Wimbeldon 09

[Johno6]

nah its not a problem, i meant as in do i have to go to an office and have my drivers licence etc or can i just sign up online.
ill do it tonight...
if i reccomend any of u guys do u get anything?

i thought with tabonline u could only take money out if u signed up in a tab or a pub not just online?

[kick it to your mom]

now im terrible with numbers. dutchy or someone out there can you explain JOHNO's predicament for me, (and johno, bu the sounds of it)


for instance- he backed stepanek @ $3.75 before the start of the match.
say $100 @ $3.75 -outlay = $100, for a profit of = $275

he goes to bed with stepanek all over hewitt. can you explain in more detail (figures) how can he lay off stepanek for a gauranteed profit.

-for example

outlay for stepanek win - $100
goes to bed and lays stepanek who is looking the goods at $1.50 - how much should he put on stepanek at this price to ensure a profit.

cheers guys, betfair sometimes goes over my head,but would love to learn how to do it properly and ensure profit.

[Johno6]

what i THINK happens, is he would be paying more money to lose at that stage as he is 2 sets up... so he might be paying $1.50 to win but i might 'lay' him at $3 to lose...

i think???

[JK]

I think they're suggesting backing Hewitt, which around Johno's bed tim had him at $5.30 in-game on Betfair ... So for example:

Stepnek $100 @ $3.75
Hewitt (say) $50 @ $5.30

Means profit would be Stepanek $375 - $100 - $50 = $225
Hewitt $265 - $100 - $50 = $115

Either result ensures a (tidy) guaranteed profit.

[Johno6]

ahhhhhh ok that makes a lot more sense now
i thought u were backing the guy u picked to lose, not putting money on the other guy to win, which makes alot more sense

thanks mate

[JK]

No worries mate (btw, its amazing how often your Avatar catches me out lol)

[A Mum]

No worries mate (btw, its amazing how often your Avatar catches me out lol)

Me too !!

[Dutchy]

Yep CP has explained it well although on BF (presuming your inital bet was on there) you Lay Stepnek (back against him winning)

So say you have $100 @ $3.75 on Stepnek


Stepnek Win $275
Stepnek Lose $100

now if Hewitt got out to $5.30 in play that means Stepnek would have been around $1.20 to Back or Lay

So you LAY Stepnek $300 @ $1.20, this means your risking $60 to win $300, the $60 will come off your profit so scenario would now be -


Stepnek Win $215
Stepnek Lose $200

Your taking a slice off your potential profit to "green up" meaning you win no matter what happens

For those still trying to get the hang of Betfair have a look at their online demo...

[kick it to your mom]

dutchy with that would i be correct in saying that the total outlay is $160?

total outlay= $160

stepanek win= $215 ($215 - $160 = $55 profit) is that right??>>>???
stepanek lose= can someone explain the figures there???????????

[Johno6]

wouldnt u win more tho if u put $100 on stepanek to start with at $3.75
then when hewitt gets out to $5's u put 100 on him instead of $160 on stepanek to lose?

[Dutchy]

dutchy with that would i be correct in saying that the total outlay is $160?

total outlay= $160

stepanek win= $215 ($215 - $160 = $55 profit) is that right??>>>???
stepanek lose= can someone explain the figures there???????????

Not really, the initial $100 comes out of your account when you BACK him, when you LAY him the $60 comes off your potential profit reducing it from $275 to $215......the green figures above are pure Profit so you would get that back plus your original $100

So thats why it is clever to lay off, sure you reduce your potential profit on Stepnek by $60- but you can now win $200 if he loses and get your initial stake ($100) back

hope that makes sense

[dodgingandweaving]

wouldnt u win more tho if u put $100 on stepanek to start with at $3.75
then when hewitt gets out to $5's u put 100 on him instead of $160 on stepanek to lose?

Is another way to do it Johno, must admit sometimes this goes over my head at times.

$100 on Stepanek @ $3.75
$100 on Hewitt @ 5.20 (in the run, when he is 2 sets down)

If Stepanek wins - $175 pure profit
If Hewitt wins - $320 pure profit

(Pure profit is after the 2 x $100 outlays)

I'm with you Johno, is the eaier way to understand it, but sometimes i guess you can get slightly better odds by LAYING the other bloke?

[Dutchy]

wouldnt u win more tho if u put $100 on stepanek to start with at $3.75
then when hewitt gets out to $5's u put 100 on him instead of $160 on stepanek to lose?

No they LAY bet would only cost you $60-, not $160

In your scenario Johno -

Stepnek Win $175
Hewitt Win $300

so you sould win more if Hewitt won, which is fine if thats they way you wanted to structure it but considering Stepnek was 2-0 up Id put more of the profit over on his side

[Mr_Willy]

nah its not a problem, i meant as in do i have to go to an office and have my drivers licence etc or can i just sign up online.
ill do it tonight...
if i reccomend any of u guys do u get anything?

i thought with tabonline u could only take money out if u signed up in a tab or a pub not just online?

I think you have to go to a tab or pub and prove your identity before you can use your account properly. But I signed up online, and bet online and on my phone, and rip the money out at the local pub tab...

[Browny25]

What are the odds for the finals?

I cant get onto the gambling websites at work.

[dodgingandweaving]

Winner
Roger Federer 1.58
Andy Murray 3.40
Novak Djokovic 13.00
Andy Roddick 16.00
Lleyton Hewitt 21.00
Ivo Karlovic 41.00
Tommy Haas 51.00
Juan Carlos Ferrero 101.00

[Browny25]

Can Hewitt beat Roddick in anyones opinion?!

[mighty_tiger_79]

i think hewitt can beat roddick but needs to be at the top of his game from the start

he wont be able to win if he gets behind by a set

[Dutchy]

Winner
Roger Federer 1.58
Andy Murray 3.40
Novak Djokovic 13.00
Andy Roddick 16.00
Lleyton Hewitt 21.00
Ivo Karlovic 41.00
Tommy Haas 51.00
Juan Carlos Ferrero 101.00

Betfair prices -

Roger Federer 1.68
Andy Murray 4.10
Novak Djokovic 16.00
Andy Roddick 20.00
Lleyton Hewitt 55.00
Ivo Karlovic 60.00
Tommy Haas 75.00
Juan Carlos Ferrero 160.00

Karlovic a huge show to upset the Fed tonight @ $9.00

[dodgingandweaving]

Betfair is full of value. I just got that market quickly from Sportsbet. Remarkable difference.