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Feck N. Eejit
20 Sep 11 17:46
Joined:
Date Joined: 10 Jan 02
| Topic/replies: 8,841 | Blogger: Feck N. Eejit's blog
what percentage on each of the following did you make your money on

1) Pre-event gambling (i.e. one sided bets)

2) Pre-event trading (includes market making)

3) In-running gambling

4) In-running trading
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Report Feck N. Eejit September 20, 2011 5:47 PM BST
1) 100%
Report Deltâ September 20, 2011 5:50 PM BST
my PS3 has the YWOD screen Sad
Report Contrarian September 20, 2011 5:58 PM BST
1) 0%
2) c. 5%
3) c. 15%
4) c. 80%
Report Bayes. September 20, 2011 6:52 PM BST
I would guess

1) 10%
2) 30%
3) 10%
4) 50%

Trading and gambling are hard to separate for me though as if I have something at about fair price then I will market make (trading), after which I almost always get out of line with the market and end up exposed (gambling).
Report Bluenose September 20, 2011 7:02 PM BST
1 70
2 30
3 0
4 0
Report jabmast September 20, 2011 8:29 PM BST
I actually wish I knew the answer to this question myself regarding the separation of gambling/trading that Bayes talks about above, but I will hazard a guess:

1) 0%
2) 0%
3) 50%
4) 50%
Report jas1968 September 20, 2011 10:54 PM BST
1)  100
Report catflmasppo September 21, 2011 8:00 AM BST
Same as Bayes, trading and gambling are blurred for me.

1&2) 5%
3&4) 95%

Although I haven't paid any pc yet, I am one of the 480.
Report Feck N. Eejit September 21, 2011 10:58 AM BST
Thanks for the replies. I was hoping to determine to what extent the sins of the traders and in-runners had been visited on the gamblers but I guess it's one of those threads a lot of people would be embarrased to post on. Laugh
Report TheInvestor2 September 21, 2011 11:19 AM BST
1) 10%
2) 10%
3) 30%
4) 50%
Report Get On MASSIVE September 21, 2011 12:14 PM BST
1-3) under 5%
4) 95%+

I'm what certain people might term "a fly round ****". Happy
Report catflmasppo September 21, 2011 12:20 PM BST
Lol, my bots must be a swarm!
Report Feck N. Eejit September 21, 2011 12:22 PM BST
GOM, you should change your name to Legion for you are many [;)]
Report Mr.Anderson September 21, 2011 12:25 PM BST
Question for Feck:

Let's say you estimate that a particularly magnificent animal has a 50% chance of winning a race, so you back this animal to win at 2.2.

Later (but still before the race has started) the price drops to 1.8. Do you then refuse to lay the same animal out of principle?
Report The Magician (100) September 21, 2011 12:28 PM BST
at least you admit your a fly GOM, and a charming fly.
Report catflmasppo September 21, 2011 12:28 PM BST
Take both bets if they are both value.
Report catflmasppo September 21, 2011 12:29 PM BST
You could do that without being a fly.
Report The Magician (100) September 21, 2011 12:30 PM BST
I dont pay PC but

1) 90%
2) 10% but only on significant price moves (Such as Mr Andersons suggestion)
3) -1%
4) -2%

just branching into the IR space, and losing (for now)
Report Get On MASSIVE September 21, 2011 12:36 PM BST
If I wasn't doing this for a living I'd have to go back to one of my old jobs of either mugging old ladies and giving them a good shoeing for good measure or selling crack to the kids (I gotta get paid).
Report metal guru September 21, 2011 12:50 PM BST
1)35%
2)0%
3)65%
4)0%
Report aspy65 September 21, 2011 1:47 PM BST
what pc3 ?    i,m only aware of pc1 + pc2 !
Report catflmasppo September 21, 2011 2:42 PM BST
You don't add up to 100, Mag.
Report Feck N. Eejit September 21, 2011 4:04 PM BST
Mr Anderson, I've nothing against closing out bets based on price.

GOM, surely roofing would be the way to go?
Report charlatan September 21, 2011 4:45 PM BST
not yet a pc3 payer but where does laying a book or trading on a long term market as it is being affected by short term events fit into these categories (e.g. betting on the snooker world champ winner market while games are in-play)? this seems a kind of middle ground between in-running and pre-event to me.
Report Harry Morgan September 21, 2011 5:13 PM BST
1) 10
2) 20
3) 10
4) 60
Report DrWhom September 24, 2011 11:22 AM BST
DrWho tells me that for him is used to be:

1) 0
2) 0
3) 100
4) 0

but now is:

1) 100

This is because the in-play horse racing markets have changed significantly over the past year for a number of reasons. Therefore, to keep ahead of the curve he's had to adapt and come up with new ideas.......
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