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2/1
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even money can be value EW under the right circs. And back in the day got shop managers thinking you were a complete mug.
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2/1 perfectly acceptable in the right shape / math's of race as if you can interpret the place part as a given you get 16/5 for your 2/1 shot using risk vs profit , in that example the 1.4 for a bookies place would be probably available around 1.12 or less on the exchange given the choice of race.
There are a million examples of when e/way can and should be be applied in the right circumstances but 98% of punters won't even know those opportunities exist , ignorance is bliss  |
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Sorry Dave posted before reading yours
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dave1357, what are those circumstances?
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In that example swifty imagine what you could do with a handful of similar shaped races on a busy race card day , it's compounding an over broke as opposed to the traditionally accepted multiple value depreciation involving over round.
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Hayden 2-1 fine, but dave was suggesting evens, I'd agree in multiples maybe but singles when they're odds against to win in actual terms, I can only see a theoretical 5 runner race with 2 evens shots and 20s bar the 2 paying a 1/4 odds as the only way it would be worth it, those races must come round once a year.
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i used to back 2nd favourites in maidens, where there was a short price fav, all prices down to 3/1 back in the day.
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Must admit swifty can't think of a time i ever select my own horses in those types of scenario's , the horses pick you so selections are a no brainer.
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In my experience if your win bets lose in the long run so will your place bets. If your win bets
show a profit you don't need the e/w bet. |
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If your usual win level stake is £100. What stake do you apply on an ew bet ?
Half the stake ie £50 ew or £100 ew ? |
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rograin , with respect mate you seem a pretty one-dimensional punter ( not a criticism just an observation ) and have missed the main point as to what the thread is all about.
Good luck guys |
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swiftynifty • October 14, 2024 7:25 PM BST
dave1357, what are those circumstances? 8 runner job evs fav, 6s bar. You might find that the evs is 11/10 on here and the normal "dirty" picks are twice the price. |
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I haven't missed the point at all Hayden. Basically I'm saying e/w betting is pointless.
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How are you getting 16/5 for a 2/1 shot backing E/W?
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roggrain is saying that if he had an offer of £2 for £1 and an offer of £3 for £1, he just take the first one.
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hayden, i agree the make up of the whole market make the e/w multiples the play, there are 3-1 shots that are 5s on to be placed ,others are a genuine 0.6 to place chance, maidens v. handicaps usually as you say.
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Fair enough rograin , if you think e/way betting is pointless we'd better leave it at that.
Good punting mate penzance , read again and take on board the assumption of it being placed at probably around 1.12 in this example |
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Have to say you've bamboozled me there with 16/5.
2/1 Wnr 1/4 odds E/W returns 5/4. Plc only |
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Roggrain. What the e.w.bet allows you to do (in maybe a dozen bets per year ) is increase substantially
your stake. Occasionally you can find bets which cannot be out of the first three.Because of the safety net the place part,instead of having say 50.00 win,you could have 250.00 e.w.Thus increasing your profit. Of course you could lose the lot,bur over a series of bets,this shoud not happen. |
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Yep, bookies don't normally do plaice only.
With very good reason. |
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25/1 never less hence on average twice a year.
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Don't have an unbreakable rule but as I only bet on here, the place bet is separate so don't really bet e/w. I try not to bet place only at less than evens.
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Back odds on shots e/w regularly, like this one for example:
https://www.attheraces.com/racecard/Beverley/14-August-2024/1445 Only question is, is it value? Never back the second or third fav in bad e/w races, you'll soon be closed down. Fav on the other hand they're often glad to oblige and it's a lot easier to get on. |
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No doubt they would be happy to oblige ew on odds on, most would send a limo to take you to a shop of your choice!!
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10/1 , i sometimes back the win part with the books and have the place part on here 4 places ,if i am feeling more confident ill do both ew with the books normally 3 places and betfair sp win and places.
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Your reasoning is sensible Foyles as you are always looking for a profit even if only placed whereas I also look at the place part as a form of insurance against the win stake so even 5/2 sometimes acceptable.
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Odds on and unplaced...wonder if Joe Lumpton any of 'em?
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only one of them looks like a bad ew race, so I doubt it
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CagliariG • October 15, 2024 10:22 AM BST
No doubt they would be happy to oblige ew on odds on, most would send a limo to take you to a shop of your choice!! surprising that a man with a £600k system doesn't understand why EW odds on might be an ok bet |
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odds ew might be a bet in some cases dave ,i must say i have never explored it to be honest but each to their own ,i am comfortable with the 10/1 but others as pointed out on here are happy to play at much shorter odds ,if they can make it pay then i cant fault there methods .
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Like £100 ew @ 4/7 Dave as Lampton thinks? Stake £200 return £111.43 if only placed as opposed to £200 stake win @ 4/7 returns £268.47 = profit £68.57, a loss of £88.57 for the place instead of a further potential loss of £11.43 on the win?
Makes a lot of sense IYO, btw probably why I never had to sell my method or had to use it whilst mugs like you are skint!! HTH |
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BTW Foyles, I would love some of my clients to be like Dave and Lampton, would need fewer for more profit!!
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ffs glentobymug hasn't got the slightest clue how to work out the expected value of a bet.
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not really a surprise, after all he thinks a screenprint is taking a photo of your computer
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Where is the value in guaranteed loss Dave? Feel free to explain why after making a book for 30 years this has escaped me?
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if you don't know how to work out the expected value of a bet, there isn't any point explaining
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I just did it for you but your not very sharp are you!!! e.g for the sake of less than £12 you think it is better to put £100 on a 4/7 to place and return that amount as opposed to putting the £200 to win and only losing that same amount if beaten?
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