Oddschecker

[joe lively]

I did read that the rule was to place the lay bet at bf sp but couldn't understand why. I would have thought it better to take the lay bet at the same time as taking the back bet with the bookie, locking in your position.

Another idea that this sheet would be useful for, which i think a poster here called 'manager1' came up with. The idea was to monitor the bookies prices just before the off then at the off lay each selection at the bookies price. The idea is that in the first few seconds of the in running market you often get matched. I used to use the old sporting life live shows sheet for this but it stopped working some time ago.

[danjuma]

...Another idea that this sheet would be useful for, which i think a poster here called 'manager1' came up with. The idea was to monitor the bookies prices just before the off then at the off lay each selection at the bookies price. The idea is that in the first few seconds of the in running market you often get matched. I used to use the old sporting life live shows sheet for this but it stopped working some time ago.

joe lively,

Sheet in the link below still works ok for the SL shows:

http://www.4shared.com/document/AfXxOG6 ... Al__G.html

Regarding the strategy you mentioned above, are you still using this, or was it profitable when you were using it? Cheers

[xraymitch]

Hi xraymitch,

joe livey has explained it to some extent. Basically you compare the bookies back odds against BF lay odds for a selection, and back the selection wih a BOG bookie if the bookie back odds is greater than the selection's Bf lay odds. You then later lay the selection @ BF SP or just before the off. The idea is that the selection would hopefully have shortened by then, and if not and it drifts and then wins, then hopefully, the BOG bookie would pay out at the higher ISP, so you still be in profit or small loss. The author advises not backing/laying selections higher that 15. Only caveats are sometimes the ISP might not be high enough to cover the lay bet, and the ever present threat of the bookies eventually catching up on you and limiting/closing you account. HTH

Thanks Dan for your detailed explanation.

Ray

[danjuma]

Hi xraymitch,

joe livey has explained it to some extent. Basically you compare the bookies back odds against BF lay odds for a selection, and back the selection wih a BOG bookie if the bookie back odds is greater than the selection's Bf lay odds. You then later lay the selection @ BF SP or just before the off. The idea is that the selection would hopefully have shortened by then, and if not and it drifts and then wins, then hopefully, the BOG bookie would pay out at the higher ISP, so you still be in profit or small loss. The author advises not backing/laying selections higher that 15. Only caveats are sometimes the ISP might not be high enough to cover the lay bet, and the ever present threat of the bookies eventually catching up on you and limiting/closing you account. HTH

Thanks Dan for your detailed explanation.

Ray

No probs. If you have nay more questions, let me know.

[joe lively]

joe lively,

Sheet in the link below still works ok for the SL shows:

http://www.4shared.com/document/AfXxOG6 ... Al__G.html

Regarding the strategy you mentioned above, are you still using this, or was it profitable when you were using it? Cheers

Thanks for the link, i tested it today and it worked great.

As for that strategy, it did show some profit but to be fair I probably didn't give it long enough to draw a proper conclusion. It had some big swings and I had some horrendous days with it but i generally finished the week positive.

Heres the original discussion:


http://gruss-software.co.uk/forum/viewtopic.php?t=2937&highlight=bookmaking+maths

[danjuma]

joe lively,

Sheet in the link below still works ok for the SL shows:

http://www.4shared.com/document/AfXxOG6 ... Al__G.html

Regarding the strategy you mentioned above, are you still using this, or was it profitable when you were using it? Cheers

Thanks for the link, i tested it today and it worked great.

As for that strategy, it did show some profit but to be fair I probably didn't give it long enough to draw a proper conclusion. It had some big swings and I had some horrendous days with it but i generally finished the week positive.

Heres the original discussion:


http://gruss-software.co.uk/forum/viewtopic.php?t=2937&highlight=bookmaking+maths

Yeah, did find the original thread, but thanks for posting the link again, and thanks for the feed back regrading the strategy. Cheers