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do paddy p /spoils/lads impose a max stake restriction on getting treble the odds on one winner in the shops ?
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Replies: 14
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NO.
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Surely that is not correct frank?
If they impose a max stake restriction on the bet, then they have one on one winner? |
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Why would they?
The lucky 15 is a pure mug bet. You would need five-times the odds before those bets represented any sort of value. |
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lucky 15 profit margins
Two Times 13% Three Times 6% Four Times 1% Five Times -5% |
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Blackwater 02 May 12 14:02
Why would they? The lucky 15 is a pure mug bet. You would need five-times the odds before those bets represented any sort of value. trooper thornton 02 May 12 15:11 lucky 15 profit margins Two Times 13% Three Times 6% Four Times 1% Five Times -5% two words**** talk |
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A Laddy settler told me many moons ago before the advent of the exchanges that the the best value bet back then was the Lucky 15 treble odds.
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trooper correct with his analysis.
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If you are looking to take prices then your stake will be restricted very quickly with lads /spoils if you are consistently beating the sp , powers not bad for this type of bet .
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what are the L15's online? double?
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does anyone do treble online?
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Baldfred does treble online he is the only one i'm aware of
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When I was a betting shop regular I very often did each way Lucky 15's , generally in the each way "steal " races . Presumably it was profitable enough , otherwise with a head for value etc I would not have been doing that if I was losing money . No figures on the experience though , just a general feeling , and if you managed to get 4 placed there were bonuses also on the place of up to 20% which would regularly be activated .
If I was a bookie I would not have the slips in my shop , and in fact one of my regular visited shops always seemed "not to have any " , had to import them from another shop in the same ownership . Got barred there anyway eventually , not for the lucky 15 reason though . |
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vantastic54 Joined: 11 Jul 09
Replies: 28 02 May 12 18:55 trooper correct with his analysis. Trooper is entirely incorrect in his analysis. Like any other bet the margin or otherwise is dictated by the price taken compared to the actual price. With any multiple bet where you are getting a bigger price than it should be you in fact compound your edge. For example if you get 2/1 on the toss of a coin for two consecutive tosses then 8/1 the double is a fantastic value. However - in this particular example, given the consolation of x3 odds for one winner, and assuming you take prices marginally bigger than what the actual price is (obv this is a subjective measurement) then they are the best value mulitple bet by a country mile. Bookmakers are fully aware of this as well but given the inefficiency of betting shop punters are happy to take them. However try nad have a 10e Lucky 15 everyday for the next months at a price c15/2 when that firm are black type and see how long u last.... |
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Murphy you are talking about individuals Im talking about a global margin (actual margins for 2/3/4 times and are not theoretical)
Clearly depending on who the punter is the margins will differ from person to person from the figs i provided I would point out 3x is fairly unique to Ireland (found in clusters in the UK and is generally 2x) and is looked upon as a concession therefore is viewed as a lost leader in the irish market |