.15  £3.57  £7.68 
Ref: 14338102108 Bet matched:21:36 10-Apr-11
 
3.15  £5.00  £10.75 
Ref: 14338102108 Bet matched:21:36 10-Apr-11
 
3.15  £10.00  £21.50 
Ref: 14338102108 Bet matched:21:36 10-Apr-11
 
3.15  £10.57  £22.73 
Ref: 14338102108 Bet matched:21:36 10-Apr-11
 
3.15  £61.86  £133.00 
Ref: 14338102108 Bet matched:21:36 10-Apr-11
By:
undern
When: 10 Apr 11 21:41
Will be looking to do some greening up inplay. Come on Adam Scott stay with it ..Laugh
By:
undern
When: 10 Apr 11 22:19
Layed of McIlroy (basically to get out at a loss on my back bet earlier)

7  £30.00  £210.00 £180.00 
Ref: 14338547189 Bet matched: 22:18 10-Apr-11
By:
undern
When: 10 Apr 11 22:20
Still got a very nice bet on Adam Scott to be in the top 5 so hopefully at worst that will come through okay. Stay in the game Scotty !
By:
undern
When: 10 Apr 11 22:45
I also have a back bet on Adam Scott at 18's to win the whole thing - so trying to work out what I am going to do with it.

From earlier ....21.18 post

Back bet Adam Scott in the golf (inplay)


Adam Scott  18  £2.26  £38.42 
Ref: 14337888141 Bet matched:21:17 10-Apr-11
 
18  £3.44  £58.48 
Ref: 14337888141 Bet matched:21:17 10-Apr-11
 
18  £8.25  £140.25 
Ref: 14337888141 Bet matched:21:17 10-Apr-11
 
18.5  £4.90  £85.75 
Ref: 14337888141 Bet matched:21:17 10-Apr-11
By:
undern
When: 10 Apr 11 23:06
Well Adam Scott is doing us Aussie's proud Laugh

Just greened up on the Top finish bet I had with him ...

Adam Scott  1.05  £2.00  £2.10 £0.10 
Ref: 14338381222 Bet matched: 23:05 10-Apr-11
 
1.05  £20.00  £21.00 £1.00 
Ref: 14338381222 Bet matched: 23:05 10-Apr-11
 
1.05  £88.41  £92.83 £4.42 
Ref: 14338381222 Bet matched: 23:05 10-Apr-11
 
1.05  £89.59  £94.07 £4.48 
Ref: 14338381222 Bet matched: 23:05 10-Apr-11
By:
undern
When: 10 Apr 11 23:07
Mean't to say 'Top 5 finish bet'
By:
undern
When: 10 Apr 11 23:13
Back bet on Schwartzel inrunning on the golf.

Charl Schwartzel  4  £4.00  £12.00 
Ref: 14339060948 Bet matched:23:12 10-Apr-11
 
4  £4.05  £12.15 
Ref: 14339060948 Bet matched:23:12 10-Apr-11
 
4  £6.95  £20.85 
Ref: 14339060948 Bet matched:23:12 10-Apr-11
By:
undern
When: 10 Apr 11 23:22
Little bet on top 5 finish in golf for Luke Donald.

Luke Donald  1.63  £35.00  £22.05 
Ref: 14339127173 Bet matched:23:21 10-Apr-11
 
1.66  £15.00  £9.90 
Ref: 14339127173 Bet matched:23:21 10-Apr-11
By:
Knight Commander
When: 10 Apr 11 23:34
Looking good undern Happy
By:
Paulol
When: 10 Apr 11 23:34
you australian undern?
By:
undern
When: 10 Apr 11 23:38
Paulol - I am.

