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LEGIT
12 Nov 14 09:19
Joined:
Date Joined: 14 Sep 10
| Topic/replies: 203 | Blogger: LEGIT's blog
If either method returns the same which method would be best in your opinion and why?
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Report danny111 November 13, 2014 8:10 PM GMT
Back 2 lay reason you can only loss what you stake ie if you stake is £30 you can have 4 winning trades and then on trade goes again you and all you loss is a single stake   lay to back you could have 3 winning trades and then you could loss £300 in one trade  only my opinion but then what do I know Im only new here Surprised
Report Latalomne November 14, 2014 9:13 AM GMT
Surely it depends on which way you think the market is going to go?  Crazy
Report pawras November 14, 2014 4:28 PM GMT
there's the kicker , predicting the market movement !
Report broadsword November 14, 2014 11:31 PM GMT
this is groundbreaking stuff
Report Thin and Crispy November 18, 2014 7:08 PM GMT
I prefer to Lay then Back because the majority prefer to Back to Lay.
Report kenilworth November 18, 2014 7:51 PM GMT
Thin, most people are backers, buyers etc,
they like things to happen rather than the
other way, no goals, low corners etc, but
I'm not sure about backing to lay..other
than if they get stuck with something they
prefer it to be a back. Does that make sense?
Report Thin and Crispy November 19, 2014 10:55 AM GMT
Its psychologically less of a risk to first back something and then lay it rather than the other way round.
Report kenilworth November 19, 2014 8:06 PM GMT
It depends on what you are doing. If you back a side to win
and they go a goal down between the back and lay bets then
that is not good, but good if doing the opposite. As I said,
it depends on what you are doing.
Report green army November 20, 2014 7:34 AM GMT
golden words
Report Charlie November 20, 2014 4:32 PM GMT
If it's football then lay to back. If nothing happens then odds will go out and can back for profit. You can't do that the other way round.
Report kenilworth November 20, 2014 6:24 PM GMT
Charlie, What happens when your 'lay' scores first?
Report Charlie November 20, 2014 8:52 PM GMT
Ken
No disrespect but it's called betting. It's the opposite of when the lay concedes first. If we could all get it right all of the time then betting wouldn't exist.  The OP asked whether to back to lay or other way round. I gave my reason.
Report Charlie November 20, 2014 9:07 PM GMT
And at the risk of after timing.  I laid Stevenage at 1.89 and backed at 4.5 but also laid BTTS at 1.76 which I couldn't lay off for a profit (and has now lost) and over 2.5 at 1.6 which I could have made a profit on but didn't.
Report Charlie November 20, 2014 9:17 PM GMT
I could now lay off over 2.5 for a profit but will wait to see if odds go below 1.5.
Report LEGIT November 21, 2014 7:09 AM GMT
Football betting is different to HR betting and should be treated as such as from the kick off there is a winnner that has to be usurped by a change in the game i.e. a goal divided by time remaining. With HR from the off all the prices are moving in different directions based on market opinion in play.
Report LEGIT November 21, 2014 7:11 AM GMT
Good and interesting responses nonetheless, thanks and apologies if I have stated the obvious to some in my previous post.
Report kenilworth November 21, 2014 3:23 PM GMT
Charlie
Joined: 01 Dec 01
Replies: 768
    20 Nov 14 16:32   

If it's football then lay to back. If nothing happens then odds will go out and can back for profit. You can't do that the other way round.

Charlie, sorry to ruffle you but the above suggests that one way
is better than the other, and that is not the case as you haven't
answered the question, other than make some reference to 'betting'
truth is one way is no better than the other. BTW what you did in
the Stevenage game proves nothing.
Report Charlie November 21, 2014 4:15 PM GMT
Ken
Agree about Stevenage.
If the question is "which method would be best in your opinion and why? " In my opinion in football lay to back is best. As the game progresses a team's odds will, in general, increase (obviously I mean when no goals have been scored). This gives an opportunity to lay off for profit. If you back first this opportunity is not there.
Report trebor November 21, 2014 4:53 PM GMT
If it's football then lay to back. If nothing happens then odds will go out and can back for profit. You can't do that the other way round.

Thanks I will try it on the football this weekend, think I will start with laying all the 1-0 and 0-1 and hope nothing happens and trade out after 30 mins, should make a good profit eh?
Report Charlie November 21, 2014 5:08 PM GMT
I should add an important caveat in that I'm not talking about random games. I'm only considering laying teams where I consider the odds too short and preferably the team are not great goal scorers. 

trebor
As you well know that's not what I meant.
Report trebor November 21, 2014 5:16 PM GMT
Sad I thought I was gonna make a fortune.
Report Charlie November 21, 2014 5:18 PM GMT
Take Leicester-Sunderland tomorrow.  Would you rather back Leicester at 2.16 or lay them at 2.18?

