Mar 6, 2014 22:08:01
Sherwood : Not too cool to release Colorado as a pick then erase it. You should at least have to buy it back and eat some vig on it, like anybody else would to get off a bet, IMO ! NHL is not MLB with listed pitchers/ or goalies......but I can't list goalies as if it was baseball. Game is being played now, but that is not the point....An accurate record would eat some juice when getting off of a bet where you can't list terms like starting goalies.
Fuzzy, You are so right. I actually did have to buy it back and I did at a small loss of 0.02 units. Rarely does it happen because I usually wait for confirmation on goalies before releasing it when I think it's an issue but in this case I did not because I didn't figure for a second that Colorado would use Giggy. Your point is valid and will be incorporated from now on. Thanks for writing.
Mar 2, 2014 13:29:14
Sherwood: Thanks for your explanation. I have a further question. If you post your horse plays, are you not making it harder to get your own bets matched ? I can't use Betfair as an American but I used to play at Matchbook when that was an option. I wouldn't post the picks until my own bet was filled, if I was you. I have no idea how fast these bets get filled.
Nice comeback from being down 50 units, I'm sure you'll be + units on the year very soon.
No, no at all Fuzzy. There is so much liquidity at Betfair that you're bets get matched almost instantly if they are within reason. In fact, most races have over 50,000 in liquid and in races in Australia and Dubai for instance, that liquid is in the 100's of thousands. The same is true for sports. Every NBA and NFL game has over $500,000 in in liquid in live betting during the game.
Thanks for writing Fuzzy and for the vote of confidence.
Mar 1, 2014 11:32:19
Sherwood: How can you bet these horses with the conditions you make when you don't know what the odds will end up at ? I don't think it is realistic to say "NO BET" unless odds are at a certain level since it is out of our control.
Obviously we can't post the exact odds, as they change in real time but we will update it once the race is official.
We’re risking 1 unit to win approx. 3½ units for Bajheera to finish out of the money and .40 units for him to NOT win.
We’re also going to state the highest odds that we’ll play him at otherwise it will be a no bet.
For these bets to stand, Bahjeera must be under 3-1 to win and under 35 cents on the dollar to finish out of the money.
It's a bit tricky Fuzzy. At Betfair, you can set your own odds. For instance, I will go in and lay the bet at 40 cents to finish out of the money and at 3-1 to lose. Obviously, if they are less than that in real time, I will bet it at less. So when I go in to Betfair, I click the pink box and enter MY odds. When I click the pink box, on the right of the screen, the odds will come up for that particular horse. I enter let's say $100 in the amount and I also enter 1.40 (which is .40 because you always take away 1 point)in the odds box and I then click place bet. If someone matches it, I'm on and if they don't then the bet will not be placed. YOU CAN SET YOUR ODDS AT BETFAIR and it may or may not be matched so you have absolute complete control over the odds you are willing to lay.