Forums
There is currently 1 person viewing this thread.
Gaze733
18 Oct 20 10:51
Joined:
Date Joined: 15 Mar 12
| Topic/replies: 6,910 | Blogger: Gaze733's blog
You get double the win rate but around a quarter of the odds.

E.g. you can hit 20% with 9/1 shots to win or 40% at 2/1 to place, the former is 100% roi, and the latter only 20%. That's why people who bet their favs and second favs each way are ridiculous. If you don't trust it to win, don't back it. The exceptions are 15/1 shots and above.

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
sort by:
Show
per page
Replies: 26
By:
tyred
When: 18 Oct 20 11:08
no wonder you need tipsters to tell you what to back and lay.
By:
Gaze733
When: 18 Oct 20 13:13
I don't you idiot. I'm better than tipsters, but I don't know everything about every horse, so why not add some good free tipsters to my portfolio?

Point still stands, place betting is for scaredy cats. So what if your horse doesn't win? Just bet on the next race.
By:
Rico-Dangleflaps
When: 18 Oct 20 13:22
gaze = charlie cairoli
By:
11kv
When: 18 Oct 20 13:26
"So what if your horse doesn't win? Just bet on the next race."

From the Big Mart bible.
By:
hulk23
When: 18 Oct 20 13:26
had to google him to find out who charlie cairoli is (was) ...
By:
The Management
When: 18 Oct 20 13:39
Their is a thyme and a plaice for plaice betting and the saym for each-weigh betting.

Each-weigh and Plaice only can be some of the shrewdestest and bestest valoo bets u can ever strike if yu understand the thyme and the plaice - they can alsow be the mostest muggiester and pourest valoo bets you can strike if u dont understand aboot the wright thyme and Plaice.
By:
Gaze733
When: 18 Oct 20 13:45
Place betting is being results oriented, but if you're betting value you don't need the winner right now.
By:
BULLET TOOTH TONY
When: 18 Oct 20 13:53
There are many horses that I have backed to win that have finished 2nd, ,3rd or 4th and after the event I have thought I should've, could've and would've had I known the result before hand...............Each market has a relevance, the key is playing right to your % chance of success.

To stick to one market or another is the biggest mistake in betting, but to discredit a market is a bigger problem and u should give up if you cant see where it would a relevance to make a winning investment.
By:
BULLET TOOTH TONY
When: 18 Oct 20 13:53
There are many horses that I have backed to win that have finished 2nd, ,3rd or 4th and after the event I have thought I should've, could've and would've had I known the result before hand...............Each market has a relevance, the key is playing right to your % chance of success.

To stick to one market or another is the biggest mistake in betting, but to discredit a market is a bigger problem and u should give up if you cant see where it would a relevance to make a winning investment.
By:
sparrow
When: 18 Oct 20 13:53
Place only markets = 3 and 4 winners per race.
By:
Rico-Dangleflaps
When: 18 Oct 20 13:53
gaze,the epitome of a spice user.
By:
stewarts rise
When: 18 Oct 20 14:10
BTT even posts EW.
By:
BULLET TOOTH TONY
When: 18 Oct 20 14:10
GAZE - 14.57 Kempton - 7 Runners - 4TBP market - How would you price up Daring Malatrix to be in the first 4, given that you must find 4 to finish in front or expect the horse to fall for it not to be a winning bet............how would you price the ROI on this please, if you make it Enticing enough for me, can you become my bookie
By:
geoff m
When: 18 Oct 20 14:16
What evidence do you have to suggest you get double the win rate?? and not 2.3 or 3 or more??
By:
Gaze733
When: 18 Oct 20 14:26
Because that's how it works. I've never seen anyone triple the win rate by making place bets. Either the horse runs as you expect or it fails. Even an odds on fav can finish last of 8. Just look at Time voyage @1.6, finished 5th.

Also, think about the big gambles. Either the info is good and the horse that steams from 20 to 3 bolts home by 6 lengths or it finishes second last because it runs like a 20/1 shot.
By:
Brian
When: 18 Oct 20 14:38
You've missed your vocation Gaze, you should have been a statistician.
By:
The Management
When: 18 Oct 20 14:40
Fishing Fred Shirley - NOBODY is this stupid!

You are giving Gays everywhere a bad name imo
By:
tyred
When: 18 Oct 20 14:44
he is too stoopid to know how to fish !
By:
The Management
When: 18 Oct 20 14:52
The sheer volume of threads would indicate that you may be correct tyred.
By:
Larabrown
When: 18 Oct 20 16:56
The OP is a good example of why most punters lose.
By:
Hayden
When: 18 Oct 20 17:37
Punters who don't know why they need bookmakers as well as the exchange for betting opportunities will definitely be far too one dimensional in their approach , so consequently will be letting smart opportunities pass them by on a daily basis.
By:
geoff m
When: 18 Oct 20 17:38
geoff m18 Oct 20 14:16Joined: 23 Feb 03 | Topic/replies: 16,340 | Blogger: geoff m's blog
What evidence do you have to suggest you get double the win rate?? and not 2.3 or 3 or more??





Gaze733
Gaze73318 Oct 20 14:26Joined: 15 Mar 12 | Topic/replies: 1,479 | Blogger: Gaze733's blog
Because that's how it works. I've never seen anyone triple the win rate by making place bets. Either the horse runs as you expect or it fails. Even an odds on fav can finish last of 8. Just look at Time voyage @1.6, finished 5th.

Also, think about the big gambles. Either the info is good and the horse that steams from 20 to 3 bolts home by 6 lengths or it finishes second last because it runs like a 20/1 shot.


So NONE then.
By:
jamee1
When: 18 Oct 20 20:05
If this was true then you could just back the favs to win and lay them to place. You would be quids in! (Disclaimer: you won't be quids in).
By:
Rico-Dangleflaps
When: 18 Oct 20 20:34
the only cistern that workd flushes ya dough down the karzi..
By:
Gaze733
When: 18 Oct 20 21:26
Alright you clowns, if you think place betting is so great, why bet in the win market at all? After all, it's the same profits, except with a higher variance, right? Go on, bet on favs to place and win 80% of bets @1.5.
By:
jamee1
When: 18 Oct 20 22:27

Oct 18, 2020 -- 3:26PM, Gaze733 wrote:


Alright you clowns, if you think place betting is so great, why bet in the win market at all? After all, it's the same profits, except with a higher variance, right? Go on, bet on favs to place and win 80% of bets @1.5.


The win market books are usually just above 100%. The 2-place market books are just above 200%, 3-place 300% and 4-place 400%. Over time based on random backing you will return roughly the same % whether you bet in only the win or place markets.

sort by:
Show
per page

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
‹ back to topics
www.betfair.com