KC - it was looking good but not anymore. Should have greened up earlier. Still a nice win on the top 5 betting.
By:
Paulol
When: 10 Apr 11 23:39
wow whereabouts mate? i love oz and aussies Laugh
By:
undern
When: 10 Apr 11 23:40
south wales Laugh[;)]
By:
Paulol
When: 10 Apr 11 23:42
new south wales?
By:
undern
When: 10 Apr 11 23:44
Both !
By:
Paulol
When: 10 Apr 11 23:46
explain...
By:
undern
When: 10 Apr 11 23:47
At least Adam Scott gave it a good run for the money. Good stuff.
By:
undern
When: 10 Apr 11 23:47
I used to live NSW but now live in SW
By:
Paulol
When: 10 Apr 11 23:50
cool ive backpacked round oz. what brought you to the UK and how long u been here?
By:
undern
When: 11 Apr 11 00:13
Well that was a pretty exciting golf tournament ... and did well with top 5 bets on Adam Scott and also Luke McDonald. Plus a small bet on the winner ... but should have layed off more on outright Adam Scott bet. Oh well.
By:
undern
When: 11 Apr 11 00:13
Challenge summary is as follows: Starting bank of £2.5K

04/04/2011    2575
05/04/2011    2600
06/04/2011    2861
07/04/2011    2962
08/04/2011    2750
09/04/2011    2885
10/04/2011    3062
By:
Paulol
When: 11 Apr 11 00:30
thats nice. 1000 dollars up Laugh

so what brought you to the UK and how long u been here?
By:
undern
When: 11 Apr 11 09:39
Back inplay (match just started) on Youzhny

Mikhail Youzhny  1.94  £30.34  £28.52 
Ref: 14340512575 Bet matched:09:38 11-Apr-11
 
1.95  £121.66  £115.58 
Ref: 14340512575 Bet matched:09:38 11-Apr-11
By:
undern
When: 11 Apr 11 11:11
Some greening up inplay ....

Florian Mayer  2.8  £25.00  £45.00 
Ref: 14340853989 Bet matched:11:08 11-Apr-11
 
4.7  £17.71  £65.53 
Ref: 14340864453 Bet matched:11:10 11-Apr-11
By:
undern
When: 11 Apr 11 11:19
Bit more greening up ...

4.8  £11.39  £43.28 
Ref: 14340933963 Bet matched:11:18 11-Apr-11
By:
undern
When: 11 Apr 11 11:43
Well I ended up making a whole £1.81. Should learn to green up more inrunning but hey a wins better than a loss.
By:
undern
When: 11 Apr 11 11:48
Lay in dog race 11.48


4. Soda Jack  4.5  £0.06  £0.27 £0.21 
Ref: 14341162146 Bet matched: 11:48 11-Apr-11
 
4.5  £0.90  £4.05 £3.15 
Ref: 14341162146 Bet matched: 11:48 11-Apr-11
 
4.5  £0.01  £0.05 £0.04 
Ref: 14341162146 Bet matched: 11:48 11-Apr-11
 
4.5  £0.26  £1.17 £0.91 
Ref: 14341162146 Bet matched: 11:48 11-Apr-11
 
4.5  £0.40  £1.80 £1.40 
Ref: 14341162146 Bet matched: 11:48 11-Apr-11
 
4.5  £0.50  £2.25 £1.75 
Ref: 14341162146 Bet matched: 11:48 11-Apr-11
 
4.5  £1.83  £8.24 £6.41 
Ref: 14341162146 Bet matched: 11:48 11-Apr-11
 
4.5  £2.00  £9.00 £7.00 
Ref: 14341162146 Bet matched: 11:48 11-Apr-11
By:
undern
When: 11 Apr 11 11:58
Delayed sheffield 11.42am Dog Race Lay bet

5. Barnside Bob  5  £12.00  £60.00 £48.00 
Ref: 14341224659 Bet matched: 11:57 11-Apr-11
By:
undern
When: 11 Apr 11 11:59
Sad Damn dog just got up to win ...
By:
undern
When: 11 Apr 11 12:06
Another dog lay which the dog ended up winning so another loss ...

6. Henpecked 3.6 £25.00 £90.00 £65.00 
Ref: 14341278148 Bet placed: 12:04 11-Apr-11
By:
undern
When: 11 Apr 11 12:16
Back in the tennis. 

Daniel Gimeno Traver  1.14  £9.00  £1.26 
Ref: 14341354052 Bet matched:12:13 11-Apr-11
 
1.14  £12.80  £1.79 
Ref: 14341354052 Bet matched:12:13 11-Apr-11
 
1.14  £83.54  £11.70 
Ref: 14341354052 Bet matched:12:13 11-Apr-11

Not feeling too lucky today ... so will see how I get on.
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