You may end up with a small fortune.  If you start with a large one Grin
Report Charlie November 21, 2014 5:38 PM GMT
Just thought that's a daft example.
Would you rather lay Leicester at 2.18 or back Sunderland at 3.9? And the bet is one where you're laying off as per OP.
Report kenilworth November 22, 2014 1:32 PM GMT
I'm only considering laying teams where I consider the odds too short and preferably the team are not great goal scorers
Report Charlie November 22, 2014 2:50 PM GMT
And your point is?
Report Rob_The_Bantam November 22, 2014 9:31 PM GMT
If it's football then lay to back. If nothing happens then odds will go out and can back for profit. You can't do that the other way round.

Arsenal went off at about 2.04 today.  They were 1.8 in running after about 15-20mins; the scoreline was 0-0.

Also, if one outcome's odds are going out, another's is coming in.  So depends which outcome you're on.  If you are laying a team, all you're actually doing is backing the other outcomes anyway.  It's a non-issue.
Report kenilworth November 23, 2014 5:22 PM GMT
Charlie, my point was a little complicated
to type and post on here, sorry about that!
GL with what you do.
Report CJ70 November 23, 2014 11:10 PM GMT

Nov 23, 2014 -- 5:22PM, kenilworth wrote:


Charlie, my point was a little complicatedto type and post on here, sorry about that!GL with what you do.


Come on, Ken. You've spent a lot of time articulating that you don't understand the exchange concept properly, so laying/trading will always be anathema to you.

You need to be honest with that when picking up others on similar points.

Report kenilworth November 24, 2014 5:22 PM GMT
CJ70, I only bet when I believe the odds
are in my favour, if you don't understand
that simple philosophy, that is your problem.
Report pxb November 24, 2014 6:44 PM GMT
Each method doesn't return the same.

At odds above 2, backing to lay returns more for the same stake.
Report stu November 24, 2014 6:49 PM GMT
Bigger risk with laying if same unit stake, but of course you can always lay for a smaller stake. But your potential profit will be smaller if so.
Report Charlie November 24, 2014 6:54 PM GMT
I agree with Ken

Perhaps I should change my opinion on what I consider is best to what I prefer to do.
Report CJ70 November 24, 2014 7:11 PM GMT

Nov 24, 2014 -- 5:22PM, kenilworth wrote:


CJ70, I only bet when I believe the odds are in my favour, if you don't understand that simple philosophy, that is your problem.


You are replying to something I haven't written again.

Report kenilworth November 25, 2014 8:17 PM GMT
harlie
Joined: 01 Dec 01
Replies: 785
    24 Nov 14 18:54   

I agree with Ken

Perhaps I should change my opinion on what I consider is best to what I prefer to do.
Report kenilworth November 25, 2014 8:24 PM GMT
Charlie, a good philosophy. Bet only on what you are comfortable with,
personally I prefer to be a seller rather than a buyer, a simple
example is say, 'overs/unders', I only bet 'unders' when the odds
seem to be in my favour. When 'overs' seem best I don't bet. I think
you know what I mean.
Report green army November 26, 2014 7:43 AM GMT
aaah more gold from the guvnor,  "I only bet 'unders' when the odds
seem to be in my favour", some may the king really just spouts the bleeding obvious but I say Kenny just keeps it simple, he is "Mr Simple" and hes forgotten more than the rest of etc, but I hear that's now treatable with modern drugs
Report Charlie November 26, 2014 3:53 PM GMT
ga
I've no gripe with you or anyone and I enjoy reading the SADO thread.

Ken is a good guy who is saying more than you quote.  He probably has forgot more than most people know on here. And not for bad reasons.
Report CJ70 November 26, 2014 5:14 PM GMT

Nov 26, 2014 -- 3:53PM, Charlie wrote:


gaI've no gripe with you or anyone and I enjoy reading the SADO thread.Ken is a good guy who is saying more than you quote.  He probably has forgot more than most people know on here. And not for bad reasons.


Surely one would just need to read Racing Post back issues to remember them again? ;)

Report Rob_The_Bantam November 27, 2014 4:29 AM GMT
When 'overs' seem best I don't bet. I think you know what I mean.

I don't.  If overs is value, do you pass up on the bet simply because the selection wouldn't be unders?
Report kenilworth November 27, 2014 3:47 PM GMT
If overs is value, do you pass up on the bet simply because the selection wouldn't be unders?

I am not comfortable backing, for example 'overs', correct.
I prefer to be betting against things happening,
I trust selling rather than buying, the market encourages
the latter.
Report green army November 27, 2014 8:03 PM GMT
another sprinkling of golddust from the guvnor....more
Report Rob_The_Bantam November 28, 2014 5:25 AM GMT
Ken - what's the difference between backing overs at evens and laying unders at evens?
Report kenilworth November 28, 2014 3:23 PM GMT
No diff except you don't see it, do you?
Surprised you ask.
Report Rob_The_Bantam November 28, 2014 6:45 PM GMT
I don't see what?  You'll have to dumb things down for me, ken.  As far as I can see, you say that you only like laying bets and not backing.  In a two runner market, there's no material difference between the two.  So what am I misunderstanding?
Report kenilworth November 30, 2014 10:56 AM GMT
In a two runner market, there's no material difference between the two.

Your words above, so why are you asking the question in your
previous post?
Report CJ70 November 30, 2014 10:04 PM GMT
And you wonder why people say you don't understand the exchange concept.
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