Discussion
CIE560 said:
If you think you've got a nice little betting thing worked out where you can't lose, just think to yourself "why isn't everybody doing this?"
It's almost always because it won't work
Loads of bookmakers on the high street & increasing would suggest this post is a good one It's almost always because it won't work
Betfair's Draw No Bet market: 2.00 and 1.99. You'll lose 5% on commission, guaranteed. Just give me £500 and we'll call it quits.
Betfair's To Qualify market: 1.98 and 2.00. You'll lose 5% on commission, guaranteed. Just give me £500 and we'll call it quits.
You need to implement the Emotional Hedge.
1) Define how much you equate England going through in monetary terms. If you don't care, then it's zero. If it would make your day, then maybe £100.
2) Lay England with the above as liability.
Result 1: England qualify. You lose £100. Yay!
Result 2: Italy qualify. You win £100. Yay!
Betfair's To Qualify market: 1.98 and 2.00. You'll lose 5% on commission, guaranteed. Just give me £500 and we'll call it quits.
You need to implement the Emotional Hedge.
1) Define how much you equate England going through in monetary terms. If you don't care, then it's zero. If it would make your day, then maybe £100.
2) Lay England with the above as liability.
Result 1: England qualify. You lose £100. Yay!
Result 2: Italy qualify. You win £100. Yay!
Edited by Hoofy on Sunday 24th June 10:41
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