New Posts For Thread: does the concept of "value" actually existhttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-existif you back a horse at 33s when he unseats rider at the last when twenty lengths clear does this mean that you got value but were unlucky? or those any winner backed at any price including 1.01 actually constitute value or is it just a term inventedyes value exists and is alive and kickinghttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=556989539#556989539yes value exists and is alive and kickingThu, 11 Apr 2019 12:25:38 -0500db1974 of course you are ocrrect i am not guaranteed to win, but the bigger the sample, the more confidence i can have that I will realise my expected profithttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422696298#422696298db1974 of course you are ocrrect i am not guaranteed to win, but the bigger the sample, the more confidence i can have that I will realise my expected profitMon, 09 Nov 2009 10:53:43 -0600As well as discipline tha ability to discern value is a key component in a sussessful gambler.In the long run a punters ability to back eventualities at odds greater than the chance of their occurance will set him well on the way to making money.Howehttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422695970#422695970As well as discipline tha ability to discern value is a key component in a sussessful gambler.In the long run a punters ability to back eventualities at odds greater than the chance of their occurance will set him well on the way to making money.HoweWed, 04 Nov 2009 05:36:28 -0600pots 03 Nov 18:04 If someone offered me 6/4 heads on a coin toss, I would be getting value, assuming the toss was fair. If I was challenged to one toss for 100k, i may choose not to have the bet cos I can;t afford to lose 100k. however if he offred mhttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422695966#422695966pots 03 Nov 18:04 If someone offered me 6/4 heads on a coin toss, I would be getting value, assuming the toss was fair. If I was challenged to one toss for 100k, i may choose not to have the bet cos I can;t afford to lose 100k. however if he offred mWed, 04 Nov 2009 04:13:41 -0600Value is critical to making a profit punting but is fiendishly hard to quantify. If I offered you 5/2 on the toss of a coin would you consider it value? Yes of course you would but it could be the worst bet you've ever had. Do you know me? Do you knohttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422695958#422695958Value is critical to making a profit punting but is fiendishly hard to quantify. If I offered you 5/2 on the toss of a coin would you consider it value? Yes of course you would but it could be the worst bet you've ever had. Do you know me? Do you knoWed, 04 Nov 2009 00:38:07 -0600cant be arsed to read all that, no value in ithttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422695950#422695950cant be arsed to read all that, no value in itTue, 03 Nov 2009 16:38:16 -0600Win only I said before - "When the books price up something "wrong" thats a whole different matter altogether"In reality no book would go 1/2 in that match, I'll give you an example, blue to the square going 5/4, 8/1, 16/1 and 25/1 about a four runnehttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422695946#422695946Win only I said before - "When the books price up something "wrong" thats a whole different matter altogether"In reality no book would go 1/2 in that match, I'll give you an example, blue to the square going 5/4, 8/1, 16/1 and 25/1 about a four runneTue, 03 Nov 2009 16:24:10 -0600Doyler1987 03 Nov 21:29Think about it though, the only reason youve actually got a bet on is because someone else has gone against you. Its "value" because you think youre the one whos "right." But you have to respect the other blokes judgement thttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422695942#422695942Doyler1987 03 Nov 21:29Think about it though, the only reason youve actually got a bet on is because someone else has gone against you. Its "value" because you think youre the one whos "right." But you have to respect the other blokes judgement tTue, 03 Nov 2009 15:57:53 -0600If you price up your own tissues for certian or all(wd) races, or you have a good idea what price you want on a certian horse the night before, say 10/1.... and the next day its 20/1 then you surely must say to yourself "thats value.."Pricing up certhttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422695934#422695934If you price up your own tissues for certian or all(wd) races, or you have a good idea what price you want on a certian horse the night before, say 10/1.... and the next day its 20/1 then you surely must say to yourself "thats value.."Pricing up certTue, 03 Nov 2009 15:53:31 -0600Jaysus lads, of course it exists. It not only exists, it is the beginning, the middle and the end of punting. If you are a winning punter, it is because you have been backing at prices which on average have TURNED OUT TO BE good value. There is nothihttps://community.betfair.com/irish_sports/go/thread/view/94110/23594398/does-the-concept-of-value-actually-exist?post_id=422695930#422695930Jaysus lads, of course it exists. It not only exists, it is the beginning, the middle and the end of punting. If you are a winning punter, it is because you have been backing at prices which on average have TURNED OUT TO BE good value. There is nothiTue, 03 Nov 2009 15:42:27 -0600