My Official £50-£46,000 betting challenge
- Thread starter robfosters
- Start date
Soldato
Unsensible betting IMO.
The whole point of this is to go for VERY low bets 1.02 is pretty much my maximum 1.03/1.04 if I'm feeling a bit crazy.
I've placed 15 bets so far, all for Unders and I am currently up by £10~ (awaiting a bet to come in) it's going to take a long long time and I'm pretty sure I will fail but its fun regardless.
If I make it to £1000 I will take out £500 to make myself feel better incase I lose anything!
Agreed. Although I'm up around 1100% at the moment after a week. Going to start taking it easier now. Luckily I didn't bet my whole pot on the risky bet
Woop got my bonus in so now at £62.~ so a total of nearly £30 profit.
Even if I had to quit now I would be happy
Has anyone else found that a bet at say under 5.5 goals @ 1.01 if they increase it to 1.02 it will say there is problem something or other but be accepted anyway?
Might try it to 1.03 next time and see if I get away with it
Even if I had to quit now I would be happy
Has anyone else found that a bet at say under 5.5 goals @ 1.01 if they increase it to 1.02 it will say there is problem something or other but be accepted anyway?
Might try it to 1.03 next time and see if I get away with it
Associate
Begbie - if I place a bet at 1.02 and the odds increase to 1.03 can I cancel my bet and take the new odds? How does it work?
Woop got my bonus in so now at £62.~ so a total of nearly £30 profit.
Even if I had to quit now I would be happy
Has anyone else found that a bet at say under 5.5 goals @ 1.01 if they increase it to 1.02 it will say there is problem something or other but be accepted anyway?
Might try it to 1.03 next time and see if I get away with it
it depends on whether your 1.01 bet has already been matched or not. If it's not been matched then you could change it to 1.02 and wait for that to be matched.
Associate
Anyone know of a good website or android app with the daily fixtures and live scoring? Most i've found are pretty limited and only really list english or the popular european leauges
I've been using the FotMob app, which is pretty good, but half the fixtures that are listed on the betfair app aren't listed on FotMob. FotMob also sends notification of start, finish and goals, which is a good feature.
I've been using the FotMob app, which is pretty good, but half the fixtures that are listed on the betfair app aren't listed on FotMob. FotMob also sends notification of start, finish and goals, which is a good feature.
Soldato
I use liveScores.com which seems like a decent website for random games
Associate
Meh. I still don't get lay bets and cash out's. Can someone explain it in uber-layman's terms?
my attempt to keep it simple.
You back a team (say man utd) to win (BACK) a football game @ 5.00 with £10 before the start.
The team are doing well and are 2-0 up say with 30 mins left. The odds on that team winning are now 2.0
So what you can do it Lay (back against) that team now with £25 @ 2.0.
So what you have is the following:
If Man Utd win - You get 5.0 x £10 (£40 profit) minus the £25 you put on for them to lose - So you have a guaranteed £15 profit.
If they draw or lose from that position, you will get £25 back from your LAY bet (a winning bet) minus the £10 you put on at the start for them to win.
That make sense??
So no matter what the outcome - you are £15 in profit.
Try playing about with this to help you understand it
http://www.betcalc.com/backlaycalc.php
Associate
OK. That makes sense now. Thanks. I've also sussed the cash out's now too. Win.
Bet Status: 1 of your bets could not be fully matched, see below for options.
Back Status
Your
Odds
Your
Stake
Your
Profit
Under 5.5 Goals
Ref: 18246475492
Total bet 1.04 £61.24 £2.45
Unmatched 1.04 £61.24 £2.45
Ref: 18246475492 Bet placed: 14:44 09-Feb-12
Can someone explain this to me?
Did my bet go ahead?
Back Status
Your
Odds
Your
Stake
Your
Profit
Under 5.5 Goals
Ref: 18246475492
Total bet 1.04 £61.24 £2.45
Unmatched 1.04 £61.24 £2.45
Ref: 18246475492 Bet placed: 14:44 09-Feb-12
Can someone explain this to me?
Did my bet go ahead?
Soldato
Betfair matches your bets against other players.
You have offered £61.24 @ 1.04 but nobody has been matched with that bet yet.
You can leave it and some (or all) of it might get matched before the end of the game. Or you can cancel it.
If it doesnt get matched, the money is returned to your account.
Associate
I had this earlier where only half my bet got matched. Was a little confusing at the time!
it just depends on how much is available at the odds you want to be matched - sometimes not all is available.
Associate
Well, I haven't been playing by the rules of this particular thread fully, but my original £50 is now a mighty £61.60 after two days. I'd really like to get £100 and then withdraw my initial £50.
Consigliere
The above is why i can't do laying/match betting...i get too confused. 
Sticking to the 'usual way'. Just bet on under 4.5 goals at 51mins during an Italian game. The score is currently and was when i placed the bet (1.02), 1-0.
Sticking to the 'usual way'. Just bet on under 4.5 goals at 51mins during an Italian game. The score is currently and was when i placed the bet (1.02), 1-0.
Just went through an annoying 10 minutes on wondering what the hell was going on trying to bet on an Aus footie game! 
Thanks touch!
Nice one, looking good above. Mine is now at 72 so £52 profit so far.
Will be happy when I reach a bit more and start seeing 'serious' money for each bet
Thanks touch!
Nice one, looking good above. Mine is now at 72 so £52 profit so far.
Will be happy when I reach a bit more and start seeing 'serious' money for each bet